Tax revenue as share of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Tax revenue as share of GDP was 20.2% in 2015. ▬ Flat
Tax revenue as share of GDP in Venezuela, Bolivarian Republic of, 1990–2015
Source: OECD (2018) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for tax revenue as share of gdp in Venezuela, Bolivarian Republic of is 20.2%, measured in 2015. That is the highest value across all 26 years on record.
The figure is up 12.6% on the previous year and up 27.1% over ten years.
Over the whole period, tax revenue as share of gdp in Venezuela, Bolivarian Republic of peaked at 20.2% in 2015 and was at its lowest, 11.2%, in 2002.
Venezuela, Bolivarian Republic of ranks 51st of 77 countries on this measure, in the middle of the range.
Tax revenue as share of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 18.1% | — |
| 1991 | 18.3% | +1.6% |
| 1992 | 14.0% | -23.9% |
| 1993 | 13.6% | -2.5% |
| 1994 | 14.4% | +5.6% |
| 1995 | 12.8% | -10.7% |
| 1996 | 13.7% | +6.8% |
| 1997 | 17.6% | +28.7% |
| 1998 | 12.9% | -26.6% |
| 1999 | 13.8% | +6.6% |
| 2000 | 13.6% | -1.3% |
| 2001 | 12.2% | -10.8% |
| 2002 | 11.2% | -7.7% |
| 2003 | 11.9% | +5.9% |
| 2004 | 13.3% | +12.0% |
| 2005 | 15.9% | +19.4% |
| 2006 | 16.3% | +2.9% |
| 2007 | 17.0% | +3.8% |
| 2008 | 14.2% | -16.2% |
| 2009 | 14.2% | -0.0% |
| 2010 | 11.8% | -16.9% |
| 2011 | 13.4% | +13.9% |
| 2012 | 14.1% | +5.0% |
| 2013 | 14.4% | +2.2% |
| 2014 | 17.9% | +24.2% |
| 2015 | 20.2% | +12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.9% | 12.8% | 18.3% | 10 |
| 2000s | 14.0% | 11.2% | 17.0% | 10 |
| 2010s | 15.3% | 11.8% | 20.2% | 6 |
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)
- Manufacturing, value added (constant LCU), per capita 229.58 constant LCU per person (2014)
- Industry (including construction), value added (current US$), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current US$), per 0 current US$ per US$ of GDP (2011)
- Industry (including construction), value added (current US$), per 0 current US$ per person (2011)
- Industry (including construction), value added (current LCU), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Industry (including construction), value added (current LCU), per 0 current LCU per person (2011)
- Industry (including construction), value added (constant LCU), annual -5.84 % change on previous year (2014)
Frequently asked questions
- What is tax revenue as share of gdp in Venezuela, Bolivarian Republic of?
- Tax revenue as share of gdp in Venezuela, Bolivarian Republic of was 20.2% in 2015, according to OECD (2018) – processed by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 20.2% in 2015.
- What is the lowest tax revenue as share of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 11.2% in 2002.
- How does Venezuela, Bolivarian Republic of rank for tax revenue as share of gdp?
- Venezuela, Bolivarian Republic of ranks 51st out of 77 countries with data for 2015.
- Is tax revenue as share of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 27.1%. The long-run trend across the full record is flat.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from OECD (2018) – processed by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
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About this data
The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.