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 177 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 | constant LCU | Change |
|---|---|---|
| 1961 | 5.78 billion constant LCU | — |
| 1962 | 5.91 billion constant LCU | +2.2% |
| 1963 | 6.22 billion constant LCU | +5.3% |
| 1964 | 6.75 billion constant LCU | +8.5% |
| 1965 | 7.25 billion constant LCU | +7.5% |
| 1966 | 7.58 billion constant LCU | +4.5% |
| 1967 | 7.84 billion constant LCU | +3.4% |
| 1968 | 8.37 billion constant LCU | +6.8% |
| 1969 | 8.82 billion constant LCU | +5.4% |
| 1970 | 9.37 billion constant LCU | +6.2% |
| 1971 | 9.73 billion constant LCU | +3.8% |
| 1972 | 10.31 billion constant LCU | +5.9% |
| 1973 | 11.00 billion constant LCU | +6.7% |
| 1974 | 9.53 billion constant LCU | -13.4% |
| 1975 | 12.19 billion constant LCU | +27.9% |
| 1976 | 14.09 billion constant LCU | +15.6% |
| 1977 | 15.64 billion constant LCU | +11.0% |
| 1978 | 16.64 billion constant LCU | +6.4% |
| 1979 | 16.85 billion constant LCU | +1.3% |
| 1980 | 18.26 billion constant LCU | +8.3% |
| 1981 | 18.95 billion constant LCU | +3.8% |
| 1982 | 20.39 billion constant LCU | +7.6% |
| 1983 | 18.67 billion constant LCU | -8.4% |
| 1984 | 19.08 billion constant LCU | +2.2% |
| 1985 | 19.20 billion constant LCU | +0.7% |
| 1986 | 19.76 billion constant LCU | +2.9% |
| 1987 | 20.77 billion constant LCU | +5.1% |
| 1988 | 22.14 billion constant LCU | +6.6% |
| 1989 | 19.72 billion constant LCU | -10.9% |
| 1990 | 20.35 billion constant LCU | +3.2% |
| 1991 | 22.21 billion constant LCU | +9.1% |
| 1992 | 23.73 billion constant LCU | +6.9% |
| 1993 | 23.56 billion constant LCU | -0.7% |
| 1994 | 22.46 billion constant LCU | -4.7% |
| 1995 | 22.73 billion constant LCU | +1.2% |
| 1996 | 21.62 billion constant LCU | -4.9% |
| 1997 | 23.95 billion constant LCU | +10.8% |
| 1998 | 24.14 billion constant LCU | +0.8% |
| 1999 | 23.45 billion constant LCU | -2.9% |
| 2000 | 24.53 billion constant LCU | +4.6% |
| 2001 | 26.04 billion constant LCU | +6.2% |
| 2002 | 24.42 billion constant LCU | -6.2% |
| 2003 | 23.86 billion constant LCU | -2.3% |
| 2004 | 27.49 billion constant LCU | +15.2% |
| 2005 | 31.51 billion constant LCU | +14.6% |
| 2006 | 36.00 billion constant LCU | +14.3% |
| 2007 | 41.86 billion constant LCU | +16.3% |
| 2008 | 44.38 billion constant LCU | +6.0% |
| 2009 | 43.46 billion constant LCU | -2.1% |
| 2010 | 42.99 billion constant LCU | -1.1% |
| 2011 | 44.89 billion constant LCU | +4.4% |
| 2012 | 47.97 billion constant LCU | +6.9% |
| 2013 | 50.10 billion constant LCU | +4.4% |
| 2014 | 48.83 billion constant LCU | -2.5% |
| 2015 | 44.93 billion constant LCU | -8.0% |
| 2016 | 36.70 billion constant LCU | -18.3% |
| 2017 | 31.53 billion constant LCU | -14.1% |
| 2018 | 26.10 billion constant LCU | -17.2% |
| 2019 | 17.43 billion constant LCU | -33.2% |
| 2020 | 12.73 billion constant LCU | -26.9% |
| 2021 | 14.36 billion constant LCU | +12.8% |
| 2022 | 15.33 billion constant LCU | +6.7% |
| 2023 | 16.29 billion constant LCU | +6.3% |
| 2024 | 17.34 billion constant LCU | +6.5% |
| 2025 | 16.82 billion constant LCU | -3.0% |
Venezuela compared with similar countries
- Venezuela's 16.82 billion constant LCU is below the median for lower middle income countries, which is 679.34 billion constant LCU, 2% of the median. (44 countries reporting)
- Venezuela's 16.82 billion constant LCU is below the median for Latin America & Caribbean, which is 386.10 billion constant LCU, 4% 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% | 26.10 billion constant LCU | 17.43 billion constant LCU |
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
- 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 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 177 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.
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 varies by country. This series is expressed in local currency units.