Venezuela's budget balance in relation to GDP 2023
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about Venezuela with key insights such as growth of the real gross domestic product, gross domestic product per capita and average inflation rate.