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. ▼ Falling
Latest (2015)
20.2%
Change on year
up 12.1%
World rank
91st
of 192 countries
All-time high
24.7%
in 1981
All-time low
10.6%
in 2002
Years of data
36
1980–2015
Tax revenue as share of GDP in Venezuela, Bolivarian Republic of, 1980–2015
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 20.2% for tax revenue as share of gdp in 2015.
Compared with earlier readings it is up 12.1% on the previous year and up 32.3% over ten years.
Over the whole period, tax revenue as share of gdp in Venezuela, Bolivarian Republic of peaked at 24.7% in 1981 and was at its lowest, 10.6%, in 2002.
Venezuela, Bolivarian Republic of ranks 91st of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Tax revenue as share of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 17.8% | — |
| 1981 | 24.7% | +38.8% |
| 1982 | 18.9% | -23.6% |
| 1983 | 18.2% | -3.4% |
| 1984 | 21.3% | +16.8% |
| 1985 | 23.1% | +8.7% |
| 1986 | 17.1% | -25.9% |
| 1987 | 14.6% | -14.8% |
| 1988 | 14.8% | +1.5% |
| 1989 | 14.6% | -1.3% |
| 1990 | 17.2% | +17.4% |
| 1991 | 17.6% | +2.2% |
| 1992 | 13.1% | -25.6% |
| 1993 | 12.8% | -1.6% |
| 1994 | 13.4% | +4.0% |
| 1995 | 12.1% | -9.1% |
| 1996 | 13.4% | +10.2% |
| 1997 | 17.3% | +28.9% |
| 1998 | 12.2% | -29.3% |
| 1999 | 13.0% | +6.5% |
| 2000 | 12.9% | -0.9% |
| 2001 | 11.4% | -11.5% |
| 2002 | 10.6% | -6.9% |
| 2003 | 11.3% | +6.3% |
| 2004 | 12.7% | +12.3% |
| 2005 | 15.3% | +20.4% |
| 2006 | 15.6% | +2.5% |
| 2007 | 16.0% | +2.0% |
| 2008 | 13.4% | -16.1% |
| 2009 | 13.3% | -0.4% |
| 2010 | 10.9% | -18.3% |
| 2011 | 12.6% | +15.5% |
| 2012 | 13.3% | +5.8% |
| 2013 | 13.5% | +1.7% |
| 2014 | 18.0% | +33.0% |
| 2015 | 20.2% | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.5% | 14.6% | 24.7% | 10 |
| 1990s | 14.2% | 12.1% | 17.6% | 10 |
| 2000s | 13.2% | 10.6% | 16.0% | 10 |
| 2010s | 14.8% | 10.9% | 20.2% | 6 |
Countries ranked near Venezuela, Bolivarian Republic of
- 88 Gabon 20.5% compare
- 89 Kazakhstan 20.5% compare
- 90 Naoero 20.3%
- 92 United Arab Emirates 20.0%
- 93 Trinidad and Tobago 19.9% compare
- 94 Tajikistan 19.7% compare
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 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 UNU-WIDER Government Revenue Dataset (2025) – with major processing 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 24.7% in 1981.
- What is the lowest tax revenue as share of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 10.6% in 2002.
- How does Venezuela, Bolivarian Republic of rank for tax revenue as share of gdp?
- Venezuela, Bolivarian Republic of ranks 91st out of 192 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 32.3%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Direct and indirect taxes as well as social contributions included.