Taxes less subsidies on products (current US$), per unit of GDP in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Taxes less subsidies on products (current US$), per unit of GDP was 0 current US$ per US$ of GDP in 2011. ◆ Volatile

Latest (2011)
0 current US$ per US$ of GDP
World rank
191st
of 197 countries
All-time high
0.0676 current US$ per US$ of GDP
in 1983
All-time low
0 current US$ per US$ of GDP
in 1991
Years of data
44
1968–2011

Taxes less subsidies on products (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, 1968–2011

00.020.040.061968198920111968: 0.05 current US$ per US$ of GDP1969: 0.051 current US$ per US$ of GDP1970: 0.053 current US$ per US$ of GDP1971: 0.049 current US$ per US$ of GDP1972: 0.042 current US$ per US$ of GDP1973: 0.036 current US$ per US$ of GDP1974: 0.029 current US$ per US$ of GDP1975: 0.038 current US$ per US$ of GDP1976: 0.034 current US$ per US$ of GDP1977: 0.032 current US$ per US$ of GDP1978: 0.026 current US$ per US$ of GDP1979: 0.03 current US$ per US$ of GDP1980: 0.03 current US$ per US$ of GDP1981: 0.029 current US$ per US$ of GDP1982: 0.032 current US$ per US$ of GDP1983: 0.068 current US$ per US$ of GDP1984: 0.043 current US$ per US$ of GDP1985: 0.046 current US$ per US$ of GDP1986: 0.012 current US$ per US$ of GDP1987: 0.045 current US$ per US$ of GDP1988: 0.021 current US$ per US$ of GDP1989: 0.031 current US$ per US$ of GDP1990: 0.014 current US$ per US$ of GDP1991: 0 current US$ per US$ of GDP1992: 0 current US$ per US$ of GDP1993: 0 current US$ per US$ of GDP1994: 0 current US$ per US$ of GDP1995: 0 current US$ per US$ of GDP1996: 0 current US$ per US$ of GDP1997: 0 current US$ per US$ of GDP1998: 0 current US$ per US$ of GDP1999: 0 current US$ per US$ of GDP2000: 0 current US$ per US$ of GDP2001: 0 current US$ per US$ of GDP2002: 0 current US$ per US$ of GDP2003: 0 current US$ per US$ of GDP2004: 0 current US$ per US$ of GDP2005: 0 current US$ per US$ of GDP2006: 0 current US$ per US$ of GDP2007: 0 current US$ per US$ of GDP2008: 0 current US$ per US$ of GDP2009: 0 current US$ per US$ of GDP2010: 0 current US$ per US$ of GDP2011: 0 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Venezuela, Bolivarian Republic of recorded 0 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2011. That is the lowest value across all 44 years on record.

Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Venezuela, Bolivarian Republic of peaked at 0.0676 current US$ per US$ of GDP in 1983 and was at its lowest, 0 current US$ 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 US$), per unit of GDP in Venezuela, Bolivarian Republic of, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, 1968 to 2011.
Year current US$ per US$ of GDP Change
1968 0.0504 current US$ per US$ of GDP
1969 0.0512 current US$ per US$ of GDP +1.7%
1970 0.053 current US$ per US$ of GDP +3.5%
1971 0.0491 current US$ per US$ of GDP -7.4%
1972 0.0425 current US$ per US$ of GDP -13.5%
1973 0.0357 current US$ per US$ of GDP -16.0%
1974 0.0293 current US$ per US$ of GDP -17.8%
1975 0.0377 current US$ per US$ of GDP +28.6%
1976 0.0337 current US$ per US$ of GDP -10.7%
1977 0.0323 current US$ per US$ of GDP -4.0%
1978 0.0263 current US$ per US$ of GDP -18.5%
1979 0.0303 current US$ per US$ of GDP +15.0%
1980 0.0305 current US$ per US$ of GDP +0.6%
1981 0.0285 current US$ per US$ of GDP -6.4%
1982 0.0322 current US$ per US$ of GDP +13.1%
1983 0.0676 current US$ per US$ of GDP +109.8%
1984 0.0433 current US$ per US$ of GDP -36.0%
1985 0.0458 current US$ per US$ of GDP +5.9%
1986 0.0116 current US$ per US$ of GDP -74.6%
1987 0.0454 current US$ per US$ of GDP +290.8%
1988 0.021 current US$ per US$ of GDP -53.8%
1989 0.0314 current US$ per US$ of GDP +49.5%
1990 0.0141 current US$ per US$ of GDP -54.9%
1991 0 current US$ per US$ of GDP -100.0%
1992 0 current US$ per US$ of GDP
1993 0 current US$ per US$ of GDP
1994 0 current US$ per US$ of GDP
1995 0 current US$ per US$ of GDP
1996 0 current US$ per US$ of GDP
1997 0 current US$ per US$ of GDP
1998 0 current US$ per US$ of GDP
1999 0 current US$ per US$ of GDP
2000 0 current US$ per US$ of GDP
2001 0 current US$ per US$ of GDP
2002 0 current US$ per US$ of GDP
2003 0 current US$ per US$ of GDP
2004 0 current US$ per US$ of GDP
2005 0 current US$ per US$ of GDP
2006 0 current US$ per US$ of GDP
2007 0 current US$ per US$ of GDP
2008 0 current US$ per US$ of GDP
2009 0 current US$ per US$ of GDP
2010 0 current US$ per US$ of GDP
2011 0 current US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0508 current US$ per US$ of GDP 0.0504 current US$ per US$ of GDP 0.0512 current US$ per US$ of GDP 2
1970s 0.037 current US$ per US$ of GDP 0.0263 current US$ per US$ of GDP 0.053 current US$ per US$ of GDP 10
1980s 0.0357 current US$ per US$ of GDP 0.0116 current US$ per US$ of GDP 0.0676 current US$ per US$ of GDP 10
1990s 0.0014 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0.0141 current US$ per US$ of GDP 10
2000s 0 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0 current US$ per US$ of GDP 10
2010s 0 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0 current US$ per US$ of GDP 2

Countries ranked near Venezuela, Bolivarian Republic of

  1. 188 Qatar 0.0056 current US$ per US$ of GDP compare
  2. 189 Isle of Man 0.0029 current US$ per US$ of GDP
  3. 190 Macau, China 0.0023 current US$ per US$ of GDP compare
  4. 192 Oman -0.0054 current US$ per US$ of GDP compare
  5. 193 Brunei Darussalam -0.0142 current US$ per US$ of GDP compare
  6. 194 Libya -0.0166 current US$ per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is taxes less subsidies on products (current us$), per unit of gdp in Venezuela, Bolivarian Republic of?
Taxes less subsidies on products (current us$), per unit of gdp in Venezuela, Bolivarian Republic of was 0 current US$ per US$ of GDP in 2011, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 0.0676 current US$ per US$ of GDP in 1983.
What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0 current US$ per US$ of GDP in 1991.
How does Venezuela, Bolivarian Republic of rank for taxes less subsidies on products (current us$), per unit of gdp?
Venezuela, Bolivarian Republic of ranks 191st out of 197 countries with data for 2011.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), per unit of GDP in Venezuela, Bolivarian Republic of. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/venezuela-rb/

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How this figure is calculated

Taxes less subsidies on products (current US$) divided by GDP (current US$), 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 US$) ÷ GDP (current US$)

Computed from

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

Indicator
Taxes less subsidies on products (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.