Venezuela — Government consumption
millions of LCU · Annual · 1950–2024 · 75 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 LCU in 2024. The previous reading was 102.62B LCU in 2023; the period change was +62.3%. The latest reading was above the selected 10-year average of 29.66B LCU. The corresponding ratio to GDP was 8.12% in 2024.
Get the full series
- Annual data, 1950–2024
- All 4 sources, downloadable
Latest observations
2010–2024
| Period | Value |
|---|---|
| 2024 | 166.58B LCU |
| 2023 | 102.62B LCU |
| 2022 | 20.24B LCU |
| 2021 | 6.67B LCU |
| 2020 | 517.99M LCU |
10 earlier values, back to 2010
| 2019 | 16.51M LCU |
| 2018 | 240.17K LCU |
| 2017 | 180.77 LCU |
| 2016 | 26.11 LCU |
| 2015 | 7.79 LCU |
| 2014 | 4.43 LCU |
| 2013 | 2.78 LCU |
| 2012 | 1.99 LCU |
| 2011 | 1.56 LCU |
| 2010 | 1.14 LCU |