Nepal - Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Nepal was 226,280,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 230,480,000,000 in 2019 and a minimum value of -1,115,337,000 in 1970.

Definition: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 1,075,145,000
1966 1,406,731,000
1967 1,185,673,000
1968 1,446,924,000
1969 3,024,472,000
1970 -1,115,337,000
1971 2,481,876,000
1972 4,049,377,000
1973 3,225,434,000
1974 6,511,156,000
1975 9,405,004,000
1976 12,570,150,000
1977 17,604,240,000
1978 20,950,280,000
1979 20,859,820,000
1980 19,654,040,000
1981 23,180,950,000
1982 22,186,180,000
1983 21,432,560,000
1984 22,547,910,000
1985 25,833,620,000
1986 26,400,260,000
1987 27,218,910,000
1988 32,705,880,000
1989 29,809,640,000
1990 32,075,090,000
1991 33,779,760,000
1992 32,457,470,000
1993 38,102,320,000
1994 44,412,520,000
1995 51,546,660,000
1996 52,631,850,000
1997 56,691,270,000
1998 56,158,720,000
1999 58,700,890,000
2000 63,282,810,000
2001 66,320,390,000
2002 66,006,380,000
2003 70,331,720,000
2004 76,378,230,000
2005 81,629,090,000
2006 80,394,290,000
2007 90,633,930,000
2008 99,768,620,000
2009 112,041,000,000
2010 124,590,000,000
2011 123,150,000,000
2012 124,869,000,000
2013 136,070,000,000
2014 148,430,000,000
2015 161,952,000,000
2016 169,975,000,000
2017 191,831,000,000
2018 211,053,000,000
2019 230,480,000,000
2020 226,280,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts