Venezuela - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Venezuela was 3,476,930,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 3,476,930,000,000 in 2014 and a minimum value of 25,863,100 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1960 25,863,100
1961 26,091,800
1962 28,630,500
1963 30,525,900
1964 36,016,400
1965 38,959,200
1966 40,768,700
1967 42,539,600
1968 48,432,800
1969 50,948,700
1970 55,496,900
1971 60,770,800
1972 68,028,500
1973 76,737,600
1974 97,252,700
1975 125,315,600
1976 154,443,000
1977 194,118,300
1978 221,890,800
1979 236,212,700
1980 268,146,400
1981 308,111,900
1982 337,819,900
1983 309,660,200
1984 361,103,400
1985 408,219,300
1986 478,265,300
1987 670,204,300
1988 903,650,300
1989 1,271,036,000
1990 1,780,681,000
1991 2,788,663,000
1992 4,100,165,000
1993 5,289,438,000
1994 7,675,919,000
1995 12,542,740,000
1996 24,160,280,000
1997 38,892,630,000
1998 50,892,410,000
1999 57,117,290,000
2000 70,390,770,000
2001 85,983,720,000
2002 94,585,070,000
2003 111,235,000,000
2004 176,465,000,000
2005 245,733,000,000
2006 337,313,000,000
2007 464,609,000,000
2008 611,092,000,000
2009 724,080,000,000
2010 905,757,000,000
2011 1,218,370,000,000
2012 1,603,750,000,000
2013 2,352,470,000,000
2014 3,476,930,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts