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Venezuela (Bolivarian Republic of) - General government gross debt as a share of GDP

38.9 (%) in 2017

Government gross debt as a share of GDP of Venezuela (Bolivarian Republic of) rocketed by 24.14% from 31.3 % in 2016 to 38.9 % in 2017. Since the 49.71% slump in 2015, government gross debt as a share of GDP shot up by 21.70% in 2017.

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What is government gross debt as a share of GDP?

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. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Venezuela (Bolivarian Republic of) government gross debt as a share of GDP?

Date Value Change, %
2017 38.9 24.14%
2016 31.3 -1.97%
2015 31.9 -49.71%
2014 63.5 -12.15%
2013 72.3 24.40%
2012 58.1 14.87%
2011 50.6 38.70%
2010 36.5 32.23%
2009 27.6 35.76%
2008 20.3 -22.96%
2007 26.4 2.75%
2006 25.7

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