Venezuela - Expense

Expense (current LCU)

The value for Expense (current LCU) in Venezuela was 76,222,930,000 as of 2005. As the graph below shows, over the past 15 years this indicator reached a maximum value of 76,222,930,000 in 2005 and a minimum value of 439,258,000 in 1990.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year	Value
1990	439,258,000
1991	577,134,000
1992	772,326,000
1993	944,070,000
1994	1,539,699,000
1995	2,446,799,000
1996	4,792,622,000
1997	8,533,526,000
1998	10,497,870,000
1999	11,852,860,000
2000	17,236,410,000
2001	21,420,440,000
2002	25,149,970,000
2003	33,765,310,000
2004	52,547,720,000
2005	76,222,930,000

Expense (% of GDP)

Expense (% of GDP) in Venezuela was 25.07 as of 2005. Its highest value over the past 15 years was 25.16 in 2003, while its lowest value was 16.82 in 1996.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

• Thematic map
• Country comparison
• Country ranking

Year	Value
1990	19.92
1991	19.63
1992	19.32
1993	17.89
1994	18.34
1995	18.48
1996	16.82
1997	20.35
1998	20.99
1999	19.97
2000	21.64
2001	24.08
2002	23.32
2003	25.16
2004	24.71
2005	25.07

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance