Venezuela

Government Spending (% of GDP)

14.6
percent of GDP
Dec 60Dec 63Dec 68Dec 72Dec 76Dec 83Dec 86Dec 89Dec 94Dec 97Dec 01Dec 04Dec 07Dec 10Dec 140.0005.00010.0015.0020.00
  • Venezuela
  • Global Median
Source: IMF

Global Ranking

109
Turkey15.18
111
Zambia14.71
112
Syria14.69
113
Honduras14.62
114
Venezuela14.6
115
Senegal14.59
116
Argentina14.55
117
Iran14.46
118
Chile14.36
119
Nicaragua14.23

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Definition of Government Spending (% of GDP)

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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