Tax revenue in Nepal
Nepal: Tax revenue was 748.42 billion current LCU in 2023. ◆ Volatile
Tax revenue in Nepal, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, tax revenue in Nepal stood at 748.42 billion current LCU.
Compared with earlier readings it is down 1.7% on the previous year and up 188.7% over ten years.
Over the whole period, tax revenue in Nepal peaked at 764.42 billion current LCU in 2019 and was at its lowest, 7.24 billion current LCU, in 1990.
That places Nepal 57th out of 157 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 |
|---|---|---|---|---|
| 1990s | 17.31 billion current LCU | 7.24 billion current LCU | 28.81 billion current LCU | 10 |
| 2000s | 58.70 billion current LCU | 33.15 billion current LCU | 117.05 billion current LCU | 10 |
| 2010s | 387.92 billion current LCU | 159.78 billion current LCU | 764.42 billion current LCU | 10 |
| 2020s | 707.62 billion current LCU | 613.39 billion current LCU | 761.06 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 tax revenue in Nepal?
- Tax revenue in Nepal was 748.42 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Nepal?
- The highest recorded value was 764.42 billion current LCU in 2019.
- What is the lowest tax revenue recorded in Nepal?
- The lowest recorded value was 7.24 billion current LCU in 1990.
- How does Nepal rank for tax revenue?
- Nepal ranks 57th out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Nepal?
- Over the last ten years it is up 188.7%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.