Taxes less subsidies on products in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Taxes less subsidies on products was 5.58 billion constant LCU in 2014. ◆ Volatile
Latest (2014)
5.58 billion constant LCU
Change on year
down 8.9%
World rank
127th
of 189 countries
All-time high
6.21 billion constant LCU
in 2012
All-time low
328.39 million constant LCU
in 1990
Years of data
55
1960–2014
Taxes less subsidies on products in Venezuela, Bolivarian Republic of, 1960–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Venezuela, Bolivarian Republic of is 5.58 billion constant LCU, measured in 2014.
Compared with earlier readings it is down 8.9% on the previous year and up 63.9% over ten years.
Over the whole period, taxes less subsidies on products in Venezuela, Bolivarian Republic of peaked at 6.21 billion constant LCU in 2012 and was at its lowest, 328.39 million constant LCU, in 1990.
Venezuela, Bolivarian Republic of ranks 127th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Venezuela, Bolivarian Republic of, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 764.26 million constant LCU | — |
| 1961 | 915.75 million constant LCU | +19.8% |
| 1962 | 1.02 billion constant LCU | +11.1% |
| 1963 | 1.15 billion constant LCU | +12.8% |
| 1964 | 705.81 million constant LCU | -38.5% |
| 1965 | 694.05 million constant LCU | -1.7% |
| 1966 | 750.84 million constant LCU | +8.2% |
| 1967 | 757.15 million constant LCU | +0.8% |
| 1968 | 870.72 million constant LCU | +15.0% |
| 1969 | 895.96 million constant LCU | +2.9% |
| 1970 | 1.01 billion constant LCU | +12.7% |
| 1971 | 889.65 million constant LCU | -11.9% |
| 1972 | 801.32 million constant LCU | -9.9% |
| 1973 | 738.22 million constant LCU | -7.9% |
| 1974 | 618.34 million constant LCU | -16.2% |
| 1975 | 807.63 million constant LCU | +30.6% |
| 1976 | 776.08 million constant LCU | -3.9% |
| 1977 | 782.39 million constant LCU | +0.8% |
| 1978 | 637.27 million constant LCU | -18.5% |
| 1979 | 782.39 million constant LCU | +22.8% |
| 1980 | 744.53 million constant LCU | -4.8% |
| 1981 | 687.61 million constant LCU | -7.6% |
| 1982 | 812.45 million constant LCU | +18.2% |
| 1983 | 1.49 billion constant LCU | +82.8% |
| 1984 | 1.20 billion constant LCU | -19.5% |
| 1985 | 914.93 million constant LCU | -23.5% |
| 1986 | 992.49 million constant LCU | +8.5% |
| 1987 | 744.88 million constant LCU | -24.9% |
| 1988 | 694.93 million constant LCU | -6.7% |
| 1989 | 332.49 million constant LCU | -52.2% |
| 1990 | 328.39 million constant LCU | -1.2% |
| 1991 | 588.73 million constant LCU | +79.3% |
| 1992 | 755.49 million constant LCU | +28.3% |
| 1993 | 670.67 million constant LCU | -11.2% |
| 1994 | 524.59 million constant LCU | -21.8% |
| 1995 | 655.74 million constant LCU | +25.0% |
| 1996 | 570.43 million constant LCU | -13.0% |
| 1997 | 3.24 billion constant LCU | +468.3% |
| 1998 | 3.36 billion constant LCU | +3.7% |
| 1999 | 3.26 billion constant LCU | -3.0% |
| 2000 | 3.35 billion constant LCU | +2.7% |
| 2001 | 3.60 billion constant LCU | +7.5% |
| 2002 | 2.87 billion constant LCU | -20.4% |
| 2003 | 2.22 billion constant LCU | -22.5% |
| 2004 | 3.40 billion constant LCU | +53.2% |
| 2005 | 4.01 billion constant LCU | +17.8% |
| 2006 | 4.86 billion constant LCU | +21.2% |
| 2007 | 5.71 billion constant LCU | +17.6% |
| 2008 | 6.01 billion constant LCU | +5.3% |
| 2009 | 5.50 billion constant LCU | -8.5% |
| 2010 | 5.38 billion constant LCU | -2.3% |
| 2011 | 5.70 billion constant LCU | +5.9% |
| 2012 | 6.21 billion constant LCU | +9.1% |
| 2013 | 6.12 billion constant LCU | -1.4% |
| 2014 | 5.58 billion constant LCU | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 852.06 million constant LCU | 694.05 million constant LCU | 1.15 billion constant LCU | 10 |
| 1970s | 784.28 million constant LCU | 618.34 million constant LCU | 1.01 billion constant LCU | 10 |
| 1980s | 860.53 million constant LCU | 332.49 million constant LCU | 1.49 billion constant LCU | 10 |
| 1990s | 1.40 billion constant LCU | 328.39 million constant LCU | 3.36 billion constant LCU | 10 |
| 2000s | 4.15 billion constant LCU | 2.22 billion constant LCU | 6.01 billion constant LCU | 10 |
| 2010s | 5.80 billion constant LCU | 5.38 billion constant LCU | 6.21 billion constant LCU | 5 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate -16.88 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0562 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 196.28 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -45.2 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 120.25 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -100 % change on previous year (1991)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per person (2011)
Frequently asked questions
- What is taxes less subsidies on products in Venezuela, Bolivarian Republic of?
- Taxes less subsidies on products in Venezuela, Bolivarian Republic of was 5.58 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 6.21 billion constant LCU in 2012.
- What is the lowest taxes less subsidies on products recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 328.39 million constant LCU in 1990.
- How does Venezuela, Bolivarian Republic of rank for taxes less subsidies on products?
- Venezuela, Bolivarian Republic of ranks 127th out of 189 countries with data for 2014.
- Is taxes less subsidies on products rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 63.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.