Tariff rates in Nepal

Nepal: Tariff rates was 11.2 in 2022. ◆ Volatile

Latest (2022)
11.2
Change on year
down 6.6%
World rank
29th
of 184 countries
All-time high
421.5
in 2008
All-time low
10.55
in 2014
Years of data
24
1993–2022

Tariff rates in Nepal, 1993–2022

01002003004001993200720221993: 161998: 20.11999: 142000: 16.82002: 15.42003: 15.92004: 15.52005: 15.42006: 13.12007: 13.32008: 421.52009: 12.72010: 13.12011: 12.42012: 12.42013: 152014: 10.62015: 12.32016: 12.32018: 12.42019: 14.22020: 11.62021: 122022: 11.2

Source: Our World in Data.

Analysis

The most recent figure for tariff rates in Nepal is 11.2, measured in 2022.

That represents a change of down 6.6% on the previous year and down 10.0% over ten years.

Over the whole period, tariff rates in Nepal peaked at 421.5 in 2008 and was at its lowest, 10.55, in 2014.

That places Nepal 29th out of 184 countries with data for 2022, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Tariff rates in Nepal, year by year

Annual values for Tariff rates in Nepal, 1993 to 2022.
Year Value Change
1993 15.96 —
1998 20.09 +25.9%
1999 14.01 -30.3%
2000 16.84 +20.2%
2002 15.45 -8.3%
2003 15.86 +2.7%
2004 15.49 -2.3%
2005 15.4 -0.6%
2006 13.13 -14.7%
2007 13.29 +1.2%
2008 421.5 +3071.6%
2009 12.65 -97.0%
2010 13.05 +3.2%
2011 12.45 -4.6%
2012 12.45 +0.0%
2013 15.04 +20.8%
2014 10.55 -29.9%
2015 12.31 +16.7%
2016 12.35 +0.3%
2018 12.36 +0.1%
2019 14.22 +15.0%
2020 11.6 -18.4%
2021 11.99 +3.4%
2022 11.2 -6.6%

Nepal compared with similar countries

  • Nepal's 11.2 is above the median for lower middle income countries, which is 7.43, 1.5× the median. (46 countries reporting)
  • Nepal's 11.2 is above the median for South Asia, which is 7.68, 1.5× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Tariff rates in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 +3071.6% 13.29 421.5
2009 -97.0% 421.5 12.65

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.69 14.01 20.09 3
2000s 59.96 12.65 421.5 9
2010s 12.75 10.55 15.04 9
2020s 11.6 11.2 11.99 3

Countries ranked near Nepal

  1. 27 Vanuatu 11.48 compare
  2. 28 Zimbabwe 11.37 compare
  3. 30 Maldives 11.12 compare
  4. 31 Rwanda 11.11 compare
  5. 32 Bangladesh 10.56 compare

See the full ranking of 184 places →

More reference data data for Nepal

All data for Nepal →

Frequently asked questions

What is tariff rates in Nepal?
Tariff rates in Nepal was 11.2 in 2022, according to Our World in Data.
What is the highest tariff rates recorded in Nepal?
The highest recorded value was 421.5 in 2008.
What is the lowest tariff rates recorded in Nepal?
The lowest recorded value was 10.55 in 2014.
How does Nepal rank for tariff rates?
Nepal ranks 29th out of 184 countries with data for 2022.
Is tariff rates rising or falling in Nepal?
Over the last ten years it is down 10.0%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Our World in Data, published as part of Tariff rates. Statizoid updates them automatically from the source API.

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Tariff rates in Nepal. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/tariff-rates/nepal/

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About this data

Indicator
Tariff rates
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,763 data points, 1988–2022
Last refreshed