Nepal—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #40 of 139
Latest Value
38.0%
2023
YoY Change
-3.3%
2021 → 2023
Global Rank
#40
of 139 countries
Maximum
47.5%
2019
Minimum
31.1%
2003
CAGR
+0.7%
23 years
Last
38.0%
Previous
39.3%
Highest
47.5%
Lowest
31.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 38.0% | -3.3% |
| 2021 | 39.3% | +14.0% |
| 2020 | 34.5% | -27.4% |
| 2019 | 47.5% | +3.8% |
| 2018 | 45.7% | +7.4% |
| 2017 | 42.6% | +2.1% |
| 2016 | 41.7% | -0.8% |
| 2015 | 42.1% | +3.6% |
| 2014 | 40.6% | -0.1% |
| 2013 | 40.7% | +1.6% |
| 2012 | 40.0% | +1.0% |
| 2011 | 39.6% | -4.4% |
| 2010 | 41.5% | +9.3% |
| 2009 | 37.9% | +1.7% |
| 2008 | 37.3% | -1.4% |
| 2007 | 37.9% | +2.2% |
| 2006 | 37.0% | +9.3% |
| 2005 | 33.9% | +4.2% |
| 2004 | 32.5% | +4.5% |
| 2003 | 31.1% | -3.8% |
| 2002 | 32.3% | -0.5% |
| 2001 | 32.5% | +1.1% |
| 2000 | 32.2% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →