Nepal: Taxes less subsidies on products (constant LCU)

Key figures

What the numbers say

In 2025, Nepal's taxes less subsidies on products (constant LCU) rose 27.43 billion on 2024 (from 280.8 billion to 308.23 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +7.88 billion and a typical year strayed about 7.58 billion from that (the standard deviation). This year's change was 2.6 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 27.43 billion in 2025 and the biggest yearly fall was 4.33 billion in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 13.67 billion a year. A straight line explains 97% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 342.68 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 8.53 billion, against 19.74 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Nepal had the 50th highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Nepal in the 2025 ranking

• Chad — 47th of 152: 399.13 billion
• Iceland — 48th of 152: 352.05 billion
• Germany — 49th of 152: 348.27 billion
• Jamaica — 51st of 152: 307.68 billion
• Albania — 52nd of 152: 295.07 billion
• Denmark — 53rd of 152: 289.53 billion

What this measures

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.

All 61 values

Taxes less subsidies on products (constant LCU) in nearby economies

• Bangladesh — 1 trillion (2025)
• Bhutan — 5.45 billion (2024)
• India — 28.18 trillion (2025)
• Maldives — 12.05 billion (2025)
• Sri Lanka — 925.14 billion (2025)

More economic policy & debt data for Nepal

• Total reserves, including gold (current US$) — US$21.1 billion (2025)
• Total reserves, excluding gold (current US$) — US$19.98 billion (2025)
• Services, value added (current US$) — US$24.73 billion (2025)
• Services, value added (current LCU) — 3.37 trillion (2025)
• Services, value added (% of GDP) — 54.37% (2025)
• Gross Value Added (GVA) at basic prices (current US$) — US$40.02 billion (2025)
• Gross Value Added (GVA) at basic prices (current LCU) — 5.45 trillion (2025)
• GDP (current US$) — US$45.49 billion (2025)
• GDP (current LCU) — 6.2 trillion (2025)
• GDP (constant 2015 US$) — US$36.54 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Nepal's taxes less subsidies on products (constant LCU)?

308.23 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1965?

It is up 28,569% from 1.08 billion in 1965 (9.89% a year on average, compounded). The highest value was 308.23 billion in 2025 and the lowest -1.12 billion in 1970.

Source

World Bank, World Development Indicators, indicator NY.TAX.NIND.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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