Venezuela - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts