Taxes less subsidies on products in Venezuela, Bolivarian Republic of

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

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

Taxes less subsidies on products in Venezuela, Bolivarian Republic of, 1968–2011

01.0B2.0B3.0B4.0B5.0B1968198920111968: 505.4M current US$1969: 526.8M current US$1970: 612.9M current US$1971: 637.8M current US$1972: 593.8M current US$1973: 607.6M current US$1974: 765.1M current US$1975: 1.0B current US$1976: 1.1B current US$1977: 1.2B current US$1978: 1.0B current US$1979: 1.5B current US$1980: 1.8B current US$1981: 1.9B current US$1982: 2.2B current US$1983: 4.6B current US$1984: 2.6B current US$1985: 2.8B current US$1986: 703.6M current US$1987: 2.2B current US$1988: 1.3B current US$1989: 1.4B current US$1990: 687.5M current US$1991: 0 current US$1992: 0 current US$1993: 0 current US$1994: 0 current US$1995: 0 current US$1996: 0 current US$1997: 0 current US$1998: 0 current US$1999: 0 current US$2000: 0 current US$2001: 0 current US$2002: 0 current US$2003: 0 current US$2004: 0 current US$2005: 0 current US$2006: 0 current US$2007: 0 current US$2008: 0 current US$2009: 0 current US$2010: 0 current US$2011: 0 current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

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

Over the whole period, taxes less subsidies on products in Venezuela, Bolivarian Republic of peaked at 4.57 billion current US$ in 1983 and was at its lowest, 0 current US$, in 1991.

That places Venezuela, Bolivarian Republic of 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, Bolivarian Republic of, year by year

Annual values for Taxes less subsidies on products (current US$) in Venezuela, Bolivarian Republic of, 1968 to 2011.
Year current US$ Change
1968 505.36 million current US$
1969 526.84 million current US$ +4.3%
1970 612.87 million current US$ +16.3%
1971 637.79 million current US$ +4.1%
1972 593.82 million current US$ -6.9%
1973 607.63 million current US$ +2.3%
1974 765.14 million current US$ +25.9%
1975 1.04 billion current US$ +35.3%
1976 1.06 billion current US$ +2.2%
1977 1.17 billion current US$ +10.6%
1978 1.04 billion current US$ -11.5%
1979 1.46 billion current US$ +41.3%
1980 1.80 billion current US$ +23.1%
1981 1.89 billion current US$ +5.0%
1982 2.18 billion current US$ +15.5%
1983 4.57 billion current US$ +109.3%
1984 2.59 billion current US$ -43.3%
1985 2.84 billion current US$ +9.6%
1986 703.56 million current US$ -75.2%
1987 2.18 billion current US$ +210.2%
1988 1.26 billion current US$ -42.1%
1989 1.37 billion current US$ +8.1%
1990 687.47 million current US$ -49.7%
1991 0 current US$ -100.0%
1992 0 current US$
1993 0 current US$
1994 0 current US$
1995 0 current US$
1996 0 current US$
1997 0 current US$
1998 0 current US$
1999 0 current US$
2000 0 current US$
2001 0 current US$
2002 0 current US$
2003 0 current US$
2004 0 current US$
2005 0 current US$
2006 0 current US$
2007 0 current US$
2008 0 current US$
2009 0 current US$
2010 0 current US$
2011 0 current US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 516.10 million current US$ 505.36 million current US$ 526.84 million current US$ 2
1970s 897.84 million current US$ 593.82 million current US$ 1.46 billion current US$ 10
1980s 2.14 billion current US$ 703.56 million current US$ 4.57 billion current US$ 10
1990s 68.75 million current US$ 0 current US$ 687.47 million current US$ 10
2000s 0 current US$ 0 current US$ 0 current US$ 10
2010s 0 current US$ 0 current US$ 0 current US$ 2

Countries ranked near Venezuela, Bolivarian Republic of

  1. 188 Isle of Man 22.25 million current US$
  2. 189 Marshall Islands 12.05 million current US$ compare
  3. 190 Tuvalu 5.62 million current US$ compare
  4. 192 Kiribati -6.90 million current US$ compare
  5. 193 Timor-Leste -34.79 million current US$ compare
  6. 194 Brunei Darussalam -214.09 million current US$ 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 in Venezuela, Bolivarian Republic of?
Taxes less subsidies on products in Venezuela, Bolivarian Republic of was 0 current US$ 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, Bolivarian Republic of?
The highest recorded value was 4.57 billion current US$ in 1983.
What is the lowest taxes less subsidies on products recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0 current US$ in 1991.
How does Venezuela, Bolivarian Republic of rank for taxes less subsidies on products?
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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.

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Taxes less subsidies on products in Venezuela, Bolivarian Republic of. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us/venezuela-rb/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.