Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

Venezuela: General government expenditure (% of GDP)

Percent of GDP · 1920–2023 · 104 observations · forecasts to 2025 · gen_govexp_GDP

2023
15.0%percent of GDP
Change on 2022
−0.1 pointsfrom 15.1%
Average, 2014–2023
20.9%10 years
Record high and low
42.2% (1994)low 7.09% (1922)

General government expenditure (% of GDP)

Report error
0%10%20%30%40%50%192019401960198020002020VenezuelaVenezuela
ForecastPercent of GDP

Compare with other countries →Definition of General government expenditure (% of GDP)

Recent values

Percent of GDP

YearValue
202522.9Forecast
202419.9Forecast
202315.0
202215.1
202113.1
202011.1
201921.0
201837.9
201721.8
201619.7
201522.9
201431.6

Sources

  • IMF Fiscal Policy Panel1920–2023
  • IMF World Economic Outlook1988–2017
  • IMF WEO (forecast)2017–2025

Compare these sources →

Venezuela documentation (PDF)

More for Venezuela

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

General government expenditure (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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 →

GMD release 2026_09 · License & terms