Subsidies and other transfers in Nepal
Nepal: Subsidies and other transfers was 707.05 billion current LCU in 2023. ◆ Volatile
Subsidies and other transfers in Nepal, 2010–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Nepal recorded 707.05 billion current LCU for subsidies and other transfers in 2023. That is the highest value across all 13 years on record.
That represents a change of up 8.2% on the previous year and up 397.8% over ten years.
Over the whole period, subsidies and other transfers in Nepal peaked at 707.05 billion current LCU in 2023 and was at its lowest, 104.19 billion current LCU, in 2010.
That places Nepal 50th out of 153 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 262.72 billion current LCU | 104.19 billion current LCU | 678.24 billion current LCU | 10 |
| 2020s | 654.49 billion current LCU | 603.20 billion current LCU | 707.05 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 subsidies and other transfers in Nepal?
- Subsidies and other transfers in Nepal was 707.05 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Nepal?
- The highest recorded value was 707.05 billion current LCU in 2023.
- What is the lowest subsidies and other transfers recorded in Nepal?
- The lowest recorded value was 104.19 billion current LCU in 2010.
- How does Nepal rank for subsidies and other transfers?
- Nepal ranks 50th out of 153 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Nepal?
- Over the last ten years it is up 397.8%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.