Venezuela — General government deficit (% of GDP)
% of GDP · Annual · 1921–2024 · 85 observations
About this series
The general government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
Venezuela's general government deficit reading was −12.2% of GDP in 2024. The period change from −4.22% of GDP in 2023 was −7.95 percentage points. The latest reading was below the selected 10-year average of −10.7% of GDP.
Get the full series
- Annual data, 1921–2024
- All 5 sources, downloadable
Latest observations
2008–2024
| Period | Value |
|---|---|
| 2024 | -12.2 % of GDP |
| 2023 | -4.22 % of GDP |
| 2022 | -6.84 % of GDP |
| 2021 | -5.86 % of GDP |
| 2020 | -6.6 % of GDP |
12 earlier values, back to 2008
| 2019 | -10.9 % of GDP |
| 2018 | -31 % of GDP |
| 2017 | -13.3 % of GDP |
| 2016 | -8.46 % of GDP |
| 2015 | -8.06 % of GDP |
| 2014 | -9.81 % of GDP |
| 2013 | -10.4 % of GDP |
| 2012 | -9.86 % of GDP |
| 2011 | -8.24 % of GDP |
| 2010 | -4.74 % of GDP |
| 2009 | -8.69 % of GDP |
| 2008 | -3.46 % of GDP |