Wage bill as a percentage of Public Expenditure in Venezuela
Venezuela: Wage bill as a percentage of Public Expenditure was 3.4% in 2021. ▼ Falling
Wage bill as a percentage of Public Expenditure in Venezuela, 2000–2021
Source: World Bank.
Analysis
In 2021, wage bill as a percentage of public expenditure in Venezuela stood at 3.4%.
Compared with earlier readings it is down 11.7% on the previous year and down 70.9% over ten years.
Over the whole period, wage bill as a percentage of public expenditure in Venezuela peaked at 18.2% in 2016 and was at its lowest, 1.9%, in 2019.
That places Venezuela 190th out of 191 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Wage bill as a percentage of Public Expenditure in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 14.4% | — |
| 2001 | 15.5% | +7.9% |
| 2002 | 14.9% | -3.9% |
| 2003 | 14.5% | -2.9% |
| 2004 | 13.2% | -8.6% |
| 2005 | 11.4% | -14.1% |
| 2006 | 10.5% | -7.5% |
| 2007 | 11.7% | +11.5% |
| 2008 | 12.9% | +10.2% |
| 2009 | 15.9% | +23.3% |
| 2010 | 14.3% | -10.5% |
| 2011 | 11.7% | -18.1% |
| 2012 | 12.7% | +8.7% |
| 2013 | 13.9% | +9.4% |
| 2014 | 12.7% | -8.2% |
| 2015 | 14.9% | +16.8% |
| 2016 | 18.2% | +22.3% |
| 2017 | 16.5% | -9.6% |
| 2018 | 9.8% | -40.6% |
| 2019 | 1.9% | -80.4% |
| 2020 | 3.8% | +101.1% |
| 2021 | 3.4% | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.5% | 10.5% | 15.9% | 10 |
| 2010s | 12.7% | 1.9% | 18.2% | 10 |
| 2020s | 3.6% | 3.4% | 3.8% | 2 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 39,390 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 38.02 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 110.44 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 10,074 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 1,680 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 1,537 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 53.46 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1,190 (2050)
Frequently asked questions
- What is wage bill as a percentage of public expenditure in Venezuela?
- Wage bill as a percentage of public expenditure in Venezuela was 3.4% in 2021, according to the World Bank.
- What is the highest wage bill as a percentage of public expenditure recorded in Venezuela?
- The highest recorded value was 18.2% in 2016.
- What is the lowest wage bill as a percentage of public expenditure recorded in Venezuela?
- The lowest recorded value was 1.9% in 2019.
- How does Venezuela rank for wage bill as a percentage of public expenditure?
- Venezuela ranks 190th out of 191 countries with data for 2021.
- Is wage bill as a percentage of public expenditure rising or falling in Venezuela?
- Over the last ten years it is down 70.9%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of Public Expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).