VE · AmericasVN · Asia

Venezuela vs Vietnam: tax rates compared

Between the two, Vietnam's income tax rate (35%) tops Venezuela's (34%) by 1pp. 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

0102030405060Income34%35%Corporate20%34%VAT10%16%Capital Gains0.1%1%Wealth Tax0%0.3%
five shared taxes, side by side
Tax VE VNDifference
Income Tax34%35%VN +1 pp
Corporate Tax34%20%VE +14 pplargest gap
VAT16%10%VE +6 pp
Capital Gains Tax1%0.1%VE +0.9 pp
Wealth Tax0.3%0%VE +0.3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−1 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Vietnam20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+14 ppVenezuela higher

Between the two, Venezuela's corporate tax rate (34%) tops Vietnam's (20%) by 14pp. The 201-country average is 22.6%: Venezuela sits above it, Vietnam sits below it.

VAT

VAT, side by side
CountryRateSource
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference+6 ppVenezuela higher

Between the two, Venezuela's VAT rate (16%) tops Vietnam's (10%) by 6pp. The 181-country average is 15%: Venezuela sits above it, Vietnam sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference+0.9 ppVenezuela higher

Between the two, Venezuela's capital gains tax rate (1%) tops Vietnam's (0.1%) by 0.9pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference+0.3 ppVenezuela higher

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

Not covered for both countries yet: Crypto Tax.