Household consumption — all countries

Household consumption — Venezuela

Household consumption in Venezuela in 2011 — 0 US$. Ranked 176 in the world out of 176. Since 1960, the indicator has fallen by 100%.

2011 0 US$
World rank 176of 176
Period maximum 53.13B US$1983
Period minimum 0 US$1991

Trend over time

1960–2011 · US$

Household consumption — Venezuela, 1960–2011020B40B60B19601966197219781984199019962002200820111960: 4,808,568,231 US$1961: 4,953,440,471 US$1962: 5,433,674,994 US$1963: 5,809,533,289 US$1964: 4,990,919,540 US$1965: 5,333,044,444 US$1966: 5,612,600,000 US$1967: 5,849,133,333 US$1968: 6,279,222,222 US$1969: 6,515,755,556 US$1970: 6,687,800,000 US$1971: 7,389,613,636 US$1972: 8,313,318,182 US$1973: 9,654,372,093 US$1974: 12,152,372,093 US$1975: 15,302,976,744 US$1976: 18,386,069,767 US$1977: 21,761,720,930 US$1978: 25,790,023,256 US$1979: 30,200,860,465 US$1980: 36,772,139,535 US$1981: 43,658,488,372 US$1982: 47,776,790,698 US$1983: 53,132,837,209 US$1984: 35,350,774,347 US$1985: 37,071,613,333 US$1986: 40,356,309,278 US$1987: 30,054,855,172 US$1988: 39,891,241,379 US$1989: 27,260,212,347 US$1990: 29,208,840,235 US$1991: 0 US$1992: 0 US$1993: 0 US$1994: 0 US$1995: 0 US$1996: 0 US$1997: 0 US$1998: 0 US$1999: 0 US$2000: 0 US$2001: 0 US$2002: 0 US$2003: 0 US$2004: 0 US$2005: 0 US$2006: 0 US$2007: 0 US$2008: 0 US$2009: 0 US$2010: 0 US$2011: 0 US$
Change over the period: −4.81B (−100%)

Comparison, 2011

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

Venezuela 0 US$
World 41.99T US$
South America computed 2.5T US$
Household consumption — Venezuela, by year Venezuela All countries CSV XLSX
Year US$ Change Change, %
2011 0 +0
2010 0 +0
2009 0 +0
2008 0 +0
2007 0 +0
2006 0 +0
2005 0 +0
2004 0 +0
2003 0 +0
2002 0 +0
2001 0 +0
2000 0 +0
1999 0 +0
1998 0 +0
1997 0 +0
1996 0 +0
1995 0 +0
1994 0 +0
1993 0 +0
1992 0 +0
1991 0 −29.21B −100%
1990 29.21B +1.95B +7.15%
1989 27.26B −12.63B −31.66%
1988 39.89B +9.84B +32.73%
1987 30.05B −10.3B −25.53%
1986 40.36B +3.28B +8.86%
1985 37.07B +1.72B +4.87%
1984 35.35B −17.78B −33.47%
1983 53.13B +5.36B +11.21%
1982 47.78B +4.12B +9.43%
1981 43.66B +6.89B +18.73%
1980 36.77B +6.57B +21.76%
1979 30.2B +4.41B +17.1%
1978 25.79B +4.03B +18.51%
1977 21.76B +3.38B +18.36%
1976 18.39B +3.08B +20.15%
1975 15.3B +3.15B +25.93%
1974 12.15B +2.5B +25.87%
1973 9.65B +1.34B +16.13%
1972 8.31B +924M +12.5%
1971 7.39B +702M +10.49%
1970 6.69B +172M +2.64%
1969 6.52B +237M +3.77%
1968 6.28B +430M +7.35%
1967 5.85B +237M +4.21%
1966 5.61B +280M +5.24%
1965 5.33B +342M +6.85%
1964 4.99B −819M −14.09%
1963 5.81B +376M +6.92%
1962 5.43B +480M +9.69%
1961 4.95B +145M +3.01%
1960 4.81B

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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