Share of government consumption in GDP vs. GDP per capita in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Share of government consumption in GDP vs. GDP per capita was 18.4% in 2014. ▼ Falling
Share of government consumption in GDP vs. GDP per capita in Venezuela, Bolivarian Republic of, 1950–2014
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2014, share of government consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of stood at 18.4%.
That represents a change of up 17.4% on the previous year and up 43.0% over ten years.
Over the whole period, share of government consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of peaked at 34.9% in 1972 and was at its lowest, 11.2%, in 2005.
That places Venezuela, Bolivarian Republic of 108th out of 184 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Share of government consumption in GDP vs. GDP per capita in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1950 | 19.4% | — |
| 1951 | 19.3% | -0.3% |
| 1952 | 18.2% | -6.2% |
| 1953 | 18.3% | +0.9% |
| 1954 | 17.5% | -4.3% |
| 1955 | 18.7% | +6.7% |
| 1956 | 17.5% | -6.3% |
| 1957 | 21.1% | +20.0% |
| 1958 | 28.2% | +33.8% |
| 1959 | 25.9% | -8.0% |
| 1960 | 27.5% | +6.1% |
| 1961 | 26.8% | -2.7% |
| 1962 | 25.4% | -5.3% |
| 1963 | 27.1% | +7.0% |
| 1964 | 25.3% | -6.7% |
| 1965 | 27.2% | +7.3% |
| 1966 | 29.6% | +9.0% |
| 1967 | 30.5% | +2.9% |
| 1968 | 30.1% | -1.3% |
| 1969 | 31.1% | +3.4% |
| 1970 | 29.5% | -5.1% |
| 1971 | 34.4% | +16.7% |
| 1972 | 34.9% | +1.5% |
| 1973 | 32.8% | -6.0% |
| 1974 | 21.3% | -35.1% |
| 1975 | 22.5% | +5.7% |
| 1976 | 24.6% | +9.2% |
| 1977 | 25.9% | +5.0% |
| 1978 | 24.6% | -4.9% |
| 1979 | 23.5% | -4.5% |
| 1980 | 24.2% | +2.9% |
| 1981 | 25.8% | +6.9% |
| 1982 | 27.0% | +4.6% |
| 1983 | 25.7% | -4.8% |
| 1984 | 25.2% | -1.9% |
| 1985 | 25.6% | +1.5% |
| 1986 | 29.2% | +14.2% |
| 1987 | 29.5% | +0.9% |
| 1988 | 31.4% | +6.5% |
| 1989 | 32.3% | +2.8% |
| 1990 | 30.2% | -6.6% |
| 1991 | 33.8% | +11.9% |
| 1992 | 30.3% | -10.4% |
| 1993 | 30.6% | +1.2% |
| 1994 | 30.2% | -1.4% |
| 1995 | 29.0% | -4.0% |
| 1996 | 26.3% | -9.2% |
| 1997 | 24.4% | -7.3% |
| 1998 | 23.0% | -5.8% |
| 1999 | 18.9% | -17.9% |
| 2000 | 15.0% | -20.8% |
| 2001 | 15.5% | +3.9% |
| 2002 | 14.6% | -6.2% |
| 2003 | 15.3% | +4.7% |
| 2004 | 12.9% | -15.5% |
| 2005 | 11.2% | -13.0% |
| 2006 | 11.3% | +0.7% |
| 2007 | 12.1% | +7.4% |
| 2008 | 11.7% | -3.9% |
| 2009 | 14.6% | +25.5% |
| 2010 | 13.7% | -6.5% |
| 2011 | 14.2% | +3.8% |
| 2012 | 14.0% | -1.5% |
| 2013 | 15.7% | +12.3% |
| 2014 | 18.4% | +17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 20.4% | 17.5% | 28.2% | 10 |
| 1960s | 28.0% | 25.3% | 31.1% | 10 |
| 1970s | 27.4% | 21.3% | 34.9% | 10 |
| 1980s | 27.6% | 24.2% | 32.3% | 10 |
| 1990s | 27.7% | 18.9% | 33.8% | 10 |
| 2000s | 13.4% | 11.2% | 15.5% | 10 |
| 2010s | 15.2% | 13.7% | 18.4% | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 105 Azerbaijan 18.5% compare
- 106 Uruguay 18.5% compare
- 107 Suriname 18.5% compare
- 109 Bermuda 18.3% compare
- 110 Macau, China 18.0% compare
- 111 Kazakhstan 17.8% compare
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)
- Total reserves minus gold (current US$), annual growth rate -7.05 % change on previous year (2017)
- Total reserves minus gold (current US$), per unit of GDP 0.0262 current US$ per US$ of GDP (2017)
- Total reserves minus gold (current US$), per capita 99.28 current US$ per person (2017)
- General government final consumption expenditure (current US$) -100 % change on previous year (1991)
- General government final consumption expenditure (current US$), per 0 current US$ per US$ of GDP (2011)
- General government final consumption expenditure (current US$), per 0 current US$ per person (2011)
- General government final consumption expenditure (current LCU) -100 % change on previous year (1991)
- General government final consumption expenditure (current LCU), per 0 current LCU per US$ of GDP (2011)
Frequently asked questions
- What is share of government consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of?
- Share of government consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of was 18.4% in 2014, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of government consumption in gdp vs. gdp per capita recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 34.9% in 1972.
- What is the lowest share of government consumption in gdp vs. gdp per capita recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 11.2% in 2005.
- How does Venezuela, Bolivarian Republic of rank for share of government consumption in gdp vs. gdp per capita?
- Venezuela, Bolivarian Republic of ranks 108th out of 184 countries with data for 2014.
- Is share of government consumption in gdp vs. gdp per capita rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Government consumption divided by gross domestic product, expressed as a percentage.