Contact Contacts
Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Venezuela

Household consumption (% of GDP) in Venezuela in 2011 — 0%. Ranked 176 in the world out of 176. Since 1960, the indicator has fallen by 62.7 pp.

2011 0% +0 pp vs 2010
World rank 176of 176
Period maximum 78.6%1983
Period minimum 0%1991

Trend over time

1960–2011 · % of GDP

Household consumption (% of GDP) — Venezuela, 1960–201102040608019601966197219781984199019962002200820111960: 62.7%1961: 61.4%1962: 61.6%1963: 60.5%1964: 60.9%1965: 63.3%1966: 63.9%1967: 63.2%1968: 62.6%1969: 63.4%1970: 57.8%1971: 56.9%1972: 59.5%1973: 56.7%1974: 46.6%1975: 55.7%1976: 58.5%1977: 60.1%1978: 65.6%1979: 62.5%1980: 62.2%1981: 65.8%1982: 70.5%1983: 78.6%1984: 59%1985: 59.8%1986: 66.7%1987: 62.6%1988: 66.2%1989: 62.6%1990: 60.1%1991: 0%1992: 0%1993: 0%1994: 0%1995: 0%1996: 0%1997: 0%1998: 0%1999: 0%2000: 0%2001: 0%2002: 0%2003: 0%2004: 0%2005: 0%2006: 0%2007: 0%2008: 0%2009: 0%2010: 0%2011: 0%
Change over the period: −62.7 pp Annual average: -1.23 pp

Comparison, 2011

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 0%
World 56.5%
Latin America & Caribbean 63.2%
South America computed 56.7%
Household consumption (% of GDP) — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2011 0 +0 pp
2010 0 +0 pp
2009 0 +0 pp
2008 0 +0 pp
2007 0 +0 pp
2006 0 +0 pp
2005 0 +0 pp
2004 0 +0 pp
2003 0 +0 pp
2002 0 +0 pp
2001 0 +0 pp
2000 0 +0 pp
1999 0 +0 pp
1998 0 +0 pp
1997 0 +0 pp
1996 0 +0 pp
1995 0 +0 pp
1994 0 +0 pp
1993 0 +0 pp
1992 0 +0 pp
1991 0 −60.1 pp
1990 60.1 −2.5 pp
1989 62.6 −3.6 pp
1988 66.2 +3.7 pp
1987 62.6 −4.1 pp
1986 66.7 +6.9 pp
1985 59.8 +0.8 pp
1984 59 −19.6 pp
1983 78.6 +8.1 pp
1982 70.5 +4.7 pp
1981 65.8 +3.6 pp
1980 62.2 −0.3 pp
1979 62.5 −3.1 pp
1978 65.6 +5.5 pp
1977 60.1 +1.6 pp
1976 58.5 +2.8 pp
1975 55.7 +9.2 pp
1974 46.6 −10.1 pp
1973 56.7 −2.8 pp
1972 59.5 +2.6 pp
1971 56.9 −0.9 pp
1970 57.8 −5.5 pp
1969 63.4 +0.8 pp
1968 62.6 −0.7 pp
1967 63.2 −0.7 pp
1966 63.9 +0.6 pp
1965 63.3 +2.4 pp
1964 60.9 +0.5 pp
1963 60.5 −1.2 pp
1962 61.6 +0.2 pp
1961 61.4 −1.3 pp
1960 62.7 —

South America, 2011

The same indicator for neighboring countries — with links to their pages

UY Uruguay 66.8 CO Colombia 64.6 AR Argentina 64.2 PY Paraguay 63.3 EC Ecuador 61.2 BO Bolivia 60.7 PE Peru 60.4 BR Brazil 60.3 CL Chile 58.1 VE Venezuela 0
Full table for all countries

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Venezuela

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

Venezuela by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

Venezuela by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Venezuela by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Venezuela by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Venezuela by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Venezuela by year
All indicators for Venezuela