Nepal - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Nepal was 424,352,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 424,352,000,000 in 2019 and a minimum value of 3,487,200,000 in 1990.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 3,487,200,000
1991 4,278,000,000
1992 5,580,000,000
1993 6,486,000,000
1994 8,147,000,000
1995 9,856,000,000
1996 10,947,000,000
1997 11,938,000,000
1998 12,477,000,000
1999 12,994,000,000
2000 14,795,000,000
2001 17,191,000,000
2002 17,765,000,000
2003 20,218,600,000
2004 23,103,700,000
2005 27,937,000,000
2006 31,149,800,000
2007 38,687,300,000
2008 45,015,200,000
2009 62,995,100,000
2010 89,681,360,000
2011 100,234,000,000
2012 114,120,000,000
2013 134,607,000,000
2014 164,365,000,000
2015 189,422,000,000
2016 218,710,000,000
2017 278,569,000,000
2018 367,371,000,000
2019 424,352,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Nepal was 47.46 as of 2019. Its highest value over the past 29 years was 47.46 in 2019, while its lowest value was 31.10 in 2003.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 33.02
1991 34.02
1992 38.11
1993 35.84
1994 38.39
1995 36.45
1996 34.83
1997 33.84
1998 33.93
1999 33.28
2000 32.15
2001 32.50
2002 32.33
2003 31.10
2004 32.51
2005 33.88
2006 37.04
2007 37.86
2008 37.31
2009 37.94
2010 41.47
2011 39.63
2012 40.03
2013 40.68
2014 40.62
2015 42.09
2016 41.74
2017 43.81
2018 45.73
2019 47.46

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Nepal was 16.91 as of 2019. Its highest value over the past 29 years was 16.91 in 2019, while its lowest value was 6.37 in 2001.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1990 7.38
1991 6.91
1992 6.97
1993 6.76
1994 7.65
1995 8.26
1996 8.02
1997 7.76
1998 7.37
1999 6.90
2000 7.03
2001 6.37
2002 6.39
2003 6.72
2004 6.96
2005 7.61
2006 7.44
2007 8.22
2008 8.46
2009 10.01
2010 12.41
2011 10.45
2012 10.47
2013 11.04
2014 11.66
2015 12.27
2016 13.05
2017 13.99
2018 16.41
2019 16.91

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance