Paying taxes (DB17-20 methodology) - Score in Venezuela
Venezuela: Paying taxes (DB17-20 methodology) - Score was 11.4 in 2019. ▼ Falling
Paying taxes (DB17-20 methodology) - Score in Venezuela, 2015–2019
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 190th of 191 countries on this measure, in the bottom quarter.
Paying taxes (DB17-20 methodology) - Score in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 15.33 | — |
| 2016 | 15.17 | -1.1% |
| 2017 | 12.9 | -15.0% |
| 2018 | 12.9 | +0.0% |
| 2019 | 11.4 | -11.6% |
Venezuela compared with similar countries
- Venezuela's 11.4 is below the median for lower middle income countries, which is 61.28, 19% of the median. (47 countries reporting)
- Venezuela's 11.4 is below the median for Latin America & Caribbean, which is 64.41, 18% of the median. (33 countries reporting)
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 1,173 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 43,034 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 41.9 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.1023 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 110.44 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 39,390 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 1,537 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
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 190th out of 191 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
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.