Venezuela - General government final consumption expenditure
General government final consumption expenditure (current US$)
The latest value for General government final consumption expenditure (current US$) in Venezuela was $70,440,640,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $70,440,640,000 in 2014 and $901,590,900 in 1964.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $1,047,576,000 |
| 1961 | $929,575,700 |
| 1962 | $1,009,242,000 |
| 1963 | $1,175,667,000 |
| 1964 | $901,590,900 |
| 1965 | $967,688,900 |
| 1966 | $1,053,711,000 |
| 1967 | $1,118,222,000 |
| 1968 | $1,225,733,000 |
| 1969 | $1,311,756,000 |
| 1970 | $1,419,267,000 |
| 1971 | $1,715,455,000 |
| 1972 | $1,869,386,000 |
| 1973 | $2,160,419,000 |
| 1974 | $2,880,558,000 |
| 1975 | $3,578,186,000 |
| 1976 | $4,455,860,000 |
| 1977 | $5,176,000,000 |
| 1978 | $5,423,558,000 |
| 1979 | $6,256,209,000 |
| 1980 | $7,899,046,000 |
| 1981 | $9,586,860,000 |
| 1982 | $9,586,860,000 |
| 1983 | $9,294,302,000 |
| 1984 | $5,987,357,000 |
| 1985 | $6,263,786,000 |
| 1986 | $6,536,309,000 |
| 1987 | $4,746,076,000 |
| 1988 | $6,136,145,000 |
| 1989 | $4,026,113,000 |
| 1990 | $3,957,742,000 |
| 1991 | $4,995,417,000 |
| 1992 | $5,367,924,000 |
| 1993 | $4,966,553,000 |
| 1994 | $4,085,794,000 |
| 1995 | $5,335,551,000 |
| 1996 | $3,421,905,000 |
| 1997 | $11,616,510,000 |
| 1998 | $12,300,230,000 |
| 1999 | $12,067,790,000 |
| 2000 | $14,583,770,000 |
| 2001 | $17,498,130,000 |
| 2002 | $12,083,000,000 |
| 2003 | $10,762,630,000 |
| 2004 | $13,444,830,000 |
| 2005 | $16,087,450,000 |
| 2006 | $21,486,460,000 |
| 2007 | $28,728,860,000 |
| 2008 | $37,465,760,000 |
| 2009 | $45,181,890,000 |
| 2010 | $44,075,050,000 |
| 2011 | $36,451,770,000 |
| 2012 | $46,486,260,000 |
| 2013 | $45,963,190,000 |
| 2014 | $70,440,640,000 |
General government final consumption expenditure (current LCU)
The value for General government final consumption expenditure (current LCU) in Venezuela was 442,663,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 442,663,000,000 in 2014 and a minimum value of 3,067,600 in 1961.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 3,457,000 |
| 1961 | 3,067,600 |
| 1962 | 3,330,500 |
| 1963 | 3,879,700 |
| 1964 | 3,967,000 |
| 1965 | 4,354,600 |
| 1966 | 4,741,700 |
| 1967 | 5,032,000 |
| 1968 | 5,515,800 |
| 1969 | 5,902,900 |
| 1970 | 6,386,700 |
| 1971 | 7,548,000 |
| 1972 | 8,225,300 |
| 1973 | 9,289,800 |
| 1974 | 12,386,400 |
| 1975 | 15,386,200 |
| 1976 | 19,160,200 |
| 1977 | 22,256,800 |
| 1978 | 23,321,300 |
| 1979 | 26,901,700 |
| 1980 | 33,965,900 |
| 1981 | 41,223,500 |
| 1982 | 41,223,500 |
| 1983 | 39,965,500 |
| 1984 | 41,911,500 |
| 1985 | 46,978,400 |
| 1986 | 52,944,100 |
| 1987 | 68,818,100 |
| 1988 | 88,974,100 |
| 1989 | 139,706,100 |
| 1990 | 185,618,100 |
| 1991 | 283,739,700 |
| 1992 | 367,166,000 |
| 1993 | 450,963,000 |
| 1994 | 606,740,400 |
| 1995 | 943,325,500 |
| 1996 | 1,427,961,000 |
| 1997 | 5,675,828,000 |
| 1998 | 6,735,604,000 |
| 1999 | 7,309,458,000 |
| 2000 | 9,916,962,000 |
| 2001 | 12,663,400,000 |
| 2002 | 14,027,150,000 |
| 2003 | 17,276,160,000 |
| 2004 | 25,428,210,000 |
| 2005 | 33,619,550,000 |
| 2006 | 46,131,430,000 |
| 2007 | 61,680,850,000 |
| 2008 | 80,349,070,000 |
| 2009 | 96,897,090,000 |
| 2010 | 113,982,000,000 |
| 2011 | 156,353,000,000 |
| 2012 | 199,394,000,000 |
| 2013 | 278,234,000,000 |
| 2014 | 442,663,000,000 |
General government final consumption expenditure (annual % growth)
The value for General government final consumption expenditure (annual % growth) in Venezuela was 0.64 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 58.27 in 1997 and a minimum value of -16.96 in 1974.
Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | -1.03 |
| 1962 | -2.12 |
| 1963 | 16.11 |
| 1964 | 2.67 |
| 1965 | 7.61 |
| 1966 | 8.97 |
| 1967 | 3.79 |
| 1968 | 8.90 |
| 1969 | 6.19 |
| 1970 | -0.98 |
| 1971 | 14.02 |
| 1972 | 4.02 |
| 1973 | 7.29 |
| 1974 | -16.96 |
| 1975 | 3.10 |
| 1976 | 15.02 |
| 1977 | 5.74 |
| 1978 | -3.46 |
| 1979 | 4.86 |
| 1980 | 3.66 |
| 1981 | 5.41 |
| 1982 | -0.89 |
| 1983 | -2.70 |
| 1984 | 0.26 |
| 1985 | -1.49 |
| 1986 | 5.39 |
| 1987 | 3.38 |
| 1988 | 10.96 |
| 1989 | -2.27 |
| 1990 | 5.02 |
| 1991 | 15.15 |
| 1992 | -0.23 |
| 1993 | -5.22 |
| 1994 | -5.88 |
| 1995 | 2.57 |
| 1996 | -7.57 |
| 1997 | 58.27 |
| 1998 | -3.06 |
| 1999 | -7.50 |
| 2000 | 4.18 |
| 2001 | 6.93 |
| 2002 | -2.49 |
| 2003 | 5.70 |
| 2004 | 14.22 |
| 2005 | 10.65 |
| 2006 | 9.62 |
| 2007 | 13.75 |
| 2008 | 4.78 |
| 2009 | 1.54 |
| 2010 | 2.14 |
| 2011 | 5.92 |
| 2012 | 6.26 |
| 2013 | 3.34 |
| 2014 | 0.64 |
General government final consumption expenditure (constant LCU)
The value for General government final consumption expenditure (constant LCU) in Venezuela was 11,717,870,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 11,717,870,000 in 2014 and a minimum value of 1,282,940,000 in 1962.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 1,324,450,000 |
| 1961 | 1,310,756,000 |
| 1962 | 1,282,940,000 |
| 1963 | 1,489,631,000 |
| 1964 | 1,529,429,000 |
| 1965 | 1,645,827,000 |
| 1966 | 1,793,463,000 |
| 1967 | 1,861,504,000 |
| 1968 | 2,027,114,000 |
| 1969 | 2,152,600,000 |
| 1970 | 2,131,443,000 |
| 1971 | 2,430,202,000 |
| 1972 | 2,527,965,000 |
| 1973 | 2,712,182,000 |
| 1974 | 2,252,182,000 |
| 1975 | 2,321,908,000 |
| 1976 | 2,670,544,000 |
| 1977 | 2,823,943,000 |
| 1978 | 2,726,325,000 |
| 1979 | 2,858,806,000 |
| 1980 | 2,963,397,000 |
| 1981 | 3,123,769,000 |
| 1982 | 3,095,878,000 |
| 1983 | 3,012,206,000 |
| 1984 | 3,019,945,000 |
| 1985 | 2,974,832,000 |
| 1986 | 3,135,065,000 |
| 1987 | 3,240,910,000 |
| 1988 | 3,596,030,000 |
| 1989 | 3,514,519,000 |
| 1990 | 3,690,789,000 |
| 1991 | 4,250,069,000 |
| 1992 | 4,240,168,000 |
| 1993 | 4,018,924,000 |
| 1994 | 3,782,480,000 |
| 1995 | 3,879,679,000 |
| 1996 | 3,586,128,000 |
| 1997 | 5,675,828,000 |
| 1998 | 5,502,232,000 |
| 1999 | 5,089,752,000 |
| 2000 | 5,302,753,000 |
| 2001 | 5,670,493,000 |
| 2002 | 5,529,453,000 |
| 2003 | 5,844,832,000 |
| 2004 | 6,676,216,000 |
| 2005 | 7,387,269,000 |
| 2006 | 8,098,170,000 |
| 2007 | 9,211,725,000 |
| 2008 | 9,651,859,000 |
| 2009 | 9,800,413,000 |
| 2010 | 10,010,530,000 |
| 2011 | 10,603,180,000 |
| 2012 | 11,266,670,000 |
| 2013 | 11,643,280,000 |
| 2014 | 11,717,870,000 |
General government final consumption expenditure (% of GDP)
General government final consumption expenditure (% of GDP) in Venezuela was 14.60 as of 2014. Its highest value over the past 54 years was 14.60 in 2014, while its lowest value was 4.85 in 1996.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 13.47 |
| 1961 | 11.35 |
| 1962 | 11.28 |
| 1963 | 12.05 |
| 1964 | 11.13 |
| 1965 | 11.48 |
| 1966 | 12.00 |
| 1967 | 12.09 |
| 1968 | 12.22 |
| 1969 | 12.75 |
| 1970 | 12.28 |
| 1971 | 13.21 |
| 1972 | 13.37 |
| 1973 | 12.68 |
| 1974 | 11.04 |
| 1975 | 13.03 |
| 1976 | 14.18 |
| 1977 | 14.29 |
| 1978 | 13.79 |
| 1979 | 12.95 |
| 1980 | 13.36 |
| 1981 | 14.45 |
| 1982 | 14.15 |
| 1983 | 13.76 |
| 1984 | 9.98 |
| 1985 | 10.11 |
| 1986 | 10.82 |
| 1987 | 9.88 |
| 1988 | 10.19 |
| 1989 | 9.25 |
| 1990 | 8.14 |
| 1991 | 9.34 |
| 1992 | 8.89 |
| 1993 | 8.27 |
| 1994 | 6.99 |
| 1995 | 6.89 |
| 1996 | 4.85 |
| 1997 | 13.53 |
| 1998 | 13.47 |
| 1999 | 12.32 |
| 2000 | 12.45 |
| 2001 | 14.24 |
| 2002 | 13.01 |
| 2003 | 12.87 |
| 2004 | 11.96 |
| 2005 | 11.06 |
| 2006 | 11.71 |
| 2007 | 12.47 |
| 2008 | 11.86 |
| 2009 | 13.70 |
| 2010 | 11.21 |
| 2011 | 11.52 |
| 2012 | 12.19 |
| 2013 | 12.39 |
| 2014 | 14.60 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
