Goods and services expense in Nepal
Nepal: Goods and services expense was 4.4% in 2021. ▼ Falling
Goods and services expense in Nepal, 2010–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Nepal recorded 4.4% for goods and services expense in 2021. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 1.7% on the previous year and down 65.1% over ten years.
Over the whole period, goods and services expense in Nepal peaked at 12.5% in 2011 and was at its lowest, 4.4%, in 2021.
Nepal ranks 147th of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.8% | 4.6% | 12.5% | 10 |
| 2020s | 4.4% | 4.4% | 4.4% | 2 |
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 goods and services expense in Nepal?
- Goods and services expense in Nepal was 4.4% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Nepal?
- The highest recorded value was 12.5% in 2011.
- What is the lowest goods and services expense recorded in Nepal?
- The lowest recorded value was 4.4% in 2021.
- How does Nepal rank for goods and services expense?
- Nepal ranks 147th out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Nepal?
- Over the last ten years it is down 65.1%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.