Venezuela - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts