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Venezuela Fiscal Balance

Venezuela Fiscal Balance

Fiscal Balance in Venezuela

The fiscal balance in Venezuela averaged -10.6% of GDP in the decade to 2022, which is above the Latin America regional average of -4.7% of GDP. The fiscal balance in 2022 was -6.0% of GDP. For more fiscal balance information, visit our dedicated page.

Venezuela Fiscal Balance Chart

Note: This chart displays Fiscal Balance (% of GDP) for Venezuela from 2021 to 2013.
Source: Macrobond.

Venezuela Fiscal Balance Data

2019 2020 2021 2022 2023
Fiscal Balance (% of GDP) -10.0 -5.0 -4.6 -6.0 -3.4
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Venezuelan fiscal balance projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Venezuelan fiscal balance.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Venezuelan fiscal balance projections.

Want to get access to the full dataset of Venezuelan fiscal balance forecasts? Send an email to info@focus-economics.com.

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