Taxes on goods and services in Nepal
Nepal: Taxes on goods and services was 345.78 billion current LCU in 2023. ◆ Volatile
Taxes on goods and services in Nepal, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Nepal recorded 345.78 billion current LCU for taxes on goods and services in 2023.
That represents a change of down 2.2% on the previous year and up 156.9% over ten years.
Over the whole period, taxes on goods and services in Nepal peaked at 424.35 billion current LCU in 2019 and was at its lowest, 3.49 billion current LCU, in 1990.
Nepal ranks 55th of 157 countries on this measure, 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 | 8.62 billion current LCU | 3.49 billion current LCU | 12.99 billion current LCU | 10 |
| 2000s | 29.89 billion current LCU | 14.79 billion current LCU | 63.00 billion current LCU | 10 |
| 2010s | 208.14 billion current LCU | 89.68 billion current LCU | 424.35 billion current LCU | 10 |
| 2020s | 323.09 billion current LCU | 269.75 billion current LCU | 353.74 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 taxes on goods and services in Nepal?
- Taxes on goods and services in Nepal was 345.78 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Nepal?
- The highest recorded value was 424.35 billion current LCU in 2019.
- What is the lowest taxes on goods and services recorded in Nepal?
- The lowest recorded value was 3.49 billion current LCU in 1990.
- How does Nepal rank for taxes on goods and services?
- Nepal ranks 55th out of 157 countries with data for 2023.
- Is taxes on goods and services rising or falling in Nepal?
- Over the last ten years it is up 156.9%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.