Venezuela Consumer Spending 1960-2024

Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
  • Venezuela consumer spending for 2014 was $363.17B, a 50.39% increase from 2013.
  • Venezuela consumer spending for 2013 was $241.49B, a 6.85% increase from 2012.
  • Venezuela consumer spending for 2012 was $226.00B, a 29.45% increase from 2011.
  • Venezuela consumer spending for 2011 was $174.58B, a 20.57% decline from 2010.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $3,845.38B
Brazil $1,546.31B
Russia $1,107.11B
Mexico $966.19B
Turkey $566.81B
Venezuela $363.17B
Colombia $251.51B
South Africa $242.81B
Iran $217.99B
Thailand $214.24B
Malaysia $177.21B
Peru $129.65B
Romania $121.87B
Kazakhstan $107.35B
Iraq $96.09B
Algeria $85.52B
Ecuador $60.88B
Guatemala $49.33B
Dominican Republic $48.11B
Lebanon $45.49B
Cuba $44.43B
Belarus $41.63B
Bulgaria $35.86B
Serbia $34.59B
Costa Rica $34.45B
Azerbaijan $34.19B
Jordan $30.08B
Paraguay $25.82B
Libya $24.77B
Bosnia $15.38B
Jamaica $11.85B
Albania $10.69B
Armenia $9.93B
Mauritius $9.54B
North Macedonia $7.93B
Namibia $7.78B
Botswana $6.55B
Gabon $6.28B
Equatorial Guinea $6.06B
Montenegro $3.69B
Fiji $3.17B
Belize $1.25B
Samoa $0.59B
American Samoa $0.46B
Tonga $0.43B
Dominica $0.40B
Marshall Islands $0.14B
Venezuela Consumer Spending - Historical Data
Year Spending Per Capita Growth Rate
2014 $363.17B -3.36%
2013 $241.49B 4.72%
2012 $226.00B 7.02%
2011 $174.58B 4.02%
2010 $219.77B -1.87%
2009 $207.37B -2.92%
2008 $162.72B 6.32%
2007 $117.78B 16.89%
2006 $86.23B 15.46%
2005 $68.03B 15.71%
2004 $55.34B 15.45%
2003 $45.81B -4.26%
2002 $49.74B -7.11%
2001 $67.49B 5.99%
2000 $60.62B 4.68%
1999 $56.25B -1.71%
1998 $52.64B 1.84%
1997 $44.23B 2.69%
1996 $43.17B -4.41%
1995 $52.03B 0.94%
1994 $39.60B -4.45%
1993 $42.37B 0.10%
1992 $40.72B 8.32%
1991 $34.42B 7.98%
1990 $29.21B 2.87%
1989 $27.26B -5.96%
1988 $39.89B 5.05%
1987 $30.05B 3.99%
1986 $40.36B 2.96%
1985 $37.07B 0.25%
1984 $35.35B -1.79%
1983 $53.13B -2.17%
1982 $47.78B 3.25%
1981 $43.66B 4.66%
1980 $36.77B 9.20%
1979 $30.20B 0.62%
1978 $25.79B 8.34%
1977 $21.76B 12.11%
1976 $18.39B 15.70%
1975 $15.30B 34.71%
1974 $12.15B -12.62%
1973 $9.65B 6.62%
1972 $8.31B 6.42%
1971 $7.39B 1.54%
1970 $6.69B 7.96%
1969 $6.52B 5.20%
1968 $6.28B 6.36%
1967 $5.85B 3.29%
1966 $5.61B 3.53%
1965 $5.33B 7.50%
1964 $4.99B 9.87%
1963 $5.81B 3.02%
1962 $5.43B 3.12%
1961 $4.95B 0.95%
1960 $4.81B %