Final consumption expenditure in Venezuela
Venezuela: Final consumption expenditure was 27.86 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
27.86 billion constant 2015 US$
Change on year
down 3.0%
World rank
97th
of 172 countries
All-time high
83.01 billion constant 2015 US$
in 2013
All-time low
9.58 billion constant 2015 US$
in 1961
Years of data
65
1961–2025
Final consumption expenditure in Venezuela, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for final consumption expenditure in Venezuela is 27.86 billion constant 2015 US$, measured in 2025.
That represents a change of down 3.0% on the previous year and down 62.6% over ten years.
Over the whole period, final consumption expenditure in Venezuela peaked at 83.01 billion constant 2015 US$ in 2013 and was at its lowest, 9.58 billion constant 2015 US$, in 1961.
That places Venezuela 97th out of 172 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Venezuela, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1961 | 9.58 billion constant 2015 US$ | — |
| 1962 | 9.79 billion constant 2015 US$ | +2.2% |
| 1963 | 10.30 billion constant 2015 US$ | +5.3% |
| 1964 | 11.18 billion constant 2015 US$ | +8.5% |
| 1965 | 12.02 billion constant 2015 US$ | +7.5% |
| 1966 | 12.56 billion constant 2015 US$ | +4.5% |
| 1967 | 12.98 billion constant 2015 US$ | +3.4% |
| 1968 | 13.87 billion constant 2015 US$ | +6.8% |
| 1969 | 14.62 billion constant 2015 US$ | +5.4% |
| 1970 | 15.53 billion constant 2015 US$ | +6.2% |
| 1971 | 16.12 billion constant 2015 US$ | +3.8% |
| 1972 | 17.08 billion constant 2015 US$ | +5.9% |
| 1973 | 18.23 billion constant 2015 US$ | +6.7% |
| 1974 | 15.79 billion constant 2015 US$ | -13.4% |
| 1975 | 20.20 billion constant 2015 US$ | +27.9% |
| 1976 | 23.34 billion constant 2015 US$ | +15.6% |
| 1977 | 25.92 billion constant 2015 US$ | +11.0% |
| 1978 | 27.58 billion constant 2015 US$ | +6.4% |
| 1979 | 27.92 billion constant 2015 US$ | +1.3% |
| 1980 | 30.26 billion constant 2015 US$ | +8.3% |
| 1981 | 31.40 billion constant 2015 US$ | +3.8% |
| 1982 | 33.78 billion constant 2015 US$ | +7.6% |
| 1983 | 30.93 billion constant 2015 US$ | -8.4% |
| 1984 | 31.61 billion constant 2015 US$ | +2.2% |
| 1985 | 31.82 billion constant 2015 US$ | +0.7% |
| 1986 | 32.74 billion constant 2015 US$ | +2.9% |
| 1987 | 34.41 billion constant 2015 US$ | +5.1% |
| 1988 | 36.68 billion constant 2015 US$ | +6.6% |
| 1989 | 32.67 billion constant 2015 US$ | -10.9% |
| 1990 | 33.72 billion constant 2015 US$ | +3.2% |
| 1991 | 36.79 billion constant 2015 US$ | +9.1% |
| 1992 | 39.32 billion constant 2015 US$ | +6.9% |
| 1993 | 39.04 billion constant 2015 US$ | -0.7% |
| 1994 | 37.22 billion constant 2015 US$ | -4.7% |
| 1995 | 37.66 billion constant 2015 US$ | +1.2% |
| 1996 | 35.82 billion constant 2015 US$ | -4.9% |
| 1997 | 39.68 billion constant 2015 US$ | +10.8% |
| 1998 | 40.01 billion constant 2015 US$ | +0.8% |
| 1999 | 38.86 billion constant 2015 US$ | -2.9% |
| 2000 | 40.64 billion constant 2015 US$ | +4.6% |
| 2001 | 43.15 billion constant 2015 US$ | +6.2% |
| 2002 | 40.46 billion constant 2015 US$ | -6.2% |
| 2003 | 39.54 billion constant 2015 US$ | -2.3% |
| 2004 | 45.55 billion constant 2015 US$ | +15.2% |
| 2005 | 52.21 billion constant 2015 US$ | +14.6% |
| 2006 | 59.65 billion constant 2015 US$ | +14.3% |
| 2007 | 69.36 billion constant 2015 US$ | +16.3% |
| 2008 | 73.53 billion constant 2015 US$ | +6.0% |
| 2009 | 72.01 billion constant 2015 US$ | -2.1% |
| 2010 | 71.24 billion constant 2015 US$ | -1.1% |
| 2011 | 74.38 billion constant 2015 US$ | +4.4% |
| 2012 | 79.48 billion constant 2015 US$ | +6.9% |
| 2013 | 83.01 billion constant 2015 US$ | +4.4% |
| 2014 | 80.90 billion constant 2015 US$ | -2.5% |
| 2015 | 74.44 billion constant 2015 US$ | -8.0% |
| 2016 | 60.80 billion constant 2015 US$ | -18.3% |
| 2017 | 52.24 billion constant 2015 US$ | -14.1% |
| 2018 | 43.24 billion constant 2015 US$ | -17.2% |
| 2019 | 28.88 billion constant 2015 US$ | -33.2% |
| 2020 | 21.10 billion constant 2015 US$ | -26.9% |
| 2021 | 23.80 billion constant 2015 US$ | +12.8% |
| 2022 | 25.39 billion constant 2015 US$ | +6.7% |
| 2023 | 26.99 billion constant 2015 US$ | +6.3% |
| 2024 | 28.73 billion constant 2015 US$ | +6.5% |
| 2025 | 27.86 billion constant 2015 US$ | -3.0% |
Venezuela compared with similar countries
- Venezuela's 27.86 billion constant 2015 US$ is above the median for lower middle income countries, which is 16.69 billion constant 2015 US$, 1.7× the median. (43 countries reporting)
- Venezuela's 27.86 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 57.58 billion constant 2015 US$, 48% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -33.2% | 43.24 billion constant 2015 US$ | 28.88 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.88 billion constant 2015 US$ | 9.58 billion constant 2015 US$ | 14.62 billion constant 2015 US$ | 9 |
| 1970s | 20.77 billion constant 2015 US$ | 15.53 billion constant 2015 US$ | 27.92 billion constant 2015 US$ | 10 |
| 1980s | 32.63 billion constant 2015 US$ | 30.26 billion constant 2015 US$ | 36.68 billion constant 2015 US$ | 10 |
| 1990s | 37.81 billion constant 2015 US$ | 33.72 billion constant 2015 US$ | 40.01 billion constant 2015 US$ | 10 |
| 2000s | 53.61 billion constant 2015 US$ | 39.54 billion constant 2015 US$ | 73.53 billion constant 2015 US$ | 10 |
| 2010s | 64.86 billion constant 2015 US$ | 28.88 billion constant 2015 US$ | 83.01 billion constant 2015 US$ | 10 |
| 2020s | 25.65 billion constant 2015 US$ | 21.10 billion constant 2015 US$ | 28.73 billion constant 2015 US$ | 6 |
Countries ranked near Venezuela
- 94 Honduras 29.68 billion constant 2015 US$ compare
- 95 Sudan 29.48 billion constant 2015 US$ compare
- 96 El Salvador 28.17 billion constant 2015 US$ compare
- 98 Cambodia 27.09 billion constant 2015 US$ compare
- 99 Cyprus 25.23 billion constant 2015 US$ compare
- 100 Bahrain 25.12 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is final consumption expenditure in Venezuela?
- Final consumption expenditure in Venezuela was 27.86 billion constant 2015 US$ 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 83.01 billion constant 2015 US$ in 2013.
- What is the lowest final consumption expenditure recorded in Venezuela?
- The lowest recorded value was 9.58 billion constant 2015 US$ in 1961.
- How does Venezuela rank for final consumption expenditure?
- Venezuela ranks 97th out of 172 countries with data for 2025.
- Is final consumption expenditure rising or falling in Venezuela?
- Over the last ten years it is down 62.6%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.