Paying taxes (DB17-20 methodology) - Score in Venezuela

Venezuela: Paying taxes (DB17-20 methodology) - Score was 11.4 in 2019. ▼ Falling

Latest (2019)
11.4
Change on year
down 11.6%
World rank
187th
of 188 countries
All-time high
15.33
in 2015
All-time low
11.4
in 2019
Years of data
5
2015–2019

Paying taxes (DB17-20 methodology) - Score in Venezuela, 2015–2019

0510152015201720192015: 15.32016: 15.22017: 12.92018: 12.92019: 11.4

Source: World Bank.

Analysis

The most recent figure for paying taxes (db17-20 methodology) - score in Venezuela is 11.4, measured in 2019. That is the lowest value across all 5 years on record.

That represents a change of down 11.6% on the previous year and down 25.6% over five years.

Venezuela ranks 187th of 188 countries on this measure, in the bottom quarter.

Countries ranked near Venezuela

  1. 184 Bolivia 21.62 compare
  2. 185 Central African Republic 18.89 compare
  3. 186 Chad 17.92 compare
  4. 188 Somalia 0 compare

See the full ranking of 190 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is paying taxes (db17-20 methodology) - score in Venezuela?
Paying taxes (db17-20 methodology) - score in Venezuela was 11.4 in 2019, according to the World Bank.
What is the highest paying taxes (db17-20 methodology) - score recorded in Venezuela?
The highest recorded value was 15.33 in 2015.
What is the lowest paying taxes (db17-20 methodology) - score recorded in Venezuela?
The lowest recorded value was 11.4 in 2019.
How does Venezuela rank for paying taxes (db17-20 methodology) - score?
Venezuela ranks 187th out of 188 countries with data for 2019.
Where does this Venezuela data come from?
The figures come from the World Bank, published as part of Paying taxes (DB17-20 methodology) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes (DB17-20 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 950 data points, 2015–2019
Last refreshed

The score for paying taxes is the simple average of the scores for each of the component indicators, the payments, time and total tax and contribution rate for a company to comply with tax laws in an economy, as well as the postfiling procedures to request and process a VAT refund claim and to comply with and complete a corporate income tax correction. The score is computed based on the methodology in the DB17-20 studies.