NO · Europe ↔ VE · Americas

Norway vs Venezuela: tax rates compared

Venezuela has a corporate tax rate of 34%, 12pp above Norway's 22%. The 201-country average is 22.6%: Norway sits below it, Venezuela sits above it.

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

Corporate Tax

0102030405060World avg 22.6%NO 22%VE 34%
Corporate Tax, side by side
CountryRateSource
Norway22%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−12 ppVenezuela higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%NO 1.1%VE 0.3%
Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference+0.8 ppNorway higher

Norway has a wealth tax rate of 1.1%, 0.8pp above Venezuela's 0.3%. The 193-country average is 0.1%: both sit above it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.