Government revenue as a share of gdp reached 7.78% in 2023 in Venezuela, according to the National Statistical Office. This is 1.36% less than in the previous year.
Historically, government revenue as a share of GDP in Venezuela reached an all time high of 37.7% in 2006 and an all time low of 4.30% in 2020.
Venezuela has been ranked 171st within the group of 172 countries we follow in terms of government revenue as a share of GDP.
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