Venezuela Government Budget  1990-2017 | Data | Chart | Calendar

Venezuela recorded a Government Budget deficit equal to 11.50 percent of the country's Gross Domestic Product in 2013. Government Budget in Venezuela averaged -1.94 percent of GDP from 1990 until 2013, reaching an all time high of 3.79 percent of GDP in 1991 and a record low of -11.50 percent of GDP in 2013.

Venezuela Government Budget
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Venezuela Government Last Previous Highest Lowest Unit
Government Debt to GDP 28.20 32.10 73.70 20.30 percent [+]
Government Budget -11.50 -8.50 3.79 -11.50 percent of GDP [+]
Government Spending 2747.00 2650.00 3645.00 1069.00 VEF Million [+]
Credit Rating 5.08 [+]
Military Expenditure 2336.30 5264.80 18848.00 2336.30 USD Million [+]


Venezuela Government Budget Notes

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Venezuela Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Government Budget - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-11.50 -8.50 3.79 -11.50 1990 - 2013 percent of GDP Yearly



government budget by Country

Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16