Food expenditure vs gdp in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Food expenditure vs gdp was 693.49 in 2023. ◆ Volatile
Latest (2023)
693.49
Change on year
up 801.9%
World rank
89th
of 104 countries
All-time high
693.49
in 2023
All-time low
1.61
in 2019
Years of data
7
2017–2023
Food expenditure vs gdp in Venezuela, Bolivarian Republic of, 2017–2023
Source: Our World in Data.
Analysis
Venezuela, Bolivarian Republic of recorded 693.49 for food expenditure vs gdp in 2023. That is the highest value across all 7 years on record.
That represents a change of up 801.9% on the previous year and up 140.3% over ten years.
Venezuela, Bolivarian Republic of ranks 89th of 104 countries on this measure, in the bottom quarter.
Food expenditure vs gdp in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 288.6 | — |
| 2018 | 95.4 | -66.9% |
| 2019 | 1.61 | -98.3% |
| 2020 | 27.34 | +1600.0% |
| 2021 | 46.67 | +70.7% |
| 2022 | 76.89 | +64.7% |
| 2023 | 693.49 | +801.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 128.54 | 1.61 | 288.6 | 3 |
| 2020s | 211.1 | 27.34 | 693.49 | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
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)
- 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)
- Gross domestic savings (current US$), per capita 374.71 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 194.46 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 17.74 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 62,000 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 0.9747 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is food expenditure vs gdp in Venezuela, Bolivarian Republic of?
- Food expenditure vs gdp in Venezuela, Bolivarian Republic of was 693.49 in 2023, according to Our World in Data.
- What is the highest food expenditure vs gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 693.49 in 2023.
- What is the lowest food expenditure vs gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 1.61 in 2019.
- How does Venezuela, Bolivarian Republic of rank for food expenditure vs gdp?
- Venezuela, Bolivarian Republic of ranks 89th out of 104 countries with data for 2023.
- Is food expenditure vs gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 140.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Our World in Data, published as part of Food expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).