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Venezuela · Government & public finance

Public debt, deficits, revenue, spending and taxation.

18 indicators · 8 with data

Debt

Gross debt / GDP

% of GDP

184th of 191 · 33rd in Latin America*
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Gross debt / GDPVenezuela's gross debt / gdp rose from 30.7 % in 1998 to 133.6 % in 2017.20002005201020150%50%100%133.6 %

Venezuela's gross debt / gdp rose from 30.7 % in 1998 to 133.6 % in 2017.

Balance

Fiscal balance

% of GDP

191st of 194 · 34th in Latin America*
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Fiscal balanceVenezuela's fiscal balance fell from -9.2 % in 1988 to -13.3 % in 2017.199019952000200520102015-15%-10%-5%0%5%10%-13.3 %

Venezuela's fiscal balance fell from -9.2 % in 1988 to -13.3 % in 2017.

Revenue & spending

Gov. revenue

% of GDP

190th of 194 · 34th in Latin America*
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Gov. revenueVenezuela's gov. revenue fell from 24.0 % in 1988 to 8.5 % in 2017.1990199520002005201020150%10%20%30%40%8.5 %

Venezuela's gov. revenue fell from 24.0 % in 1988 to 8.5 % in 2017.

Gov. expenditure

% of GDP

142nd of 194 · 27th in Latin America*
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Gov. expenditureVenezuela's gov. expenditure fell from 33.2 % in 1988 to 21.8 % in 2017.1990199520002005201020150%10%20%30%40%50%21.8 %

Venezuela's gov. expenditure fell from 33.2 % in 1988 to 21.8 % in 2017.

Military spending

% of GDP

142nd of 150 · 19th in Latin America
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Military spendingVenezuela's military spending fell from 1.6 % in 1994 to 0.5 % in 2023.1995200020052010201520200%0.5%1%2%2%3%0.5 %

Venezuela's military spending fell from 1.6 % in 1994 to 0.5 % in 2023.

Defence

Military expenditure (current US$)

current US$

148th of 151 · 21st in Latin America
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Military expenditure (current US$)Venezuela's military expenditure (current us$) fell from US$1.2B in 1995 to US$0 in 2024.199520002005201020152020US$0US$2BUS$4BUS$6BUS$0

Venezuela's military expenditure (current us$) fell from US$1.2B in 1995 to US$0 in 2024.

Spending

Health spending

% of GDP

158th of 192 · 31st in Latin America
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Health spendingVenezuela's health spending rose from 2.4 % in 2018 to 3.8 % in 2023.2018201920202021202220230%1%2%3%4%5%3.8 %

Venezuela's health spending rose from 2.4 % in 2018 to 3.8 % in 2023.

Education spending

% of GDP

12th of 115 · 3rd in Latin America*
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Education spendingVenezuela's education spending rose from 4.2 % in 1970 to 6.9 % in 2009.19701980199020000%2%4%6%6.9 %

Venezuela's education spending rose from 4.2 % in 1970 to 6.9 % in 2009.

›No data available (10)

These indicators exist in the registry but no source reports a value for Venezuela.

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