Taxes on incomes of individuals and corporations as share of GDP in Nepal
Nepal: Taxes on incomes of individuals and corporations as share of GDP was 5.3% in 2023. ◆ Volatile
Latest (2023)
5.3%
Change on year
down 1.4%
World rank
115th
of 184 countries
All-time high
5.8%
in 2021
All-time low
0.4%
in 1980
Years of data
43
1980–2023
Taxes on incomes of individuals and corporations as share of GDP in Nepal, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Nepal recorded 5.3% for taxes on incomes of individuals and corporations as share of gdp in 2023.
The figure is down 1.4% on the previous year and up 60.7% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Nepal peaked at 5.8% in 2021 and was at its lowest, 0.4%, in 1980.
Nepal ranks 115th of 184 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.
Taxes on incomes of individuals and corporations as share of GDP in Nepal, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 0.4% | — |
| 1981 | 0.5% | +21.8% |
| 1982 | 0.5% | +21.0% |
| 1983 | 0.6% | +8.5% |
| 1984 | 0.6% | +2.4% |
| 1985 | 0.5% | -11.8% |
| 1986 | 0.6% | +8.0% |
| 1987 | 0.6% | -1.7% |
| 1988 | 0.6% | +10.7% |
| 1989 | 0.8% | +27.1% |
| 1990 | 0.7% | -7.5% |
| 1991 | 0.5% | -32.0% |
| 1992 | 0.5% | -7.6% |
| 1993 | 0.5% | +16.6% |
| 1994 | 0.8% | +45.0% |
| 1995 | 1.0% | +29.5% |
| 1996 | 1.1% | +6.5% |
| 1997 | 1.2% | +5.5% |
| 1998 | 1.2% | +7.9% |
| 1999 | 1.4% | +11.0% |
| 2000 | 1.5% | +8.8% |
| 2001 | 1.7% | +12.8% |
| 2002 | 1.5% | -9.0% |
| 2003 | 1.2% | -20.4% |
| 2004 | 1.3% | +8.3% |
| 2005 | 1.3% | -1.5% |
| 2006 | 1.2% | -6.1% |
| 2007 | 1.7% | +34.6% |
| 2008 | 1.8% | +8.1% |
| 2009 | 2.1% | +19.4% |
| 2010 | 2.5% | +16.5% |
| 2011 | 2.8% | +11.3% |
| 2012 | 2.9% | +5.5% |
| 2013 | 3.3% | +12.9% |
| 2014 | 3.4% | +2.9% |
| 2015 | 3.6% | +5.0% |
| 2016 | 4.4% | +23.1% |
| 2017 | 4.7% | +7.6% |
| 2019 | 5.5% | +17.2% |
| 2020 | 5.7% | +3.4% |
| 2021 | 5.8% | +1.4% |
| 2022 | 5.4% | -7.3% |
| 2023 | 5.3% | -1.4% |
Nepal compared with similar countries
- Nepal's 5.3% is below the median for lower middle income countries, which is 5.4%, 98% of the median. (45 countries reporting)
- Nepal's 5.3% is above the median for South Asia, which is 5.2%, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6% | 0.4% | 0.8% | 10 |
| 1990s | 0.9% | 0.5% | 1.4% | 10 |
| 2000s | 1.5% | 1.2% | 2.1% | 10 |
| 2010s | 3.7% | 2.5% | 5.5% | 9 |
| 2020s | 5.5% | 5.3% | 5.8% | 4 |
Countries ranked near Nepal
More economy & growth data for Nepal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 56.90 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -23.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.92 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 33.15 % change on previous year (2025)
Frequently asked questions
- What is taxes on incomes of individuals and corporations as share of gdp in Nepal?
- Taxes on incomes of individuals and corporations as share of gdp in Nepal was 5.3% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Nepal?
- The highest recorded value was 5.8% in 2021.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Nepal?
- The lowest recorded value was 0.4% in 1980.
- How does Nepal rank for taxes on incomes of individuals and corporations as share of gdp?
- Nepal ranks 115th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Nepal?
- Over the last ten years it is up 60.7%. The long-run trend across the full record is volatile.
- Where does this Nepal data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.