Venezuela: Government deficit (% of GDP)
Percent of GDP · 1921–2023 · 92 observations · forecasts to 2025 · govdef_GDP
- 2023
- −4.22%percent of GDP
- Change on 2022
- +2.6 pointsfrom −6.84%
- Average, 2014–2023
- −10.5%10 years
- Record high and low
- 7.94% (1996)low −31.0% (2018)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2025 | -5.84 | Forecast |
| 2024 | -3.67 | Forecast |
| 2023 | -4.22 | |
| 2022 | -6.84 | |
| 2021 | -5.86 | |
| 2020 | -6.60 | |
| 2019 | -10.9 | |
| 2018 | -31.0 | |
| 2017 | -13.3 | |
| 2016 | -8.46 | |
| 2015 | -8.06 | |
| 2014 | -9.81 |
Sources
This series is derived from other GMD variables.
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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