Venezuela Public Consumption Expenditure

1964 - 2017 | Yearly | USD mn | CEIC Data

Key information about Venezuela Public Consumption Expenditure

  • Venezuela Public Consumption Expenditure was reported at 1,812.251 USD bn in Dec 2017.
  • This records an increase from the previous number of 282.138 USD bn for Dec 2016.
  • Venezuela Public Consumption Expenditure data is updated yearly, averaging 6.465 USD bn from Dec 1964 to 2017, with 54 observations.
  • The data reached an all-time high of 1,812.251 USD bn in 2017 and a record low of 971.954 USD mn in 1964.
  • Venezuela Public Consumption Expenditure data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Government Consumption Expenditure: USD: Annual: North and South America.

CEIC converts annual Government Consumption Expenditure into USD. The Central Bank of Venezuela provides Government Consumption Expenditure in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Government Consumption Expenditure prior to 1997 is sourced from the International Monetary Fund.

View Venezuela's Public Consumption Expenditure from 1964 to 2017 in the chart:

Venezuela Public Consumption Expenditure

What was Venezuela's Public Consumption Expenditure in 2017?

Venezuela Public Consumption Expenditure was reported at 1,812.251 USD bn in Dec 2017. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,812,251.289 2017 282,137.964 2016 971.954 1964 1,812,251.289 2017 USD mn yearly 1964 - 2017

Public Consumption Expenditure by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 874.895 Jun 2024 quarterly Mar 2008 - Jun 2024
Algeria (USD mn) 40,612.483 2023 yearly 1957 - 2023
Argentina (USD mn) 23,368.136 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (USD mn) 632.669 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (USD mn) 101,187.448 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (USD mn) 28,375.566 Jun 2024 quarterly Mar 1988 - Jun 2024
Azerbaijan (USD mn) 3,181.118 Jun 2024 quarterly Mar 2001 - Jun 2024
Bahrain (USD mn) 6,209.792 2021 yearly 1975 - 2021
Bangladesh (USD mn) 25,516.190 2024 yearly 1973 - 2024
Belarus (USD mn) 3,775.058 Jun 2024 quarterly Mar 2000 - Jun 2024
Belgium (USD mn) 40,166.274 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (USD mn) 2,212.553 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (USD mn) 1,398.190 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (USD mn) 1,532.598 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (USD mn) 102,108.795 Jun 2024 quarterly Mar 1996 - Jun 2024
Brunei (USD mn) 810.787 Jun 2024 quarterly Mar 2013 - Jun 2024
Bulgaria (USD mn) 5,312.281 Jun 2024 quarterly Mar 1995 - Jun 2024
Cambodia (USD mn) 2,368.114 2022 yearly 1993 - 2022
Canada (USD mn) 119,510.306 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (USD mn) 12,396.553 Jun 2024 quarterly Mar 1996 - Jun 2024
China (USD mn) 2,939,579.607 2023 yearly 1957 - 2023
Colombia (USD mn) 15,594.650 Mar 2024 quarterly Mar 2000 - Mar 2024
Croatia (USD mn) 5,199.662 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (USD mn) 1,690.515 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (USD mn) 17,292.647 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (USD mn) 23,919.170 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (USD mn) 4,178.943 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (USD mn) 5,212.573 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (USD mn) 2,218.655 Jun 2024 quarterly Mar 1995 - Jun 2024
European Union (USD mn) 1,031,876.530 Jun 2024 quarterly Mar 1999 - Jun 2024
Finland (USD mn) 19,650.362 Jun 2024 quarterly Mar 1990 - Jun 2024
France (USD mn) 196,260.985 Sep 2024 quarterly Mar 1957 - Sep 2024
Georgia (USD mn) 1,053.996 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (USD mn) 255,324.440 Jun 2024 quarterly Mar 1960 - Jun 2024
Ghana (USD mn) 4,480.439 2023 yearly 2006 - 2023
Greece (USD mn) 11,678.205 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (USD mn) 12,298.741 Jun 2024 quarterly Mar 1973 - Jun 2024
Hungary (USD mn) 11,334.726 Jun 2024 quarterly Mar 1995 - Jun 2024
Iceland (USD mn) 2,086.570 Jun 2024 quarterly Mar 1995 - Jun 2024
India (USD mn) 94,095.716 Jun 2024 quarterly Jun 1996 - Jun 2024
Indonesia (USD mn) 25,736.868 Sep 2024 quarterly Mar 1993 - Sep 2024
Iran (USD mn) 141,523.711 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (USD mn) 15,063.160 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (USD mn) 34,639.554 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (USD mn) 102,444.561 Jun 2024 quarterly Mar 1995 - Jun 2024
Ivory Coast (USD mn) 8,119.050 2023 yearly 1960 - 2023
Japan (USD mn) 199,421.121 Jun 2024 quarterly Mar 1980 - Jun 2024
Jordan (USD mn) 9,336.983 2023 yearly 1963 - 2023
Kazakhstan (USD mn) 8,071.922 Jun 2024 quarterly Mar 2007 - Jun 2024
Kenya (USD mn) 13,918.450 2022 yearly 1960 - 2022
South Korea (USD mn) 80,114.680 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (USD mn) 331.200 Jun 2024 quarterly Mar 2010 - Jun 2024
Kuwait (USD mn) 38,081.587 2022 yearly 1962 - 2022
Kyrgyzstan (USD mn) 519.121 Sep 2023 quarterly Mar 2008 - Sep 2023
Laos (USD mn) 2,223.127 2016 yearly 2000 - 2016
Latvia (USD mn) 2,274.133 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (USD mn) 9,947.806 2020 yearly 1990 - 2020
Lithuania (USD mn) 3,874.414 Jun 2024 quarterly Mar 1995 - Jun 2024
Luxembourg (USD mn) 4,400.120 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (USD mn) 1,462.747 Jun 2024 quarterly Mar 2001 - Jun 2024
North Macedonia (USD mn) 681.293 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (USD mn) 1,066.186 2019 yearly 1960 - 2019
Malaysia (USD mn) 10,940.015 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (USD mn) 930.422 Jun 2024 quarterly Mar 1992 - Jun 2024
Mauritius (USD mn) 546.246 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (USD mn) 54,735.591 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (USD mn) 832.875 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (USD mn) 1,106.544 Jun 2024 quarterly Mar 2010 - Jun 2024
Montenegro (USD mn) 333.486 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (USD mn) 6,982.644 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (USD mn) 3,600.987 2023 yearly 1963 - 2023
Nepal (USD mn) 2,698.558 2024 yearly 1975 - 2024
Netherlands (USD mn) 76,512.930 Jun 2024 quarterly Mar 1988 - Jun 2024
New Zealand (USD mn) 13,802.218 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (USD mn) 3,241.642 Dec 2023 quarterly Mar 2010 - Dec 2023
Norway (USD mn) 27,506.687 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (USD mn) 20,032.027 2022 yearly 1980 - 2022
Pakistan (USD mn) 32,668.375 2024 yearly 1960 - 2024
Palestinian Territory (USD mn) 650.500 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (USD mn) 10,154.666 2023 yearly 1950 - 2023
Paraguay (USD mn) 1,335.529 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (USD mn) 9,208.856 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (USD mn) 16,528.075 Sep 2024 quarterly Mar 1981 - Sep 2024
Poland (USD mn) 43,963.706 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (USD mn) 12,721.340 Mar 2024 quarterly Mar 1995 - Mar 2024
Qatar (USD mn) 7,808.533 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (USD mn) 17,587.741 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (USD mn) 96,949.653 Jun 2024 quarterly Mar 1993 - Jun 2024
Saudi Arabia (USD mn) 64,500.904 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (USD mn) 3,424.642 Jun 2024 quarterly Mar 1995 - Jun 2024
Singapore (USD mn) 11,262.822 Jun 2024 quarterly Mar 1975 - Jun 2024
Slovakia (USD mn) 6,978.231 Jun 2024 quarterly Mar 1995 - Jun 2024
Slovenia (USD mn) 3,778.917 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (USD mn) 18,917.203 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (USD mn) 85,918.647 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (USD mn) 1,887.265 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (USD mn) 17,686.973 2023 yearly 1960 - 2023
Sweden (USD mn) 39,655.101 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (USD mn) 26,643.612 Jun 2024 quarterly Mar 1980 - Jun 2024
Syria (USD mn) 866.719 2022 yearly 1990 - 2022

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Venezuela 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) 1,928.464 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,700.976 2022 yearly 1995 - 2022
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) 381,424.669 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 162,048.898 2022 yearly 1995 - 2022
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: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 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: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 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: Food, Beverages and Tobacco (USD mn) 2,281.712 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: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 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: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Import Value Index (2015=100) 23.312 2021 yearly 1980 - 2021
Export Value Index (2015=100) 9.582 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: Capital Account (USD mn) 0.000 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: Current Account: Goods (USD mn) 5,680.000 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: Financial Account: Portfolio Investment (USD mn) 585.000 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
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 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: Portfolio Investment: Assets (USD mn) 4.000 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: Reserves: Assets (USD mn) -325.000 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: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 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

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data