How does Venezuela rank for general government final consumption expenditure?

Venezuela ranks 134th out of 175 countries with data for 2014.

Is general government final consumption expenditure rising or falling in Venezuela?

Over the last ten years it is up 75.5%. The long-run trend across the full record is volatile.

Where does this Venezuela data come from?

The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.

General government final consumption expenditure in Venezuela

Name: General government final consumption expenditure in Venezuela
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Venezuela: General government final consumption expenditure was 10.28 billion constant LCU in 2014. ◆ Volatile

Latest (2014)

10.28 billion constant LCU

Change on year

up 0.6%

World rank

134th

of 175 countries

All-time high

10.28 billion constant LCU

in 2014

All-time low

1.16 billion constant LCU

in 1962

Years of data

1960–2014

General government final consumption expenditure in Venezuela, 1960–2014

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

Venezuela recorded 10.28 billion constant LCU for general government final consumption expenditure in 2014. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 0.6% on the previous year and up 75.5% over ten years.

Over the whole period, general government final consumption expenditure in Venezuela peaked at 10.28 billion constant LCU in 2014 and was at its lowest, 1.16 billion constant LCU, in 1962.

Venezuela ranks 134th of 175 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	1.49 billion constant LCU	1.16 billion constant LCU	1.95 billion constant LCU	10
1970s	2.30 billion constant LCU	1.93 billion constant LCU	2.59 billion constant LCU	10
1980s	2.88 billion constant LCU	2.65 billion constant LCU	3.35 billion constant LCU	10
1990s	3.84 billion constant LCU	3.15 billion constant LCU	4.98 billion constant LCU	10
2000s	6.42 billion constant LCU	4.65 billion constant LCU	8.60 billion constant LCU	10
2010s	9.70 billion constant LCU	8.79 billion constant LCU	10.28 billion constant LCU	5

Countries ranked near Venezuela

131 Georgia 11.69 billion constant LCU compare
132 Cuba 11.62 billion constant LCU compare
133 Slovenia 11.37 billion constant LCU compare
135 Panama 10.14 billion constant LCU compare
136 Gambia 9.89 billion constant LCU compare
137 Lithuania 9.76 billion constant LCU compare

See the full ranking of 175 places →

More economy & growth data for Venezuela

DEC alternative conversion factor 165.46 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
Taxes less subsidies on products 0 current LCU (2011)
Taxes less subsidies on products 0 current US$ (2011)
Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
GNI per capita 568,963 current LCU (2025)
GNI per capita, Atlas method 3,860 current US$ (2025)
GNI 16.23 trillion current LCU (2025)

All data for Venezuela →

Frequently asked questions

What is general government final consumption expenditure in Venezuela?: General government final consumption expenditure in Venezuela was 10.28 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Venezuela?: The highest recorded value was 10.28 billion constant LCU in 2014.
What is the lowest general government final consumption expenditure recorded in Venezuela?: The lowest recorded value was 1.16 billion constant LCU in 1962.
How does Venezuela rank for general government final consumption expenditure?: Venezuela ranks 134th out of 175 countries with data for 2014.
Is general government final consumption expenditure rising or falling in Venezuela?: Over the last ten years it is up 75.5%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?: The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator: General government final consumption expenditure (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 175 places, 7,363 data points, 1960–2025
Last refreshed: 06 August 2026

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.