Nepal - Taxes on international trade (% of revenue)

Taxes on international trade (% of revenue) in Nepal was 16.03 as of 2019. Its highest value over the past 29 years was 25.95 in 1995, while its lowest value was 14.46 in 2011.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

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

See also:

Year Value
1990 25.63
1991 24.21
1992 22.94
1993 21.80
1994 24.76
1995 25.95
1996 23.32
1997 23.55
1998 23.12
1999 24.37
2000 23.50
2001 23.73
2002 23.04
2003 21.90
2004 21.89
2005 19.04
2006 18.24
2007 16.35
2008 17.46
2009 16.15
2010 16.29
2011 14.46
2012 15.22
2013 17.20
2014 16.80
2015 16.63
2016 15.68
2017 16.21
2018 15.79
2019 16.03

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance