General government final consumption … current rate annual growth in Venezuela
Venezuela: General government final consumption … current rate annual growth was -100 % change on previous year in 1991. ◆ Volatile
General government final consumption expenditure (current LCU) in Venezuela, 1961–1991
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (current lcu) in Venezuela is -100 % change on previous year, measured in 1991. That is the lowest value across all 31 years on record.
That represents a change of down 404.3% on the previous year and down 568.0% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Venezuela peaked at 57.02 % change on previous year in 1989 and was at its lowest, -100 % change on previous year, in 1991.
Venezuela ranks 185th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption … current rate annual growth in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -11.26 % change on previous year | — |
| 1962 | 8.57 % change on previous year | -176.1% |
| 1963 | 16.49 % change on previous year | +92.4% |
| 1964 | 2.25 % change on previous year | -86.4% |
| 1965 | 9.77 % change on previous year | +334.2% |
| 1966 | 8.89 % change on previous year | -9.0% |
| 1967 | 6.12 % change on previous year | -31.1% |
| 1968 | 9.61 % change on previous year | +57.0% |
| 1969 | 7.02 % change on previous year | -27.0% |
| 1970 | 8.2 % change on previous year | +16.8% |
| 1971 | 18.18 % change on previous year | +121.9% |
| 1972 | 8.97 % change on previous year | -50.7% |
| 1973 | 12.94 % change on previous year | +44.2% |
| 1974 | 33.33 % change on previous year | +157.6% |
| 1975 | 24.22 % change on previous year | -27.3% |
| 1976 | 24.53 % change on previous year | +1.3% |
| 1977 | 16.16 % change on previous year | -34.1% |
| 1978 | 4.78 % change on previous year | -70.4% |
| 1979 | 15.35 % change on previous year | +221.0% |
| 1980 | 26.26 % change on previous year | +71.0% |
| 1981 | 21.37 % change on previous year | -18.6% |
| 1982 | 0 % change on previous year | -100.0% |
| 1983 | -3.05 % change on previous year | — |
| 1984 | 4.87 % change on previous year | -259.6% |
| 1985 | 12.09 % change on previous year | +148.3% |
| 1986 | 12.7 % change on previous year | +5.0% |
| 1987 | 29.98 % change on previous year | +136.1% |
| 1988 | 29.29 % change on previous year | -2.3% |
| 1989 | 57.02 % change on previous year | +94.7% |
| 1990 | 32.86 % change on previous year | -42.4% |
| 1991 | -100 % change on previous year | -404.3% |
Venezuela compared with similar countries
- Venezuela's -100 % change on previous year is below the median for lower middle income countries, which is 9.58 % change on previous year. (45 countries reporting)
- Venezuela's -100 % change on previous year is below the median for Latin America & Caribbean, which is 5.1 % change on previous year. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.38 % change on previous year | -11.26 % change on previous year | 16.49 % change on previous year | 9 |
| 1970s | 16.67 % change on previous year | 4.78 % change on previous year | 33.33 % change on previous year | 10 |
| 1980s | 19.05 % change on previous year | -3.05 % change on previous year | 57.02 % change on previous year | 10 |
| 1990s | -33.57 % change on previous year | -100 % change on previous year | 32.86 % change on previous year | 2 |
Countries ranked near Venezuela
- 182 Curacao -9.81 % change on previous year
- 183 San Marino -10.81 % change on previous year
- 184 Syria -14.85 % 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)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0477 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure (current lcu) in Venezuela?
- General government final consumption expenditure (current lcu) in Venezuela was -100 % change on previous year in 1991, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Venezuela?
- The highest recorded value was 57.02 % change on previous year in 1989.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Venezuela?
- The lowest recorded value was -100 % change on previous year in 1991.
- How does Venezuela rank for general government final consumption expenditure (current lcu)?
- Venezuela ranks 185th out of 185 countries with data for 1991.
- Is general government final consumption expenditure (current lcu) rising or falling in Venezuela?
- Over the last ten years it is down 568.0%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.