Nepal: Fiscal freedom

The latest value from 2024 is 69 points, an increase from 59 points in 2023. In comparison, the world average is 52 points, based on data from 174 countries. Historically, the average for Nepal from 1996 to 2024 is 83 points. The minimum value, 52 points, was reached in 2022 while the maximum of 89 points was recorded in 2003. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

The Fiscal Freedom index for Nepal from The Heritage Foundation reflects the tax burden imposed by the government, including the direct taxes on individuals and corporations and the overall amount of tax revenue as a a share of GDP.

Definition: The Fiscal freedom index measures the tax burden imposed by government. It is composed of three quantitative factors: the top marginal tax rate on individual income, the top marginal tax rate on corporate income, and the total tax burden as a percentage of GDP.