Taxes as a % of price: value added tax in Venezuela
Venezuela: Taxes as a % of price: value added tax was 4.6% in 2022. ▲ Rising
Latest (2022)
4.6%
Change on year
unchanged
World rank
163rd
of 189 countries
All-time high
4.6%
in 2020
All-time low
2.6%
in 2008
Years of data
8
2008–2022
Taxes as a % of price: value added tax in Venezuela, 2008–2022
Source: World Health Organization, Global Health Observatory.
Analysis
The most recent figure for taxes as a % of price: value added tax in Venezuela is 4.6%, measured in 2022. That is the highest value across all 8 years on record.
The figure is up 32.0% over ten years.
Over the whole period, taxes as a % of price: value added tax in Venezuela peaked at 4.6% in 2020 and was at its lowest, 2.6%, in 2008.
That places Venezuela 163rd out of 189 countries with data for 2022, putting it in the bottom quarter.
Taxes as a % of price: value added tax in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 2.6% | — |
| 2010 | 3.5% | +31.9% |
| 2012 | 3.5% | +0.0% |
| 2014 | 3.5% | +0.0% |
| 2016 | 3.5% | +0.0% |
| 2018 | 3.5% | +0.0% |
| 2020 | 4.6% | +32.0% |
| 2022 | 4.6% | +0.0% |
Venezuela compared with similar countries
- Venezuela's 4.6% is below the median for lower middle income countries, which is 11.5%, 40% of the median. (45 countries reporting)
- Venezuela's 4.6% is below the median for Latin America & Caribbean, which is 13.0%, 35% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 2.6% | 2.6% | 1 |
| 2010s | 3.5% | 3.5% | 3.5% | 5 |
| 2020s | 4.6% | 4.6% | 4.6% | 2 |
Countries ranked near Venezuela
- 160 Mauritania 4.8% compare
- 161 Oman 4.8% compare
- 161 United Arab Emirates 4.8% compare
- 164 Andorra 4.3% compare
- 165 Marshall Islands 3.9% compare
- 166 Ghana 3.7% compare
More health data for Venezuela
- Un projection of annual infant deaths, annual growth rate -1.88 % change on previous year (2100)
- Heat deaths vs projected death rates, annual growth rate 1.44 % change on previous year (2090)
- Estimated changes in temperature-related death rates compared to projected death rates 1,244 deaths per 1,000 people (2090)
- Number of infants who die before age 1 888 deaths (2100)
- Neonatal tetanus - number of reported cases, gaps filled 1 (2025)
- Population ages 00-04, female, annual growth rate -0.4153 % change on previous year (2025)
- Population ages 00-04, female, per unit of GDP 0 units per US$ of GDP (2025)
- Population ages 00-04, female, per capita 0.0356 units per person (2025)
- Population ages 00-04, male, annual growth rate -0.4549 % change on previous year (2025)
- Population ages 00-04, male, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes as a % of price: value added tax in Venezuela?
- Taxes as a % of price: value added tax in Venezuela was 4.6% in 2022, according to World Health Organization, Global Health Observatory.
- What is the highest taxes as a % of price: value added tax recorded in Venezuela?
- The highest recorded value was 4.6% in 2020.
- What is the lowest taxes as a % of price: value added tax recorded in Venezuela?
- The lowest recorded value was 2.6% in 2008.
- How does Venezuela rank for taxes as a % of price: value added tax?
- Venezuela ranks 163rd out of 189 countries with data for 2022.
- Is taxes as a % of price: value added tax rising or falling in Venezuela?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from World Health Organization, Global Health Observatory, published as part of Taxes as a % of price: value added tax. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY-NC-SA 3.0 IGO (WHO).