Ratio of government expenditure to gross domestic product (GDP) in Venezuela 2021
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more statistics on other topics about Venezuela with key insights such as gross domestic product in current prices, gross domestic product per capita and share in the global GDP adjusted for purchasing power parity.