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 49.80 45.90 71.90 26.30 percent [+]
Government Budget -11.50 -8.50 3.79 -11.50 percent of GDP [+]
Government Spending 2747.00 2650.00 3645.00 1069.00 VEF Million [+]
Credit Rating 5.08 [+]
Military Expenditure 2032.40 5576.50 8989.40 2032.40 USD Million [+]


Venezuela Government Spending Notes

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 May 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

Last
Australia 77999.00 Dec/16
Brazil 98547.60 Mar/17
Canada 351614.00 Dec/16
China 187841.00 Dec/16
Euro Area 531.23 Dec/16
France 130096.00 Mar/17
Germany 139.03 Dec/16
India 3165.95 Dec/16
Indonesia 142202.92 Mar/17
Italy 78635.41 Dec/16
Japan 106255.10 Mar/17
Mexico 1623290.00 Dec/16
Netherlands 42042.00 Mar/17
Russia 2686.80 Dec/16
South Korea 56152.00 Mar/17
Spain 52318.00 Dec/16
Switzerland 18297.50 Dec/16
Turkey 62216677.90 Dec/16
United Kingdom 91294.00 Dec/16
United States 2895.20 Mar/17