Taxes on goods and services as share of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Taxes on goods and services as share of GDP was 8.4% in 2017. ◆ Volatile
Taxes on goods and services as share of GDP in Venezuela, Bolivarian Republic of, 1980–2017
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 8.4% for taxes on goods and services as share of gdp in 2017.
That represents a change of down 15.2% on the previous year and up 33.4% over ten years.
Over the whole period, taxes on goods and services as share of gdp in Venezuela, Bolivarian Republic of peaked at 13.6% in 2015 and was at its lowest, 0.7%, in 1990.
Venezuela, Bolivarian Republic of ranks 85th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services as share of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.9% | — |
| 1981 | 0.8% | -9.9% |
| 1982 | 1.2% | +37.7% |
| 1983 | 1.3% | +14.8% |
| 1984 | 1.1% | -17.2% |
| 1985 | 1.4% | +23.0% |
| 1986 | 1.9% | +42.7% |
| 1987 | 1.6% | -17.5% |
| 1988 | 1.4% | -12.5% |
| 1989 | 0.8% | -44.0% |
| 1990 | 0.7% | -12.4% |
| 1991 | 0.7% | +7.0% |
| 1992 | 1.2% | +68.5% |
| 1993 | 2.0% | +64.7% |
| 1994 | 3.0% | +47.5% |
| 1995 | 4.2% | +39.6% |
| 1996 | 4.4% | +4.9% |
| 1997 | 5.9% | +33.9% |
| 1998 | 7.0% | +17.6% |
| 1999 | 6.4% | -8.6% |
| 2000 | 5.3% | -17.2% |
| 2001 | 5.5% | +3.5% |
| 2002 | 5.1% | -6.3% |
| 2003 | 5.6% | +9.9% |
| 2004 | 6.9% | +22.3% |
| 2005 | 7.0% | +2.2% |
| 2006 | 7.1% | +1.2% |
| 2007 | 6.3% | -11.6% |
| 2008 | 5.5% | -11.8% |
| 2009 | 6.9% | +24.3% |
| 2010 | 6.4% | -6.9% |
| 2011 | 6.9% | +7.1% |
| 2012 | 7.5% | +9.0% |
| 2013 | 8.1% | +7.8% |
| 2014 | 10.0% | +23.8% |
| 2015 | 13.6% | +36.1% |
| 2016 | 9.9% | -27.3% |
| 2017 | 8.4% | -15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | 0.8% | 1.9% | 10 |
| 1990s | 3.6% | 0.7% | 7.0% | 10 |
| 2000s | 6.1% | 5.1% | 7.1% | 10 |
| 2010s | 8.8% | 6.4% | 13.6% | 8 |
Countries ranked near Venezuela, Bolivarian Republic of
- 82 Tajikistan 8.8% compare
- 83 Nepal 8.7% compare
- 84 Peru 8.4% compare
- 86 Togo 8.2% compare
- 87 Dominican Republic 8.1% compare
- 88 Costa Rica 8.1% 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)
- Services, value added (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), annual growth rate -100 % change on previous year (1991)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Services, value added (current LCU), per capita 0 current LCU per person (2011)
- Services, value added (constant LCU), per capita 1,026 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 227.09 % change on previous year (2025)
Frequently asked questions
- What is taxes on goods and services as share of gdp in Venezuela, Bolivarian Republic of?
- Taxes on goods and services as share of gdp in Venezuela, Bolivarian Republic of was 8.4% in 2017, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on goods and services as share of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 13.6% in 2015.
- What is the lowest taxes on goods and services as share of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.7% in 1990.
- How does Venezuela, Bolivarian Republic of rank for taxes on goods and services as share of gdp?
- Venezuela, Bolivarian Republic of ranks 85th out of 187 countries with data for 2017.
- Is taxes on goods and services as share of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on goods and services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.