Gross national expenditure in Venezuela
Venezuela: Gross national expenditure was 30.69 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
30.69 billion constant 2015 US$
Change on year
down 3.1%
World rank
96th
of 162 countries
All-time high
127.74 billion constant 2015 US$
in 2012
All-time low
16.84 billion constant 2015 US$
in 1961
Years of data
65
1961–2025
Gross national expenditure in Venezuela, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross national expenditure in Venezuela stood at 30.69 billion constant 2015 US$.
The figure is down 3.1% on the previous year and down 68.9% over ten years.
Over the whole period, gross national expenditure in Venezuela peaked at 127.74 billion constant 2015 US$ in 2012 and was at its lowest, 16.84 billion constant 2015 US$, in 1961.
Venezuela ranks 96th of 162 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Venezuela, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1961 | 16.84 billion constant 2015 US$ | — |
| 1962 | 17.73 billion constant 2015 US$ | +5.3% |
| 1963 | 18.23 billion constant 2015 US$ | +2.8% |
| 1964 | 21.92 billion constant 2015 US$ | +20.3% |
| 1965 | 22.72 billion constant 2015 US$ | +3.6% |
| 1966 | 22.08 billion constant 2015 US$ | -2.8% |
| 1967 | 22.87 billion constant 2015 US$ | +3.6% |
| 1968 | 26.85 billion constant 2015 US$ | +17.4% |
| 1969 | 27.83 billion constant 2015 US$ | +3.7% |
| 1970 | 32.96 billion constant 2015 US$ | +18.4% |
| 1971 | 29.97 billion constant 2015 US$ | -9.1% |
| 1972 | 32.11 billion constant 2015 US$ | +7.1% |
| 1973 | 33.60 billion constant 2015 US$ | +4.6% |
| 1974 | 31.23 billion constant 2015 US$ | -7.1% |
| 1975 | 39.36 billion constant 2015 US$ | +26.0% |
| 1976 | 46.40 billion constant 2015 US$ | +17.9% |
| 1977 | 55.14 billion constant 2015 US$ | +18.8% |
| 1978 | 56.43 billion constant 2015 US$ | +2.3% |
| 1979 | 50.85 billion constant 2015 US$ | -9.9% |
| 1980 | 49.49 billion constant 2015 US$ | -2.7% |
| 1981 | 50.43 billion constant 2015 US$ | +1.9% |
| 1982 | 55.05 billion constant 2015 US$ | +9.2% |
| 1983 | 40.77 billion constant 2015 US$ | -25.9% |
| 1984 | 45.34 billion constant 2015 US$ | +11.2% |
| 1985 | 46.22 billion constant 2015 US$ | +1.9% |
| 1986 | 47.75 billion constant 2015 US$ | +3.3% |
| 1987 | 51.74 billion constant 2015 US$ | +8.4% |
| 1988 | 56.78 billion constant 2015 US$ | +9.7% |
| 1989 | 41.65 billion constant 2015 US$ | -26.7% |
| 1990 | 41.99 billion constant 2015 US$ | +0.8% |
| 1991 | 51.70 billion constant 2015 US$ | +23.1% |
| 1992 | 59.92 billion constant 2015 US$ | +15.9% |
| 1993 | 55.79 billion constant 2015 US$ | -6.9% |
| 1994 | 49.05 billion constant 2015 US$ | -12.1% |
| 1995 | 53.81 billion constant 2015 US$ | +9.7% |
| 1996 | 50.19 billion constant 2015 US$ | -6.7% |
| 1997 | 58.94 billion constant 2015 US$ | +17.4% |
| 1998 | 60.10 billion constant 2015 US$ | +2.0% |
| 1999 | 56.83 billion constant 2015 US$ | -5.5% |
| 2000 | 59.81 billion constant 2015 US$ | +5.3% |
| 2001 | 64.92 billion constant 2015 US$ | +8.5% |
| 2002 | 54.84 billion constant 2015 US$ | -15.5% |
| 2003 | 48.81 billion constant 2015 US$ | -11.0% |
| 2004 | 63.28 billion constant 2015 US$ | +29.6% |
| 2005 | 75.35 billion constant 2015 US$ | +19.1% |
| 2006 | 91.19 billion constant 2015 US$ | +21.0% |
| 2007 | 109.77 billion constant 2015 US$ | +20.4% |
| 2008 | 114.83 billion constant 2015 US$ | +4.6% |
| 2009 | 105.43 billion constant 2015 US$ | -8.2% |
| 2010 | 105.00 billion constant 2015 US$ | -0.4% |
| 2011 | 113.28 billion constant 2015 US$ | +7.9% |
| 2012 | 127.74 billion constant 2015 US$ | +12.8% |
| 2013 | 124.54 billion constant 2015 US$ | -2.5% |
| 2014 | 112.90 billion constant 2015 US$ | -9.3% |
| 2015 | 98.78 billion constant 2015 US$ | -12.5% |
| 2016 | 71.98 billion constant 2015 US$ | -27.1% |
| 2017 | 56.16 billion constant 2015 US$ | -22.0% |
| 2018 | 45.94 billion constant 2015 US$ | -18.2% |
| 2019 | 32.47 billion constant 2015 US$ | -29.3% |
| 2020 | 23.54 billion constant 2015 US$ | -27.5% |
| 2021 | 26.45 billion constant 2015 US$ | +12.4% |
| 2022 | 28.16 billion constant 2015 US$ | +6.5% |
| 2023 | 29.82 billion constant 2015 US$ | +5.9% |
| 2024 | 31.66 billion constant 2015 US$ | +6.2% |
| 2025 | 30.69 billion constant 2015 US$ | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.90 billion constant 2015 US$ | 16.84 billion constant 2015 US$ | 27.83 billion constant 2015 US$ | 9 |
| 1970s | 40.81 billion constant 2015 US$ | 29.97 billion constant 2015 US$ | 56.43 billion constant 2015 US$ | 10 |
| 1980s | 48.52 billion constant 2015 US$ | 40.77 billion constant 2015 US$ | 56.78 billion constant 2015 US$ | 10 |
| 1990s | 53.83 billion constant 2015 US$ | 41.99 billion constant 2015 US$ | 60.10 billion constant 2015 US$ | 10 |
| 2000s | 78.82 billion constant 2015 US$ | 48.81 billion constant 2015 US$ | 114.83 billion constant 2015 US$ | 10 |
| 2010s | 88.88 billion constant 2015 US$ | 32.47 billion constant 2015 US$ | 127.74 billion constant 2015 US$ | 10 |
| 2020s | 28.39 billion constant 2015 US$ | 23.54 billion constant 2015 US$ | 31.66 billion constant 2015 US$ | 6 |
Countries ranked near Venezuela
- 93 Latvia 35.22 billion constant 2015 US$ compare
- 94 Senegal 33.80 billion constant 2015 US$ compare
- 95 Cyprus 31.44 billion constant 2015 US$ compare
- 97 Georgia 30.02 billion constant 2015 US$ compare
- 98 Estonia 28.20 billion constant 2015 US$ compare
- 99 Bosnia and Herzegovina 27.93 billion constant 2015 US$ 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth -100 % change on previous year (1991)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Gross value added at basic prices (GVA) (current LCU), per capita 0 current LCU per person (2011)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -3.26 % change on previous year (2014)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.2184 constant LCU per US$ of GDP (2014)
- Gross value added at basic prices (GVA) (constant LCU), per capita 1,551 constant LCU per person (2014)
- GDP (current US$), annual growth rate -17.34 % change on previous year (2025)
- GDP (current US$), per capita 3,495 current US$ per person (2025)
Frequently asked questions
- What is gross national expenditure in Venezuela?
- Gross national expenditure in Venezuela was 30.69 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Venezuela?
- The highest recorded value was 127.74 billion constant 2015 US$ in 2012.
- What is the lowest gross national expenditure recorded in Venezuela?
- The lowest recorded value was 16.84 billion constant 2015 US$ in 1961.
- How does Venezuela rank for gross national expenditure?
- Venezuela ranks 96th out of 162 countries with data for 2025.
- Is gross national expenditure rising or falling in Venezuela?
- Over the last ten years it is down 68.9%. The long-run trend across the full record is volatile.
- 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.