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The monthly minimum wage in Venezuela is 4 USD. Venezuela has a public debt equivalent to 49% of the country's gross domestic product (GDP), estimated in 2012. In terms of consumer prices, Venezuela's inflation rate is 56.2%. The currency of Venezuela is the Venezuelan Bolivar Soberano. There are several plural forms of the name "Venezuelan bolivar soberano". These are bolivars, bolivars. The symbol used for this currency is Bs.S. and is abbreviated as VEF. The Venezuelan bolivar soberano is subdivided into centimos; There are 100 in a Bolivar Soberano. Every year, consumers spend around $241,705 million. The ratio of consumer spending to GDP in Venezuela is 0.07%, and the ratio of consumer spending to world consumer market is 56%. Corporate income tax in Venezuela is 34%. Personal income tax ranges from 6% to 34% depending on your specific situation and income level. VAT in Venezuela is 12%. In 2013, Venezuela received US$48.1 million in foreign aid. In 2014, foreign aid totaled $44.8 million.

Gross domestic product
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Venezuela is US$540.898 billion. The gross domestic product (GDP) per capita calculated in Purchasing Power Parity (PPP) in Venezuela was last seen at $16,704,064. PPP in Venezuela is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Venezuela is 371,339 billion. Based on this statistic, Venezuela is considered as a large economy. Countries with large economies support a variety of industries and businesses and offer numerous opportunities for investment. Large economies support a significant financial sector, making it easy to organize investments and financial transactions. It should be very easy to find good investment opportunities in Venezuela. The gross domestic product (GDP) per capita in Venezuela was last seen at $11,467,727. The average citizen in Venezuela has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Venezuela averaged -3% in 2014. According to this percentage, Venezuela is currently experiencing a significant decline. Countries experiencing significant declines could see dramatic declines in personal consumption, employment rates and personal income. A significant drop in GDP should warn investors that this location is high risk and should not be considered a safe place to invest.