Venezuela Government Spending  1998-2017 | Data | Chart | Calendar

Government Spending in Venezuela increased to 2747 VEF Million in the third quarter of 2015 from 2650 VEF Million in the second quarter of 2015. Government Spending in Venezuela averaged 2068.68 VEF Million from 1998 until 2015, reaching an all time high of 3645.00 VEF Million in the fourth quarter of 2014 and a record low of 1069.00 VEF Million in the second quarter of 1999.

Venezuela Government Spending
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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 -20.00 -15.00 3.79 -20.00 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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Venezuela Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2747.00 2650.00 3645.00 1069.00 1998 - 2015 VEF Million Quarterly
Constant Prices, NSA




government spending by Country
Country Last
Australia 80079.00 Jun/17
Brazil 112563.93 Sep/17
Canada 353717.00 Jun/17
China 187841.00 Dec/16
Euro Area 534.68 Jun/17
France 130823.00 Sep/17
Germany 140.11 Jun/17
India 3910.80 Jun/17
Indonesia 193654.89 Sep/17
Italy 78936.60 Jun/17
Japan 106331.80 Sep/17
Mexico 1555633.00 Jun/17
Netherlands 42047.00 Sep/17
Russia 3892.60 Jun/17
South Korea 58078.80 Sep/17
Spain 53081.00 Jun/17
Switzerland 19847.24 Jun/17
Turkey 53457433.60 Jun/17
United Kingdom 91890.00 Jun/17
United States 2894.40 Sep/17