Share of household consumption in GDP vs. GDP per capita in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Share of household consumption in GDP vs. GDP per capita was 69.0% in 2014. ▲ Rising
Latest (2014)
69.0%
Change on year
up 12.6%
World rank
63rd
of 184 countries
All-time high
69.0%
in 2014
All-time low
22.2%
in 1974
Years of data
65
1950–2014
Share of household 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 household consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of stood at 69.0%. That is the highest value across all 65 years on record.
That represents a change of up 12.6% on the previous year and up 44.2% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of peaked at 69.0% in 2014 and was at its lowest, 22.2%, in 1974.
Venezuela, Bolivarian Republic of ranks 63rd of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Share of household consumption in GDP vs. GDP per capita in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1950 | 37.0% | — |
| 1951 | 36.4% | -1.6% |
| 1952 | 30.4% | -16.6% |
| 1953 | 35.1% | +15.5% |
| 1954 | 34.2% | -2.6% |
| 1955 | 37.9% | +11.0% |
| 1956 | 39.0% | +2.9% |
| 1957 | 44.4% | +13.7% |
| 1958 | 37.2% | -16.2% |
| 1959 | 38.7% | +4.0% |
| 1960 | 42.1% | +9.0% |
| 1961 | 41.1% | -2.4% |
| 1962 | 40.7% | -1.1% |
| 1963 | 38.4% | -5.7% |
| 1964 | 37.8% | -1.3% |
| 1965 | 39.8% | +5.3% |
| 1966 | 40.3% | +1.1% |
| 1967 | 40.4% | +0.3% |
| 1968 | 38.5% | -4.7% |
| 1969 | 39.4% | +2.5% |
| 1970 | 34.3% | -13.2% |
| 1971 | 34.8% | +1.7% |
| 1972 | 35.4% | +1.5% |
| 1973 | 32.7% | -7.5% |
| 1974 | 22.2% | -32.2% |
| 1975 | 30.2% | +35.8% |
| 1976 | 33.2% | +10.2% |
| 1977 | 37.1% | +11.5% |
| 1978 | 39.7% | +7.2% |
| 1979 | 36.8% | -7.4% |
| 1980 | 40.0% | +8.8% |
| 1981 | 41.1% | +2.8% |
| 1982 | 44.1% | +7.2% |
| 1983 | 42.1% | -4.5% |
| 1984 | 40.0% | -5.0% |
| 1985 | 40.6% | +1.5% |
| 1986 | 44.2% | +8.7% |
| 1987 | 43.9% | -0.5% |
| 1988 | 43.8% | -0.2% |
| 1989 | 42.8% | -2.5% |
| 1990 | 42.0% | -1.8% |
| 1991 | 43.4% | +3.3% |
| 1992 | 41.4% | -4.7% |
| 1993 | 44.0% | +6.4% |
| 1994 | 43.5% | -1.1% |
| 1995 | 41.7% | -4.2% |
| 1996 | 40.3% | -3.4% |
| 1997 | 42.6% | +5.8% |
| 1998 | 47.9% | +12.5% |
| 1999 | 47.3% | -1.2% |
| 2000 | 42.3% | -10.7% |
| 2001 | 48.9% | +15.7% |
| 2002 | 48.9% | +0.1% |
| 2003 | 50.6% | +3.6% |
| 2004 | 47.9% | -5.4% |
| 2005 | 47.4% | -1.0% |
| 2006 | 48.6% | +2.4% |
| 2007 | 52.2% | +7.5% |
| 2008 | 49.7% | -4.8% |
| 2009 | 57.3% | +15.3% |
| 2010 | 49.4% | -13.7% |
| 2011 | 48.9% | -1.1% |
| 2012 | 52.7% | +7.9% |
| 2013 | 61.3% | +16.2% |
| 2014 | 69.0% | +12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 37.0% | 30.4% | 44.4% | 10 |
| 1960s | 39.9% | 37.8% | 42.1% | 10 |
| 1970s | 33.6% | 22.2% | 39.7% | 10 |
| 1980s | 42.3% | 40.0% | 44.2% | 10 |
| 1990s | 43.4% | 40.3% | 47.9% | 10 |
| 2000s | 49.4% | 42.3% | 57.3% | 10 |
| 2010s | 56.3% | 48.9% | 69.0% | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 60 Cape Verde 69.5% compare
- 61 Uganda 69.4% compare
- 62 Bangladesh 69.3% compare
- 64 Colombia 69.0% compare
- 65 South Africa 67.8% compare
- 66 Benin 67.4% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of?
- Share of household consumption in gdp vs. gdp per capita in Venezuela, Bolivarian Republic of was 69.0% 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 household consumption in gdp vs. gdp per capita recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 69.0% in 2014.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 22.2% in 1974.
- How does Venezuela, Bolivarian Republic of rank for share of household consumption in gdp vs. gdp per capita?
- Venezuela, Bolivarian Republic of ranks 63rd out of 184 countries with data for 2014.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- 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 household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.