Venezuela Food Expenditure vs GDP 2023: 693.49 %
Venezuela's food expenditure vs gdp in 2023 is 693.49 %, up 801.9% from 2022. It ranks #88 of 103 countries.
The ratio of food expenditure to GDP shows how much of a country's economic output is spent on food, reflecting economic structure.
Source (2023): Annual food expenditure vs. total consumer expenditure | Our World in Data
Food Expenditure vs GDP over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2023 | 693.49 % | +616.6 % | +801.94% | |
| 2022 | 76.89 % | +30.22 % | +64.74% | |
| 2021 | 46.67 % | +19.33 % | +70.71% | |
| 2020 | 27.34 % | +25.73 % | +1600.03% | |
| 2019 | 1.61 % | 93.79 % | -98.31% | |
| 2018 | 95.4 % | 193.2 % | -66.94% | |
| 2017 | 288.6 % | — | — |
Frequently Asked Questions About Venezuela Food Expenditure vs GDP
What is Venezuela's food expenditure vs gdp in 2023?▾
Venezuela's food expenditure vs gdp is 693.49 % in 2023, according to Annual food expenditure vs. total consumer expenditure | Our World in Data.
Is Venezuela's food expenditure vs gdp increasing or decreasing?▾
Venezuela's food expenditure vs gdp rose by 801.9% from 2022 (76.89 %) to 2023 (693.49 %).
How does Venezuela rank for food expenditure vs gdp?▾
In 2023, Venezuela has the 88th highest food expenditure vs gdp out of 103 countries with data.
What was Venezuela's food expenditure vs gdp in 2017?▾
In 2017, Venezuela's food expenditure vs gdp was 288.60 %. By 2023 it rose by 140.3%.
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