Data / Household final consumption expenditure, share of GDP / Venezuela

Household final consumption expenditure, share of GDP in Venezuela

Household final consumption expenditure, share of GDP in Venezuela was 60.1% of GDP in 1990, according to the World Bank. That is down 2.5 pts from 1989.

1990, % of GDP60.1
Change on 1989-2.5 pts
Series high78.61983
Series low46.61974

Next release: Friday, 8 October 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

Get an email when a new figure is out or this one is revised.
Keep it in a collection in your library.

Household final consumption expenditure, share of GDP in Venezuela, 1960 to 1990

405060708019601965197019751980198519901960: 62.7 % of GDP1961: 61.4 % of GDP1962: 61.6 % of GDP1963: 60.5 % of GDP1964: 60.9 % of GDP1965: 63.3 % of GDP1966: 63.9 % of GDP1967: 63.2 % of GDP1968: 62.6 % of GDP1969: 63.4 % of GDP1970: 57.8 % of GDP1971: 56.9 % of GDP1972: 59.5 % of GDP1973: 56.7 % of GDP1974: 46.6 % of GDP1975: 55.7 % of GDP1976: 58.5 % of GDP1977: 60.1 % of GDP1978: 65.6 % of GDP1979: 62.5 % of GDP1980: 62.2 % of GDP1981: 65.8 % of GDP1982: 70.5 % of GDP1983: 78.6 % of GDP1984: 59 % of GDP1985: 59.8 % of GDP1986: 66.7 % of GDP1987: 62.6 % of GDP1988: 66.2 % of GDP1989: 62.6 % of GDP1990: 60.1 % of GDP40506070801960197119901960: 62.7 % of GDP1961: 61.4 % of GDP1962: 61.6 % of GDP1963: 60.5 % of GDP1964: 60.9 % of GDP1965: 63.3 % of GDP1966: 63.9 % of GDP1967: 63.2 % of GDP1968: 62.6 % of GDP1969: 63.4 % of GDP1970: 57.8 % of GDP1971: 56.9 % of GDP1972: 59.5 % of GDP1973: 56.7 % of GDP1974: 46.6 % of GDP1975: 55.7 % of GDP1976: 58.5 % of GDP1977: 60.1 % of GDP1978: 65.6 % of GDP1979: 62.5 % of GDP1980: 62.2 % of GDP1981: 65.8 % of GDP1982: 70.5 % of GDP1983: 78.6 % of GDP1984: 59 % of GDP1985: 59.8 % of GDP1986: 66.7 % of GDP1987: 62.6 % of GDP1988: 66.2 % of GDP1989: 62.6 % of GDP1990: 60.1 % of GDP
% of GDP. Source: World Bank, Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 31 values
Period% of GDP
199060.1
198962.6
198866.2
198762.6
198666.7
198559.8
198459
198378.6
198270.5
198165.8
198062.2
197962.5
197865.6
197760.1
197658.5
197555.7
197446.6
197356.7
197259.5
197156.9
197057.8
196963.4
196862.6
196763.2
196663.9
196563.3
196460.9
196360.5
196261.6
196161.4
196062.7

Venezuela compared with nearby places

Albania: 62.7 % of GDPArmenia: 48.6 % of GDPArgentina: 77.1 % of GDPAustria: 55.3 % of GDPAustralia: 54.7 % of GDPAzerbaijan: 52.6 % of GDPBangladesh: 80 % of GDPBelgium: 54.2 % of GDPBurkina Faso: 73.5 % of GDPBulgaria: 59.8 % of GDPBurundi: 94.5 % of GDPBenin: 75.7 % of GDPBrunei: 15.4 % of GDPBolivia: 76.9 % of GDPBrazil: 59.3 % of GDPBahamas: 62.8 % of GDPBhutan: 64.7 % of GDPBotswana: 33.2 % of GDPBelarus: 47.3 % of GDPBelize: 36 % of GDPCanada: 55.8 % of GDPCentral African Republic: 80.7 % of GDPRepublic of the Congo: 31.8 % of GDPSwitzerland: 53.1 % of GDPCôte d’Ivoire: 71.9 % of GDPChile: 61.3 % of GDPCameroon: 66.6 % of GDPChina: 49.9 % of GDPColombia: 64 % of GDPCosta Rica: 61.4 % of GDPCuba: 53.9 % of GDPCyprus: 61.2 % of GDPCzechia: 49.5 % of GDPGermany: 55.8 % of GDPDenmark: 49.7 % of GDPDominican Republic: 81.7 % of GDPAlgeria: 56.8 % of GDPEcuador: 62.7 % of GDPEgypt: 71.9 % of GDPSpain: 61.4 % of GDPFinland: 50.1 % of GDPFiji: 73 % of GDPFrance: 54.7 % of GDPGabon: 49.7 % of GDPUnited Kingdom: 66.5 % of GDPGeorgia: 67.5 % of GDPGhana: 85.2 % of GDPGambia: 75.6 % of GDPGuinea: 45.9 % of GDPGreece: 67.2 % of GDPGuatemala: 83.6 % of GDPGuinea-Bissau: 86.9 % of GDPGuyana: 72.4 % of GDPHong Kong: 57.5 % of GDPHonduras: 65.2 % of GDPIndonesia: 63.5 % of GDPIreland: 57.2 % of GDPIsrael: 54.2 % of GDPIndia: 67.1 % of GDPIraq: 45.2 % of GDPIran: 67.9 % of GDPIceland: 56.9 % of GDPItaly: 57.2 % of GDPJordan: 74.9 % of GDPJapan: 49.3 % of GDPKenya: 62.4 % of GDPKyrgyzstan: 71.3 % of GDPSouth Korea: 50.1 % of GDPKuwait: 56.8 % of GDPLebanon: 116.9 % of GDPSri Lanka: 72.5 % of GDPLuxembourg: 48.2 % of GDPLibya: 48.4 % of GDPMorocco: 58.8 % of GDPMadagascar: 59.8 % of GDPNorth Macedonia: 63.8 % of GDPMali: 74 % of GDPMongolia: 50.8 % of GDPMauritania: 65.4 % of GDPMauritius: 62.6 % of GDPMexico: 70 % of GDPMalaysia: 51.8 % of GDPNamibia: 53.3 % of GDPNew Caledonia: 77.3 % of GDPNiger: 73.3 % of GDPNetherlands: 49 % of GDPNorway: 49 % of GDPNepal: 84.3 % of GDPNew Zealand: 60.2 % of GDPOman: 32 % of GDPPanama: 66.3 % of GDPPeru: 74.6 % of GDPPapua New Guinea: 59 % of GDPPhilippines: 67.9 % of GDPPakistan: 71.4 % of GDPPuerto Rico: 64.8 % of GDPPortugal: 63.9 % of GDPParaguay: 62.9 % of GDPQatar: 27.8 % of GDPRomania: 65.9 % of GDPRussia: 48.9 % of GDPRwanda: 65.4 % of GDPSaudi Arabia: 46.3 % of GDPSudan: 84.5 % of GDPSweden: 47.7 % of GDPSingapore: 44.6 % of GDPSlovenia: 48.1 % of GDPSlovakia: 53.5 % of GDPSierra Leone: 78.5 % of GDPSenegal: 79.7 % of GDPEl Salvador: 88.9 % of GDPSyria: 68.7 % of GDPChad: 97.6 % of GDPTogo: 55 % of GDPThailand: 56.6 % of GDPTurkmenistan: 50 % of GDPTunisia: 63.6 % of GDPTürkiye: 68.6 % of GDPTanzania: 57 % of GDPUkraine: 57.1 % of GDPUganda: 93 % of GDPUnited States: 63.9 % of GDPUruguay: 70.3 % of GDPVenezuela: 60.1 % of GDPVanuatu: 59.3 % of GDPYemen: 77 % of GDPSouth Africa: 64.2 % of GDPZimbabwe: 63.1 % of GDP
  • Under 50
  • 50 to 57
  • 57 to 62
  • 62 to 67
  • 67 to 75
  • 75 and over
  • No data
Household final consumption expenditure, share of GDP, 1990, % of GDP. Venezuela is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Spending on goods and services by households and non-profit institutions serving households, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

Report a problem with this figure

How to cite

World Bank, World Development Indicators. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS) (Household final consumption expenditure, share of GDP, Venezuela, 1960 to 1990) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NE.CON.PRVT.ZS

MLA 9

Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS), Household final consumption expenditure, share of GDP, Venezuela, 1960 to 1990. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Invokely, https://invokely.ai/en/household-consumption-gdp/venezuela. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). Household final consumption expenditure, share of GDP, Venezuela, 1960 to 1990. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Also distributed by Invokely, https://invokely.ai/en/household-consumption-gdp/venezuela.

Harvard

World Bank (2026) Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS), Household final consumption expenditure, share of GDP, Venezuela, 1960 to 1990 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.CON.PRVT.ZS, via Invokely: https://invokely.ai/en/household-consumption-gdp/venezuela (Accessed: 18 October 2026).

BibTeX
@misc{world_household_final_consumption_expenditure_1990,
  author = {{World Bank}},
  title = {{Households and NPISHs final consumption expenditure (\% of GDP) (NE.CON.PRVT.ZS): Household final consumption expenditure, share of GDP, Venezuela, 1960 to 1990}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NE.CON.PRVT.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/household-consumption-gdp/venezuela. Publisher attribution: World Bank, World Development Indicators. Households and NPISHs final consumption expenditure (\% of GDP) (NE.CON.PRVT.ZS). https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS): Household final consumption expenditure, share of GDP, Venezuela, 1960 to 1990
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NE.CON.PRVT.ZS
L2  - https://invokely.ai/en/household-consumption-gdp/venezuela
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/household-consumption-gdp/venezuela.
N1  - Publisher attribution: World Bank, World Development Indicators. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

What is the latest household final consumption expenditure, share of GDP in Venezuela? Cite the source.
get_value {"indicator":"household_consumption_gdp","place":"ve"}
GET https://invokely.ai/api/v1/value?indicator=household_consumption_gdp&place=ve

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

What is the household final consumption expenditure, share of GDP in Venezuela?

Household final consumption expenditure, share of GDP in Venezuela was 60.1% of GDP in 1990, according to the World Bank. That is down 2.5 pts from 1989.

Where does this figure come from?

World Bank. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest household final consumption expenditure, share of GDP in Venezuela?

78.6% of GDP in 1983, the highest value since 1960 in this series.

Household final consumption expenditure, share of GDP in other countries

Related statistics for Venezuela

All statistics for Venezuela | Venezuela in figures