Consumer Spending in Venezuela decreased to 3819 VEF Million in the first quarter of 2019 from 5057 VEF Million in the fourth quarter of 2018.

Consumer Spending in Venezuela averaged 7953.87 VEF Million from 1998 until 2019, reaching an all time high of 12336 VEF Million in the fourth quarter of 2013 and a record low of 3819 VEF Million in the first quarter of 2019. This page provides - Venezuela Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Consumer Spending - values, historical data and charts - was last updated on July of 2020. source: Banco Central De Venezuela

Consumer Spending in Venezuela is expected to be 2635.00 VEF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Venezuela to stand at 2444.00 in 12 months time. In the long-term, the Venezuela Consumer Spending is projected to trend around 1612.00 VEF Million in 2021 and 1048.00 VEF Million in 2022, according to our econometric models.

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Venezuela Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
3819.00 5057.00 12336.00 3819.00 1998 - 2019 VEF Million Quarterly
Constant Prices 1997, NSA

Venezuela Consumer Last Previous Highest Lowest Unit
Consumer Confidence 74.00 75.00 89.00 57.00 points [+]
Retail Sales Mom -29.60 -8.70 84.50 -47.60 percent [+]
Retail Sales YoY -53.50 -56.20 60.30 -56.20 percent [+]
Consumer Spending 3819.00 5057.00 12336.00 3819.00 VEF Million [+]
Private Sector Credit 13141315.00 11498918.70 43691030.53 5.83 VEF Million [+]
Gasoline Prices 0.02 0.00 0.02 0.00 USD/Liter [+]