Gross national expenditure in Venezuela
Venezuela: Gross national expenditure was 18.31 billion constant LCU in 2025. ◆ Volatile
Latest (2025)
18.31 billion constant LCU
Change on year
down 3.1%
World rank
147th
of 168 countries
All-time high
73.49 billion constant LCU
in 2012
All-time low
9.62 billion constant LCU
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 LCU.
Analysis
The most recent figure for gross national expenditure in Venezuela is 18.31 billion constant LCU, measured in 2025.
Compared with earlier readings it is down 3.1% on the previous year and down 68.3% over ten years.
Over the whole period, gross national expenditure in Venezuela peaked at 73.49 billion constant LCU in 2012 and was at its lowest, 9.62 billion constant LCU, in 1961.
That places Venezuela 147th out of 168 countries with data for 2025, putting it in the bottom quarter.
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 LCU | Change |
|---|---|---|
| 1961 | 9.62 billion constant LCU | — |
| 1962 | 10.11 billion constant LCU | +5.0% |
| 1963 | 10.41 billion constant LCU | +3.0% |
| 1964 | 12.43 billion constant LCU | +19.4% |
| 1965 | 12.91 billion constant LCU | +3.9% |
| 1966 | 12.62 billion constant LCU | -2.3% |
| 1967 | 13.07 billion constant LCU | +3.6% |
| 1968 | 15.23 billion constant LCU | +16.6% |
| 1969 | 15.81 billion constant LCU | +3.8% |
| 1970 | 18.59 billion constant LCU | +17.6% |
| 1971 | 17.06 billion constant LCU | -8.3% |
| 1972 | 18.26 billion constant LCU | +7.1% |
| 1973 | 19.13 billion constant LCU | +4.8% |
| 1974 | 17.70 billion constant LCU | -7.5% |
| 1975 | 22.33 billion constant LCU | +26.2% |
| 1976 | 26.28 billion constant LCU | +17.7% |
| 1977 | 31.10 billion constant LCU | +18.3% |
| 1978 | 31.90 billion constant LCU | +2.6% |
| 1979 | 28.98 billion constant LCU | -9.2% |
| 1980 | 28.44 billion constant LCU | -1.9% |
| 1981 | 29.01 billion constant LCU | +2.0% |
| 1982 | 31.64 billion constant LCU | +9.0% |
| 1983 | 23.87 billion constant LCU | -24.5% |
| 1984 | 26.34 billion constant LCU | +10.3% |
| 1985 | 26.82 billion constant LCU | +1.8% |
| 1986 | 27.70 billion constant LCU | +3.3% |
| 1987 | 29.93 billion constant LCU | +8.1% |
| 1988 | 32.77 billion constant LCU | +9.5% |
| 1989 | 24.46 billion constant LCU | -25.3% |
| 1990 | 24.72 billion constant LCU | +1.1% |
| 1991 | 30.09 billion constant LCU | +21.7% |
| 1992 | 34.63 billion constant LCU | +15.1% |
| 1993 | 32.42 billion constant LCU | -6.4% |
| 1994 | 28.72 billion constant LCU | -11.4% |
| 1995 | 31.27 billion constant LCU | +8.9% |
| 1996 | 29.22 billion constant LCU | -6.6% |
| 1997 | 34.13 billion constant LCU | +16.8% |
| 1998 | 34.77 billion constant LCU | +1.9% |
| 1999 | 32.96 billion constant LCU | -5.2% |
| 2000 | 34.67 billion constant LCU | +5.2% |
| 2001 | 37.56 billion constant LCU | +8.3% |
| 2002 | 32.02 billion constant LCU | -14.7% |
| 2003 | 28.77 billion constant LCU | -10.2% |
| 2004 | 36.87 billion constant LCU | +28.2% |
| 2005 | 43.75 billion constant LCU | +18.7% |
| 2006 | 52.68 billion constant LCU | +20.4% |
| 2007 | 63.23 billion constant LCU | +20.0% |
| 2008 | 66.22 billion constant LCU | +4.7% |
| 2009 | 61.14 billion constant LCU | -7.7% |
| 2010 | 60.85 billion constant LCU | -0.5% |
| 2011 | 65.46 billion constant LCU | +7.6% |
| 2012 | 73.49 billion constant LCU | +12.3% |
| 2013 | 72.06 billion constant LCU | -1.9% |
| 2014 | 65.75 billion constant LCU | -8.8% |
| 2015 | 57.80 billion constant LCU | -12.1% |
| 2016 | 42.61 billion constant LCU | -26.3% |
| 2017 | 33.60 billion constant LCU | -21.1% |
| 2018 | 27.53 billion constant LCU | -18.1% |
| 2019 | 19.33 billion constant LCU | -29.8% |
| 2020 | 14.02 billion constant LCU | -27.4% |
| 2021 | 15.76 billion constant LCU | +12.4% |
| 2022 | 16.79 billion constant LCU | +6.5% |
| 2023 | 17.79 billion constant LCU | +5.9% |
| 2024 | 18.89 billion constant LCU | +6.2% |
| 2025 | 18.31 billion constant LCU | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.47 billion constant LCU | 9.62 billion constant LCU | 15.81 billion constant LCU | 9 |
| 1970s | 23.13 billion constant LCU | 17.06 billion constant LCU | 31.90 billion constant LCU | 10 |
| 1980s | 28.10 billion constant LCU | 23.87 billion constant LCU | 32.77 billion constant LCU | 10 |
| 1990s | 31.29 billion constant LCU | 24.72 billion constant LCU | 34.77 billion constant LCU | 10 |
| 2000s | 45.69 billion constant LCU | 28.77 billion constant LCU | 66.22 billion constant LCU | 10 |
| 2010s | 51.85 billion constant LCU | 19.33 billion constant LCU | 73.49 billion constant LCU | 10 |
| 2020s | 16.93 billion constant LCU | 14.02 billion constant LCU | 18.89 billion constant LCU | 6 |
Countries ranked near Venezuela
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 18.31 billion constant LCU 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 73.49 billion constant LCU in 2012.
- What is the lowest gross national expenditure recorded in Venezuela?
- The lowest recorded value was 9.62 billion constant LCU in 1961.
- How does Venezuela rank for gross national expenditure?
- Venezuela ranks 147th out of 168 countries with data for 2025.
- Is gross national expenditure rising or falling in Venezuela?
- Over the last ten years it is down 68.3%. 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 LCU). 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 varies by country. This series is expressed in local currency units.