General government final consumption expenditure in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: General government final consumption expenditure was 0.0% in 2011. ◆ Volatile
General government final consumption expenditure in Venezuela, Bolivarian Republic of, 1960–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for general government final consumption expenditure in Venezuela, Bolivarian Republic of is 0.0%, measured in 2011. That is the lowest value across all 52 years on record.
Over the whole period, general government final consumption expenditure in Venezuela, Bolivarian Republic of peaked at 14.5% in 1981 and was at its lowest, 0.0%, in 1991.
That places Venezuela, Bolivarian Republic of 187th out of 187 countries with data for 2011, 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 in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 13.5% | — |
| 1961 | 11.4% | -15.7% |
| 1962 | 11.3% | -0.6% |
| 1963 | 12.1% | +6.9% |
| 1964 | 11.1% | -7.7% |
| 1965 | 11.5% | +3.1% |
| 1966 | 12.0% | +4.5% |
| 1967 | 12.1% | +0.7% |
| 1968 | 12.2% | +1.0% |
| 1969 | 12.8% | +4.4% |
| 1970 | 12.3% | -3.7% |
| 1971 | 13.2% | +7.6% |
| 1972 | 13.4% | +1.2% |
| 1973 | 12.7% | -5.2% |
| 1974 | 11.0% | -13.0% |
| 1975 | 13.0% | +18.1% |
| 1976 | 14.2% | +8.9% |
| 1977 | 14.3% | +0.8% |
| 1978 | 13.8% | -3.5% |
| 1979 | 12.9% | -6.1% |
| 1980 | 13.4% | +3.2% |
| 1981 | 14.5% | +8.2% |
| 1982 | 14.2% | -2.1% |
| 1983 | 13.8% | -2.8% |
| 1984 | 10.0% | -27.5% |
| 1985 | 10.1% | +1.3% |
| 1986 | 10.8% | +7.1% |
| 1987 | 9.9% | -8.7% |
| 1988 | 10.2% | +3.1% |
| 1989 | 9.2% | -9.2% |
| 1990 | 8.1% | -12.0% |
| 1991 | 0.0% | -100.0% |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.0% | 11.1% | 13.5% | 10 |
| 1970s | 13.1% | 11.0% | 14.3% | 10 |
| 1980s | 11.6% | 9.2% | 14.5% | 10 |
| 1990s | 0.8% | 0.0% | 8.1% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- 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)
- Households and NPISHs Final consumption expenditure (current LCU) -100 % change on previous year (1991)
- Households and NPISHs Final consumption expenditure (current LCU) 0 current LCU per US$ of GDP (2011)
- Households and NPISHs Final consumption expenditure (current LCU) 0 current LCU per person (2011)
- Final consumption expenditure (current US$), annual growth rate -16.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8928 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 3,120 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 237.43 % change on previous year (2025)
- Final consumption expenditure (current LCU), per unit of GDP 147.72 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Venezuela, Bolivarian Republic of?
- General government final consumption expenditure in Venezuela, Bolivarian Republic of was 0.0% in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 14.5% in 1981.
- What is the lowest general government final consumption expenditure recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 1991.
- How does Venezuela, Bolivarian Republic of rank for general government final consumption expenditure?
- Venezuela, Bolivarian Republic of ranks 187th out of 187 countries with data for 2011.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.