Expenditure, General government, Percent of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Expenditure, General government, Percent of GDP was 16.74 in 2030. ▼ Falling
Latest (2030)
16.74
Change on year
down 1.2%
World rank
178th
of 195 countries
All-time high
42.22
in 1994
All-time low
11.16
in 2020
Years of data
40
1991–2030
Expenditure, General government, Percent of GDP in Venezuela, Bolivarian Republic of, 1991–2030
Source: International Monetary Fund.
Analysis
In 2030, expenditure, general government, percent of gdp in Venezuela, Bolivarian Republic of stood at 16.74.
The figure is down 1.2% on the previous year and up 50.0% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Venezuela, Bolivarian Republic of peaked at 42.22 in 1994 and was at its lowest, 11.16, in 2020.
That places Venezuela, Bolivarian Republic of 178th out of 195 countries with data for 2030, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Expenditure, General government, Percent of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 33.89 | — |
| 1992 | 30.65 | -9.6% |
| 1993 | 27.67 | -9.7% |
| 1994 | 42.22 | +52.6% |
| 1995 | 32.87 | -22.1% |
| 1996 | 27.73 | -15.6% |
| 1997 | 30.99 | +11.8% |
| 1998 | 28.79 | -7.1% |
| 1999 | 26.1 | -9.3% |
| 2000 | 28.29 | +8.4% |
| 2001 | 31.9 | +12.7% |
| 2002 | 30.99 | -2.8% |
| 2003 | 32.18 | +3.8% |
| 2004 | 31.91 | -0.8% |
| 2005 | 33.53 | +5.1% |
| 2006 | 39.27 | +17.1% |
| 2007 | 35.95 | -8.4% |
| 2008 | 34.88 | -3.0% |
| 2009 | 33.27 | -4.6% |
| 2010 | 31.1 | -6.5% |
| 2011 | 39.36 | +26.6% |
| 2012 | 38.01 | -3.4% |
| 2013 | 36.45 | -4.1% |
| 2014 | 31.61 | -13.3% |
| 2015 | 22.95 | -27.4% |
| 2016 | 19.69 | -14.2% |
| 2017 | 21.77 | +10.6% |
| 2018 | 37.86 | +73.9% |
| 2019 | 21.02 | -44.5% |
| 2020 | 11.16 | -46.9% |
| 2021 | 13.13 | +17.7% |
| 2022 | 15.14 | +15.3% |
| 2023 | 13.12 | -13.3% |
| 2024 | 17.58 | +34.0% |
| 2025 | 18.57 | +5.6% |
| 2026 | 17.46 | -6.0% |
| 2027 | 17.26 | -1.1% |
| 2028 | 17.1 | -0.9% |
| 2029 | 16.94 | -0.9% |
| 2030 | 16.74 | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.21 | 26.1 | 42.22 | 9 |
| 2000s | 33.22 | 28.29 | 39.27 | 10 |
| 2010s | 29.98 | 19.69 | 39.36 | 10 |
| 2020s | 15.75 | 11.16 | 18.57 | 10 |
| 2030s | 16.74 | 16.74 | 16.74 | 1 |
Countries ranked near Venezuela, Bolivarian Republic of
- 175 Madagascar 17.18 compare
- 176 Indonesia 16.99 compare
- 177 Costa Rica 16.81 compare
- 179 Cameroon 16.48 compare
- 180 Congo, Democratic Republic of the 16.48 compare
- 181 Angola 16.23 compare
More public sector data for Venezuela, Bolivarian Republic of
- Arms imports 98.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 3.46 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -23.39 % change on previous year (2016)
- Arms imports (SIPRI trend indicator values), gaps filled 98.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -100 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 111.11 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Venezuela, Bolivarian Republic of?
- Expenditure, general government, percent of gdp in Venezuela, Bolivarian Republic of was 16.74 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 42.22 in 1994.
- What is the lowest expenditure, general government, percent of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 11.16 in 2020.
- How does Venezuela, Bolivarian Republic of rank for expenditure, general government, percent of gdp?
- Venezuela, Bolivarian Republic of ranks 178th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October