Venezuela - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts