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Total Tax Rate (As % of Commercial Profits) in Venezuela

Source: World Bank
Last Updated: February 1, 2023

Total tax rate as a percentage of commercial profits reached 0.733% in 2019 in Venezuela, according to the National Statistical Office. This is 4.56% more than in the previous year.

Historically, total tax rate as a percentage of commercial profits in Venezuela reached an all time high of 0.733% in 2019 and an all time low of 0.498% in 2006.

Venezuela has been ranked 7th within the group of 171 countries we follow in terms of total tax rate as a percentage of commercial profits.

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