General government final consumption expenditure (constant LCU) in Venezuela
Venezuela: General government final consumption expenditure (constant LCU) was 0.641 % change on previous year in 2014. ◆ Volatile
General government final consumption expenditure (constant LCU) in Venezuela, 1961–2014
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (constant lcu) in Venezuela is 0.641 % change on previous year, measured in 2014.
Compared with earlier readings it is down 80.8% on the previous year and down 95.5% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu) in Venezuela peaked at 58.27 % change on previous year in 1997 and was at its lowest, -16.96 % change on previous year, in 1974.
Venezuela ranks 130th of 174 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.
General government final consumption expenditure (constant LCU) in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -1.03 % change on previous year | — |
| 1962 | -2.12 % change on previous year | +105.3% |
| 1963 | 16.11 % change on previous year | -859.2% |
| 1964 | 2.67 % change on previous year | -83.4% |
| 1965 | 7.61 % change on previous year | +184.9% |
| 1966 | 8.97 % change on previous year | +17.9% |
| 1967 | 3.79 % change on previous year | -57.7% |
| 1968 | 8.9 % change on previous year | +134.5% |
| 1969 | 6.19 % change on previous year | -30.4% |
| 1970 | -0.9831 % change on previous year | -115.9% |
| 1971 | 14.02 % change on previous year | -1525.8% |
| 1972 | 4.02 % change on previous year | -71.3% |
| 1973 | 7.29 % change on previous year | +81.1% |
| 1974 | -16.96 % change on previous year | -332.8% |
| 1975 | 3.1 % change on previous year | -118.3% |
| 1976 | 15.02 % change on previous year | +385.0% |
| 1977 | 5.74 % change on previous year | -61.7% |
| 1978 | -3.46 % change on previous year | -160.2% |
| 1979 | 4.86 % change on previous year | -240.6% |
| 1980 | 3.66 % change on previous year | -24.7% |
| 1981 | 4.43 % change on previous year | +21.1% |
| 1982 | 3.88 % change on previous year | -12.5% |
| 1983 | -8.86 % change on previous year | -328.4% |
| 1984 | 3.99 % change on previous year | -145.1% |
| 1985 | -0.8313 % change on previous year | -120.8% |
| 1986 | 4.96 % change on previous year | -696.7% |
| 1987 | 4.59 % change on previous year | -7.4% |
| 1988 | 11.68 % change on previous year | +154.3% |
| 1989 | -7.99 % change on previous year | -168.4% |
| 1990 | 5.02 % change on previous year | -162.8% |
| 1991 | 15.15 % change on previous year | +202.1% |
| 1992 | -0.233 % change on previous year | -101.5% |
| 1993 | -5.22 % change on previous year | +2139.7% |
| 1994 | -5.88 % change on previous year | +12.8% |
| 1995 | 2.57 % change on previous year | -143.7% |
| 1996 | -7.57 % change on previous year | -394.4% |
| 1997 | 58.27 % change on previous year | -870.1% |
| 1998 | -3.06 % change on previous year | -105.2% |
| 1999 | -7.5 % change on previous year | +145.1% |
| 2000 | 4.18 % change on previous year | -155.8% |
| 2001 | 6.93 % change on previous year | +65.7% |
| 2002 | -2.49 % change on previous year | -135.9% |
| 2003 | 5.7 % change on previous year | -329.3% |
| 2004 | 14.22 % change on previous year | +149.4% |
| 2005 | 10.65 % change on previous year | -25.1% |
| 2006 | 9.62 % change on previous year | -9.6% |
| 2007 | 13.75 % change on previous year | +42.9% |
| 2008 | 4.78 % change on previous year | -65.3% |
| 2009 | 1.54 % change on previous year | -67.8% |
| 2010 | 2.14 % change on previous year | +39.3% |
| 2011 | 5.92 % change on previous year | +176.1% |
| 2012 | 6.26 % change on previous year | +5.7% |
| 2013 | 3.34 % change on previous year | -46.6% |
| 2014 | 0.641 % change on previous year | -80.8% |
Venezuela compared with similar countries
- Venezuela's 0.641 % change on previous year is below the median for lower middle income countries, which is 4.32 % change on previous year, 15% of the median. (44 countries reporting)
- Venezuela's 0.641 % change on previous year is below the median for Latin America & Caribbean, which is 1.42 % change on previous year, 45% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant LCU) 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 |
|---|---|---|---|
| 1993 | -2139.7% | -0.233 % change on previous year | -5.22 % change on previous year |
| 1971 | +1525.8% | -0.9831 % change on previous year | 14.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.68 % change on previous year | -2.12 % change on previous year | 16.11 % change on previous year | 9 |
| 1970s | 3.26 % change on previous year | -16.96 % change on previous year | 15.02 % change on previous year | 10 |
| 1980s | 1.95 % change on previous year | -8.86 % change on previous year | 11.68 % change on previous year | 10 |
| 1990s | 5.16 % change on previous year | -7.57 % change on previous year | 58.27 % change on previous year | 10 |
| 2000s | 6.89 % change on previous year | -2.49 % change on previous year | 14.22 % change on previous year | 10 |
| 2010s | 3.66 % change on previous year | 0.641 % change on previous year | 6.26 % change on previous year | 5 |
Countries ranked near Venezuela
- 127 Turkey 0.8303 % change on previous year compare
- 128 Sweden 0.7404 % change on previous year compare
- 129 Uzbekistan 0.684 % change on previous year
- 131 Thailand 0.604 % change on previous year compare
- 132 Bolivia 0.5784 % change on previous year compare
- 133 Italy 0.5684 % change on previous year compare
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 general government final consumption expenditure (constant lcu) in Venezuela?
- General government final consumption expenditure (constant lcu) in Venezuela was 0.641 % change on previous year in 2014, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu) recorded in Venezuela?
- The highest recorded value was 58.27 % change on previous year in 1997.
- What is the lowest general government final consumption expenditure (constant lcu) recorded in Venezuela?
- The lowest recorded value was -16.96 % change on previous year in 1974.
- How does Venezuela rank for general government final consumption expenditure (constant lcu)?
- Venezuela ranks 130th out of 174 countries with data for 2014.
- Is general government final consumption expenditure (constant lcu) rising or falling in Venezuela?
- Over the last ten years it is down 95.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.