Taxes less subsidies on products in Venezuela
Venezuela: Taxes less subsidies on products was 0 current US$ in 2011. ◆ Volatile
Taxes less subsidies on products in Venezuela, 1968–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Venezuela recorded 0 current US$ for taxes less subsidies on products in 2011. That is the lowest value across all 44 years on record.
Over the whole period, taxes less subsidies on products in Venezuela peaked at 4.57 billion current US$ in 1983 and was at its lowest, 0 current US$, in 1991.
That places Venezuela 191st out of 198 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 516.10 million current US$ | 505.36 million current US$ | 526.84 million current US$ | 2 |
| 1970s | 897.84 million current US$ | 593.82 million current US$ | 1.46 billion current US$ | 10 |
| 1980s | 2.14 billion current US$ | 703.56 million current US$ | 4.57 billion current US$ | 10 |
| 1990s | 68.75 million current US$ | 0 current US$ | 687.47 million current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 0 current US$ | 0 current US$ | 0 current US$ | 2 |
Countries ranked near Venezuela
- 188 Isle of Man 22.25 million current US$ compare
- 189 Marshall Islands 12.05 million current US$ compare
- 190 Tuvalu 5.62 million current US$ compare
- 193 Kiribati -6.90 million current US$ compare
- 194 East Timor -34.79 million current US$ compare
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
- GNI 98.06 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Venezuela?
- Taxes less subsidies on products in Venezuela was 0 current US$ in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Venezuela?
- The highest recorded value was 4.57 billion current US$ in 1983.
- What is the lowest taxes less subsidies on products recorded in Venezuela?
- The lowest recorded value was 0 current US$ in 1991.
- How does Venezuela rank for taxes less subsidies on products?
- Venezuela ranks 191st out of 198 countries with data for 2011.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.