Venezuela (Venezuela (Bolivarian Republic of)) General government total expenditure (% of GDP) Statistics

23, May 2019, EDT.

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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Venezuela indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Bolivar Fuerte
Currency Symbol: VEF

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) Statistics for Venezuela (Venezuela (Bolivarian Republic of)), Year 2015 - In Detail

General government total expenditure (% of GDP) for Venezuela in year 2015 is 41.032 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Venezuela No. 49 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Venezuela is 7.15 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Venezuela was 41.58 % General government total expenditure (% of GDP) for Venezuela in 2015 was or will be 1.32% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Venezuela was or will be 38.46 %, which is 6.28% less than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for Venezuela, in other Years
Year %
  2021 35.94
  2020 36.126
  2019 36.337
  2018 36.591
  2017 36.97
  2016 38.456
2015 41.032
  2014 41.581
  2013 37.964
  2012 40.013
  2011 39.472
  2010 31.579
  2009 33.269
  2008 34.879
  2007 35.949
  2006 39.267
  2005 33.53
  2004 31.915
  2003 32.175
  2002 30.99
  2001 31.899
  2000 28.293
  1999 26.104
  1998 28.791
  1997 30.988
  1996 27.729
  1995 32.869
  1994 42.216
  1993 27.666
  1992 30.646
  1991 33.891
  1990 31.932
  1989 32.525
  1988 33.209
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a