Share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Share of consumer expenditure spent on food was 51.95 in 2023. ▲ Rising

Latest (2023)
51.95
Change on year
up 181.6%
World rank
4th
of 104 countries
All-time high
51.95
in 2023
All-time low
18.45
in 2022
Years of data
7
2017–2023

Share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of, 2017–2023

02040602017202020232017: 19.32018: 19.12019: 18.92020: 18.82021: 18.62022: 18.42023: 52

Source: Our World in Data.

Analysis

The most recent figure for share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of is 51.95, measured in 2023. That is the highest value across all 7 years on record.

That represents a change of up 181.6% on the previous year and up 169.6% over ten years.

That places Venezuela, Bolivarian Republic of 4th out of 104 countries with data for 2023, putting it in the top 10%.

Share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of, year by year

Annual values for Share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of, 2017 to 2023.
Year Value Change
2017 19.27
2018 19.1 -0.9%
2019 18.94 -0.8%
2020 18.77 -0.9%
2021 18.61 -0.9%
2022 18.45 -0.9%
2023 51.95 +181.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 19.1 18.94 19.27 3
2020s 26.95 18.45 51.95 4

Countries ranked near Venezuela, Bolivarian Republic of

  1. 1 Nigeria 59.35 compare
  2. 2 Myanmar 53.94 compare
  3. 3 Bangladesh 52.77 compare
  4. 5 Lao People's Democratic Republic 50.47 compare
  5. 6 Kazakhstan 50.44 compare
  6. 7 Angola 50.01 compare

See the full ranking of 104 places →

More reference data data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of?
Share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of was 51.95 in 2023, according to Our World in Data.
What is the highest share of consumer expenditure spent on food recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 51.95 in 2023.
What is the lowest share of consumer expenditure spent on food recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 18.45 in 2022.
How does Venezuela, Bolivarian Republic of rank for share of consumer expenditure spent on food?
Venezuela, Bolivarian Republic of ranks 4th out of 104 countries with data for 2023.
Is share of consumer expenditure spent on food rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is up 169.6%. The long-run trend across the full record is rising.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from Our World in Data, published as part of Share of consumer expenditure spent on food. Statizoid updates them automatically from the source API.

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Share of consumer expenditure spent on food in Venezuela, Bolivarian Republic of. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/share-of-consumer-expenditure-spent-on-food/venezuela-rb/

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About this data

Indicator
Share of consumer expenditure spent on food
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
104 places, 727 data points, 2017–2023
Last refreshed