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Venezuela: Government consumption (% of GDP)

Percent of GDP · 1950–2024 · 75 observations · gcons_GDP

2024
8.12%percent of GDP
Change on 2023
−0.0 pointsfrom 8.15%
Average, 2015–2024
8.24%10 years
Record high and low
23.1% (1981)low 3.95% (2019)

Government consumption (% of GDP)

Report error
0%5%10%15%20%25%19501960197019801990200020102020VenezuelaVenezuela
Percent of GDP

Compare with other countries →Definition of Government consumption (% of GDP)

Recent values

Percent of GDP

YearValue
20248.12
20238.15
20227.82
20218.66
20208.88
20193.95
20188.81
20179.00
20169.29
20159.69

Sources

This series is derived from other GMD variables.

Venezuela documentation (PDF)

More for Venezuela

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 72 series →

Government consumption (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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