Venezuela Private Consumption: % of GDP
Venezuela Private Consumption accounted for 100.5 % of its Nominal GDP in Dec 2017, compared with a ratio of 85.8 % in the previous year. Venezuela Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1950 to Dec 2017, with an average share of 55.3 %. The data reached an all-time high of 100.5 % in Dec 2017 and a record low of 40.0 % in Dec 1974. CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The Central Bank of Venezuela provides Private Consumption Expenditure in local currency and Nominal GDP in local currency. Private Consumption as % of Nominal GDP prior to 1997 is sourced from the International Monetary Fund.
In the latest reports, Venezuela GDP contracted 26.8 % YoY in Mar 2019. Venezuela Nominal GDP reached 20,139.5 USD bn in Dec 2017. Its GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017. Venezuela GDP Per Capita reached 684,960.4 USD in Dec 2017. Its Gross Savings Rate was measured at -17.8 % in Dec 2017. For Nominal GDP contributions, Investment accounted for -3.7 % in Dec 2017. Public Consumption accounted for 9.0 % in Dec 2017.
View Venezuela's Private Consumption: % of GDP from 1950 to 2017 in the chart:
What was Venezuela's Private Consumption: % of GDP in 2017?
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
100.5 2017 | 85.8 2016 | 40.0 1974 | 100.5 2017 | % | yearly | 1950 - 2017 |
Private Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 79.7 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
Algeria (%) | 43.5 2019 | yearly | 1950 - 2019 |
Argentina (%) | 61.8 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
Armenia (%) | 64.5 Dec 2020 | quarterly | Dec 1994 - Dec 2020 |
Australia (%) | 53.1 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
Austria (%) | 52.3 Sep 2020 | quarterly | Mar 1988 - Sep 2020 |
Azerbaijan (%) | 60.8 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
Bahrain (%) | 39.6 2018 | yearly | 1975 - 2018 |
Bangladesh (%) | 68.5 2020 | yearly | 1960 - 2020 |
Belarus (%) | 50.0 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
Belgium (%) | 52.8 Sep 2020 | quarterly | Mar 1980 - Sep 2020 |
Bolivia (%) | 65.5 Jun 2020 | quarterly | Mar 1990 - Jun 2020 |
Bosnia and Herzegovina (%) | 75.8 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
Botswana (%) | 53.8 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
Brazil (%) | 61.7 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
Brunei (%) | 25.9 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
Bulgaria (%) | 60.5 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Cambodia (%) | 70.6 2018 | yearly | 1993 - 2018 |
Canada (%) | 56.5 Sep 2020 | quarterly | Mar 1961 - Sep 2020 |
Chile (%) | 61.9 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
China (%) | 39.1 2019 | yearly | 1952 - 2019 |
Colombia (%) | 70.2 Dec 2020 | quarterly | Mar 2005 - Dec 2020 |
Croatia (%) | 51.3 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Cyprus (%) | 67.5 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Czech Republic (%) | 47.0 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Denmark (%) | 44.5 Sep 2020 | quarterly | Mar 1990 - Sep 2020 |
Ecuador (%) | 59.7 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
Egypt (%) | 91.1 Sep 2020 | quarterly | Sep 2001 - Sep 2020 |
Estonia (%) | 49.3 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
European Union (%) | 53.2 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Finland (%) | 52.3 Sep 2020 | quarterly | Mar 1975 - Sep 2020 |
France (%) | 52.0 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
Georgia (%) | 81.3 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
Germany (%) | 52.3 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
Ghana (%) | 69.0 2019 | yearly | 2006 - 2019 |
Greece (%) | 71.3 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Hong Kong SAR, China (%) | 61.7 Sep 2020 | quarterly | Mar 1973 - Sep 2020 |
Hungary (%) | 47.8 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Iceland (%) | 51.7 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
India (%) | 57.9 Sep 2020 | quarterly | Jun 1996 - Sep 2020 |
Indonesia (%) | 58.7 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
Iran (%) | 56.1 Jun 2020 | quarterly | Jun 1988 - Jun 2020 |
Ireland (%) | 26.7 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Israel (%) | 49.0 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
Italy (%) | 60.0 Sep 2020 | quarterly | Mar 1980 - Sep 2020 |
Ivory Coast (%) | 55.6 2016 | yearly | 1960 - 2016 |
Japan (%) | 52.3 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
Jordan (%) | 80.8 2019 | yearly | 1959 - 2019 |
Kazakhstan (%) | 47.6 Jun 2020 | quarterly | Mar 1994 - Jun 2020 |
Kenya (%) | 81.6 2019 | yearly | 1969 - 2019 |
South Korea (%) | 46.1 Sep 2020 | quarterly | Mar 1960 - Sep 2020 |
Kosovo (%) | 86.9 Sep 2020 | quarterly | Mar 2010 - Sep 2020 |
Kuwait (%) | 39.2 2018 | yearly | 1962 - 2018 |
Kyrgyzstan (%) | 64.8 Jun 2020 | quarterly | Mar 2000 - Jun 2020 |
Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
Latvia (%) | 57.1 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Lebanon (%) | 90.6 2018 | yearly | 1990 - 2018 |
Lithuania (%) | 59.1 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
Luxembourg (%) | 29.0 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Macau SAR, China (%) | 59.5 Sep 2020 | quarterly | Mar 1998 - Sep 2020 |
North Macedonia (%) | 66.0 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 58.6 Dec 2020 | quarterly | Mar 1991 - Dec 2020 |
Malta (%) | 48.2 Sep 2020 | quarterly | Mar 1992 - Sep 2020 |
Mauritius (%) | 79.2 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
Mexico (%) | 63.0 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
Moldova (%) | 77.5 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Mongolia (%) | 48.4 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
Montenegro (%) | 73.5 Sep 2020 | quarterly | Mar 2010 - Sep 2020 |
Morocco (%) | 58.0 Sep 2020 | quarterly | Mar 2007 - Sep 2020 |
Mozambique (%) | 66.7 2019 | yearly | 1970 - 2019 |
Nepal (%) | 70.4 2020 | yearly | 1975 - 2020 |
Netherlands (%) | 40.4 Dec 2020 | quarterly | Mar 1977 - Dec 2020 |
New Zealand (%) | 58.4 Sep 2020 | quarterly | Jun 1987 - Sep 2020 |
Nigeria (%) | 74.6 2019 | yearly | 1981 - 2019 |
Norway (%) | 43.4 Dec 2020 | quarterly | Mar 1961 - Dec 2020 |
Oman (%) | 40.6 2019 | yearly | 1980 - 2019 |
Pakistan (%) | 78.5 2020 | yearly | 1967 - 2020 |
Palestinian Territory (%) | 88.1 Sep 2020 | quarterly | Mar 2011 - Sep 2020 |
Panama (%) | 51.4 2019 | yearly | 1996 - 2019 |
Paraguay (%) | 62.6 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
Peru (%) | 59.8 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
Philippines (%) | 73.6 Dec 2020 | quarterly | Mar 1981 - Dec 2020 |
Poland (%) | 59.9 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Portugal (%) | 62.9 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Qatar (%) | 27.5 Jun 2020 | quarterly | Mar 2013 - Jun 2020 |
Romania (%) | 61.5 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
Russia (%) | 48.6 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
Saudi Arabia (%) | 44.3 Sep 2020 | quarterly | Mar 2003 - Sep 2020 |
Serbia (%) | 68.7 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
Singapore (%) | 33.0 2020 | yearly | 1960 - 2020 |
Slovakia (%) | 56.2 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
Slovenia (%) | 51.9 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
South Africa (%) | 58.9 Sep 2020 | quarterly | Mar 1960 - Sep 2020 |
Spain (%) | 54.0 Dec 2020 | quarterly | Mar 1980 - Dec 2020 |
Sri Lanka (%) | 76.1 Sep 2020 | quarterly | Mar 2010 - Sep 2020 |
Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
Sweden (%) | 46.3 Sep 2020 | quarterly | Mar 1980 - Sep 2020 |
Switzerland (%) | 52.2 Sep 2020 | quarterly | Mar 1967 - Sep 2020 |
Syria (%) | 93.9 2019 | yearly | 1963 - 2019 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.9 2012 | yearly | 1998 - 2012 |
National Government Debt (USD mn) | 105,131.7 2016 | yearly | 1996 - 2016 |
Government Debt: % of GDP (%) | 3.5 2016 | yearly | 1997 - 2016 |
Forecast: Government Expenditure (VES bn) | 29,364.241 2019 | yearly | 2004 - 2019 |
Forecast: Government Net Debt (VES bn) | 320,039.192 2019 | yearly | 2003 - 2019 |
Forecast: Government Revenue (VES bn) | 15,616.769 2019 | yearly | 2004 - 2019 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | -4.289 2022 | yearly | 1983 - 2022 |
Trade Balance (USD mn) | -3,437.1 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
Total Exports (USD mn) | 196.9 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
Total Exports Growth (%) | 37.5 Oct 2014 | monthly | Jan 1995 - Oct 2014 |
Aluminum: Exports (USD th) | 62,702.126 2019 | yearly | 1995 - 2019 |
Exports: Medicament (USD th) | 3,713.628 2019 | yearly | 1995 - 2019 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 7,301.376 2019 | yearly | 1995 - 2019 |
Total Imports (USD mn) | 3,634.0 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
Total Imports Growth (%) | -12.8 Oct 2014 | monthly | Jan 1995 - Oct 2014 |
Imports: Medicament (USD th) | 263,092.957 2019 | yearly | 1995 - 2019 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 103,351.637 2019 | yearly | 1995 - 2019 |
Total Exports to USA (USD mn) | 14.853 Oct 2020 | monthly | Jan 1981 - Oct 2020 |
Total Imports from USA (USD mn) | 88.507 Aug 2020 | monthly | Jan 1981 - Aug 2020 |
Total Exports to China (USD mn) | 19.753 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
Total Imports from China (USD mn) | 149.384 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Mexico (USD mn) | 31.886 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Netherlands (USD mn) | 210.219 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Chemical Product (USD mn) | 1,016.192 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Metal (USD mn) | 227.068 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Transportation (USD mn) | 143.917 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Brazil (USD mn) | 3,405.413 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: China (USD mn) | 4,614.360 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Colombia (USD mn) | 1,758.351 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Germany (USD mn) | 862.891 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Agricultural (Vegetal) (USD mn) | 4,399.031 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: United States (USD mn) | 7,699.659 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Food, Beverages and Tobacco (USD mn) | 2,281.712 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Paper (USD mn) | 610.290 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Plastic and Manufacturing Product (USD mn) | 1,562.038 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Mineral (USD mn) | 1,074.772 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 234.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
Current Account Balance (USD mn) | 2,533.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
Current Account Balance: % of GDP (%) | 0.0 2017 | yearly | 1970 - 2017 |
Foreign Direct Investment (USD mn) | 105.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
Foreign Direct Investment: % of GDP (%) | -0.0 2017 | yearly | 1970 - 2017 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Foreign Portfolio Investment: % of GDP (%) | -0.0 2017 | yearly | 1997 - 2017 |
Foreign Portfolio Investment (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
External Debt (USD mn) | 110,159.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
External Debt: % of GDP (%) | 0.6 2017 | yearly | 1997 - 2017 |
External Debt: Short Term (USD mn) | 44,489.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
External Debt: Short Term: % of GDP (%) | 0.2 2017 | yearly | 1997 - 2017 |
Forecast: Current Account Balance (USD bn) | -1.892 2022 | yearly | 1980 - 2022 |
Net International Investment Position (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Current Account: Income (USD mn) | -1,975.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Financial Account: Direct Investment (USD mn) | -129.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Capital Account (USD mn) | 0.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Current Account: Goods (USD mn) | 5,680.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Financial Account (USD mn) | -1,617.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Financial Account: Portfolio Investment (USD mn) | 585.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) | 4.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Financial Account: Other Investment (USD mn) | -2,073.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Net Errors and Omissions (USD mn) | -620.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Reserves: Assets (USD mn) | -325.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Balance of Payments: Current Account: Services (USD mn) | -1,663.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
International Investment Position (IIP) (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
IIP: Assets (USD mn) | 220,971.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
IIP: Liabilities (USD mn) | 110,250.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
External Debt: Private: Total (USD mn) | 18,645.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
External Debt: Long Term (LT) (USD mn) | 65,670.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.3 Jul 2018 | monthly | Jan 2004 - Jul 2018 |
Household Debt: % of GDP (%) | 3.4 2017 | yearly | 2004 - 2017 |
Non-Performing Loans (USD mn) | 12.813 Jul 2020 | monthly | Jan 2004 - Jul 2020 |
Money Supply M1 (USD mn) | 361.194 Jan 2021 | monthly | Jan 1996 - Jan 2021 |
Money Supply M2 (USD mn) | 361.960 Jan 2021 | monthly | Jan 1996 - Jan 2021 |
M2 Growth (%) | 1,238.8 Jan 2021 | monthly | Jan 1997 - Jan 2021 |
Reserve Requirement Ratio (%) | 85.0 Jan 2021 | monthly | Jan 2004 - Jan 2021 |
Foreign Exchange Reserves (USD mn) | 3,330.0 Aug 2019 | monthly | Jan 1962 - Aug 2019 |
Foreign Exchange Reserves: % of GDP (%) | 0.009 2017 | yearly | 1995 - 2017 |
Foreign Exchange Reserves: Months of Import (NA) | 0.5 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
Gold Reserves (USD mn) | 6,764.000 Jun 2018 | monthly | Dec 1950 - Jun 2018 |
Total Deposits Growth (%) | 1,755.2 Jul 2020 | monthly | Jan 2006 - Jul 2020 |
Total Deposits (USD mn) | 78.126 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
Domestic Credit (USD mn) | 279,943.9 Aug 2014 | monthly | Jan 1966 - Aug 2014 |
Domestic Credit Growth (%) | 70.2 Aug 2014 | monthly | Jan 1967 - Aug 2014 |
Household Debt (USD mn) | 10.0 Jul 2020 | monthly | Jan 2004 - Jul 2020 |
Total Loans (USD mn) | 170.296 Jul 2020 | monthly | Jan 2004 - Jul 2020 |
Total Loans Growth (%) | 1,242.02 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
Private Debt: % of Nominal GDP (%) | 39.51 2014 | yearly | 1960 - 2014 |
International Reserve: Total (USD mn) | 6,362.000 Jan 2021 | monthly | Jan 1996 - Jan 2021 |
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