Final consumption expenditure in Venezuela
Venezuela: Final consumption expenditure was -3.0% in 2025. ◆ Volatile
Final consumption expenditure in Venezuela, 1962–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Venezuela recorded -3.0% for final consumption expenditure in 2025.
That represents a change of down 147.0% on the previous year and up 62.0% over ten years.
Over the whole period, final consumption expenditure in Venezuela peaked at 27.9% in 1975 and was at its lowest, -33.2%, in 2019.
Venezuela ranks 170th of 175 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Venezuela, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1962 | 2.2% | — |
| 1963 | 5.3% | +142.0% |
| 1964 | 8.5% | +61.5% |
| 1965 | 7.5% | -11.7% |
| 1966 | 4.5% | -40.1% |
| 1967 | 3.4% | -24.9% |
| 1968 | 6.8% | +102.0% |
| 1969 | 5.4% | -21.0% |
| 1970 | 6.2% | +14.9% |
| 1971 | 3.8% | -38.2% |
| 1972 | 5.9% | +55.0% |
| 1973 | 6.7% | +13.6% |
| 1974 | -13.4% | -298.7% |
| 1975 | 27.9% | -308.4% |
| 1976 | 15.6% | -44.3% |
| 1977 | 11.0% | -29.3% |
| 1978 | 6.4% | -41.8% |
| 1979 | 1.3% | -80.5% |
| 1980 | 8.3% | +567.4% |
| 1981 | 3.8% | -54.5% |
| 1982 | 7.6% | +99.7% |
| 1983 | -8.4% | -211.3% |
| 1984 | 2.2% | -125.7% |
| 1985 | 0.7% | -69.3% |
| 1986 | 2.9% | +333.0% |
| 1987 | 5.1% | +77.3% |
| 1988 | 6.6% | +28.6% |
| 1989 | -10.9% | -265.9% |
| 1990 | 3.2% | -129.3% |
| 1991 | 9.1% | +184.6% |
| 1992 | 6.9% | -24.5% |
| 1993 | -0.7% | -110.6% |
| 1994 | -4.7% | +538.3% |
| 1995 | 1.2% | -125.4% |
| 1996 | -4.9% | -512.4% |
| 1997 | 10.8% | -321.0% |
| 1998 | 0.8% | -92.4% |
| 1999 | -2.9% | -449.7% |
| 2000 | 4.6% | -260.3% |
| 2001 | 6.2% | +34.4% |
| 2002 | -6.2% | -200.9% |
| 2003 | -2.3% | -63.3% |
| 2004 | 15.2% | -765.3% |
| 2005 | 14.6% | -3.6% |
| 2006 | 14.3% | -2.6% |
| 2007 | 16.3% | +14.1% |
| 2008 | 6.0% | -63.0% |
| 2009 | -2.1% | -134.4% |
| 2010 | -1.1% | -48.2% |
| 2011 | 4.4% | -510.7% |
| 2012 | 6.9% | +55.6% |
| 2013 | 4.4% | -35.3% |
| 2014 | -2.5% | -157.4% |
| 2015 | -8.0% | +213.6% |
| 2016 | -18.3% | +129.5% |
| 2017 | -14.1% | -23.2% |
| 2018 | -17.2% | +22.3% |
| 2019 | -33.2% | +92.9% |
| 2020 | -26.9% | -18.9% |
| 2021 | 12.8% | -147.5% |
| 2022 | 6.7% | -47.6% |
| 2023 | 6.3% | -6.3% |
| 2024 | 6.5% | +2.6% |
| 2025 | -3.0% | -147.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.4% | 2.2% | 8.5% | 8 |
| 1970s | 7.2% | -13.4% | 27.9% | 10 |
| 1980s | 1.8% | -10.9% | 8.3% | 10 |
| 1990s | 1.9% | -4.9% | 10.8% | 10 |
| 2000s | 6.7% | -6.2% | 16.3% | 10 |
| 2010s | -7.9% | -33.2% | 6.9% | 10 |
| 2020s | 0.4% | -26.9% | 12.8% | 6 |
Countries ranked near Venezuela
- 167 Mozambique -2.1% compare
- 168 United States Virgin Islands -2.2% compare
- 169 Marshall Islands -2.7% compare
- 171 Samoa -3.9% compare
- 172 Qatar -3.9% compare
- 173 Lebanon -4.0% compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -100 % change on previous year (1991)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Gross value added at basic prices (GVA) (current LCU), per capita 0 current LCU per person (2011)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -3.26 % change on previous year (2014)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.2184 constant LCU per US$ of GDP (2014)
- Gross value added at basic prices (GVA) (constant LCU), per capita 1,551 constant LCU per person (2014)
- GDP (current US$), annual growth rate -17.34 % change on previous year (2025)
- GDP (current US$), per capita 3,495 current US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure in Venezuela?
- Final consumption expenditure in Venezuela was -3.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Venezuela?
- The highest recorded value was 27.9% in 1975.
- What is the lowest final consumption expenditure recorded in Venezuela?
- The lowest recorded value was -33.2% in 2019.
- How does Venezuela rank for final consumption expenditure?
- Venezuela ranks 170th out of 175 countries with data for 2025.
- Is final consumption expenditure rising or falling in Venezuela?
- Over the last ten years it is up 62.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.