This statistic provides a forecast of the advertising spending in Venezuela in 2019, by medium. It was projected that the internet ad spend in Venezuela would amount to 991.16 trillion Venezuelan bolivars, which, according to the exchange rate used by the source (1 U.S. dollar = 32238203 Venezuelan bolivars) would amount to 31 million U.S. dollars.
Advertising spending in Venezuela in 2019, by medium
(in million U.S. dollars and million Venezuelan bolivars)
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Advertising spending in Venezuela in 2019, by medium
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The source provides the following information: "[The source] converts VEB to USD at reported unofficial market rates and projects by indexing to IMF forecast rates of RPI."
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GroupM. (December 3, 2018). Advertising spending in Venezuela in 2019, by medium (in million U.S. dollars and million Venezuelan bolivars) [Graph]. In Statista. Retrieved March 17, 2025, from https://www.statista.com/statistics/429137/magazine-advertising-expenditure-in-venezuela/
GroupM. "Advertising spending in Venezuela in 2019, by medium (in million U.S. dollars and million Venezuelan bolivars)." Chart. December 3, 2018. Statista. Accessed March 17, 2025. https://www.statista.com/statistics/429137/magazine-advertising-expenditure-in-venezuela/
GroupM. (2018). Advertising spending in Venezuela in 2019, by medium (in million U.S. dollars and million Venezuelan bolivars). Statista. Statista Inc.. Accessed: March 17, 2025. https://www.statista.com/statistics/429137/magazine-advertising-expenditure-in-venezuela/
GroupM. "Advertising Spending in Venezuela in 2019, by Medium (in Million U.S. Dollars and Million Venezuelan Bolivars)." Statista, Statista Inc., 3 Dec 2018, https://www.statista.com/statistics/429137/magazine-advertising-expenditure-in-venezuela/
GroupM, Advertising spending in Venezuela in 2019, by medium (in million U.S. dollars and million Venezuelan bolivars) Statista, https://www.statista.com/statistics/429137/magazine-advertising-expenditure-in-venezuela/ (last visited March 17, 2025)
Advertising spending in Venezuela in 2019, by medium (in million U.S. dollars and million Venezuelan bolivars) [Graph], GroupM, December 3, 2018. [Online]. Available: https://www.statista.com/statistics/429137/magazine-advertising-expenditure-in-venezuela/
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