National debt of Venezuela in relation to gross domestic product (GDP) 2021
The ratio of national debt to gross domestic product of Venezuela declined to 240.52 percent in 2021. This means a decline of 78.6 percentage points in comparison to the previous year. Nevertheless, the last two years recorded a significant higher ratio than the preceding years.
This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to 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 ratio of government expenditure to gross domestic product, gross domestic product per capita and budget balance in relation to the gross domestic product.
This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to 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 ratio of government expenditure to gross domestic product, gross domestic product per capita and budget balance in relation to the gross domestic product.
