Details of Tax Revenue - Venezuela
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Click to expand Source
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Click to expand Contact person/organisation
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Americas Desk: dev.americas@oecd.org
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Revenue Statistics in Latin America and the Caribbean

Revenue Statistics in Latin America and the Caribbean 2021 is a joint publication by the Organisation for Economic Co-operation and Development (OECD) Centre for Tax Policy and Administration, the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN-ECLAC), the Inter-American Center of Tax Administrations (CIAT) and the Inter-American Development Bank (IDB), with the support of the European Union Regional Facility for Development in Transition for Latin America and the Caribbean. It presents detailed, internationally comparable data on tax revenues for 27 Latin American and Caribbean (LAC) economies, three of which are OECD members. On 15 May 2020, the OECD Council invited Costa Rica to become a member. At the time of preparation of this publication, the deposit of Costa Rica’s instrument of accession to the OECD Convention was pending and therefore Costa Rica does not appear in the list of OECD members and is not included in the OECD averages reported. Revenue Statistics in Latin America and the Caribbean’s approach is based on the well-established methodology of the OECD Revenue Statistics database, which is an essential reference source for OECD member countries. Comparisons are also made with the average tax indicators for OECD economies. Comparable tables show total tax revenue data and by tax as a percentage of GDP, and, for the different types of taxes, as a share of total taxation. Detailed country tables show information in national currency values.
Click to expand Direct source
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Servicio Nacional Integrado de Administración Aduanera (National Integrated Service of Customs); Ministerio de Finanzas (Ministry of Finance).
Click to expand Source Periodicity
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Year ending 31st December.
Click to expand Data Characteristics
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The figures exclude state and local government tax revenues as the data are not available.
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The data are on a cash basis.
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Click to expand Recommended uses and limitations
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The figures since 2015 should be interpreted with caution as they have been affected by the high rate of inflation over this period.
Click to expand Quality comments
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Data are not available for 2018 and 2019.

Total tax revenue data have not been available since 2014 due to missing data for social security contributions since 2014 and oil revenues since 2016 (classified in heading 1210 taxes on corporate profits).
Details of Tax Revenue - VenezuelaContact person/organisation
Americas Desk: dev.americas@oecd.org
Name of collection/source
Revenue Statistics in Latin America and the Caribbean

Revenue Statistics in Latin America and the Caribbean 2021 is a joint publication by the Organisation for Economic Co-operation and Development (OECD) Centre for Tax Policy and Administration, the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN-ECLAC), the Inter-American Center of Tax Administrations (CIAT) and the Inter-American Development Bank (IDB), with the support of the European Union Regional Facility for Development in Transition for Latin America and the Caribbean. It presents detailed, internationally comparable data on tax revenues for 27 Latin American and Caribbean (LAC) economies, three of which are OECD members. On 15 May 2020, the OECD Council invited Costa Rica to become a member. At the time of preparation of this publication, the deposit of Costa Rica’s instrument of accession to the OECD Convention was pending and therefore Costa Rica does not appear in the list of OECD members and is not included in the OECD averages reported. Revenue Statistics in Latin America and the Caribbean’s approach is based on the well-established methodology of the OECD Revenue Statistics database, which is an essential reference source for OECD member countries. Comparisons are also made with the average tax indicators for OECD economies. Comparable tables show total tax revenue data and by tax as a percentage of GDP, and, for the different types of taxes, as a share of total taxation. Detailed country tables show information in national currency values.
Direct source
Servicio Nacional Integrado de Administración Aduanera (National Integrated Service of Customs); Ministerio de Finanzas (Ministry of Finance).
Source Periodicity
Year ending 31st December.
Unit of measure usedBolívar SoberanoPower codeUnitsDate last updated
22-04-2021
Link to Release calendar
This data is released at the same time as the annual OECD Revenue Statistics in Latin America and the Caribbean. The latest edition became available in April, 2021.
Revenue Statistics in Latin America and the Caribbeanhttp://www.oecd.org/ctp/revenue-statistics-in-latin-america-and-the-caribbean-24104736.htm
Institutional coverage
The figures exclude state and local government tax revenues as the data are not available.
Key statistical concept
The data are on a cash basis.
Recommended uses and limitations
The figures since 2015 should be interpreted with caution as they have been affected by the high rate of inflation over this period.
Quality comments
Data are not available for 2018 and 2019.

Total tax revenue data have not been available since 2014 due to missing data for social security contributions since 2014 and oil revenues since 2016 (classified in heading 1210 taxes on corporate profits).