Taxes less subsidies on products (current LCU), annual growth rate in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Taxes less subsidies on products (current LCU), annual growth rate was -100 % change on previous year in 1991. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Venezuela, Bolivarian Republic of, 1969–1991
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela, Bolivarian Republic of recorded -100 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 1991. That is the lowest value across all 23 years on record.
The figure is down 212.5% on the previous year and down 2,099.9% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Venezuela, Bolivarian Republic of peaked at 456.44 % change on previous year in 1987 and was at its lowest, -100 % change on previous year, in 1991.
That places Venezuela, Bolivarian Republic of 197th out of 197 countries with data for 1991, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Venezuela, Bolivarian Republic of, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 4.25 % change on previous year | — |
| 1970 | 16.33 % change on previous year | +284.0% |
| 1971 | 1.75 % change on previous year | -89.3% |
| 1972 | -6.9 % change on previous year | -492.9% |
| 1973 | 0 % change on previous year | -100.0% |
| 1974 | 25.92 % change on previous year | — |
| 1975 | 35.3 % change on previous year | +36.2% |
| 1976 | 2.17 % change on previous year | -93.8% |
| 1977 | 10.64 % change on previous year | +389.8% |
| 1978 | -11.54 % change on previous year | -208.4% |
| 1979 | 41.3 % change on previous year | -458.0% |
| 1980 | 23.08 % change on previous year | -44.1% |
| 1981 | 5 % change on previous year | -78.3% |
| 1982 | 15.48 % change on previous year | +209.5% |
| 1983 | 109.28 % change on previous year | +606.1% |
| 1984 | -7.47 % change on previous year | -106.8% |
| 1985 | 17.16 % change on previous year | -329.6% |
| 1986 | -73.29 % change on previous year | -527.1% |
| 1987 | 456.44 % change on previous year | -722.8% |
| 1988 | -42.08 % change on previous year | -109.2% |
| 1989 | 158.64 % change on previous year | -477.0% |
| 1990 | -32 % change on previous year | -120.2% |
| 1991 | -100 % change on previous year | +212.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.25 % change on previous year | 4.25 % change on previous year | 4.25 % change on previous year | 1 |
| 1970s | 11.5 % change on previous year | -11.54 % change on previous year | 41.3 % change on previous year | 10 |
| 1980s | 66.22 % change on previous year | -73.29 % change on previous year | 456.44 % change on previous year | 10 |
| 1990s | -66 % change on previous year | -100 % change on previous year | -32 % change on previous year | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
- 194 Palestine, State of -21.19 % change on previous year
- 195 Sudan -29.17 % change on previous year compare
- 196 Timor-Leste -81.85 % change on previous year
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)
- Households and NPISHs Final consumption expenditure (current LCU) -100 % change on previous year (1991)
- Households and NPISHs Final consumption expenditure (current LCU) 0 current LCU per US$ of GDP (2011)
- Households and NPISHs Final consumption expenditure (current LCU) 0 current LCU per person (2011)
- Final consumption expenditure (current US$), annual growth rate -16.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8928 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 3,120 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 237.43 % change on previous year (2025)
- Final consumption expenditure (current LCU), per unit of GDP 147.72 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Venezuela, Bolivarian Republic of?
- Taxes less subsidies on products (current lcu), annual growth rate in Venezuela, Bolivarian Republic of was -100 % change on previous year in 1991, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 456.44 % change on previous year in 1987.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -100 % change on previous year in 1991.
- How does Venezuela, Bolivarian Republic of rank for taxes less subsidies on products (current lcu), annual growth rate?
- Venezuela, Bolivarian Republic of ranks 197th out of 197 countries with data for 1991.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 2,099.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.