Venezuela Government Revenue and Spending Over Time (1988–2025)

Global Statistics and Country Indicators

Government Revenue (% of GDP)

Global rank: 162 / 195

Data table

1988	24%	1998	24.3%	2008	31.8%	2017	16.4%
1989	31.6%	1999	26.8%	2009	25.2%	2018	13.8%
1990	35.8%	2000	32.7%	2010	27.6%	2019	25.2%
1991	31.6%	2001	27.3%	2011	32.3%	2020	10.4%
1992	24.3%	2002	29.5%	2012	31%	2021	11.6%
1993	24.7%	2003	32.3%	2013	30%	2022	13%
1994	31%	2004	34.4%	2014	36.3%	2023	13.8%
1995	27%	2005	37.6%	2015	22.2%	2024	15.2%
1996	35.7%	2006	37.7%	2016	16.1%	2025	16.5%
1997	33.6%	2007	32.8%

Government Revenue (Local currency - VES)

Data table

2018	0M	2021	14.87B	2024	645.8B
2019	78M	2022	72.26B	2025	2.75T
2020	684M	2023	313.2B

Government Spending (% of GDP)

Global rank: 147 / 195

Data table

1988	33.2%	1998	28.8%	2008	35.3%	2017	42.1%
1989	32.5%	1999	26.1%	2009	34.1%	2018	45.7%
1990	31.9%	2000	28.3%	2010	32.6%	2019	36%
1991	33.9%	2001	31.9%	2011	40.9%	2020	19.3%
1992	30.6%	2002	31%	2012	41.8%	2021	16.5%
1993	27.7%	2003	32.2%	2013	41.9%	2022	19.4%
1994	42.2%	2004	31.9%	2014	52.7%	2023	22.6%
1995	32.9%	2005	33.5%	2015	34.2%	2024	20.1%
1996	27.7%	2006	39.3%	2016	28.3%	2025	21.1%
1997	31%	2007	35.6%

Government Spending (Local currency - VES)

Data table

2017	0M	2020	1.26B	2023	512.4B
2018	1M	2021	21.06B	2024	856.9B
2019	111M	2022	108B	2025	3.5T