{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela, Bolivarian Republic of","slug":"venezuela-rb"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","title":"Share of government consumption in GDP vs. share of population living in extreme poverty","unit":"% of GDP"},"observations":[{"date":"1950-01-01","value":19.4145},{"date":"1951-01-01","value":19.3496},{"date":"1952-01-01","value":18.1571},{"date":"1953-01-01","value":18.3171},{"date":"1954-01-01","value":17.5381},{"date":"1955-01-01","value":18.7211},{"date":"1956-01-01","value":17.5458},{"date":"1957-01-01","value":21.0566},{"date":"1958-01-01","value":28.1819},{"date":"1959-01-01","value":25.9141},{"date":"1960-01-01","value":27.5044},{"date":"1961-01-01","value":26.7691},{"date":"1962-01-01","value":25.3616},{"date":"1963-01-01","value":27.138},{"date":"1964-01-01","value":25.3091},{"date":"1965-01-01","value":27.1646},{"date":"1966-01-01","value":29.6225},{"date":"1967-01-01","value":30.472},{"date":"1968-01-01","value":30.0623},{"date":"1969-01-01","value":31.0803},{"date":"1970-01-01","value":29.507},{"date":"1971-01-01","value":34.4426},{"date":"1972-01-01","value":34.9456},{"date":"1973-01-01","value":32.8392},{"date":"1974-01-01","value":21.3243},{"date":"1975-01-01","value":22.5367},{"date":"1976-01-01","value":24.6164},{"date":"1977-01-01","value":25.8551},{"date":"1978-01-01","value":24.5831},{"date":"1979-01-01","value":23.4707},{"date":"1980-01-01","value":24.1557},{"date":"1981-01-01","value":25.813},{"date":"1982-01-01","value":27.0046},{"date":"1983-01-01","value":25.7117},{"date":"1984-01-01","value":25.2286},{"date":"1985-01-01","value":25.6187},{"date":"1986-01-01","value":29.2465},{"date":"1987-01-01","value":29.4955},{"date":"1988-01-01","value":31.4268},{"date":"1989-01-01","value":32.2967},{"date":"1990-01-01","value":30.1797},{"date":"1991-01-01","value":33.7673},{"date":"1992-01-01","value":30.2575},{"date":"1993-01-01","value":30.6282},{"date":"1994-01-01","value":30.1885},{"date":"1995-01-01","value":28.9917},{"date":"1996-01-01","value":26.3387},{"date":"1997-01-01","value":24.4149},{"date":"1998-01-01","value":22.9976},{"date":"1999-01-01","value":18.8903},{"date":"2000-01-01","value":14.9609},{"date":"2001-01-01","value":15.537},{"date":"2002-01-01","value":14.5765},{"date":"2003-01-01","value":15.2636},{"date":"2004-01-01","value":12.8952},{"date":"2005-01-01","value":11.225},{"date":"2006-01-01","value":11.3081},{"date":"2007-01-01","value":12.1435},{"date":"2008-01-01","value":11.669},{"date":"2009-01-01","value":14.6479},{"date":"2010-01-01","value":13.6922},{"date":"2011-01-01","value":14.2125},{"date":"2012-01-01","value":13.9967},{"date":"2013-01-01","value":15.7122},{"date":"2014-01-01","value":18.44}],"summary":{"latest_period":"2014-01-01","latest_value":18.44,"max":34.9456,"mean":23.4113,"min":11.225,"of":184,"rank":108,"trend":"falling"}}