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Economy > Tax Stats: compare key data on United States & Venezuela

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Definitions

  • GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
  • GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
  • GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
  • Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Taxes on income, profits and capital gains > Current LCU: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Taxes on income, profits and capital gains > Current LCU per capita: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Figures expressed per capita for the same year.
  • Taxes on international trade > Current LCU: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
  • Taxes on income > Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
  • Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
  • GNI per capita, Atlas method > Current US$: GNI per capita, Atlas method (current US$). GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
  • Tax payments > Number > Per capita: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent." Per capita figures expressed per 1 million population.
  • Tax revenue > Current LCU: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue."
  • Other taxes > Current LCU: Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes."
  • Net taxes on products > Current US$ per capita: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net taxes on products > Current LCU: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.
  • Social contributions > Current LCU: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
  • Net taxes on products > Current US$: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.
  • Taxes on goods and services including sales tax > % value added of industry and services: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • GNI > Constant 2000 US$, % of GDP: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Taxes on income > Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Labor tax and contributions > % of commercial profits: Labor tax and contributions (% of commercial profits). Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.
  • Net taxes on products > Current US$ > Per $ GDP: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 billion $ gross domestic product.
  • Taxes on goods and services > % value added of industry and services: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
  • Taxes on income > Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Taxes on international trade > Current LCU per capita: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes. Figures expressed per capita for the same year.
  • Other taxes > % of revenue: Other taxes (% of revenue). Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.
  • Profit tax > % of commercial profits: Profit tax (% of commercial profits). Profit tax is the amount of taxes on profits paid by the business.
  • Other taxes payable by businesses > % of commercial profits: Other taxes payable by businesses (% of commercial profits). Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.
  • Total tax rate > % of commercial profits: Total tax rate (% of commercial profits). Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.
  • Total tax rate > % of profit: Total tax rate is the total amount of taxes payable by businesses (except for labor taxes) after accounting for deductions and exemptions as a percentage of profit.
  • GDP > Current US$, % of GDP: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed as a proportion of GDP for the same year
  • GNI > Constant 2000 US$ per capita: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Tax revenue > % of GDP: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue."
  • Taxes on international trade > % of revenue: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes."
  • Grants and other revenue > Current LCU: Grants and other revenue include grants from other foreign governments, international organisations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner\xADship of property); and voluntary, unrequited, nonrepayable receipts other than grants."
  • Revenue > Excluding grants > Current LCU: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Social security contributions > Current LCU: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Taxes on income > Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Taxes on income, profits and capital gains > % of total taxes: Taxes on income, profits and capital gains (% of total taxes). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Taxes on income, profits and capital gains > % of revenue: Taxes on income, profits and capital gains (% of revenue). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Taxes on income > Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • GNI > Constant 2000 US$: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars.
  • Taxes on goods and services > Current LCU: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • Customs and other import duties > % of tax revenue: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Grants and other revenue > % of revenue: Grants and other revenue include grants from other foreign governments, international organisations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner\xADship of property); and voluntary, unrequited, nonrepayable receipts other than grants."
  • Taxes on goods and services > % of revenue: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • Net taxes on products > Current US$ > Per capita: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Social contributions > % of revenue: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
  • GDP growth > Annual %: GDP growth (annual %). Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • GDP per capita > Current LCU: GDP per capita (current LCU). GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Revenue, excluding grants > % of GDP: Revenue, excluding grants (% of GDP). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
STAT United States Venezuela HISTORY
GDP > Constant LCU 14.23 trillion
Ranked 18th. 232 times more than Venezuela
61.41 billion
Ranked 122nd.

GDP > Constant LCU per capita 45,335.9
Ranked 81st. 22 times more than Venezuela
2,050.06
Ranked 170th.

GDP > Current LCU 16.24 trillion
Ranked 28th. 10 times more than Venezuela
1.64 trillion
Ranked 72nd.

GDP > Current LCU per capita 51,748.56
Ranked 98th.
54,597.33
Ranked 94th. 6% more than United States

GDP > Current US$ $16.24 trillion
Ranked 2nd. 43 times more than Venezuela
$381.29 billion
Ranked 29th.

GDP > Current US$ per capita $51,748.56
Ranked 10th. 4 times more than Venezuela
$12,728.73
Ranked 52nd.

GDP per capita > Constant LCU 45,335.9
Ranked 81st. 22 times more than Venezuela
2,050.06
Ranked 170th.

Highest marginal tax rate > Corporate rate 40%
Ranked 4th. 18% more than Venezuela
34%
Ranked 19th.

Highest marginal tax rate > Individual > On income exceeding > US$ $372,950.00
Ranked 2nd. 2 times more than Venezuela
$156,000.00
Ranked 7th.

Highest marginal tax rate > Individual rate 35%
Ranked 35th. 3% more than Venezuela
34%
Ranked 38th.

Tax payments > Number 11
Ranked 139th.
71
Ranked 1st. 6 times more than United States

Tax rates 15.91
Ranked 3rd.
28.26
Ranked 48th. 78% more than United States

Taxes on income, profits and capital gains > Current LCU 1.4 trillion
Ranked 15th. 76 times more than Venezuela
18.45 billion
Ranked 65th.

Taxes on income, profits and capital gains > Current LCU per capita 4,477.99
Ranked 46th. 6 times more than Venezuela
690.21
Ranked 85th.

Taxes on international trade > Current LCU 31.87 billion
Ranked 32nd. 7 times more than Venezuela
4.25 billion
Ranked 47th.

Taxes on income > Profits and capital gains > Current LCU 1.09 trillion
Ranked 1st. 59 times more than Venezuela
18.45 billion
Ranked 53th.

Social security contributions 41.64%
Ranked 1st. 19 times more than Venezuela
2.2%
Ranked 60th.

Customs and other import duties > Current LCU 29.22 billion
Ranked 22nd. 7 times more than Venezuela
4.25 billion
Ranked 35th.

Time to prepare and pay taxes > Hours 187
Ranked 112th.
864
Ranked 6th. 5 times more than United States

Tax payments > Number per million 0.035
Ranked 185th.
2.37
Ranked 104th. 68 times more than United States

GNI per capita, Atlas method > Current US$ $52,340.00
Ranked 8th. 4 times more than Venezuela
$12,460.00
Ranked 48th.

Tax payments > Number > Per capita 0.033 per 1 million people
Ranked 170th.
2.65 per 1 million people
Ranked 103th. 80 times more than United States

Tax revenue > Current LCU 1.21 trillion
Ranked 1st. 26 times more than Venezuela
47.18 billion
Ranked 56th.

Other taxes > Current LCU 23.88 billion
Ranked 1st. 8 times more than Venezuela
3.04 billion
Ranked 45th.

Net taxes on products > Current US$ per capita 2,764.29$
Ranked 16th. 6 times more than Venezuela
435.01$
Ranked 45th.

Net taxes on products > Current LCU 809400000000 24295420000000
Social contributions > Current LCU 855345000000 1889860000000
Net taxes on products > Current US$ 809.4 billion$
Ranked 1st. 70 times more than Venezuela
11.63 billion$
Ranked 28th.

Taxes on goods and services including sales tax > % value added of industry and services 0.51%
Ranked 83th.
8%
Ranked 63th. 16 times more than United States

GNI > Constant 2000 US$, % of GDP 92.23%
Ranked 6th. 89% more than Venezuela
48.77%
Ranked 92nd.

Taxes on income > Profits and capital gains > % of total taxes 90.93%
Ranked 1st. 2 times more than Venezuela
39.1%
Ranked 25th.

Labor tax and contributions > % of commercial profits 9.9%
Ranked 133th.
18%
Ranked 77th. 82% more than United States

Net taxes on products > Current US$ > Per $ GDP 69.3$ per $1 billion of GDP
Ranked 114th. 835 times more than Venezuela
0.083$ per $1 billion of GDP
Ranked 92nd.

Taxes on goods and services > % value added of industry and services 0.67%
Ranked 84th.
6.25%
Ranked 72nd. 9 times more than United States

Taxes on income > Profits and capital gains including income tax > % of revenue 47.97%
Ranked 1st. 2 times more than Venezuela
21.46%
Ranked 40th.

Taxes on international trade > Current LCU per capita 102.28
Ranked 64th.
159.11
Ranked 68th. 56% more than United States

Other taxes > % of revenue 0.379%
Ranked 78th.
3.54%
Ranked 48th. 9 times more than United States

Profit tax > % of commercial profits 27.9%
Ranked 15th. 4 times more than Venezuela
6.5%
Ranked 156th.

Other taxes payable by businesses > % of commercial profits 8.4%
Ranked 39th.
37.1%
Ranked 16th. 4 times more than United States

Total tax rate > % of commercial profits 46.3%
Ranked 58th.
61.7%
Ranked 26th. 33% more than United States

Total tax rate > % of profit 46.3%
Ranked 63th.
61.1%
Ranked 29th. 32% more than United States

GDP > Current US$, % of GDP 103.57%
Ranked 12th. 4% more than Venezuela
100%
Ranked 116th.

GNI > Constant 2000 US$ per capita $46,084.41
Ranked 6th. 7 times more than Venezuela
$6,208.16
Ranked 42nd.

Tax revenue > % of GDP 8.46%
Ranked 4th.
15.51%
Ranked 57th. 83% more than United States

Taxes on international trade > % of revenue 0.99%
Ranked 4th.
4.95%
Ranked 42nd. 5 times more than United States

Grants and other revenue > Current LCU 116.63 billion
Ranked 1st. 3 times more than Venezuela
36.88 billion
Ranked 34th.

Revenue > Excluding grants > Current LCU 2.27 trillion
Ranked 1st. 26 times more than Venezuela
85.94 billion
Ranked 53th.

Social security contributions > Current LCU 944.24 billion
Ranked 1st. 500 times more than Venezuela
1.89 billion
Ranked 54th.

Taxes on income > Profits and capital gains including income tax > % of total taxes 90.15%
Ranked 1st. 2 times more than Venezuela
39.1%
Ranked 34th.

Taxes on income, profits and capital gains > % of total taxes 92.26%
Ranked 1st. 2 times more than Venezuela
39.1%
Ranked 43th.

Taxes on income, profits and capital gains > % of revenue 54.89%
Ranked 3rd. 3 times more than Venezuela
21.46%
Ranked 53th.

Taxes on income > Profits and capital gains > % of revenue 55.26%
Ranked 2nd. 3 times more than Venezuela
21.46%
Ranked 28th.

GNI > Constant 2000 US$ $14.47 trillion
Ranked 2nd. 78 times more than Venezuela
$185.96 billion
Ranked 34th.

Taxes on goods and services > Current LCU 72.54 billion
Ranked 1st. 3 times more than Venezuela
21.43 billion
Ranked 56th.

Customs and other import duties > % of tax revenue 2.02%
Ranked 49th.
9.01%
Ranked 34th. 4 times more than United States

Grants and other revenue > % of revenue 5.14%
Ranked 5th.
42.91%
Ranked 8th. 8 times more than United States

Taxes on goods and services > % of revenue 3.2%
Ranked 4th.
24.94%
Ranked 67th. 8 times more than United States

Net taxes on products > Current US$ > Per capita 2.76 million$ per 1,000 people
Ranked 16th. 6 times more than Venezuela
437,445.54$ per 1,000 people
Ranked 46th.

Social contributions > % of revenue 37.36%
Ranked 9th. 17 times more than Venezuela
2.2%
Ranked 55th.

GDP growth > Annual % 2.78%
Ranked 105th.
5.63%
Ranked 44th. 2 times more than United States

GDP per capita > Current LCU 51,748.56
Ranked 98th.
54,597.33
Ranked 94th. 6% more than United States

Revenue, excluding grants > % of GDP 16.36%
Ranked 87th.
28.26%
Ranked 52nd. 73% more than United States

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; KPMG's Corporate and Indirect Tax Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; KPMG's Individual Income Tax and Social Security Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; World Bank, Doing Business project (http://www.doingbusiness.org/).; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Government Finance Statistics Yearbook and data files.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates. World Bank World Development Indicators.

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