Tariff rate, most favored nation, simple mean … manufactured simple in Nepal
Nepal: Tariff rate, most favored nation, simple mean … manufactured simple was 12.6% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, manufactured products in Nepal, 1993–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, manufactured products in Nepal stood at 12.6%.
Compared with earlier readings it is up 2.4% on the previous year and up 4.1% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Nepal peaked at 18.7% in 1993 and was at its lowest, 12.0%, in 2016.
That places Nepal 25th out of 186 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Tariff rate, most favored nation, simple mean … manufactured simple in Nepal, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 18.7% | — |
| 1998 | 18.1% | -3.0% |
| 1999 | 13.3% | -26.4% |
| 2000 | 13.6% | +2.3% |
| 2002 | 13.9% | +1.9% |
| 2003 | 14.0% | +0.8% |
| 2004 | 14.1% | +0.4% |
| 2005 | 14.1% | +0.1% |
| 2006 | 12.5% | -11.3% |
| 2007 | 12.6% | +0.6% |
| 2008 | 14.1% | +12.1% |
| 2009 | 12.3% | -12.7% |
| 2010 | 12.2% | -0.7% |
| 2011 | 12.2% | -0.4% |
| 2012 | 12.1% | -1.0% |
| 2013 | 12.2% | +1.2% |
| 2014 | 12.2% | +0.3% |
| 2015 | 12.2% | +0.0% |
| 2016 | 12.0% | -2.1% |
| 2018 | 12.1% | +1.3% |
| 2019 | 13.6% | +11.8% |
| 2020 | 12.2% | -10.0% |
| 2021 | 12.2% | +0.5% |
| 2022 | 12.6% | +2.4% |
Nepal compared with similar countries
- Nepal's 12.6% is above the median for lower middle income countries, which is 11.0%, 1.1× the median. (46 countries reporting)
- Nepal's 12.6% is above the median for South Asia, which is 12.1%, 1.0× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, simple mean … manufactured simple 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.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | -26.4% | 18.1% | 13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.7% | 13.3% | 18.7% | 3 |
| 2000s | 13.5% | 12.3% | 14.1% | 9 |
| 2010s | 12.3% | 12.0% | 13.6% | 9 |
| 2020s | 12.3% | 12.2% | 12.6% | 3 |
Countries ranked near Nepal
More private sector data for Nepal
- Merchandise trade 36.7% (2025)
- Food imports 18.0% (2022)
- Manufactures imports 52.5% (2022)
- Merchandise imports 14.40 billion current US$ (2025)
- Commercial service imports 2.50 billion current US$ (2025)
- Food exports 49.4% (2022)
- Manufactures exports 47.5% (2022)
- Merchandise exports 2.31 billion current US$ (2025)
- Commercial service exports 1.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 78.03 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Nepal?
- Tariff rate, most favored nation, simple mean, manufactured products in Nepal was 12.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Nepal?
- The highest recorded value was 18.7% in 1993.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Nepal?
- The lowest recorded value was 12.0% in 2016.
- How does Nepal rank for tariff rate, most favored nation, simple mean, manufactured products?
- Nepal ranks 25th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Nepal?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is falling.
- Where does this Nepal data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.