Annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Annual growth of the general government final consumption expenditure was 0.6% in 2014. ◆ Volatile
Annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of), 2000–2014
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2014, annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of) stood at 0.6%.
The figure is down 80.8% on the previous year and down 95.5% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of) peaked at 14.2% in 2004 and was at its lowest, -2.5%, in 2002.
That places Venezuela (Bolivarian Republic of) 127th out of 181 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 6.9% | +65.7% |
| 2002 | -2.5% | -135.9% |
| 2003 | 5.7% | -329.3% |
| 2004 | 14.2% | +149.4% |
| 2005 | 10.7% | -25.1% |
| 2006 | 9.6% | -9.6% |
| 2007 | 13.8% | +42.9% |
| 2008 | 4.8% | -65.3% |
| 2009 | 1.5% | -67.8% |
| 2010 | 2.1% | +39.3% |
| 2011 | 5.9% | +176.1% |
| 2012 | 6.3% | +5.7% |
| 2013 | 3.3% | -46.6% |
| 2014 | 0.6% | -80.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.9% | -2.5% | 14.2% | 10 |
| 2010s | 3.7% | 0.6% | 6.3% | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 124 Costa Rica 0.7% compare
- 125 Colombia 0.7% compare
- 126 Democratic Republic of the Congo 0.7% compare
- 128 Bolivia (Plurinational State of) 0.6% compare
- 129 United Kingdom of Great Britain and Northern Ireland 0.5% compare
- 129 United Kingdom 0.5% compare
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Domestic Product — Value Standard Local Currency 1.97 million million SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,131 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 8.17 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -17.94 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -35.55 % (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of)?
- Annual growth of the general government final consumption expenditure in Venezuela (Bolivarian Republic of) was 0.6% in 2014, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 14.2% in 2004.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was -2.5% in 2002.
- How does Venezuela (Bolivarian Republic of) rank for annual growth of the general government final consumption expenditure?
- Venezuela (Bolivarian Republic of) ranks 127th out of 181 countries with data for 2014.
- Is annual growth of the general government final consumption expenditure rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 95.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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