Venezuela Forecast: Government Expenditure
2018 - 2023 | Yearly | VED bn | International Monetary Fund
Key information about Venezuela Forecast: Government Expenditure
- Venezuela Government Expenditure is forecasted to be 437.177 VED bn in Dec 2023 as reported by International Monetary Fund.
- It records an increase from the last reported number of 437.177 VED bn in Dec 2023.
- Looking ahead, Venezuela Government Expenditure is projected to stand at 437.177 VED bn in Dec 2023.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Venezuela's Forecast: Government Expenditure from 2018 to 2023 in the chart:
What is Venezuela's Forecast: Government Expenditure in 2023?
Venezuela Government Expenditure is forecasted to be 437.177 VED bn in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 437.177 2023 | 97.222 2022 | 0.002 2018 | 437.177 2023 | VED bn | yearly | 2018 - 2023 |
Forecast: Government Expenditure by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 229.209 2023 | yearly | 2002 - 2023 |
| Albania (ALL bn) | 1,027.504 2029 | yearly | 1997 - 2029 |
| Algeria (DZD bn) | 16,911.079 2029 | yearly | 1990 - 2029 |
| Andorra (%) | 36.271 2028 | yearly | 2001 - 2028 |
| Angola (AOA bn) | 30,579.806 2029 | yearly | 1996 - 2029 |
| Antigua and Barbuda (XCD bn) | 1.469 2029 | yearly | 1990 - 2029 |
| Argentina (ARS bn) | 740,993.414 2029 | yearly | 1993 - 2029 |
| Armenia (AMD bn) | 4,374.501 2029 | yearly | 2005 - 2029 |
| Aruba (%) | 21.292 2028 | yearly | 1995 - 2028 |
| Australia (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Austria (EUR bn) | 308.609 2029 | yearly | 1988 - 2029 |
| Azerbaijan (AZN bn) | 46.605 2029 | yearly | 1994 - 2029 |
| Bahamas (BSD bn) | 3.693 2029 | yearly | 1990 - 2029 |
| Bahrain (BHD bn) | 5.683 2029 | yearly | 1990 - 2029 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.732 2030 | yearly | 1995 - 2030 |
| Belarus (BYN bn) | 138.225 2029 | yearly | 2001 - 2029 |
| Belgium (EUR bn) | 400.202 2029 | yearly | 1980 - 2029 |
| Belize (BZD bn) | 1.937 2029 | yearly | 1996 - 2029 |
| Benin (XOF bn) | 3,898.638 2029 | yearly | 1989 - 2029 |
| Bhutan (BTN bn) | 141.129 2029 | yearly | 1981 - 2029 |
| Bolivia (BOB bn) | 154.661 2029 | yearly | 1984 - 2029 |
| Bosnia and Herzegovina (BAM bn) | 28.027 2029 | yearly | 1998 - 2029 |
| Botswana (BWP bn) | 117.247 2030 | yearly | 1981 - 2030 |
| Brazil (BRL bn) | 6,975.892 2029 | yearly | 2001 - 2029 |
| Brunei (BND bn) | 6.627 2029 | yearly | 1980 - 2029 |
| Bulgaria (BGN bn) | 97.888 2029 | yearly | 1998 - 2029 |
| Burkina Faso (XOF bn) | 5,183.536 2029 | yearly | 1985 - 2029 |
| Burundi (BIF bn) | 8,634.540 2029 | yearly | 1990 - 2029 |
| Cambodia (KHR bn) | 49,759.239 2029 | yearly | 1996 - 2029 |
| Cameroon (XAF bn) | 7,713.943 2029 | yearly | 2000 - 2029 |
| Canada (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
| Cape Verde (CVE bn) | 97.798 2029 | yearly | 1994 - 2029 |
| Central African Republic (XAF bn) | 431.460 2029 | yearly | 1988 - 2029 |
| Chad (XAF bn) | 2,650.660 2029 | yearly | 1995 - 2029 |
| Chile (CLP bn) | 105,724.758 2029 | yearly | 1990 - 2029 |
| China (RMB bn) | 61,759.865 2029 | yearly | 1982 - 2029 |
| Colombia (COP bn) | 719,334.932 2029 | yearly | 1982 - 2029 |
| Comoros (KMF bn) | 162.544 2029 | yearly | 1984 - 2029 |
| Congo (XAF bn) | 2,406.260 2029 | yearly | 1989 - 2029 |
| Costa Rica (CRC bn) | 11,444.353 2029 | yearly | 1990 - 2029 |
| Croatia (EUR bn) | 49.722 2029 | yearly | 1992 - 2029 |
| Cyprus (EUR bn) | 17.597 2029 | yearly | 1995 - 2029 |
| Czech Republic (CZK bn) | 3,989.504 2029 | yearly | 1995 - 2029 |
| Democratic Republic of Congo (CDF bn) | 58,691.414 2029 | yearly | 1996 - 2029 |
| Denmark (DKK bn) | 1,663.394 2029 | yearly | 1980 - 2029 |
| Djibouti (DJF bn) | 212.245 2029 | yearly | 1990 - 2029 |
| Dominica (XCD bn) | 1.034 2029 | yearly | 1990 - 2029 |
| Dominican Republic (DOP bn) | 1,982.578 2029 | yearly | 1997 - 2029 |
| Ecuador (USD bn) | 51.430 2029 | yearly | 1995 - 2029 |
| Egypt (EGP bn) | 7,219.600 2029 | yearly | 1999 - 2029 |
| El Salvador (SVC bn) | 14.164 2029 | yearly | 1990 - 2029 |
| Equatorial Guinea (XAF bn) | 1,878.274 2029 | yearly | 1980 - 2029 |
| Eritrea (ERN bn) | 9.338 2019 | yearly | 1992 - 2019 |
| Estonia (EUR bn) | 21.897 2029 | yearly | 1995 - 2029 |
| Swaziland (SZL bn) | 38.780 2030 | yearly | 1981 - 2030 |
| Ethiopia (ETB bn) | 4,819.139 2029 | yearly | 1980 - 2029 |
| Fiji (FJD bn) | 5.348 2028 | yearly | 1992 - 2028 |
| Finland (EUR bn) | 185.332 2029 | yearly | 1980 - 2029 |
| France (EUR bn) | 1,934.691 2029 | yearly | 1980 - 2029 |
| Gabon (XAF bn) | 3,683.236 2029 | yearly | 1990 - 2029 |
| Gambia (GMD bn) | 56.764 2029 | yearly | 2000 - 2029 |
| Georgia (GEL bn) | 40.909 2029 | yearly | 1995 - 2029 |
| Germany (EUR bn) | 2,430.883 2029 | yearly | 1991 - 2029 |
| Ghana (GHS bn) | 408.854 2029 | yearly | 1980 - 2029 |
| Greece (EUR bn) | 126.705 2029 | yearly | 1980 - 2029 |
| Grenada (XCD bn) | 1.362 2029 | yearly | 1990 - 2029 |
| Guatemala (GTQ bn) | 192.425 2029 | yearly | 1995 - 2029 |
| Guinea (GNF bn) | 74,925.820 2029 | yearly | 1990 - 2029 |
| Guinea-Bissau (GWP bn) | 366.276 2029 | yearly | 1991 - 2029 |
| Guyana (GYD bn) | 1,506.994 2029 | yearly | 1997 - 2029 |
| Haiti (HTG bn) | 545.979 2029 | yearly | 1997 - 2029 |
| Honduras (HNL bn) | 363.532 2029 | yearly | 1990 - 2029 |
| Hong Kong SAR, China (HKD bn) | 865.064 2030 | yearly | 1982 - 2030 |
| Hungary (HUF bn) | 50,519.031 2029 | yearly | 1995 - 2029 |
| Iceland (ISK bn) | 2,558.091 2029 | yearly | 1980 - 2029 |
| India (INR bn) | 151,611.822 2030 | yearly | 1989 - 2030 |
| Indonesia (IDR bn) | 5,468,663.624 2029 | yearly | 1993 - 2029 |
| Iran (IRR bn) | 102,170,609.775 2030 | yearly | 1991 - 2030 |
| Iraq (IQD bn) | 204,643.953 2029 | yearly | 2004 - 2029 |
| Ireland (EUR bn) | 161.203 2029 | yearly | 1980 - 2029 |
| Israel (ILS bn) | 1,053.304 2029 | yearly | 2000 - 2029 |
| Italy (EUR bn) | 1,200.142 2029 | yearly | 1988 - 2029 |
| Ivory Coast (XOF bn) | 17,297.009 2029 | yearly | 1997 - 2029 |
| Jamaica (JMD bn) | 1,331.228 2030 | yearly | 1991 - 2030 |
| Japan (JPY bn) | 285,838.584 2029 | yearly | 1980 - 2029 |
| Jordan (JOD bn) | 14.085 2029 | yearly | 1985 - 2029 |
| Kazakhstan (KZT bn) | 45,053.221 2029 | yearly | 2002 - 2029 |
| Kenya (KES bn) | 6,278.921 2029 | yearly | 1982 - 2029 |
| Kiribati (AUD bn) | 0.615 2029 | yearly | 1990 - 2029 |
| South Korea (KRW bn) | 700,035.486 2029 | yearly | 1995 - 2029 |
| Kosovo (EUR bn) | 4.315 2029 | yearly | 2000 - 2029 |
| Kuwait (KWD bn) | 27.335 2029 | yearly | 1985 - 2029 |
| Kyrgyzstan (KGS bn) | 792.705 2029 | yearly | 1995 - 2029 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (EUR bn) | 22.508 2029 | yearly | 1998 - 2029 |
| Lebanon (LBP bn) | 277,571.056 2023 | yearly | 1990 - 2023 |
| Lesotho (LSL bn) | 34.905 2030 | yearly | 1983 - 2030 |
| Liberia (LRD bn) | 1.506 2029 | yearly | 2000 - 2029 |
| Libya (LYD bn) | 128.676 2029 | yearly | 1990 - 2029 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doVenezuela Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.9 2012 | yearly | 1998 - 2012 |
| National Government Debt (USD mn) | 105,131.7 2016 | yearly | 1996 - 2016 |
| Government Debt: % of GDP (%) | 3.5 2016 | yearly | 1997 - 2016 |
| Forecast: Government Expenditure (VED bn) | 437.177 2023 | yearly | 2018 - 2023 |
| Forecast: Government Net Debt (VED bn) | 4,250.801 2023 | yearly | 2018 - 2023 |
| Forecast: Government Revenue (VED bn) | 314.569 2023 | yearly | 2019 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 14.278 2024 | yearly | 1983 - 2024 |
| Trade Balance (USD mn) | -3,437.1 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Total Exports (USD mn) | 196.9 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Total Exports Growth (%) | 37.5 Oct 2014 | monthly | Jan 1995 - Oct 2014 |
| Aluminum: Exports (USD th) | 25,910.884 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,636.250 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 14,897.401 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 3,634.0 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Total Imports Growth (%) | -12.8 Oct 2014 | monthly | Jan 1995 - Oct 2014 |
| Imports: Medicament (USD th) | 439,780.789 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 366,403.144 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 607.571 Jul 2024 | monthly | Jan 1981 - Jul 2024 |
| Total Imports from USA (USD mn) | 265.986 Jul 2024 | monthly | Jan 1981 - Jul 2024 |
| Total Exports to China (USD mn) | 35.081 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Total Imports from China (USD mn) | 531.361 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Exports: ytd: Netherlands (USD mn) | 210.219 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Transportation (USD mn) | 143.917 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Metal (USD mn) | 227.068 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Chemical Product (USD mn) | 1,016.192 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mexico (USD mn) | 31.886 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Agricultural (Vegetal) (USD mn) | 4,399.031 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Colombia (USD mn) | 1,758.351 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Brazil (USD mn) | 3,405.413 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Plastic and Manufacturing Product (USD mn) | 1,562.038 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: China (USD mn) | 4,614.360 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: United States (USD mn) | 7,699.659 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Mineral (USD mn) | 1,074.772 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Paper (USD mn) | 610.290 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Food, Beverages and Tobacco (USD mn) | 2,281.712 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Germany (USD mn) | 862.891 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Export Value Index (2015=100) | 9.582 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 23.312 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 234.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
| Current Account Balance (USD mn) | 2,533.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
| Current Account Balance: % of GDP (%) | 0.0 2017 | yearly | 1970 - 2017 |
| Foreign Direct Investment (USD mn) | 105.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
| Foreign Direct Investment: % of GDP (%) | -0.0 2017 | yearly | 1970 - 2017 |
| Foreign Portfolio Investment (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 2017 | yearly | 1997 - 2017 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt (USD mn) | 110,159.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: % of GDP (%) | 0.6 2017 | yearly | 1997 - 2017 |
| External Debt: Short Term (USD mn) | 44,489.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Short Term: % of GDP (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Forecast: Current Account Balance (USD bn) | 3.682 2025 | yearly | 1980 - 2025 |
| Net International Investment Position (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Current Account: Goods (USD mn) | 5,680.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Capital Account (USD mn) | 0.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Portfolio Investment (USD mn) | 585.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Reserves: Assets (USD mn) | -325.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) | 4.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account (USD mn) | -1,617.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Direct Investment (USD mn) | -129.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Net Errors and Omissions (USD mn) | -620.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Current Account: Services (USD mn) | -1,663.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Other Investment (USD mn) | -2,073.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Current Account: Income (USD mn) | -1,975.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| International Investment Position (IIP) (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Assets (USD mn) | 220,971.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Liabilities (USD mn) | 110,250.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Private: Total (USD mn) | 18,645.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Public: Total (USD mn) | 91,514.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.3 Jul 2018 | monthly | Jan 2004 - Jul 2018 |
| Household Debt: % of GDP (%) | 3.4 2017 | yearly | 2004 - 2017 |
| Non-Performing Loans (USD mn) | 6.427 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Money Supply M1 (USD mn) | 3,388.944 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Money Supply M2 (USD mn) | 3,392.563 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| M2 Growth (%) | 152.0 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Reserve Requirement Ratio (%) | 73.0 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 10,778.0 Oct 2024 | monthly | Dec 1961 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.048 2017 | yearly | 1995 - 2017 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.0 Jul 2024 | monthly | Jan 1981 - Jul 2024 |
| Gold Reserves (USD mn) | 4,497.791 Sep 2024 | monthly | Dec 1950 - Sep 2024 |
| Total Deposits (USD mn) | 159.256 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Total Deposits Growth (%) | 344.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Domestic Credit (USD mn) | 279,943.9 Aug 2014 | monthly | Jan 1966 - Aug 2014 |
| Domestic Credit Growth (%) | 70.2 Aug 2014 | monthly | Jan 1967 - Aug 2014 |
| Household Debt (USD mn) | 27.5 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans (USD mn) | 881.730 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans Growth (%) | 1,260.58 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Private Debt: % of Nominal GDP (%) | 39.51 2014 | yearly | 1960 - 2014 |
| International Reserve: Total (USD mn) | 10,778.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
More Indicators for Venezuela
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