General government final consumption expenditure (current US$) in Venezuela

Venezuela: General government final consumption expenditure (current US$) was 0 current US$ in 2011. ◆ Volatile

Latest (2011)
0 current US$
World rank
187th
of 187 countries
All-time high
9.59 billion current US$
in 1981
All-time low
0 current US$
in 1991
Years of data
52
1960–2011

General government final consumption expenditure in Venezuela, 1960–2011

02.0B4.0B6.0B8.0B10.0B196019852011

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

Venezuela recorded 0 current US$ 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 9.59 billion current US$ in 1981 and was at its lowest, 0 current US$, 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 US$) in Venezuela, year by year

Annual values for General government final consumption expenditure (current US$) in Venezuela, 1960 to 2011.
Year current US$ Change
1960 1.03 billion current US$ —
1961 915.75 million current US$ -11.3%
1962 994.28 million current US$ +8.6%
1963 1.16 billion current US$ +16.5%
1964 911.95 million current US$ -21.3%
1965 967.69 million current US$ +6.1%
1966 1.05 billion current US$ +8.9%
1967 1.12 billion current US$ +6.1%
1968 1.23 billion current US$ +9.6%
1969 1.31 billion current US$ +7.0%
1970 1.42 billion current US$ +8.2%
1971 1.72 billion current US$ +20.9%
1972 1.87 billion current US$ +9.0%
1973 2.16 billion current US$ +15.6%
1974 2.88 billion current US$ +33.3%
1975 3.58 billion current US$ +24.2%
1976 4.46 billion current US$ +24.5%
1977 5.18 billion current US$ +16.2%
1978 5.42 billion current US$ +4.8%
1979 6.26 billion current US$ +15.4%
1980 7.90 billion current US$ +26.3%
1981 9.59 billion current US$ +21.4%
1982 9.59 billion current US$ +0.0%
1983 9.29 billion current US$ -3.1%
1984 5.97 billion current US$ -35.7%
1985 6.26 billion current US$ +4.9%
1986 6.55 billion current US$ +4.6%
1987 4.75 billion current US$ -27.5%
1988 6.14 billion current US$ +29.3%
1989 4.03 billion current US$ -34.4%
1990 3.96 billion current US$ -1.7%
1991 0 current US$ -100.0%
1992 0 current US$ —
1993 0 current US$ —
1994 0 current US$ —
1995 0 current US$ —
1996 0 current US$ —
1997 0 current US$ —
1998 0 current US$ —
1999 0 current US$ —
2000 0 current US$ —
2001 0 current US$ —
2002 0 current US$ —
2003 0 current US$ —
2004 0 current US$ —
2005 0 current US$ —
2006 0 current US$ —
2007 0 current US$ —
2008 0 current US$ —
2009 0 current US$ —
2010 0 current US$ —
2011 0 current US$ —

Venezuela compared with similar countries

  • Venezuela's 0 current US$ is below the median for lower middle income countries, which is 2.90 billion current US$. (45 countries reporting)
  • Venezuela's 0 current US$ is below the median for Latin America & Caribbean, which is 9.52 billion current US$. (28 countries reporting)

Biggest year-on-year movements

Years where General government final consumption expenditure (current US$) 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.

YearChange FromTo
1991 -100.0% 3.96 billion current US$ 0 current US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.07 billion current US$ 911.95 million current US$ 1.31 billion current US$ 10
1970s 3.49 billion current US$ 1.42 billion current US$ 6.26 billion current US$ 10
1980s 7.01 billion current US$ 4.03 billion current US$ 9.59 billion current US$ 10
1990s 395.85 million current US$ 0 current US$ 3.96 billion current US$ 10
2000s 0 current US$ 0 current US$ 0 current US$ 10
2010s 0 current US$ 0 current US$ 0 current US$ 2

Countries ranked near Venezuela

  1. 184 Tonga 152.39 million current US$ compare
  2. 185 Palau 123.13 million current US$ compare
  3. 186 Sao Tome and Principe 101.03 million current US$

See the full ranking of 230 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is general government final consumption expenditure in Venezuela?
General government final consumption expenditure in Venezuela was 0 current US$ 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 9.59 billion current US$ in 1981.
What is the lowest general government final consumption expenditure recorded in Venezuela?
The lowest recorded value was 0 current US$ 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 US$). Statizoid updates them automatically from the source API.

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General government final consumption expenditure in Venezuela. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 October 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-us/venezuela-rb/

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About this data

Indicator
General government final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,065 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.