Customs and other import duties in Nepal
Nepal: Customs and other import duties was 142.74 billion current LCU in 2023. ◆ Volatile
Customs and other import duties in Nepal, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Nepal recorded 142.74 billion current LCU for customs and other import duties in 2023.
The figure is down 15.1% on the previous year and up 162.7% over ten years.
Over the whole period, customs and other import duties in Nepal peaked at 168.19 billion current LCU in 2021 and was at its lowest, 2.67 billion current LCU, in 1990.
That places Nepal 38th out of 152 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.69 billion current LCU | 2.67 billion current LCU | 9.13 billion current LCU | 10 |
| 2000s | 15.41 billion current LCU | 10.34 billion current LCU | 25.76 billion current LCU | 10 |
| 2010s | 73.34 billion current LCU | 33.54 billion current LCU | 137.01 billion current LCU | 10 |
| 2020s | 142.84 billion current LCU | 117.59 billion current LCU | 168.19 billion current LCU | 3 |
Countries ranked near Nepal
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- Tax revenue 13.9% (2023)
- Taxes on income, profits and capital gains 26.7% (2023)
- Taxes on goods and services 38.0% (2023)
- Net investment in nonfinancial assets 4.4% (2023)
- Net lending (+) / net borrowing (-) -5.9% (2023)
- Interest payments 8.0% (2023)
- Grants and other revenue 17.8% (2023)
- Interest payments 4.1% (2021)
- Other taxes 1.0% (2023)
Frequently asked questions
- What is customs and other import duties in Nepal?
- Customs and other import duties in Nepal was 142.74 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Nepal?
- The highest recorded value was 168.19 billion current LCU in 2021.
- What is the lowest customs and other import duties recorded in Nepal?
- The lowest recorded value was 2.67 billion current LCU in 1990.
- How does Nepal rank for customs and other import duties?
- Nepal ranks 38th out of 152 countries with data for 2023.
- Is customs and other import duties rising or falling in Nepal?
- Over the last ten years it is up 162.7%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.