The ratio of government expenditure to GDP in Venezuela saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 14.38 percent. However, 2023 marked the third consecutive increase of the ratio. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (April 22, 2024). Venezuela: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/371925/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-venezuela/
IMF. "Venezuela: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023." Chart. April 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/371925/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-venezuela/
IMF. (2024). Venezuela: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/371925/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-venezuela/
IMF. "Venezuela: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2013 to 2023." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/371925/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-venezuela/
IMF, Venezuela: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023 Statista, https://www.statista.com/statistics/371925/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-venezuela/ (last visited July 22, 2024)
Venezuela: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/371925/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-venezuela/