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Venezuela — Government consumption

millions of VES · Annual · 1830–2024 · 195 observations

About this series

Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure.

The latest government consumption reading for Venezuela was 166.58B VES in 2024. The previous reading was 102.62B VES in 2023; the period change was +62.3%. The latest reading was above the selected 10-year average of 29.66B VES. The corresponding ratio to GDP was 8.12% in 2024.

1.0e-70.001010100.00K1.00B183020002024VESSubscribe to view

Get the full series

  • Annual data, 1830–2024
  • All 4 sources, downloadable

Latest observations

2000–2024

PeriodValue
2024166.58B VES
2023102.62B VES
202220.24B VES
20216.67B VES
2020517.99M VES
15 earlier values
201916.51M VES
2018240.17K VES
2017180.77 VES
201626.11 VES
20157.79 VES
20144.43 VES
20132.78 VES
20121.99 VES
20111.56 VES
20101.14 VES
20090.97 VES
20080.80 VES
20070.62 VES
20060.46 VES
20050.34 VES

Values before 2005, back to 2000, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.