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CONKLING KOPCIKECONOMICS
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Venezuela: General government net lending/borrowing

General government revenue minus total expenditure, as a percentage of GDP: positive is a surplus (net lending), negative a deficit (net borrowing).

Data status: Current
Official statisticSource figures as of October 8, 2026Sources & methods
Period covered
1988 – 2025
Source figures as of
October 8, 2026
Geography
Venezuela
Sector
Whole economy (not a single sector)
Seasonal adjustment
Not applicable
Transformations
Views other than the level (changes, averages, volatility) are calculated by CK Economics from these figures
Revisions
Replaced with the source’s latest figures whenever it revises them.
Data status
Current

Full method · Research standards

Key figures

CK estimate% of GDP · calculated by CK Economics from International Monetary Fund data

Latest · 2025
−4.5
+0.5 pp vs a year earlier1
5-year change
+4.3 pp
since 20202
10-year change
+7.5 pp
since 20152
Record high
7.9
19963
Record low
−31.9
20183
Where the latest ranks
56th pct.
Higher than 56% of the other 37 observations since 19884
  1. 1Latest observation against the observation one year earlier (for weekly data, the nearest within three days).
  2. 2Latest observation against the observation five and ten years earlier.
  3. 3Highest and lowest published observations across the full history shown.
  4. 4Share of the other published observations that are lower than the latest one, rounded down.

Methodology

General government revenue minus total expenditure, as a percentage of GDP: positive is a surplus (net lending), negative a deficit (net borrowing). Figures for the years from the WEO's own year onward are IMF staff projections, labelled "IMF forecast". Earlier years are the IMF's series of reported data, which for some countries include IMF staff estimates for the latest years. Source series GGXCNL_NGDP. Licence: IMF terms of use (https://www.imf.org/en/About/copyright-and-terms).

How we collect, check and project every dataset →

Source

International Monetary Fund, World Economic Outlook (WEO October 2026). https://www.imf.org/external/datamapper/GGXCNL_NGDP@WEO/VEN

All data

38 observations, newest first · % of GDP

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PeriodValueChange y/y
2025−4.5+0.5 pp
2024−5+3.8 pp
2023−8.8−2.4 pp
2022−6.4−1.6 pp
2021−4.8+4 pp
2020−8.8+2 pp
2019−10.8+21.1 pp
2018−31.9−6.3 pp
2017−25.6−13.4 pp
2016−12.2−0.2 pp
2015−12+4.4 pp
2014−16.4−4.5 pp
2013−11.9−1.1 pp
2012−10.8−2.2 pp
2011−8.6−3.6 pp
2010−5+3.9 pp
2009−8.9−5.4 pp
2008−3.5−0.7 pp
2007−2.8−1.2 pp
2006−1.6−5.7 pp
20054.1+1.6 pp
20042.5+2.3 pp
20030.2+1.7 pp
2002−1.5+3.1 pp