In 2023, the ratio of government expenditure to GDP in Venezuela remained nearly unchanged at around 15.04 percent. In comparison to 2022, the ratio decreased not significantly by 0.1 percentage points (-0.66 percent). Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Guyana, Suriname, and Colombia.
Ratio of government expenditure to GDP in Venezuela from 2001 to 2023
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IMF. (October 22, 2024). Ratio of government expenditure to GDP in Venezuela from 2001 to 2023 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1392600/ratio-of-government-expenditure-to-gdp-venezuela/
IMF. "Ratio of government expenditure to GDP in Venezuela from 2001 to 2023." Chart. October 22, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1392600/ratio-of-government-expenditure-to-gdp-venezuela/
IMF. (2024). Ratio of government expenditure to GDP in Venezuela from 2001 to 2023. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1392600/ratio-of-government-expenditure-to-gdp-venezuela/
IMF. "Ratio of Government Expenditure to Gdp in Venezuela from 2001 to 2023." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392600/ratio-of-government-expenditure-to-gdp-venezuela/
IMF, Ratio of government expenditure to GDP in Venezuela from 2001 to 2023 Statista, https://www.statista.com/statistics/1392600/ratio-of-government-expenditure-to-gdp-venezuela/ (last visited December 03, 2024)
Ratio of government expenditure to GDP in Venezuela from 2001 to 2023 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392600/ratio-of-government-expenditure-to-gdp-venezuela/