Venezuela, RB's gross national expenditure (% of GDP) was 95.21% in 2025, the latest year in the World Bank's World Development Indicators. That is up 16.34 percentage points from 78.87% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 95.21% | 2025 |
| Five years earlier | 100.08% | 2020 |
| Ten years earlier | 78.87% | 2015 |
| Highest | 131.25% | 1978 |
| Lowest | 0% | 1991 |
| Average since 2016 | 86.21% | 2016–2025 |
| First recorded | 100.75% | 1960 |
What the numbers say
In 2025, Venezuela, RB's gross national expenditure (% of GDP) rose 2.44 percentage points on 2024 (from 92.77% to 95.21%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.09 percentage points and a typical year strayed about 18.9 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 92.08 percentage points in 2012 and the biggest yearly fall was 78.13 percentage points in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 2.83 percentage points a year. A straight line explains 44% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Venezuela, RB had the 103rd highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Venezuela, RB in the 2025 ranking
- Hungary — 100th of 130: 95.52%
- Congo, Rep. — 101st of 130: 95.52%
- Cambodia — 102nd of 130: 95.43%
- Burkina Faso — 104th of 130: 95.02%
- Côte d'Ivoire — 105th of 130: 94.99%
- Korea, Rep. — 106th of 130: 94.8%
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
All 66 values
| Year | Gross national expenditure (% of GDP) |
|---|---|
| 2025 | 95.21 |
| 2024 | 92.77 |
| 2023 | 91.96 |
| 2022 | 95.2 |
| 2021 | 98.53 |
| 2020 | 100.08 |
| 2019 | 63.74 |
| 2018 | 69.52 |
| 2017 | 76.09 |
| 2016 | 79.05 |
| 2015 |
Gross national expenditure (% of GDP) in nearby economies
More economic policy & debt data for Venezuela, RB
- Final consumption expenditure (current US$) — US$88.98 billion (2025)
- Final consumption expenditure (current LCU) — 14.72 trillion (2025)
- Final consumption expenditure (% of GDP) — 89.28% (2025)
- Gross national expenditure (current US$) — US$94.88 billion (2025)
- Gross national expenditure (current LCU) — 15.7 trillion (2025)
- Exports of goods and services (current US$) — US$14.85 billion (2025)
- Exports of goods and services (current LCU) — 2.46 trillion (2025)
- Exports of goods and services (% of GDP) — 14.9% (2025)
- Gross fixed capital formation (current US$) — US$4.56 billion (2025)
Reading data like this
Questions people ask
- What is Venezuela, RB's gross national expenditure (% of GDP)?
- 95.21% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is down 5.54 percentage points from 100.75% in 1960. The highest value was 131.25% in 1978 and the lowest 0% in 1991.
- How does Venezuela, RB rank?
- 103rd highest of 130 economies with data for 2025.
- Is the latest change in gross national expenditure (% of GDP) unusual for Venezuela, RB?
- In 2025, Venezuela, RB's gross national expenditure (% of GDP) rose 2.44 percentage points on 2024 (from 92.77% to 95.21%). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.09 percentage points and a typical year strayed about 18.9 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.DAB.TOTL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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