Venezuela - Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Venezuela was 55,629,230,000 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 57,082,430,000 in 2013 and a minimum value of 6,387,367,000 in 1961.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1961 6,387,367,000
1962 6,526,435,000
1963 6,870,364,000
1964 7,455,044,000
1965 8,015,425,000
1966 8,376,551,000
1967 8,659,919,000
1968 9,251,702,000
1969 9,750,871,000
1970 10,355,400,000
1971 10,752,140,000
1972 11,390,810,000
1973 12,159,560,000
1974 10,528,770,000
1975 13,471,250,000
1976 15,570,040,000
1977 17,285,320,000
1978 18,393,980,000
1979 18,624,080,000
1980 20,178,990,000
1981 21,141,220,000
1982 21,699,040,000
1983 21,210,950,000
1984 20,892,850,000
1985 20,891,740,000
1986 21,582,730,000
1987 22,424,900,000
1988 23,748,030,000
1989 22,465,820,000
1990 23,185,760,000
1991 25,300,020,000
1992 27,041,380,000
1993 26,843,700,000
1994 25,591,130,000
1995 25,893,880,000
1996 24,630,570,000
1997 27,285,900,000
1998 27,509,340,000
1999 26,721,570,000
2000 27,947,950,000
2001 29,672,020,000
2002 27,825,010,000
2003 27,189,980,000
2004 31,318,690,000
2005 35,901,730,000
2006 41,020,200,000
2007 47,693,000,000
2008 50,563,900,000
2009 49,516,380,000
2010 48,984,580,000
2011 51,145,480,000
2012 54,656,590,000
2013 57,082,430,000
2014 55,629,230,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts