Taxes less subsidies on products (current LCU), per unit of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Taxes less subsidies on products (current LCU), per unit of GDP was 0 current LCU per US$ of GDP in 2011. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Venezuela, Bolivarian Republic of, 1968–2011
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2011, taxes less subsidies on products (current lcu), per unit of gdp in Venezuela, Bolivarian Republic of stood at 0 current LCU per US$ of GDP. That is the lowest value across all 44 years on record.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Venezuela, Bolivarian Republic of peaked at 0 current LCU per US$ of GDP in 1989 and was at its lowest, 0 current LCU per US$ of GDP, in 1991.
Venezuela, Bolivarian Republic of ranks 191st of 197 countries on this measure, 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), per unit of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1968 | 0 current LCU per US$ of GDP | — |
| 1969 | 0 current LCU per US$ of GDP | +1.7% |
| 1970 | 0 current LCU per US$ of GDP | +3.5% |
| 1971 | 0 current LCU per US$ of GDP | -9.4% |
| 1972 | 0 current LCU per US$ of GDP | -13.5% |
| 1973 | 0 current LCU per US$ of GDP | -17.9% |
| 1974 | 0 current LCU per US$ of GDP | -17.8% |
| 1975 | 0 current LCU per US$ of GDP | +28.6% |
| 1976 | 0 current LCU per US$ of GDP | -10.7% |
| 1977 | 0 current LCU per US$ of GDP | -4.0% |
| 1978 | 0 current LCU per US$ of GDP | -18.5% |
| 1979 | 0 current LCU per US$ of GDP | +15.0% |
| 1980 | 0 current LCU per US$ of GDP | +0.6% |
| 1981 | 0 current LCU per US$ of GDP | -6.4% |
| 1982 | 0 current LCU per US$ of GDP | +13.1% |
| 1983 | 0 current LCU per US$ of GDP | +109.8% |
| 1984 | 0 current LCU per US$ of GDP | +4.4% |
| 1985 | 0 current LCU per US$ of GDP | +13.2% |
| 1986 | 0 current LCU per US$ of GDP | -72.7% |
| 1987 | 0 current LCU per US$ of GDP | +601.1% |
| 1988 | 0 current LCU per US$ of GDP | -53.8% |
| 1989 | 0 current LCU per US$ of GDP | +257.8% |
| 1990 | 0 current LCU per US$ of GDP | -39.1% |
| 1991 | 0 current LCU per US$ of GDP | -100.0% |
| 1992 | 0 current LCU per US$ of GDP | — |
| 1993 | 0 current LCU per US$ of GDP | — |
| 1994 | 0 current LCU per US$ of GDP | — |
| 1995 | 0 current LCU per US$ of GDP | — |
| 1996 | 0 current LCU per US$ of GDP | — |
| 1997 | 0 current LCU per US$ of GDP | — |
| 1998 | 0 current LCU per US$ of GDP | — |
| 1999 | 0 current LCU per US$ of GDP | — |
| 2000 | 0 current LCU per US$ of GDP | — |
| 2001 | 0 current LCU per US$ of GDP | — |
| 2002 | 0 current LCU per US$ of GDP | — |
| 2003 | 0 current LCU per US$ of GDP | — |
| 2004 | 0 current LCU per US$ of GDP | — |
| 2005 | 0 current LCU per US$ of GDP | — |
| 2006 | 0 current LCU per US$ of GDP | — |
| 2007 | 0 current LCU per US$ of GDP | — |
| 2008 | 0 current LCU per US$ of GDP | — |
| 2009 | 0 current LCU per US$ of GDP | — |
| 2010 | 0 current LCU per US$ of GDP | — |
| 2011 | 0 current LCU per US$ of GDP | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 2 |
| 1970s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1980s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1990s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 2000s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 2010s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
- 188 Bahrain 0.0159 current LCU per US$ of GDP compare
- 189 Cuba 0.0071 current LCU per US$ of GDP compare
- 190 Isle of Man 0.0024 current LCU per US$ of GDP
- 192 Oman -0.0021 current LCU per US$ of GDP compare
- 193 Brunei Darussalam -0.0186 current LCU per US$ of GDP compare
- 194 Timor-Leste -0.0186 current LCU per US$ of GDP 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Venezuela, Bolivarian Republic of?
- Taxes less subsidies on products (current lcu), per unit of gdp in Venezuela, Bolivarian Republic of was 0 current LCU per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0 current LCU per US$ of GDP in 1989.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0 current LCU per US$ of GDP in 1991.
- How does Venezuela, Bolivarian Republic of rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Venezuela, Bolivarian Republic of ranks 191st out of 197 countries with data for 2011.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.