Government Spending in Venezuela decreased to 1286 VEF Million in the first quarter of 2019 from 2703 VEF Million in the fourth quarter of 2018. Government Spending in Venezuela averaged 2099.36 VEF Million from 1998 until 2019, 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. source: Banco Central De Venezuela



Related Last Previous Unit Reference
Credit Rating 11.00 Jan 2026
Government Budget -3.60 -1.20 percent of GDP Dec 2024
Government Debt to GDP 164.30 138.50 percent of GDP Dec 2024
Holidays
Military Expenditure 0.00 3.90 USD Million Dec 2024


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.
Actual Previous Highest Lowest Dates Unit Frequency
1286.00 2703.00 3645.00 1069.00 1998 - 2019 VEF Million Quarterly
Constant Prices 1997, NSA