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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all Venezuela indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Bolivar Fuerte
Currency Symbol: VEF

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívares Data last updated: 03/2011

Total Government Gross Debt (National Currency) for Venezuela is VEF 388.099 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for Venezuela was VEF 228.97 Billion Total Government Gross Debt (National Currency) for Venezuela in 2010 was or will be 69.50% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for Venezuela was or will be VEF 507.18 Billion, which is 30.68% more than the 2010 figure.