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

Global Statistics and Country Indicators

Government Revenue (% of GDP)

Global rank: 176 / 193

Data table

1988	24%	1998	24.3%	2008	31.4%	2017	8.5%
1989	31.6%	1999	26.8%	2009	24.6%	2018	6.9%
1990	35.8%	2000	32.7%	2010	26.4%	2019	10.1%
1991	31.6%	2001	27.3%	2011	31.1%	2020	4.5%
1992	24.3%	2002	29.5%	2012	28.2%	2021	7.3%
1993	24.7%	2003	32.3%	2013	26.1%	2022	9.8%
1994	31%	2004	34.4%	2014	21.8%	2023	11.9%
1995	27%	2005	37.6%	2015	14.9%	2024	13.8%
1996	35.7%	2006	37.7%	2016	11.2%	2025	14.5%
1997	33.6%	2007	33.1%

Government Revenue (Local currency - VES)

Data table

2018	0M	2021	13.48B	2024	687.3B
2019	101M	2022	61.24B	2025	2.38T
2020	635M	2023	359.2B

Government Spending (% of GDP)

Global rank: 154 / 193

Data table

1988	33.2%	1998	28.8%	2008	34.9%	2017	21.8%
1989	32.5%	1999	26.1%	2009	33.3%	2018	37.9%
1990	31.9%	2000	28.3%	2010	31.1%	2019	21%
1991	33.9%	2001	31.9%	2011	39.4%	2020	11.2%
1992	30.6%	2002	31%	2012	38%	2021	13.1%
1993	27.7%	2003	32.2%	2013	36.5%	2022	15.1%
1994	42.2%	2004	31.9%	2014	31.6%	2023	13.1%
1995	32.9%	2005	33.5%	2015	22.9%	2024	17.5%
1996	27.7%	2006	39.3%	2016	19.7%	2025	20.3%
1997	31%	2007	35.9%

Government Spending (Local currency - VES)

Data table

2017	0M	2020	1.56B	2023	397B
2018	2M	2021	24.31B	2024	869.4B
2019	211M	2022	94.13B	2025	3.35T