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.