Paying taxes: Labor tax and contributions in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Paying taxes: Labor tax and contributions was 18.2% in 2019. ▬ Flat
Paying taxes: Labor tax and contributions in Venezuela, Bolivarian Republic of, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Venezuela, Bolivarian Republic of stood at 18.2%. That is the highest value across all 15 years on record.
The figure is up 1.1% on the previous year and up 1.1% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Venezuela, Bolivarian Republic of peaked at 18.2% in 2019 and was at its lowest, 17.7%, in 2005.
Venezuela, Bolivarian Republic of ranks 77th of 190 countries on this measure, in the middle of the range.
Paying taxes: Labor tax and contributions in Venezuela, Bolivarian Republic of, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 17.7% | — |
| 2006 | 17.7% | +0.0% |
| 2007 | 18.0% | +1.7% |
| 2008 | 18.0% | +0.0% |
| 2009 | 18.0% | +0.0% |
| 2010 | 18.0% | +0.0% |
| 2011 | 18.0% | +0.0% |
| 2012 | 18.0% | +0.0% |
| 2013 | 18.0% | +0.0% |
| 2014 | 18.0% | +0.0% |
| 2015 | 18.0% | +0.0% |
| 2016 | 18.0% | +0.0% |
| 2017 | 18.0% | +0.0% |
| 2018 | 18.0% | +0.0% |
| 2019 | 18.2% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.9% | 17.7% | 18.0% | 5 |
| 2010s | 18.0% | 18.0% | 18.2% | 10 |
Countries ranked near Venezuela, Bolivarian Republic of
More reference data data for Venezuela, Bolivarian Republic of
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1,190 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 41.16 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 110.44 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 14,168 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 10,074 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Venezuela, Bolivarian Republic of?
- Paying taxes: labor tax and contributions in Venezuela, Bolivarian Republic of was 18.2% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 18.2% in 2019.
- What is the lowest paying taxes: labor tax and contributions recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 17.7% in 2005.
- How does Venezuela, Bolivarian Republic of rank for paying taxes: labor tax and contributions?
- Venezuela, Bolivarian Republic of ranks 77th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is flat.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.