Health expenditure (% of GDP) — all countries

Health expenditure (% of GDP) — Venezuela

Health expenditure (% of GDP) in Venezuela in 2023 — 3.78%. Ranked 158 in the world out of 192. Since 2018, the indicator has risen by 1.36 pp.

2023 3.78% −0.77 pp vs 2022
World rank 158of 192
Period maximum 4.55%2022
Period minimum 2.19%2019

Trend over time

2018–2023 · % of GDP

Health expenditure (% of GDP) — Venezuela, 2018–202323452018201920202021202220232018: 2.42%2019: 2.19%2020: 4.12%2021: 4.1%2022: 4.55%2023: 3.78%
Change over the period: +1.36 pp Annual average: 0.27 pp

Comparison, 2023

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

Venezuela 3.78%
World 10.06%
South America computed 9.15%
Health expenditure (% of GDP) — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2023 3.78 −0.77 pp
2022 4.55 +0.45 pp
2021 4.1 −0.01 pp
2020 4.12 +1.93 pp
2019 2.19 −0.23 pp
2018 2.42

About the indicator

Current health expenditure as a percent of GDP: government spending, compulsory and voluntary insurance, and direct payments by households. Capital investment in infrastructure is not included. A high share does not automatically mean better health of the population: it can reflect broad coverage just as well as the high cost of services.

Source: Global Health Observatory (WHO), license CC BY-NC-SA 3.0 IGO.