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Venezuela Fiscal Balance
-3.7% GDPas of 2024
Venezuela's fiscal balance stands at -3.7% GDP as of 2024. The indicator has increased from -9.8% in 2014 to -3.7% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -9.8% GDP | — |
| 2015 | -8.1% GDP | +1.7pp |
| 2016 | -8.5% GDP | -0.4pp |
| 2017 | -13.3% GDP | -4.8pp |
| 2018 | -31% GDP | -17.7pp |
| 2019 | -10.9% GDP | +20.1pp |
| 2020 | -6.6% GDP | +4.3pp |
| 2021 | -5.8% GDP | +0.8pp |
| 2022 | -5.3% GDP | +0.5pp |
| 2023 | -1.2% GDP | +4.1pp |
| 2024 | -3.7% GDP | -2.5pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.