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Venezuela: Government revenue (% of GDP)

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

2023
10.8%percent of GDP
Change on 2022
+2.5 pointsfrom 8.27%
Average, 2014–2023
10.4%10 years
Record high and low
38.0% (1974)low 4.53% (2020)

Government revenue (% of GDP)

Report error
0%5%10%15%20%25%30%35%40%192019401960198020002020VenezuelaVenezuela
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
202513.3Forecast
202412.7Forecast
202310.8
20228.27
20217.25
20204.53
201910.1
20186.88
20178.49
201611.2
201514.9
201421.8

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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