Food expenditure share gdp in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Food expenditure share gdp was 51.95 in 2023. ▲ Rising
Latest (2023)
51.95
Change on year
up 181.6%
World rank
4th
of 104 countries
All-time high
51.95
in 2023
All-time low
18.45
in 2022
Years of data
7
2017–2023
Food expenditure share gdp in Venezuela, Bolivarian Republic of, 2017–2023
Source: Our World in Data.
Analysis
The most recent figure for food expenditure share gdp in Venezuela, Bolivarian Republic of is 51.95, measured in 2023. That is the highest value across all 7 years on record.
The figure is up 181.6% on the previous year and up 169.6% over ten years.
That places Venezuela, Bolivarian Republic of 4th out of 104 countries with data for 2023, putting it in the top 10%.
Food expenditure share gdp in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 19.27 | — |
| 2018 | 19.1 | -0.9% |
| 2019 | 18.94 | -0.8% |
| 2020 | 18.77 | -0.9% |
| 2021 | 18.61 | -0.9% |
| 2022 | 18.45 | -0.9% |
| 2023 | 51.95 | +181.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.1 | 18.94 | 19.27 | 3 |
| 2020s | 26.95 | 18.45 | 51.95 | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
- 1 Nigeria 59.35 compare
- 2 Myanmar 53.94 compare
- 3 Bangladesh 52.77 compare
- 5 Lao People's Democratic Republic 50.47 compare
- 6 Kazakhstan 50.44 compare
- 7 Angola 50.01 compare
More economy & growth data for Venezuela, Bolivarian Republic of
- 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)
- GDP (constant 2015 US$), annual growth rate 1.57 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.4346 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,519 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.57 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.1705 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 595.79 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -26.74 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1072 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is food expenditure share gdp in Venezuela, Bolivarian Republic of?
- Food expenditure share gdp in Venezuela, Bolivarian Republic of was 51.95 in 2023, according to Our World in Data.
- What is the highest food expenditure share gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 51.95 in 2023.
- What is the lowest food expenditure share gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 18.45 in 2022.
- How does Venezuela, Bolivarian Republic of rank for food expenditure share gdp?
- Venezuela, Bolivarian Republic of ranks 4th out of 104 countries with data for 2023.
- Is food expenditure share gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 169.6%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Our World in Data, published as part of Food expenditure share gdp. Statizoid updates them automatically from the source API.
Download this data
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