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Venezuela: Household consumption (% of GDP)

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

2024
88.3%percent of GDP
Change on 2023
+0.9 pointsfrom 87.4%
Average, 2015–2024
83.7%10 years
Record high and low
91.3% (2020)low 28.2% (1974)

Household consumption (% of GDP)

Report error
20%30%40%50%60%70%80%90%100%19501960197019801990200020102020VenezuelaVenezuela
Percent of GDP

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

Recent values

Percent of GDP

YearValue
202488.3
202387.4
202290.4
202190.2
202091.3
201958.9
201870.4
201789.0
201685.8
201585.7

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 →

Household 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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