Venezuela - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Venezuela was $433,607,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $433,607,000,000 in 2014 and $5,835,750,000 in 1964.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $5,926,121,000
1961 $5,957,667,000
1962 $6,524,667,000
1963 $7,071,182,000
1964 $5,835,750,000
1965 $6,300,733,000
1966 $6,666,289,000
1967 $6,967,355,000
1968 $7,504,955,000
1969 $7,827,511,000
1970 $8,107,067,000
1971 $9,105,068,000
1972 $10,182,730,000
1973 $11,814,790,000
1974 $15,032,930,000
1975 $18,881,160,000
1976 $22,841,930,000
1977 $26,937,740,000
1978 $31,213,560,000
1979 $36,457,090,000
1980 $44,671,180,000
1981 $53,245,350,000
1982 $57,363,650,000
1983 $62,427,140,000
1984 $41,422,300,000
1985 $43,335,400,000
1986 $46,809,580,000
1987 $34,800,930,000
1988 $46,027,380,000
1989 $31,279,780,000
1990 $33,161,390,000
1991 $39,430,500,000
1992 $46,078,820,000
1993 $47,354,860,000
1994 $43,686,970,000
1995 $57,374,630,000
1996 $46,595,760,000
1997 $55,845,070,000
1998 $64,934,670,000
1999 $68,319,320,000
2000 $75,202,460,000
2001 $84,982,970,000
2002 $61,820,390,000
2003 $56,571,690,000
2004 $68,790,300,000
2005 $84,113,500,000
2006 $107,713,000,000
2007 $146,507,000,000
2008 $200,187,000,000
2009 $252,554,000,000
2010 $263,849,000,000
2011 $211,029,000,000
2012 $272,485,000,000
2013 $287,451,000,000
2014 $433,607,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Venezuela was 2,724,870,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 2,724,870,000,000 in 2014 and a minimum value of 19,556,200 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 19,556,200
1961 19,660,300
1962 21,531,400
1963 23,334,900
1964 25,677,300
1965 28,353,300
1966 29,998,300
1967 31,353,100
1968 33,772,300
1969 35,223,800
1970 36,481,800
1971 40,062,300
1972 44,804,000
1973 50,803,600
1974 64,641,600
1975 81,189,000
1976 98,220,300
1977 115,832,300
1978 134,218,300
1979 156,765,500
1980 192,086,100
1981 228,955,000
1982 246,663,700
1983 268,436,700
1984 289,956,100
1985 325,015,500
1986 379,157,600
1987 504,613,500
1988 667,397,000
1989 1,085,408,000
1990 1,555,269,000
1991 2,239,652,000
1992 3,151,791,000
1993 4,299,821,000
1994 6,487,514,000
1995 10,143,830,000
1996 19,444,410,000
1997 27,285,900,000
1998 35,558,230,000
1999 41,381,010,000
2000 51,137,670,000
2001 61,502,180,000
2002 71,767,290,000
2003 90,808,870,000
2004 130,103,000,000
2005 175,780,000,000
2006 231,260,000,000
2007 314,550,000,000
2008 429,320,000,000
2009 541,628,000,000
2010 682,341,000,000
2011 905,168,000,000
2012 1,168,770,000,000
2013 1,740,050,000,000
2014 2,724,870,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Venezuela was -2.55 as of 2014. As the graph below shows, over the past 52 years this indicator reached a maximum value of 27.95 in 1975 and a minimum value of -13.41 in 1974.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 2.18
1963 5.27
1964 8.51
1965 7.52
1966 4.51
1967 3.38
1968 6.83
1969 5.40
1970 6.20
1971 3.83
1972 5.94
1973 6.75
1974 -13.41
1975 27.95
1976 15.58
1977 11.02
1978 6.41
1979 1.25
1980 8.35
1981 4.77
1982 2.64
1983 -2.25
1984 -1.50
1985 -0.01
1986 3.31
1987 3.90
1988 5.90
1989 -5.40
1990 3.20
1991 9.12
1992 6.88
1993 -0.73
1994 -4.67
1995 1.18
1996 -4.88
1997 10.78
1998 0.82
1999 -2.86
2000 4.59
2001 6.17
2002 -6.22
2003 -2.28
2004 15.18
2005 14.63
2006 14.26
2007 16.27
2008 6.02
2009 -2.07
2010 -1.07
2011 4.41
2012 6.86
2013 4.44
2014 -2.55

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Venezuela was 55,629,230,000 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 57,082,430,000 in 2013 and a minimum value of 6,387,367,000 in 1961.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1961 6,387,367,000
1962 6,526,435,000
1963 6,870,364,000
1964 7,455,044,000
1965 8,015,425,000
1966 8,376,551,000
1967 8,659,919,000
1968 9,251,702,000
1969 9,750,871,000
1970 10,355,400,000
1971 10,752,140,000
1972 11,390,810,000
1973 12,159,560,000
1974 10,528,770,000
1975 13,471,250,000
1976 15,570,040,000
1977 17,285,320,000
1978 18,393,980,000
1979 18,624,080,000
1980 20,178,990,000
1981 21,141,220,000
1982 21,699,040,000
1983 21,210,950,000
1984 20,892,850,000
1985 20,891,740,000
1986 21,582,730,000
1987 22,424,900,000
1988 23,748,030,000
1989 22,465,820,000
1990 23,185,760,000
1991 25,300,020,000
1992 27,041,380,000
1993 26,843,700,000
1994 25,591,130,000
1995 25,893,880,000
1996 24,630,570,000
1997 27,285,900,000
1998 27,509,340,000
1999 26,721,570,000
2000 27,947,950,000
2001 29,672,020,000
2002 27,825,010,000
2003 27,189,980,000
2004 31,318,690,000
2005 35,901,730,000
2006 41,020,200,000
2007 47,693,000,000
2008 50,563,900,000
2009 49,516,380,000
2010 48,984,580,000
2011 51,145,480,000
2012 54,656,590,000
2013 57,082,430,000
2014 55,629,230,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Venezuela was 89.89 as of 2014. Its highest value over the past 54 years was 92.41 in 1983, while its lowest value was 57.60 in 1974.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 76.18
1961 72.75
1962 72.93
1963 72.50
1964 72.05
1965 74.76
1966 75.91
1967 75.32
1968 74.79
1969 76.11
1970 70.12
1971 70.11
1972 72.85
1973 69.35
1974 57.60
1975 68.75
1976 72.70
1977 74.39
1978 79.39
1979 75.46
1980 75.56
1981 80.28
1982 84.69
1983 92.41
1984 69.03
1985 69.93
1986 77.51
1987 72.46
1988 76.42
1989 71.86
1990 68.24
1991 73.73
1992 76.29
1993 78.84
1994 74.78
1995 74.12
1996 66.05
1997 65.05
1998 71.10
1999 69.73
2000 64.20
2001 69.15
2002 66.55
2003 67.65
2004 61.17
2005 57.81
2006 58.71
2007 63.60
2008 63.36
2009 76.58
2010 67.10
2011 66.68
2012 71.46
2013 77.48
2014 89.89

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts