General government final consumption expenditure in Venezuela
Venezuela: General government final consumption expenditure was 0 current US$ in 2011. ◆ Volatile
General government final consumption expenditure in Venezuela, 1960–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Venezuela recorded 0 current US$ for general government final consumption expenditure in 2011. That is the lowest value across all 52 years on record.
Over the whole period, general government final consumption expenditure in Venezuela peaked at 9.59 billion current US$ in 1981 and was at its lowest, 0 current US$, in 1991.
Venezuela ranks 186th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.07 billion current US$ | 911.95 million current US$ | 1.31 billion current US$ | 10 |
| 1970s | 3.49 billion current US$ | 1.42 billion current US$ | 6.26 billion current US$ | 10 |
| 1980s | 7.01 billion current US$ | 4.03 billion current US$ | 9.59 billion current US$ | 10 |
| 1990s | 395.85 million current US$ | 0 current US$ | 3.96 billion current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 0 current US$ | 0 current US$ | 0 current US$ | 2 |
Countries ranked near Venezuela
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)
Frequently asked questions
- What is general government final consumption expenditure in Venezuela?
- General government final consumption expenditure in Venezuela was 0 current US$ in 2011, 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 9.59 billion current US$ in 1981.
- What is the lowest general government final consumption expenditure recorded in Venezuela?
- The lowest recorded value was 0 current US$ in 1991.
- How does Venezuela rank for general government final consumption expenditure?
- Venezuela ranks 186th out of 186 countries with data for 2011.
- 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.