Taxes less subsidies on products in Venezuela
Venezuela: Taxes less subsidies on products was 0 current LCU in 2011. ◆ Volatile
Taxes less subsidies on products in Venezuela, 1968–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2011, taxes less subsidies on products in Venezuela stood at 0 current LCU. That is the lowest value across all 44 years on record.
Over the whole period, taxes less subsidies on products in Venezuela peaked at 0.0005 current LCU in 1989 and was at its lowest, 0 current LCU, in 1991.
That places Venezuela 191st out of 197 countries with data for 2011, 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 in Venezuela, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 0 current LCU | — |
| 1969 | 0 current LCU | +4.3% |
| 1970 | 0 current LCU | +16.3% |
| 1971 | 0 current LCU | +1.8% |
| 1972 | 0 current LCU | -6.9% |
| 1973 | 0 current LCU | +0.0% |
| 1974 | 0 current LCU | +25.9% |
| 1975 | 0 current LCU | +35.3% |
| 1976 | 0 current LCU | +2.2% |
| 1977 | 0.0001 current LCU | +10.6% |
| 1978 | 0 current LCU | -11.5% |
| 1979 | 0.0001 current LCU | +41.3% |
| 1980 | 0.0001 current LCU | +23.1% |
| 1981 | 0.0001 current LCU | +5.0% |
| 1982 | 0.0001 current LCU | +15.5% |
| 1983 | 0.0002 current LCU | +109.3% |
| 1984 | 0.0002 current LCU | -7.5% |
| 1985 | 0.0002 current LCU | +17.2% |
| 1986 | 0.0001 current LCU | -73.3% |
| 1987 | 0.0003 current LCU | +456.4% |
| 1988 | 0.0002 current LCU | -42.1% |
| 1989 | 0.0005 current LCU | +158.6% |
| 1990 | 0.0003 current LCU | -32.0% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 0 current LCU | — |
| 1995 | 0 current LCU | — |
| 1996 | 0 current LCU | — |
| 1997 | 0 current LCU | — |
| 1998 | 0 current LCU | — |
| 1999 | 0 current LCU | — |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU | 0 current LCU | 0 current LCU | 2 |
| 1970s | 0 current LCU | 0 current LCU | 0.0001 current LCU | 10 |
| 1980s | 0.0002 current LCU | 0.0001 current LCU | 0.0005 current LCU | 10 |
| 1990s | 0 current LCU | 0 current LCU | 0.0003 current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2010s | 0 current LCU | 0 current LCU | 0 current LCU | 2 |
Countries ranked near Venezuela
- 188 Isle of Man 17.90 million current LCU
- 189 Marshall Islands 12.05 million current LCU compare
- 190 Tuvalu 7.48 million current LCU compare
- 192 Kiribati -10.45 million current LCU compare
- 193 Timor-Leste -34.79 million current LCU compare
- 194 Oman -228.64 million current LCU compare
More economy & growth data for Venezuela
- 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)
- Manufacturing, value added (constant LCU), per capita 229.58 constant LCU per person (2014)
- Industry (including construction), value added (current US$), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current US$), per 0 current US$ per US$ of GDP (2011)
- Industry (including construction), value added (current US$), per 0 current US$ per person (2011)
- Industry (including construction), value added (current LCU), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Industry (including construction), value added (current LCU), per 0 current LCU per person (2011)
- Industry (including construction), value added (constant LCU), annual -5.84 % change on previous year (2014)
Frequently asked questions
- What is taxes less subsidies on products in Venezuela?
- Taxes less subsidies on products in Venezuela was 0 current LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Venezuela?
- The highest recorded value was 0.0005 current LCU in 1989.
- What is the lowest taxes less subsidies on products recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1991.
- How does Venezuela rank for taxes less subsidies on products?
- Venezuela ranks 191st out of 197 countries with data for 2011.
- Where does this Venezuela 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 (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.