Venezuela — Government consumption (% of GDP)
% of GDP · 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. This series expresses the aggregate as a percentage of GDP for the matching period.
For Venezuela, the government consumption reading stood at 8.12% of GDP in 2024. Against 8.15% of GDP in 2023, the period change was −0.03 percentage points. It was below the selected 10-year average of 8.24% of GDP.
Get the full series
- Annual data, 1950–2024
- All 4 sources, downloadable
Latest observations
2010–2024
| Period | Value |
|---|---|
| 2024 | 8.12 % of GDP |
| 2023 | 8.15 % of GDP |
| 2022 | 7.82 % of GDP |
| 2021 | 8.66 % of GDP |
| 2020 | 8.88 % of GDP |
10 earlier values, back to 2010
| 2019 | 3.95 % of GDP |
| 2018 | 8.81 % of GDP |
| 2017 | 9 % of GDP |
| 2016 | 9.29 % of GDP |
| 2015 | 9.69 % of GDP |
| 2014 | 14.6 % of GDP |
| 2013 | 12.4 % of GDP |
| 2012 | 12.2 % of GDP |
| 2011 | 11.5 % of GDP |
| 2010 | 11.2 % of GDP |