Share of government consumption in GDP vs. share of population living in extreme poverty in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Share of government consumption in GDP vs. share of population living in extreme poverty was 18.4% in 2014. ▼ Falling
Latest (2014)
18.4%
Change on year
up 17.4%
World rank
108th
of 184 countries
All-time high
34.9%
in 1972
All-time low
11.2%
in 2005
Years of data
65
1950–2014
Share of government consumption in GDP vs. share of population living in extreme poverty in Venezuela, Bolivarian Republic of, 1950–2014
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 18.4% for share of government consumption in gdp vs. share of population living in extreme poverty in 2014.
Compared with earlier readings it is up 17.4% on the previous year and up 43.0% over ten years.
Over the whole period, share of government consumption in gdp vs. share of population living in extreme poverty in Venezuela, Bolivarian Republic of peaked at 34.9% in 1972 and was at its lowest, 11.2%, in 2005.
That places Venezuela, Bolivarian Republic of 108th out of 184 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Share of government consumption in GDP vs. share of population living in extreme poverty in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1950 | 19.4% | — |
| 1951 | 19.3% | -0.3% |
| 1952 | 18.2% | -6.2% |
| 1953 | 18.3% | +0.9% |
| 1954 | 17.5% | -4.3% |
| 1955 | 18.7% | +6.7% |
| 1956 | 17.5% | -6.3% |
| 1957 | 21.1% | +20.0% |
| 1958 | 28.2% | +33.8% |
| 1959 | 25.9% | -8.0% |
| 1960 | 27.5% | +6.1% |
| 1961 | 26.8% | -2.7% |
| 1962 | 25.4% | -5.3% |
| 1963 | 27.1% | +7.0% |
| 1964 | 25.3% | -6.7% |
| 1965 | 27.2% | +7.3% |
| 1966 | 29.6% | +9.0% |
| 1967 | 30.5% | +2.9% |
| 1968 | 30.1% | -1.3% |
| 1969 | 31.1% | +3.4% |
| 1970 | 29.5% | -5.1% |
| 1971 | 34.4% | +16.7% |
| 1972 | 34.9% | +1.5% |
| 1973 | 32.8% | -6.0% |
| 1974 | 21.3% | -35.1% |
| 1975 | 22.5% | +5.7% |
| 1976 | 24.6% | +9.2% |
| 1977 | 25.9% | +5.0% |
| 1978 | 24.6% | -4.9% |
| 1979 | 23.5% | -4.5% |
| 1980 | 24.2% | +2.9% |
| 1981 | 25.8% | +6.9% |
| 1982 | 27.0% | +4.6% |
| 1983 | 25.7% | -4.8% |
| 1984 | 25.2% | -1.9% |
| 1985 | 25.6% | +1.5% |
| 1986 | 29.2% | +14.2% |
| 1987 | 29.5% | +0.9% |
| 1988 | 31.4% | +6.5% |
| 1989 | 32.3% | +2.8% |
| 1990 | 30.2% | -6.6% |
| 1991 | 33.8% | +11.9% |
| 1992 | 30.3% | -10.4% |
| 1993 | 30.6% | +1.2% |
| 1994 | 30.2% | -1.4% |
| 1995 | 29.0% | -4.0% |
| 1996 | 26.3% | -9.2% |
| 1997 | 24.4% | -7.3% |
| 1998 | 23.0% | -5.8% |
| 1999 | 18.9% | -17.9% |
| 2000 | 15.0% | -20.8% |
| 2001 | 15.5% | +3.9% |
| 2002 | 14.6% | -6.2% |
| 2003 | 15.3% | +4.7% |
| 2004 | 12.9% | -15.5% |
| 2005 | 11.2% | -13.0% |
| 2006 | 11.3% | +0.7% |
| 2007 | 12.1% | +7.4% |
| 2008 | 11.7% | -3.9% |
| 2009 | 14.6% | +25.5% |
| 2010 | 13.7% | -6.5% |
| 2011 | 14.2% | +3.8% |
| 2012 | 14.0% | -1.5% |
| 2013 | 15.7% | +12.3% |
| 2014 | 18.4% | +17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 20.4% | 17.5% | 28.2% | 10 |
| 1960s | 28.0% | 25.3% | 31.1% | 10 |
| 1970s | 27.4% | 21.3% | 34.9% | 10 |
| 1980s | 27.6% | 24.2% | 32.3% | 10 |
| 1990s | 27.7% | 18.9% | 33.8% | 10 |
| 2000s | 13.4% | 11.2% | 15.5% | 10 |
| 2010s | 15.2% | 13.7% | 18.4% | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 105 Azerbaijan 18.5% compare
- 106 Uruguay 18.5% compare
- 107 Suriname 18.5% compare
- 109 Bermuda 18.3% compare
- 110 Macau, China 18.0% compare
- 111 Kazakhstan 17.8% compare
More poverty & inequality data for Venezuela, Bolivarian Republic of
- Number of income/consumption surveys in the past decade available via the World Bank 0 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 2.08 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,080 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 15.68 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 20.19 (2015)
- Tax revenue as share of GDP vs. income inequality 20.2% (2015)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2015)
Frequently asked questions
- What is share of government consumption in gdp vs. share of population living in extreme poverty in Venezuela, Bolivarian Republic of?
- Share of government consumption in gdp vs. share of population living in extreme poverty in Venezuela, Bolivarian Republic of was 18.4% in 2014, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 34.9% in 1972.
- What is the lowest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 11.2% in 2005.
- How does Venezuela, Bolivarian Republic of rank for share of government consumption in gdp vs. share of population living in extreme poverty?
- Venezuela, Bolivarian Republic of ranks 108th out of 184 countries with data for 2014.
- Is share of government consumption in gdp vs. share of population living in extreme poverty rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid updates them automatically from the source API.
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About this data
Government consumption divided by gross domestic product, expressed as a percentage.