Total Expenditure (central government) — Value US$ in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Total Expenditure (central government) — Value US$ was 132,576 million USD in 2014. ◆ Volatile
Total Expenditure (central government) — Value US$ in Venezuela (Bolivarian Republic of), 2001–2014
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2014, total expenditure (central government) — value us$ in Venezuela (Bolivarian Republic of) stood at 132,576 million USD. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 12.2% on the previous year and up 355.5% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Venezuela (Bolivarian Republic of) peaked at 132,576 million USD in 2014 and was at its lowest, 22,156 million USD, in 2003.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value US$ in Venezuela (Bolivarian Republic of), year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 35,070 million USD | — |
| 2002 | 22,679 million USD | -35.3% |
| 2003 | 22,156 million USD | -2.3% |
| 2004 | 29,104 million USD | +31.4% |
| 2005 | 38,874 million USD | +33.6% |
| 2006 | 56,121 million USD | +44.4% |
| 2007 | 64,226 million USD | +14.4% |
| 2008 | 85,886 million USD | +33.7% |
| 2009 | 87,945 million USD | +2.4% |
| 2010 | 85,348 million USD | -3.0% |
| 2011 | 83,051 million USD | -2.7% |
| 2012 | 111,506 million USD | +34.3% |
| 2013 | 118,146 million USD | +6.0% |
| 2014 | 132,576 million USD | +12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49,118 million USD | 22,156 million USD | 87,945 million USD | 9 |
| 2010s | 106,126 million USD | 83,051 million USD | 132,576 million USD | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 1 China, mainland 1.96 million million USD compare
- 1 Türkiye 274,254 million USD compare
- 2 Côte d'Ivoire 22,687 million USD compare
- 2 United Kingdom of Great Britain and Northern Ireland 1.57 million million USD compare
- 3 Cabo Verde 655.86 million USD compare
- 3 Iran (Islamic Republic of) 41,955 million USD compare
- 3 Japan 789,615 million USD compare
- 4 Italy 773,926 million USD compare
- 4 Viet Nam 32,572 million USD compare
- 5 France 725,627 million USD compare
- 5 United Republic of Tanzania 13,572 million USD 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$, 2015 prices -35.55 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.01 % (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Venezuela (Bolivarian Republic of)?
- Total expenditure (central government) — value us$ in Venezuela (Bolivarian Republic of) was 132,576 million USD in 2014, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 132,576 million USD in 2014.
- What is the lowest total expenditure (central government) — value us$ recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 22,156 million USD in 2003.
- How does Venezuela (Bolivarian Republic of) rank for total expenditure (central government) — value us$?
- Venezuela (Bolivarian Republic of) ranks 2nd out of 12 countries with data for 2014.
- Is total expenditure (central government) — value us$ rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 355.5%. 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 US$. 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.