Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0 current LCU per US$ of GDP in 2011. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Venezuela, República Bolivariana de, 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, República Bolivariana de 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, República Bolivariana de 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, República Bolivariana de 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 (unit) in Venezuela, República Bolivariana de, 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 | — |
Venezuela, República Bolivariana de compared with similar countries
- Venezuela, República Bolivariana de's 0 current LCU per US$ of GDP is below the median for lower middle income countries, which is 3.66 current LCU per US$ of GDP. (46 countries reporting)
- Venezuela, República Bolivariana de's 0 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4274 current LCU per US$ of GDP. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Venezuela, República Bolivariana de changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +601.1% | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP |
| 1989 | +257.8% | 0 current LCU per US$ of GDP | 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, República Bolivariana de
- 188 Bahrain, Kingdom of 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, Democratic Republic of -0.0186 current LCU per US$ of GDP compare
More economy & growth data for Venezuela, República Bolivariana de
- Real gdp growth, annual growth rate -25.42 % change on previous year (2018)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Venezuela, República Bolivariana de?
- Taxes less subsidies on products (current lcu), per unit of gdp in Venezuela, República Bolivariana de 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, República Bolivariana de?
- 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, República Bolivariana de?
- The lowest recorded value was 0 current LCU per US$ of GDP in 1991.
- How does Venezuela, República Bolivariana de rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Venezuela, República Bolivariana de ranks 191st out of 197 countries with data for 2011.
- Where does this Venezuela, República Bolivariana de 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.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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.