Government Debt to GDP in Venezuela increased to 232.80 percent in 2019 from 180.80 percent in 2018. source: Ministry of Planning and Finance, Government of Venezuela

Government Debt to GDP in Venezuela averaged 43.43 percent from 1994 until 2019, reaching an all time high of 232.80 percent in 2019 and a record low of 5.10 percent in 2016. 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 June of 2021.

Government Debt to GDP in Venezuela is expected to reach 380.00 percent by the end of 2021, 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 365.00 percent in 2022 and 340.00 percent in 2023, according to our econometric models.

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Venezuela Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
350.00 232.80 350.00 5.10 1994 - 2020 percent of GDP Yearly

Venezuela Government Last Previous Highest Lowest Unit
Government Debt to GDP 350.00 232.80 350.00 5.10 percent of GDP [+]
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 [+]
Military Expenditure 0.41 0.53 0.53 0.00 USD Million [+]
Credit Rating 11.00 [+]


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.