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Venezuela: Household consumption

Millions of local currency · 1950–2024 · 75 observations · hcons

2024
1.81 trillionlocal currency
Change on 2023
+64.7%year on year
Average growth, 2014–2024
+1130.2%a year
In US dollars, 2024
$47.2 billionUS dollars

Household consumption

Report error
1e-50.011010k10M10B10T19501960197019801990200020102020VenezuelaVenezuela
Local currency

Compare with other countries →Definition of Household consumption

Recent values

Millions of local currency

YearValue
20241,812,197
20231,100,451
2022233,828
202169,510
20205,326
2019246.3
20181.92
20170.00179
20160.000241
20150.0000689

Sources

  • Penn World Table1950–2019
  • World Development Indicators1960–1990
  • Baptista1968–1995
  • United Nations1970–2024

Compare these sources →

Venezuela documentation (PDF)

More for Venezuela

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

Household consumption 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 →

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