VE · AmericasYE · Asia
Venezuela vs Yemen: tax rates compared
Venezuela has an income tax rate of 34%, 14pp above Yemen's 20%. The 200-country average is 28%: Venezuela sits above it, Yemen sits below it. Venezuela's figure is dated 2026-01-12 and Yemen's 2011-01-01, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | VE | YE | Difference |
|---|---|---|---|
| Income Tax | 34% | 20% | VE +14 pplargest gap |
| Corporate Tax | 34% | 20% | VE +14 pp |
| Wealth Tax | 0.3% | 0% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Yemen | 20% | Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01 |
| Difference | +14 pp | Venezuela higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Venezuela | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Yemen | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +14 pp | Venezuela higher |
Venezuela has a corporate tax rate of 34%, 14pp above Yemen's 20%. The 201-country average is 22.6%: Venezuela sits above it, Yemen sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Yemen | 0% | Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18 |
| Difference | +0.3 pp | Venezuela higher |
Venezuela has a wealth tax rate of 0.3%, 0.3pp above Yemen's 0%. The 193-country average is 0.1%: Venezuela sits above it, Yemen sits below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.