Venezuela - Gross national expenditure
Gross national expenditure (current US$)
The latest value for Gross national expenditure (current US$) in Venezuela was $553,281,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $553,281,000,000 in 2014 and $7,837,303,000 in 1960.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $7,837,303,000 |
| 1961 | $7,906,606,000 |
| 1962 | $8,675,909,000 |
| 1963 | $9,250,272,000 |
| 1964 | $8,185,545,000 |
| 1965 | $8,657,601,000 |
| 1966 | $9,059,711,000 |
| 1967 | $9,453,244,000 |
| 1968 | $10,762,840,000 |
| 1969 | $11,321,930,000 |
| 1970 | $12,332,640,000 |
| 1971 | $13,811,550,000 |
| 1972 | $15,461,020,000 |
| 1973 | $17,845,950,000 |
| 1974 | $22,616,910,000 |
| 1975 | $29,143,160,000 |
| 1976 | $35,916,980,000 |
| 1977 | $45,143,790,000 |
| 1978 | $51,602,510,000 |
| 1979 | $54,933,180,000 |
| 1980 | $62,359,630,000 |
| 1981 | $71,653,930,000 |
| 1982 | $78,562,770,000 |
| 1983 | $72,014,000,000 |
| 1984 | $51,586,200,000 |
| 1985 | $54,429,240,000 |
| 1986 | $59,045,100,000 |
| 1987 | $46,220,980,000 |
| 1988 | $62,320,710,000 |
| 1989 | $36,629,280,000 |
| 1990 | $37,967,620,000 |
| 1991 | $49,096,180,000 |
| 1992 | $59,943,930,000 |
| 1993 | $58,253,720,000 |
| 1994 | $51,689,690,000 |
| 1995 | $70,943,110,000 |
| 1996 | $57,896,670,000 |
| 1997 | $79,600,150,000 |
| 1998 | $92,937,190,000 |
| 1999 | $94,299,630,000 |
| 2000 | $103,516,000,000 |
| 2001 | $118,811,000,000 |
| 2002 | $81,475,630,000 |
| 2003 | $69,296,600,000 |
| 2004 | $93,303,410,000 |
| 2005 | $117,587,000,000 |
| 2006 | $157,109,000,000 |
| 2007 | $216,399,000,000 |
| 2008 | $284,945,000,000 |
| 2009 | $337,630,000,000 |
| 2010 | $350,240,000,000 |
| 2011 | $284,049,000,000 |
| 2012 | $373,895,000,000 |
| 2013 | $388,620,000,000 |
| 2014 | $553,281,000,000 |
Gross national expenditure (current LCU)
The value for Gross national expenditure (current LCU) in Venezuela was 3,476,930,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 3,476,930,000,000 in 2014 and a minimum value of 25,863,100 in 1960.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 25,863,100 |
| 1961 | 26,091,800 |
| 1962 | 28,630,500 |
| 1963 | 30,525,900 |
| 1964 | 36,016,400 |
| 1965 | 38,959,200 |
| 1966 | 40,768,700 |
| 1967 | 42,539,600 |
| 1968 | 48,432,800 |
| 1969 | 50,948,700 |
| 1970 | 55,496,900 |
| 1971 | 60,770,800 |
| 1972 | 68,028,500 |
| 1973 | 76,737,600 |
| 1974 | 97,252,700 |
| 1975 | 125,315,600 |
| 1976 | 154,443,000 |
| 1977 | 194,118,300 |
| 1978 | 221,890,800 |
| 1979 | 236,212,700 |
| 1980 | 268,146,400 |
| 1981 | 308,111,900 |
| 1982 | 337,819,900 |
| 1983 | 309,660,200 |
| 1984 | 361,103,400 |
| 1985 | 408,219,300 |
| 1986 | 478,265,300 |
| 1987 | 670,204,300 |
| 1988 | 903,650,300 |
| 1989 | 1,271,036,000 |
| 1990 | 1,780,681,000 |
| 1991 | 2,788,663,000 |
| 1992 | 4,100,165,000 |
| 1993 | 5,289,438,000 |
| 1994 | 7,675,919,000 |
| 1995 | 12,542,740,000 |
| 1996 | 24,160,280,000 |
| 1997 | 38,892,630,000 |
| 1998 | 50,892,410,000 |
| 1999 | 57,117,290,000 |
| 2000 | 70,390,770,000 |
| 2001 | 85,983,720,000 |
| 2002 | 94,585,070,000 |
| 2003 | 111,235,000,000 |
| 2004 | 176,465,000,000 |
| 2005 | 245,733,000,000 |
| 2006 | 337,313,000,000 |
| 2007 | 464,609,000,000 |
| 2008 | 611,092,000,000 |
| 2009 | 724,080,000,000 |
| 2010 | 905,757,000,000 |
| 2011 | 1,218,370,000,000 |
| 2012 | 1,603,750,000,000 |
| 2013 | 2,352,470,000,000 |
| 2014 | 3,476,930,000,000 |
Gross national expenditure (constant LCU)
The value for Gross national expenditure (constant LCU) in Venezuela was 74,915,520,000 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 83,735,760,000 in 2012 and a minimum value of 10,632,930,000 in 1961.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1961 | 10,632,930,000 |
| 1962 | 11,169,870,000 |
| 1963 | 11,505,690,000 |
| 1964 | 13,736,090,000 |
| 1965 | 14,270,020,000 |
| 1966 | 13,941,720,000 |
| 1967 | 14,440,470,000 |
| 1968 | 16,835,360,000 |
| 1969 | 17,471,980,000 |
| 1970 | 20,546,310,000 |
| 1971 | 18,847,720,000 |
| 1972 | 20,179,060,000 |
| 1973 | 21,142,630,000 |
| 1974 | 19,555,130,000 |
| 1975 | 24,673,030,000 |
| 1976 | 29,044,630,000 |
| 1977 | 34,363,970,000 |
| 1978 | 35,256,160,000 |
| 1979 | 32,022,910,000 |
| 1980 | 31,424,050,000 |
| 1981 | 32,364,640,000 |
| 1982 | 33,669,240,000 |
| 1983 | 27,120,290,000 |
| 1984 | 28,850,230,000 |
| 1985 | 29,181,810,000 |
| 1986 | 30,254,960,000 |
| 1987 | 32,319,900,000 |
| 1988 | 35,151,220,000 |
| 1989 | 27,873,950,000 |
| 1990 | 28,169,300,000 |
| 1991 | 34,280,700,000 |
| 1992 | 39,451,970,000 |
| 1993 | 36,936,880,000 |
| 1994 | 32,723,900,000 |
| 1995 | 35,630,440,000 |
| 1996 | 33,291,870,000 |
| 1997 | 38,891,590,000 |
| 1998 | 39,619,740,000 |
| 1999 | 37,547,670,000 |
| 2000 | 39,500,060,000 |
| 2001 | 42,791,510,000 |
| 2002 | 36,485,830,000 |
| 2003 | 32,776,370,000 |
| 2004 | 42,007,400,000 |
| 2005 | 49,846,880,000 |
| 2006 | 60,021,860,000 |
| 2007 | 72,046,310,000 |
| 2008 | 75,450,880,000 |
| 2009 | 69,655,050,000 |
| 2010 | 69,332,710,000 |
| 2011 | 74,585,040,000 |
| 2012 | 83,735,760,000 |
| 2013 | 82,104,980,000 |
| 2014 | 74,915,520,000 |
Gross national expenditure (% of GDP)
Gross national expenditure (% of GDP) in Venezuela was 114.70 as of 2014. Its highest value over the past 54 years was 131.25 in 1978, while its lowest value was 78.13 in 1990.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 100.75 |
| 1961 | 96.55 |
| 1962 | 96.97 |
| 1963 | 94.84 |
| 1964 | 101.06 |
| 1965 | 102.73 |
| 1966 | 103.17 |
| 1967 | 102.20 |
| 1968 | 107.26 |
| 1969 | 110.08 |
| 1970 | 106.67 |
| 1971 | 106.35 |
| 1972 | 110.61 |
| 1973 | 104.76 |
| 1974 | 86.65 |
| 1975 | 106.11 |
| 1976 | 114.31 |
| 1977 | 124.67 |
| 1978 | 131.25 |
| 1979 | 113.71 |
| 1980 | 105.49 |
| 1981 | 108.03 |
| 1982 | 115.98 |
| 1983 | 106.60 |
| 1984 | 85.96 |
| 1985 | 87.84 |
| 1986 | 97.77 |
| 1987 | 96.24 |
| 1988 | 103.48 |
| 1989 | 84.15 |
| 1990 | 78.13 |
| 1991 | 91.81 |
| 1992 | 99.24 |
| 1993 | 96.98 |
| 1994 | 88.48 |
| 1995 | 91.65 |
| 1996 | 82.07 |
| 1997 | 92.73 |
| 1998 | 101.76 |
| 1999 | 96.25 |
| 2000 | 88.37 |
| 2001 | 96.67 |
| 2002 | 87.71 |
| 2003 | 82.87 |
| 2004 | 82.97 |
| 2005 | 80.81 |
| 2006 | 85.63 |
| 2007 | 93.94 |
| 2008 | 90.19 |
| 2009 | 102.38 |
| 2010 | 89.08 |
| 2011 | 89.75 |
| 2012 | 98.06 |
| 2013 | 104.75 |
| 2014 | 114.70 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
