In 2023, the ratio of national debt to gross domestic product (GDP) in Venezuela decreased by 14.4 percentage points (-8.96 percent) compared to 2022. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Colombia, Guyana, and Suriname.
Ratio of national debt to gross domestic product (GDP) of Venezuela from 2001 to 2023
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IMF. (October 22, 2024). Ratio of national debt to gross domestic product (GDP) of Venezuela from 2001 to 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1392616/ratio-of-national-debt-to-gross-domestic-product-gdp-venezuela/
IMF. "Ratio of national debt to gross domestic product (GDP) of Venezuela from 2001 to 2023." Chart. October 22, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1392616/ratio-of-national-debt-to-gross-domestic-product-gdp-venezuela/
IMF. (2024). Ratio of national debt to gross domestic product (GDP) of Venezuela from 2001 to 2023. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1392616/ratio-of-national-debt-to-gross-domestic-product-gdp-venezuela/
IMF. "Ratio of National Debt to Gross Domestic Product (Gdp) of Venezuela from 2001 to 2023." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392616/ratio-of-national-debt-to-gross-domestic-product-gdp-venezuela/
IMF, Ratio of national debt to gross domestic product (GDP) of Venezuela from 2001 to 2023 Statista, https://www.statista.com/statistics/1392616/ratio-of-national-debt-to-gross-domestic-product-gdp-venezuela/ (last visited November 05, 2024)
Ratio of national debt to gross domestic product (GDP) of Venezuela from 2001 to 2023 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392616/ratio-of-national-debt-to-gross-domestic-product-gdp-venezuela/