Oman vs Venezuela: Taxes less subsidies on products (current US$), per unit of GDP (unit)

Oman
-0.0054 current US$ per US$ of GDP
in 2025
Venezuela
0 current US$ per US$ of GDP
in 2011
Oman rank
192nd
Venezuela rank
191st

Taxes less subsidies on products (current US$), per unit of GDP (unit) over time

  • Oman
  • Venezuela
-0.05-0.02500.0250.050.075196019922025

How they compare

Venezuela currently reports 0 current US$ per US$ of GDP against -0.0054 current US$ per US$ of GDP in Oman, a difference of 0.0054 current US$ per US$ of GDP.

The two have swapped places 4 times across 35 shared years of data; in 1968 it was Venezuela ahead.

Oman ranks 192nd and Venezuela ranks 191st of 197 countries.

Across the 6 decades both report, Oman averaged higher in 2 and Venezuela in 4.

Head to head by decade

Decade Oman Venezuela Difference Ahead
1960s 0.0124 current US$ per US$ of GDP 0.0508 current US$ per US$ of GDP 0.0384 current US$ per US$ of GDP Venezuela
1970s 0.0066 current US$ per US$ of GDP 0.037 current US$ per US$ of GDP 0.0304 current US$ per US$ of GDP Venezuela
1980s 0.0058 current US$ per US$ of GDP 0.0305 current US$ per US$ of GDP 0.0246 current US$ per US$ of GDP Venezuela
1990s 0.0188 current US$ per US$ of GDP 0.0014 current US$ per US$ of GDP 0.0174 current US$ per US$ of GDP Oman
2000s 0.0042 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0.0042 current US$ per US$ of GDP Oman
2010s -0.0355 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0.0355 current US$ per US$ of GDP Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per unit of gdp, Oman or Venezuela?
Venezuela, at 0 current US$ per US$ of GDP against -0.0054 current US$ per US$ of GDP in Oman as of 2011.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Oman and Venezuela?
0.0054 current US$ per US$ of GDP, with Venezuela ahead.
How many years of comparable data are there for Oman and Venezuela?
35 years are reported by both, from 1968 to 2011.
How do Oman and Venezuela rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Oman ranks 192nd and Venezuela ranks 191st of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Oman vs Venezuela: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/oman/venezuela-rb/

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About this data

Indicator
Taxes less subsidies on products (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.