Final consumption expenditure in Venezuela
Venezuela: Final consumption expenditure was 14.72 trillion current LCU in 2025. ◆ Volatile
Final consumption expenditure in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, final consumption expenditure in Venezuela stood at 14.72 trillion current LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 237.4% on the previous year and up 23,367,900,000,000.0% over ten years.
Over the whole period, final consumption expenditure in Venezuela peaked at 14.72 trillion current LCU in 2025 and was at its lowest, 0 current LCU, in 1991.
Venezuela ranks 48th of 188 countries on this measure, 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 | current LCU | Change |
|---|---|---|
| 1960 | 0.0002 current LCU | — |
| 1961 | 0.0002 current LCU | +0.5% |
| 1962 | 0.0002 current LCU | +9.5% |
| 1963 | 0.0002 current LCU | +8.4% |
| 1964 | 0.0003 current LCU | +10.0% |
| 1965 | 0.0003 current LCU | +10.4% |
| 1966 | 0.0003 current LCU | +5.8% |
| 1967 | 0.0003 current LCU | +4.5% |
| 1968 | 0.0003 current LCU | +7.7% |
| 1969 | 0.0004 current LCU | +4.3% |
| 1970 | 0.0004 current LCU | +3.6% |
| 1971 | 0.0004 current LCU | +9.8% |
| 1972 | 0.0004 current LCU | +11.8% |
| 1973 | 0.0005 current LCU | +13.4% |
| 1974 | 0.0006 current LCU | +27.2% |
| 1975 | 0.0008 current LCU | +25.6% |
| 1976 | 0.001 current LCU | +21.0% |
| 1977 | 0.0012 current LCU | +17.9% |
| 1978 | 0.0013 current LCU | +15.9% |
| 1979 | 0.0016 current LCU | +16.8% |
| 1980 | 0.0019 current LCU | +22.5% |
| 1981 | 0.0023 current LCU | +19.2% |
| 1982 | 0.0025 current LCU | +7.7% |
| 1983 | 0.0027 current LCU | +8.8% |
| 1984 | 0.0029 current LCU | +8.0% |
| 1985 | 0.0033 current LCU | +12.1% |
| 1986 | 0.0038 current LCU | +16.7% |
| 1987 | 0.005 current LCU | +33.1% |
| 1988 | 0.0067 current LCU | +32.3% |
| 1989 | 0.0109 current LCU | +62.6% |
| 1990 | 0.0156 current LCU | +43.3% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 0 current LCU | — |
| 1995 | 0 current LCU | — |
| 1996 | 0 current LCU | — |
| 1997 | 0 current LCU | — |
| 1998 | 0 current LCU | — |
| 1999 | 0 current LCU | — |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
| 2012 | 11.8 current LCU | — |
| 2013 | 17.2 current LCU | +45.8% |
| 2014 | 27.6 current LCU | +60.5% |
| 2015 | 63 current LCU | +128.3% |
| 2016 | 247 current LCU | +292.1% |
| 2017 | 2,470 current LCU | +900.0% |
| 2018 | 4.12 million current LCU | +166661.1% |
| 2019 | 572.61 million current LCU | +13801.6% |
| 2020 | 12.73 billion current LCU | +2123.8% |
| 2021 | 165.99 billion current LCU | +1203.6% |
| 2022 | 553.59 billion current LCU | +233.5% |
| 2023 | 2.62 trillion current LCU | +373.5% |
| 2024 | 4.36 trillion current LCU | +66.4% |
| 2025 | 14.72 trillion current LCU | +237.4% |
Venezuela compared with similar countries
- Venezuela's 14.72 trillion current LCU is above the median for lower middle income countries, which is 1.32 trillion current LCU, 11.2× the median. (45 countries reporting)
- Venezuela's 14.72 trillion current LCU is above the median for Latin America & Caribbean, which is 894.29 billion current LCU, 16.5× the median. (28 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 |
|---|---|---|---|
| 2018 | +166661.1% | 2,470 current LCU | 4.12 million current LCU |
| 2019 | +13801.6% | 4.12 million current LCU | 572.61 million current LCU |
| 2020 | +2123.8% | 572.61 million current LCU | 12.73 billion current LCU |
| 2021 | +1203.6% | 12.73 billion current LCU | 165.99 billion current LCU |
| 2017 | +900.0% | 247 current LCU | 2,470 current LCU |
| 2023 | +373.5% | 553.59 billion current LCU | 2.62 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0003 current LCU | 0.0002 current LCU | 0.0004 current LCU | 10 |
| 1970s | 0.0008 current LCU | 0.0004 current LCU | 0.0016 current LCU | 10 |
| 1980s | 0.0042 current LCU | 0.0019 current LCU | 0.0109 current LCU | 10 |
| 1990s | 0.0016 current LCU | 0 current LCU | 0.0156 current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2010s | 57.67 million current LCU | 0 current LCU | 572.61 million current LCU | 10 |
| 2020s | 3.74 trillion current LCU | 12.73 billion current LCU | 14.72 trillion current 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 14.72 trillion current 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 14.72 trillion current LCU in 2025.
- What is the lowest final consumption expenditure recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1991.
- How does Venezuela rank for final consumption expenditure?
- Venezuela ranks 48th out of 188 countries with data for 2025.
- Is final consumption expenditure rising or falling in Venezuela?
- Over the last ten years it is up 23,367,900,000,000.0%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.