Final consumption expenditure in Venezuela
Venezuela: Final consumption expenditure was 16.82 billion constant LCU in 2025. ◆ Volatile
Final consumption expenditure in Venezuela, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for final consumption expenditure in Venezuela is 16.82 billion constant LCU, 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 50.10 billion constant LCU in 2013 and was at its lowest, 5.78 billion constant LCU, in 1961.
Venezuela ranks 151st of 176 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.17 billion constant LCU | 5.78 billion constant LCU | 8.82 billion constant LCU | 9 |
| 1970s | 12.54 billion constant LCU | 9.37 billion constant LCU | 16.85 billion constant LCU | 10 |
| 1980s | 19.69 billion constant LCU | 18.26 billion constant LCU | 22.14 billion constant LCU | 10 |
| 1990s | 22.82 billion constant LCU | 20.35 billion constant LCU | 24.14 billion constant LCU | 10 |
| 2000s | 32.36 billion constant LCU | 23.86 billion constant LCU | 44.38 billion constant LCU | 10 |
| 2010s | 39.15 billion constant LCU | 17.43 billion constant LCU | 50.10 billion constant LCU | 10 |
| 2020s | 15.48 billion constant LCU | 12.73 billion constant LCU | 17.34 billion constant LCU | 6 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- Inflation of consumer prices 254.95 (2016)
- External balance on goods and services as a percent of gdp 4.79 (2025)
- Gross fixed capital formation 2.15 billion constant 2015 US$ (2025)
- Exports of goods and services 4.4% (2025)
- Discrepancy in expenditure estimate of GDP -2.90 million current LCU (2025)
- Exports of goods and services 14.9% (2025)
- GDP deflator 97,055 base year varies by country (2025)
- Inflation, GDP deflator 227.1% (2025)
- Gross fixed capital formation 4.56 billion current US$ (2025)
- Gross fixed capital formation 754.41 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Venezuela?
- Final consumption expenditure in Venezuela was 16.82 billion constant LCU 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 50.10 billion constant LCU in 2013.
- What is the lowest final consumption expenditure recorded in Venezuela?
- The lowest recorded value was 5.78 billion constant LCU in 1961.
- How does Venezuela rank for final consumption expenditure?
- Venezuela ranks 151st out of 176 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 LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.