Final consumption expenditure in Venezuela
Venezuela: Final consumption expenditure was 88.98 billion current US$ in 2025. ◆ Volatile
Final consumption expenditure in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, final consumption expenditure in Venezuela stood at 88.98 billion current US$.
That represents a change of down 16.0% on the previous year and up 19.5% over ten years.
Over the whole period, final consumption expenditure in Venezuela peaked at 253.63 billion current US$ in 2012 and was at its lowest, 0 current US$, in 1991.
Venezuela ranks 68th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Venezuela, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 5.84 billion current US$ | — |
| 1961 | 5.87 billion current US$ | +0.5% |
| 1962 | 6.43 billion current US$ | +9.5% |
| 1963 | 6.97 billion current US$ | +8.4% |
| 1964 | 5.90 billion current US$ | -15.3% |
| 1965 | 6.30 billion current US$ | +6.7% |
| 1966 | 6.67 billion current US$ | +5.8% |
| 1967 | 6.97 billion current US$ | +4.5% |
| 1968 | 7.50 billion current US$ | +7.7% |
| 1969 | 7.83 billion current US$ | +4.3% |
| 1970 | 8.11 billion current US$ | +3.6% |
| 1971 | 9.11 billion current US$ | +12.3% |
| 1972 | 10.18 billion current US$ | +11.8% |
| 1973 | 11.81 billion current US$ | +16.0% |
| 1974 | 15.03 billion current US$ | +27.2% |
| 1975 | 18.88 billion current US$ | +25.6% |
| 1976 | 22.84 billion current US$ | +21.0% |
| 1977 | 26.94 billion current US$ | +17.9% |
| 1978 | 31.21 billion current US$ | +15.9% |
| 1979 | 36.46 billion current US$ | +16.8% |
| 1980 | 44.67 billion current US$ | +22.5% |
| 1981 | 53.25 billion current US$ | +19.2% |
| 1982 | 57.36 billion current US$ | +7.7% |
| 1983 | 62.43 billion current US$ | +8.8% |
| 1984 | 41.32 billion current US$ | -33.8% |
| 1985 | 43.34 billion current US$ | +4.9% |
| 1986 | 46.91 billion current US$ | +8.2% |
| 1987 | 34.80 billion current US$ | -25.8% |
| 1988 | 46.03 billion current US$ | +32.3% |
| 1989 | 31.29 billion current US$ | -32.0% |
| 1990 | 33.17 billion current US$ | +6.0% |
| 1991 | 0 current US$ | -100.0% |
| 1992 | 0 current US$ | — |
| 1993 | 0 current US$ | — |
| 1994 | 0 current US$ | — |
| 1995 | 0 current US$ | — |
| 1996 | 0 current US$ | — |
| 1997 | 0 current US$ | — |
| 1998 | 0 current US$ | — |
| 1999 | 0 current US$ | — |
| 2000 | 0 current US$ | — |
| 2001 | 0 current US$ | — |
| 2002 | 0 current US$ | — |
| 2003 | 0 current US$ | — |
| 2004 | 0 current US$ | — |
| 2005 | 0 current US$ | — |
| 2006 | 0 current US$ | — |
| 2007 | 0 current US$ | — |
| 2008 | 0 current US$ | — |
| 2009 | 0 current US$ | — |
| 2010 | 0 current US$ | — |
| 2011 | 0 current US$ | — |
| 2012 | 253.63 billion current US$ | — |
| 2013 | 182.23 billion current US$ | -28.2% |
| 2014 | 123.28 billion current US$ | -32.4% |
| 2015 | 74.44 billion current US$ | -39.6% |
| 2016 | 77.71 billion current US$ | +4.4% |
| 2017 | 82.26 billion current US$ | +5.9% |
| 2018 | 66.54 billion current US$ | -19.1% |
| 2019 | 41.57 billion current US$ | -37.5% |
| 2020 | 38.93 billion current US$ | -6.4% |
| 2021 | 50.77 billion current US$ | +30.4% |
| 2022 | 79.25 billion current US$ | +56.1% |
| 2023 | 88.70 billion current US$ | +11.9% |
| 2024 | 105.98 billion current US$ | +19.5% |
| 2025 | 88.98 billion current US$ | -16.0% |
Venezuela compared with similar countries
- Venezuela's 88.98 billion current US$ is above the median for lower middle income countries, which is 23.88 billion current US$, 3.7× the median. (45 countries reporting)
- Venezuela's 88.98 billion current US$ is above the median for Latin America & Caribbean, which is 60.45 billion current US$, 1.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -100.0% | 33.17 billion current US$ | 0 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.63 billion current US$ | 5.84 billion current US$ | 7.83 billion current US$ | 10 |
| 1970s | 19.06 billion current US$ | 8.11 billion current US$ | 36.46 billion current US$ | 10 |
| 1980s | 46.14 billion current US$ | 31.29 billion current US$ | 62.43 billion current US$ | 10 |
| 1990s | 3.32 billion current US$ | 0 current US$ | 33.17 billion current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 90.17 billion current US$ | 0 current US$ | 253.63 billion current US$ | 10 |
| 2020s | 75.43 billion current US$ | 38.93 billion current US$ | 105.98 billion current US$ | 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is final consumption expenditure in Venezuela?
- Final consumption expenditure in Venezuela was 88.98 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Venezuela?
- The highest recorded value was 253.63 billion current US$ in 2012.
- What is the lowest final consumption expenditure recorded in Venezuela?
- The lowest recorded value was 0 current US$ in 1991.
- How does Venezuela rank for final consumption expenditure?
- Venezuela ranks 68th 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 19.5%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.