Venezuela Public Consumption: % of GDP

Key information about Venezuela Public Consumption: % of GDP

• Venezuela Public Consumption accounted for 9.0 % of its Nominal GDP in Dec 2017, compared with a share of 9.3 % in the previous year.
• Venezuela Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1950 to Dec 2017, with an average number of 12.5 %.
• The data reached an all-time high of 15.0 % in Dec 1981 and a record low of 5.0 % in Dec 1996.

• In the latest reports, Venezuela GDP contracted 26.8 % YoY in Mar 2019.
• Venezuela Nominal GDP reached 20,139.5 USD bn in Dec 2017.
• Its GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017.
• Venezuela GDP Per Capita reached 640,750.5 USD in Dec 2017.
• Its Gross Savings Rate was measured at -17.8 % in Dec 2017.
• For Nominal GDP contributions, Investment accounted for -3.7 % in Dec 2017.
• Private Consumption accounted for 100.5 % in Dec 2017.

View Venezuela's Public Consumption: % of GDP from 1950 to 2017 in the chart:

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What was Venezuela's Public Consumption: % of GDP in 2017?

Venezuela Public Consumption accounted for 9.0 % of its Nominal GDP in Dec 2017, compared with a share of 9.3 % in the previous year. See the table below for more data.

Public Consumption: % of GDP by Country Comparison

Venezuela Key Series

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