Revenue Statistics in Latin America and the Caribbean - Comparative in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Revenue Statistics in Latin America and the Caribbean - Comparative was 14.42 Percentage of GDP in 2013. ▼ Falling
Revenue Statistics in Latin America and the Caribbean - Comparative in Venezuela, Bolivarian Republic of, 1990–2013
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in latin america and the caribbean - comparative in Venezuela, Bolivarian Republic of is 14.42 Percentage of GDP, measured in 2013.
Compared with earlier readings it is up 2.2% on the previous year and up 20.5% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Venezuela, Bolivarian Republic of peaked at 21.2 Percentage of GDP in 1990 and was at its lowest, 11.16 Percentage of GDP, in 2002.
That places Venezuela, Bolivarian Republic of 26th out of 29 countries with data for 2013, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Revenue Statistics in Latin America and the Caribbean - Comparative in Venezuela, Bolivarian Republic of, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 21.2 Percentage of GDP | — |
| 1991 | 14.01 Percentage of GDP | -33.9% |
| 1992 | 14.18 Percentage of GDP | +1.2% |
| 1993 | 11.89 Percentage of GDP | -16.1% |
| 1994 | 14.64 Percentage of GDP | +23.2% |
| 1995 | 13.46 Percentage of GDP | -8.1% |
| 1996 | 13.97 Percentage of GDP | +3.8% |
| 1997 | 18.12 Percentage of GDP | +29.7% |
| 1998 | 12.72 Percentage of GDP | -29.8% |
| 1999 | 13.89 Percentage of GDP | +9.2% |
| 2000 | 13.48 Percentage of GDP | -3.0% |
| 2001 | 12.11 Percentage of GDP | -10.2% |
| 2002 | 11.16 Percentage of GDP | -7.8% |
| 2003 | 11.97 Percentage of GDP | +7.2% |
| 2004 | 13.25 Percentage of GDP | +10.8% |
| 2005 | 15.88 Percentage of GDP | +19.8% |
| 2006 | 16.3 Percentage of GDP | +2.7% |
| 2007 | 16.99 Percentage of GDP | +4.2% |
| 2008 | 14.2 Percentage of GDP | -16.4% |
| 2009 | 14.19 Percentage of GDP | -0.1% |
| 2010 | 11.83 Percentage of GDP | -16.7% |
| 2011 | 13.45 Percentage of GDP | +13.7% |
| 2012 | 14.11 Percentage of GDP | +4.9% |
| 2013 | 14.42 Percentage of GDP | +2.2% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 14.42 Percentage of GDP is below the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 68% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.81 Percentage of GDP | 11.89 Percentage of GDP | 21.2 Percentage of GDP | 10 |
| 2000s | 13.95 Percentage of GDP | 11.16 Percentage of GDP | 16.99 Percentage of GDP | 10 |
| 2010s | 13.45 Percentage of GDP | 11.83 Percentage of GDP | 14.42 Percentage of GDP | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is revenue statistics in latin america and the caribbean - comparative in Venezuela, Bolivarian Republic of?
- Revenue statistics in latin america and the caribbean - comparative in Venezuela, Bolivarian Republic of was 14.42 Percentage of GDP in 2013, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 21.2 Percentage of GDP in 1990.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 11.16 Percentage of GDP in 2002.
- How does Venezuela, Bolivarian Republic of rank for revenue statistics in latin america and the caribbean - comparative?
- Venezuela, Bolivarian Republic of ranks 26th out of 29 countries with data for 2013.
- Is revenue statistics in latin america and the caribbean - comparative rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.