General government final consumption expenditure (constant LCU), per in Venezuela
Venezuela: General government final consumption expenditure (constant LCU), per was 0.0479 constant LCU per US$ of GDP in 2014. ◆ Volatile
Latest (2014)
0.0479 constant LCU per US$ of GDP
Change on year
up 21.1%
World rank
173rd
of 176 countries
All-time high
0.1894 constant LCU per US$ of GDP
in 1969
All-time low
0.0223 constant LCU per US$ of GDP
in 2010
Years of data
55
1960–2014
General government final consumption expenditure (constant LCU), per in Venezuela, 1960–2014
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Venezuela recorded 0.0479 constant LCU per US$ of GDP for general government final consumption expenditure (constant lcu), per in 2014.
Compared with earlier readings it is up 21.1% on the previous year and down 8.1% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Venezuela peaked at 0.1894 constant LCU per US$ of GDP in 1969 and was at its lowest, 0.0223 constant LCU per US$ of GDP, in 2010.
That places Venezuela 173rd out of 176 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (constant LCU), per in Venezuela, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1564 constant LCU per US$ of GDP | — |
| 1961 | 0.147 constant LCU per US$ of GDP | -6.0% |
| 1962 | 0.1317 constant LCU per US$ of GDP | -10.4% |
| 1963 | 0.1403 constant LCU per US$ of GDP | +6.5% |
| 1964 | 0.1689 constant LCU per US$ of GDP | +20.4% |
| 1965 | 0.1767 constant LCU per US$ of GDP | +4.6% |
| 1966 | 0.1848 constant LCU per US$ of GDP | +4.6% |
| 1967 | 0.1821 constant LCU per US$ of GDP | -1.5% |
| 1968 | 0.1828 constant LCU per US$ of GDP | +0.4% |
| 1969 | 0.1894 constant LCU per US$ of GDP | +3.6% |
| 1970 | 0.1668 constant LCU per US$ of GDP | -11.9% |
| 1971 | 0.1693 constant LCU per US$ of GDP | +1.5% |
| 1972 | 0.1637 constant LCU per US$ of GDP | -3.4% |
| 1973 | 0.1441 constant LCU per US$ of GDP | -12.0% |
| 1974 | 0.0781 constant LCU per US$ of GDP | -45.8% |
| 1975 | 0.0765 constant LCU per US$ of GDP | -2.0% |
| 1976 | 0.0769 constant LCU per US$ of GDP | +0.5% |
| 1977 | 0.0706 constant LCU per US$ of GDP | -8.2% |
| 1978 | 0.0627 constant LCU per US$ of GDP | -11.1% |
| 1979 | 0.0535 constant LCU per US$ of GDP | -14.7% |
| 1980 | 0.0454 constant LCU per US$ of GDP | -15.3% |
| 1981 | 0.0422 constant LCU per US$ of GDP | -6.9% |
| 1982 | 0.0429 constant LCU per US$ of GDP | +1.7% |
| 1983 | 0.0392 constant LCU per US$ of GDP | -8.6% |
| 1984 | 0.0461 constant LCU per US$ of GDP | +17.3% |
| 1985 | 0.0441 constant LCU per US$ of GDP | -4.2% |
| 1986 | 0.0474 constant LCU per US$ of GDP | +7.5% |
| 1987 | 0.0625 constant LCU per US$ of GDP | +31.8% |
| 1988 | 0.0557 constant LCU per US$ of GDP | -10.9% |
| 1989 | 0.0709 constant LCU per US$ of GDP | +27.3% |
| 1990 | 0.0666 constant LCU per US$ of GDP | -5.9% |
| 1991 | 0.0698 constant LCU per US$ of GDP | +4.7% |
| 1992 | 0.0616 constant LCU per US$ of GDP | -11.7% |
| 1993 | 0.0588 constant LCU per US$ of GDP | -4.6% |
| 1994 | 0.0568 constant LCU per US$ of GDP | -3.3% |
| 1995 | 0.044 constant LCU per US$ of GDP | -22.6% |
| 1996 | 0.0446 constant LCU per US$ of GDP | +1.4% |
| 1997 | 0.058 constant LCU per US$ of GDP | +30.1% |
| 1998 | 0.0529 constant LCU per US$ of GDP | -8.9% |
| 1999 | 0.0456 constant LCU per US$ of GDP | -13.8% |
| 2000 | 0.0397 constant LCU per US$ of GDP | -12.9% |
| 2001 | 0.0405 constant LCU per US$ of GDP | +1.9% |
| 2002 | 0.0522 constant LCU per US$ of GDP | +29.0% |
| 2003 | 0.0613 constant LCU per US$ of GDP | +17.4% |
| 2004 | 0.0521 constant LCU per US$ of GDP | -15.1% |
| 2005 | 0.0446 constant LCU per US$ of GDP | -14.5% |
| 2006 | 0.0387 constant LCU per US$ of GDP | -13.1% |
| 2007 | 0.0351 constant LCU per US$ of GDP | -9.4% |
| 2008 | 0.0268 constant LCU per US$ of GDP | -23.6% |
| 2009 | 0.0261 constant LCU per US$ of GDP | -2.7% |
| 2010 | 0.0223 constant LCU per US$ of GDP | -14.3% |
| 2011 | 0.0294 constant LCU per US$ of GDP | +31.6% |
| 2012 | 0.0266 constant LCU per US$ of GDP | -9.6% |
| 2013 | 0.0395 constant LCU per US$ of GDP | +48.6% |
| 2014 | 0.0479 constant LCU per US$ of GDP | +21.1% |
Venezuela compared with similar countries
- Venezuela's 0.0479 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 4.9 constant LCU per US$ of GDP, 1% of the median. (44 countries reporting)
- Venezuela's 0.0479 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4666 constant LCU per US$ of GDP, 10% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.166 constant LCU per US$ of GDP | 0.1317 constant LCU per US$ of GDP | 0.1894 constant LCU per US$ of GDP | 10 |
| 1970s | 0.1062 constant LCU per US$ of GDP | 0.0535 constant LCU per US$ of GDP | 0.1693 constant LCU per US$ of GDP | 10 |
| 1980s | 0.0496 constant LCU per US$ of GDP | 0.0392 constant LCU per US$ of GDP | 0.0709 constant LCU per US$ of GDP | 10 |
| 1990s | 0.0559 constant LCU per US$ of GDP | 0.044 constant LCU per US$ of GDP | 0.0698 constant LCU per US$ of GDP | 10 |
| 2000s | 0.0417 constant LCU per US$ of GDP | 0.0261 constant LCU per US$ of GDP | 0.0613 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0331 constant LCU per US$ of GDP | 0.0223 constant LCU per US$ of GDP | 0.0479 constant LCU per US$ of GDP | 5 |
Countries ranked near Venezuela
- 170 Kosovo 0.0547 constant LCU per US$ of GDP compare
- 170 Kosovo (UNSCR 1244) 0.0547 constant LCU per US$ of GDP compare
- 172 Bahrain 0.0496 constant LCU per US$ of GDP compare
- 174 Azerbaijan 0.0468 constant LCU per US$ of GDP compare
- 175 Sudan 0.0291 constant LCU per US$ of GDP compare
- 176 Tajikistan 0.0164 constant LCU per US$ of GDP 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is general government final consumption expenditure (constant lcu), per in Venezuela?
- General government final consumption expenditure (constant lcu), per in Venezuela was 0.0479 constant LCU per US$ of GDP in 2014, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Venezuela?
- The highest recorded value was 0.1894 constant LCU per US$ of GDP in 1969.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Venezuela?
- The lowest recorded value was 0.0223 constant LCU per US$ of GDP in 2010.
- How does Venezuela rank for general government final consumption expenditure (constant lcu), per?
- Venezuela ranks 173rd out of 176 countries with data for 2014.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Venezuela?
- Over the last ten years it is down 8.1%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.