NR · OceaniaVE · Americas
Nauru vs Venezuela: tax rates compared
Venezuela's income tax rate is 14pp higher than Nauru's (34% vs 20%). The 200-country average is 28%: Nauru sits below it, Venezuela sits above it. Nauru's figure is dated 2023-07-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | NR | VE | Difference |
|---|---|---|---|
| Income Tax | 20% | 34% | VE +14 pp |
| Corporate Tax | 25% | 34% | VE +9 pp |
| VAT | 0% | 16% | VE +16 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Nauru | 20% | Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −14 pp | Venezuela higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Nauru | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Venezuela | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9 pp | Venezuela higher |
Venezuela's corporate tax rate is 9pp higher than Nauru's (34% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Nauru | 0% | Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-19 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −16 pp | Venezuela higher |
Venezuela's VAT rate is 16pp higher than Nauru's (16% vs 0%). The 181-country average is 15%: Nauru sits below it, Venezuela sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Nauru | 0% | Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-18 |
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Difference | −0.3 pp | Venezuela higher |
Venezuela's wealth tax rate is 0.3pp higher than Nauru's (0.3% vs 0%). The 193-country average is 0.1%: Nauru sits below it, Venezuela sits above it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.