Total Expenditure (central government) — Value Standard Local Currency in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Total Expenditure (central government) — Value Standard Local Currency was 1.11 million million SLC in 2014. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Venezuela (Bolivarian Republic of), 2001–2014
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Venezuela (Bolivarian Republic of) is 1.11 million million SLC, measured in 2014. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 54.9% on the previous year and up 1,910.7% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Venezuela (Bolivarian Republic of) peaked at 1.11 million million SLC in 2014 and was at its lowest, 25,378 million SLC, in 2001.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Venezuela (Bolivarian Republic of), year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 25,378 million SLC | — |
| 2002 | 26,329 million SLC | +3.7% |
| 2003 | 35,603 million SLC | +35.2% |
| 2004 | 55,046 million SLC | +54.6% |
| 2005 | 81,236 million SLC | +47.6% |
| 2006 | 120,491 million SLC | +48.3% |
| 2007 | 137,894 million SLC | +14.4% |
| 2008 | 184,398 million SLC | +33.7% |
| 2009 | 188,818 million SLC | +2.4% |
| 2010 | 220,375 million SLC | +16.7% |
| 2011 | 356,231 million SLC | +61.6% |
| 2012 | 478,282 million SLC | +34.3% |
| 2013 | 714,543 million SLC | +49.4% |
| 2014 | 1.11 million million SLC | +54.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 95,022 million SLC | 25,378 million SLC | 188,818 million SLC | 9 |
| 2010s | 575,248 million SLC | 220,375 million SLC | 1.11 million million SLC | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 5 Democratic Republic of the Congo 18.24 million million SLC compare
- 5 Lebanon 181.92 million million SLC compare
- 6 Japan 110.93 million million SLC compare
- 6 Syrian Arab Republic 13.32 million million SLC compare
- 7 Chile 76.81 million million SLC compare
- 7 Türkiye 9.00 million million SLC compare
- 8 Argentina 58.16 million million SLC compare
- 9 Paraguay 53.10 million million SLC compare
- 9 Republic of Moldova 80,070 million SLC compare
- 10 Bolivia (Plurinational State of) 24,138 million SLC compare
- 10 Russian Federation 40.18 million million SLC compare
- 11 Cambodia 33.53 million million SLC compare
- 11 Timor-Leste 991.77 million SLC compare
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,131 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 8.17 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -17.94 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -35.55 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.01 % (2024)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Venezuela (Bolivarian Republic of)?
- Total expenditure (central government) — value standard local currency in Venezuela (Bolivarian Republic of) was 1.11 million million SLC in 2014, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 1.11 million million SLC in 2014.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 25,378 million SLC in 2001.
- How does Venezuela (Bolivarian Republic of) rank for total expenditure (central government) — value standard local currency?
- Venezuela (Bolivarian Republic of) ranks 8th out of 12 countries with data for 2014.
- Is total expenditure (central government) — value standard local currency rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 1,910.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.