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.

Government Debt to GDP in Venezuela is expected to be 40.00 percent by the end of this quarter, 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 2020, according to our econometric models.

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Venezuela Government Debt to GDP
Venezuela Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.00 31.40 72.30 20.30 percent [+]
Government Budget -20.00 -15.00 3.79 -20.00 percent of GDP [+]
Government Spending 1286.00 2703.00 3645.00 1069.00 VEF Million [+]
Military Expenditure 465.00 389.00 1852.00 200.00 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. This page provides - Venezuela Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2019.

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




Country Last Previous
Japan 238.20 Dec/18 238
Italy 134.80 Dec/18 134
Singapore 112.20 Dec/18 111
United States 106.10 Dec/18 105
France 98.40 Dec/18 98.4
Spain 97.60 Dec/18 98.6
Canada 89.70 Dec/18 90.1
Euro Area 87.90 Dec/18 89.8
Argentina 86.20 Dec/18 56.6
United Kingdom 80.80 Dec/19 82.6
Brazil 77.22 Dec/18 74.07
India 68.30 Dec/18 68.9
Germany 61.90 Dec/18 65.3
South Africa 55.80 Dec/18 53.1
Netherlands 52.40 Dec/18 56.9
China 50.50 Dec/18 46.8
Mexico 46.00 Dec/18 46
Australia 40.70 Dec/18 40.7
South Korea 36.60 Dec/18 36.3
Turkey 30.40 Dec/18 28.3
Indonesia 29.80 Dec/18 28.7
Switzerland 27.70 Dec/18 29.3
Saudi Arabia 19.10 Dec/18 17.2
Russia 13.50 Dec/17 12.9


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