Venezuela recorded a government debt equivalent to 23 percent of the country's Gross Domestic Product in 2017.

Government Debt to GDP in Venezuela averaged 42.39 percent from 1994 until 2017, reaching an all time high of 72.30 percent in 2013 and a record low of 20.30 percent in 2008. This page provides - Venezuela Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Government Debt to GDP - values, historical data and charts - was last updated on August of 2020.

Government Debt to GDP in Venezuela is expected to reach 50.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Government Debt to GDP is projected to trend around 60.00 percent in 2021 and 65.00 percent in 2022, according to our econometric models.

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Venezuela Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
23.00 31.40 72.30 20.30 1994 - 2017 percent Yearly

Venezuela Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.00 31.40 72.30 20.30 percent [+]
Government Budget -29.90 -29.90 3.79 -29.90 percent of GDP [+]
Government Spending 1286.00 2703.00 3645.00 1069.00 VEF Million [+]
Credit Rating 11.00 [+]
Military Expenditure 465.00 389.00 1852.00 200.00 USD Million [+]


Venezuela Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.