FI · EuropeVE · Americas

Finland vs Venezuela: tax rates compared

Finland's income tax rate is 17.8pp higher than Venezuela's (51.8% vs 34%). The 200-country average is 28%: both sit above it. Finland's figure is dated 2025-01-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income34%51.8%Corporate20%34%VAT16%25.5%Capital Gains1%34%Wealth Tax0%0.3%
five shared taxes, side by side
Tax FI VEDifference
Income Tax51.8%34%FI +17.8 pp
Corporate Tax20%34%VE +14 pp
VAT25.5%16%FI +9.5 pp
Capital Gains Tax34%1%FI +33 pplargest gap
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Finland51.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference+17.8 ppFinland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Finland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14 ppVenezuela higher

Venezuela's corporate tax rate is 14pp higher than Finland's (34% vs 20%). The 201-country average is 22.6%: Finland sits below it, Venezuela sits above it.

VAT

VAT, side by side
CountryRateSource
Finland25.5%Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference+9.5 ppFinland higher

Finland's VAT rate is 9.5pp higher than Venezuela's (25.5% vs 16%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Finland34%Source: PwC Worldwide Tax Summaries — Finland, Individual - Income determination · as of 2026-06-24
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference+33 ppFinland higher

Finland's capital gains tax rate is 33pp higher than Venezuela's (34% vs 1%). The 175-country average is 10.3%: Finland sits above it, Venezuela sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Finland0%Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference−0.3 ppVenezuela higher

Venezuela's wealth tax rate is 0.3pp higher than Finland's (0.3% vs 0%). The 193-country average is 0.1%: Finland sits below it, Venezuela sits above it.

Not covered for both countries yet: Crypto Tax.