Iceland vs Nepal: Taxes less subsidies on products
Taxes less subsidies on products over time
- Iceland
- Nepal
How they compare
Iceland currently reports 352.05 billion constant LCU against 308.23 billion constant LCU in Nepal, a difference of 43.82 billion constant LCU.
That makes Iceland's figure about 1.1 times Nepal's.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 51st and Nepal ranks 53rd of 189 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 161.57 billion constant LCU | 55.15 billion constant LCU | 106.42 billion constant LCU | Iceland |
| 2000s | 223.37 billion constant LCU | 80.68 billion constant LCU | 142.69 billion constant LCU | Iceland |
| 2010s | 271.98 billion constant LCU | 162.24 billion constant LCU | 109.74 billion constant LCU | Iceland |
| 2020s | 331.30 billion constant LCU | 264.88 billion constant LCU | 66.41 billion constant LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Iceland or Nepal?
- Iceland, at 352.05 billion constant LCU against 308.23 billion constant LCU in Nepal as of 2025.
- What is the difference in taxes less subsidies on products between Iceland and Nepal?
- 43.82 billion constant LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Nepal?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Nepal rank globally for taxes less subsidies on products?
- Iceland ranks 51st and Nepal ranks 53rd of 189 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.