General government final consumption expenditure (current LCU) in Venezuela
Venezuela: General government final consumption expenditure (current LCU) was 0 current LCU in 2011. ◆ Volatile
General government final consumption expenditure in Venezuela, 1960–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Venezuela recorded 0 current LCU for general government final consumption expenditure in 2011. That is the lowest value across all 52 years on record.
Over the whole period, general government final consumption expenditure in Venezuela peaked at 0.0019 current LCU in 1990 and was at its lowest, 0 current LCU, in 1991.
Venezuela ranks 187th of 187 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 expenditure (current LCU) in Venezuela, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 0 current LCU | — |
| 1961 | 0 current LCU | -11.3% |
| 1962 | 0 current LCU | +8.6% |
| 1963 | 0 current LCU | +16.5% |
| 1964 | 0 current LCU | +2.3% |
| 1965 | 0 current LCU | +9.8% |
| 1966 | 0 current LCU | +8.9% |
| 1967 | 0.0001 current LCU | +6.1% |
| 1968 | 0.0001 current LCU | +9.6% |
| 1969 | 0.0001 current LCU | +7.0% |
| 1970 | 0.0001 current LCU | +8.2% |
| 1971 | 0.0001 current LCU | +18.2% |
| 1972 | 0.0001 current LCU | +9.0% |
| 1973 | 0.0001 current LCU | +12.9% |
| 1974 | 0.0001 current LCU | +33.3% |
| 1975 | 0.0002 current LCU | +24.2% |
| 1976 | 0.0002 current LCU | +24.5% |
| 1977 | 0.0002 current LCU | +16.2% |
| 1978 | 0.0002 current LCU | +4.8% |
| 1979 | 0.0003 current LCU | +15.4% |
| 1980 | 0.0003 current LCU | +26.3% |
| 1981 | 0.0004 current LCU | +21.4% |
| 1982 | 0.0004 current LCU | +0.0% |
| 1983 | 0.0004 current LCU | -3.1% |
| 1984 | 0.0004 current LCU | +4.9% |
| 1985 | 0.0005 current LCU | +12.1% |
| 1986 | 0.0005 current LCU | +12.7% |
| 1987 | 0.0007 current LCU | +30.0% |
| 1988 | 0.0009 current LCU | +29.3% |
| 1989 | 0.0014 current LCU | +57.0% |
| 1990 | 0.0019 current LCU | +32.9% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 0 current LCU | — |
| 1995 | 0 current LCU | — |
| 1996 | 0 current LCU | — |
| 1997 | 0 current LCU | — |
| 1998 | 0 current LCU | — |
| 1999 | 0 current LCU | — |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
Venezuela compared with similar countries
- Venezuela's 0 current LCU is below the median for lower middle income countries, which is 156.44 billion current LCU. (45 countries reporting)
- Venezuela's 0 current LCU is below the median for Latin America & Caribbean, which is 100.52 billion current LCU. (28 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (current 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 |
|---|---|---|---|
| 1991 | -100.0% | 0.0019 current LCU | 0 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU | 0 current LCU | 0.0001 current LCU | 10 |
| 1970s | 0.0002 current LCU | 0.0001 current LCU | 0.0003 current LCU | 10 |
| 1980s | 0.0006 current LCU | 0.0003 current LCU | 0.0014 current LCU | 10 |
| 1990s | 0.0002 current LCU | 0 current LCU | 0.0019 current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2010s | 0 current LCU | 0 current LCU | 0 current LCU | 2 |
Countries ranked near Venezuela
- 184 San Marino 265.28 million current LCU
- 185 Marshall Islands 155.42 million current LCU compare
- 186 Palau 123.13 million current LCU 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 in Venezuela?
- General government final consumption expenditure in Venezuela was 0 current LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Venezuela?
- The highest recorded value was 0.0019 current LCU in 1990.
- What is the lowest general government final consumption expenditure recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1991.
- How does Venezuela rank for general government final consumption expenditure?
- Venezuela ranks 187th out of 187 countries with data for 2011.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.