Food expenditure per person per year in Venezuela

Venezuela: Food expenditure per person per year was 693.49 in 2023. ◆ Volatile

Latest (2023)
693.49
Change on year
up 801.9%
World rank
89th
of 104 countries
All-time high
693.49
in 2023
All-time low
1.61
in 2019
Years of data
7
2017–2023

Food expenditure per person per year in Venezuela, 2017–2023

02004006002017202020232017: 288.62018: 95.42019: 1.62020: 27.32021: 46.72022: 76.92023: 693.5

Source: Our World in Data.

Analysis

Venezuela recorded 693.49 for food expenditure per person per year in 2023. That is the highest value across all 7 years on record.

Compared with earlier readings it is up 801.9% on the previous year and up 140.3% over ten years.

That places Venezuela 89th out of 104 countries with data for 2023, putting it in the bottom quarter.

Food expenditure per person per year in Venezuela, year by year

Annual values for Food expenditure per person per year in Venezuela, 2017 to 2023.
Year Value Change
2017 288.6 —
2018 95.4 -66.9%
2019 1.61 -98.3%
2020 27.34 +1600.0%
2021 46.67 +70.7%
2022 76.89 +64.7%
2023 693.49 +801.9%

Venezuela compared with similar countries

  • Venezuela's 693.49 is above the median for lower middle income countries, which is 693.49, 1.0× the median. (21 countries reporting)
  • Venezuela's 693.49 is below the median for Latin America & Caribbean, which is 1,387, 50% of the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 128.54 1.61 288.6 3
2020s 211.1 27.34 693.49 4

Countries ranked near Venezuela

  1. 86 Uzbekistan 718.67 compare
  2. 87 Iraq 715.22 compare
  3. 88 Sri Lanka 714.86 compare
  4. 90 Cote d'Ivoire 658.13 compare
  5. 91 Angola 637.65 compare
  6. 92 Kenya 625.84 compare

See the full ranking of 104 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is food expenditure per person per year in Venezuela?
Food expenditure per person per year in Venezuela was 693.49 in 2023, according to Our World in Data.
What is the highest food expenditure per person per year recorded in Venezuela?
The highest recorded value was 693.49 in 2023.
What is the lowest food expenditure per person per year recorded in Venezuela?
The lowest recorded value was 1.61 in 2019.
How does Venezuela rank for food expenditure per person per year?
Venezuela ranks 89th out of 104 countries with data for 2023.
Is food expenditure per person per year rising or falling in Venezuela?
Over the last ten years it is up 140.3%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Our World in Data, published as part of Food expenditure per person per year. Statizoid updates them automatically from the source API.

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Food expenditure per person per year in Venezuela. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/food-expenditure-per-person-per-year/venezuela-rb/

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About this data

Indicator
Food expenditure per person per year
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
104 places, 727 data points, 2017–2023
Last refreshed