NI · AmericasVE · Americas

Nicaragua vs Venezuela: tax rates compared

Between the two, Venezuela's income tax rate (34%) tops Nicaragua's (30%) by 4pp. The 200-country average is 28%: both sit above it.

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

0102030405060Income30%34%Corporate30%34%VAT15%16%Capital Gains1%15%Wealth Tax0%0.3%
five shared taxes, side by side
Tax NI VEDifference
Income Tax30%34%VE +4 pp
Corporate Tax30%34%VE +4 pp
VAT15%16%VE +1 pp
Capital Gains Tax15%1%NI +14 pplargest gap
Wealth Tax0%0.3%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Nicaragua30%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference−4 ppVenezuela higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nicaragua30%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−4 ppVenezuela higher

Between the two, Venezuela's corporate tax rate (34%) tops Nicaragua's (30%) by 4pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nicaragua15%Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference−1 ppVenezuela higher

Between the two, Venezuela's VAT rate (16%) tops Nicaragua's (15%) by 1pp. The 181-country average is 15%: Nicaragua matches the world average, Venezuela sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Nicaragua15%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference+14 ppNicaragua higher

Between the two, Nicaragua's capital gains tax rate (15%) tops Venezuela's (1%) by 14pp. The 175-country average is 10.3%: Nicaragua sits above it, Venezuela sits below it. Nicaragua's figure is dated 2025-10-01 and Venezuela's 2026-01-12, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference−0.3 ppVenezuela higher

Between the two, Venezuela's wealth tax rate (0.3%) tops Nicaragua's (0%) by 0.3pp. The 193-country average is 0.1%: Nicaragua sits below it, Venezuela sits above it.

Not covered for both countries yet: Crypto Tax.