Revenue, General government, Percent of GDP in Venezuela
Venezuela: Revenue, General government, Percent of GDP was 11.24 in 2030. ▼ Falling
Latest (2030)
11.24
Change on year
down 1.7%
World rank
189th
of 195 countries
All-time high
37.66
in 2006
All-time low
4.53
in 2020
Years of data
40
1991–2030
Revenue, General government, Percent of GDP in Venezuela, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for revenue, general government, percent of gdp in Venezuela is 11.24, measured in 2030.
The figure is down 1.7% on the previous year and up 148.1% over ten years.
Over the whole period, revenue, general government, percent of gdp in Venezuela peaked at 37.66 in 2006 and was at its lowest, 4.53, in 2020.
That places Venezuela 189th 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.
Revenue, General government, Percent of GDP in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 31.62 | — |
| 1992 | 24.28 | -23.2% |
| 1993 | 24.75 | +1.9% |
| 1994 | 31.03 | +25.4% |
| 1995 | 27.01 | -13.0% |
| 1996 | 35.67 | +32.1% |
| 1997 | 33.57 | -5.9% |
| 1998 | 24.3 | -27.6% |
| 1999 | 26.85 | +10.5% |
| 2000 | 32.74 | +22.0% |
| 2001 | 27.31 | -16.6% |
| 2002 | 29.51 | +8.1% |
| 2003 | 32.35 | +9.6% |
| 2004 | 34.38 | +6.3% |
| 2005 | 37.62 | +9.4% |
| 2006 | 37.66 | +0.1% |
| 2007 | 33.13 | -12.0% |
| 2008 | 31.42 | -5.2% |
| 2009 | 24.58 | -21.8% |
| 2010 | 26.36 | +7.2% |
| 2011 | 31.12 | +18.0% |
| 2012 | 28.15 | -9.5% |
| 2013 | 26.1 | -7.3% |
| 2014 | 21.8 | -16.5% |
| 2015 | 14.88 | -31.7% |
| 2016 | 11.22 | -24.6% |
| 2017 | 8.49 | -24.3% |
| 2018 | 6.88 | -18.9% |
| 2019 | 10.09 | +46.5% |
| 2020 | 4.53 | -55.1% |
| 2021 | 7.28 | +60.8% |
| 2022 | 9.85 | +35.2% |
| 2023 | 11.87 | +20.5% |
| 2024 | 13.98 | +17.8% |
| 2025 | 13.05 | -6.7% |
| 2026 | 11.96 | -8.3% |
| 2027 | 11.76 | -1.7% |
| 2028 | 11.6 | -1.4% |
| 2029 | 11.44 | -1.4% |
| 2030 | 11.24 | -1.7% |
Venezuela compared with similar countries
- Venezuela's 11.24 is below the median for lower middle income countries, which is 20.42, 55% of the median. (46 countries reporting)
- Venezuela's 11.24 is below the median for Latin America & Caribbean, which is 24.48, 46% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.78 | 24.28 | 35.67 | 9 |
| 2000s | 32.07 | 24.58 | 37.66 | 10 |
| 2010s | 18.51 | 6.88 | 31.12 | 10 |
| 2020s | 10.73 | 4.53 | 13.98 | 10 |
| 2030s | 11.24 | 11.24 | 11.24 | 1 |
Countries ranked near Venezuela
More public sector data for Venezuela
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is revenue, general government, percent of gdp in Venezuela?
- Revenue, general government, percent of gdp in Venezuela was 11.24 in 2030, according to International Monetary Fund.
- What is the highest revenue, general government, percent of gdp recorded in Venezuela?
- The highest recorded value was 37.66 in 2006.
- What is the lowest revenue, general government, percent of gdp recorded in Venezuela?
- The lowest recorded value was 4.53 in 2020.
- How does Venezuela rank for revenue, general government, percent of gdp?
- Venezuela ranks 189th out of 195 countries with data for 2030.
- Is revenue, general government, percent of gdp rising or falling in Venezuela?
- Over the last ten years it is up 148.1%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Revenue, 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