Ratio of government revenue to gross domestic product (GDP) in Venezuela 2001-2023
The ratio of government revenue to gross domestic product (GDP) in Venezuela increased by 2.7 percentage points (+32.65 percent) in 2023 in comparison to the previous year. In total, the ratio amounted to 10.99 percent in 2023.
Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Colombia, Guyana and Suriname.
Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Colombia, Guyana and Suriname.
