Share of out-of-pocket spending on healthcare vs. GDP per capita in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Share of out-of-pocket spending on healthcare vs. GDP per capita was 29.7% in 2023. ▼ Falling
Latest (2023)
29.7%
Change on year
up 19.3%
World rank
87th
of 193 countries
All-time high
36.9%
in 2018
All-time low
24.9%
in 2022
Years of data
6
2018–2023
Share of out-of-pocket spending on healthcare vs. GDP per capita in Venezuela, Bolivarian Republic of, 2018–2023
Source: Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data. Measured in % of current health expenditure.
Analysis
In 2023, share of out-of-pocket spending on healthcare vs. gdp per capita in Venezuela, Bolivarian Republic of stood at 29.7%.
That represents a change of up 19.3% on the previous year and down 19.6% over ten years.
That places Venezuela, Bolivarian Republic of 87th out of 193 countries with data for 2023, putting it in the middle of the range.
Share of out-of-pocket spending on healthcare vs. GDP per capita in Venezuela, Bolivarian Republic of, year by year
| Year | % of current health expenditure | Change |
|---|---|---|
| 2018 | 36.9% | — |
| 2019 | 34.1% | -7.5% |
| 2020 | 29.0% | -15.1% |
| 2021 | 28.1% | -3.1% |
| 2022 | 24.9% | -11.3% |
| 2023 | 29.7% | +19.3% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 29.7% is below the median for lower middle income countries, which is 37.6%, 79% of the median. (47 countries reporting)
- Venezuela, Bolivarian Republic of's 29.7% is above the median for Latin America & Caribbean, which is 29.3%, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.5% | 34.1% | 36.9% | 2 |
| 2020s | 27.9% | 24.9% | 29.7% | 4 |
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)
- 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 out-of-pocket spending on healthcare vs. gdp per capita in Venezuela, Bolivarian Republic of?
- Share of out-of-pocket spending on healthcare vs. gdp per capita in Venezuela, Bolivarian Republic of was 29.7% in 2023, according to Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data.
- What is the highest share of out-of-pocket spending on healthcare vs. gdp per capita recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 36.9% in 2018.
- What is the lowest share of out-of-pocket spending on healthcare vs. gdp per capita recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 24.9% in 2022.
- How does Venezuela, Bolivarian Republic of rank for share of out-of-pocket spending on healthcare vs. gdp per capita?
- Venezuela, Bolivarian Republic of ranks 87th out of 193 countries with data for 2023.
- Is share of out-of-pocket spending on healthcare vs. gdp per capita rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data, published as part of Share of out-of-pocket spending on healthcare vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Out-of-pocket spending on healthcare as percent of total current healthcare expenditure vs. GDP per capita, adjusted for inflation and differences in living costs between countries.