Consumer Confidence in Venezuela decreased to 66 points in the second quarter of 2020 from 74 points in the first quarter of 2020.

Consumer Confidence in Venezuela averaged 70.40 points from 2011 until 2020, reaching an all time high of 89 points in the first quarter of 2012 and a record low of 57 points in the third quarter of 2016. This page provides - Venezuela Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Consumer Confidence - values, historical data and charts - was last updated on October of 2020. source: Nielsen

Consumer Confidence in Venezuela is expected to be 60.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Venezuela to stand at 59.00 in 12 months time. In the long-term, the Venezuela Consumer Confidence is projected to trend around 58.00 points in 2021 and 54.00 points in 2022, according to our econometric models.

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Venezuela Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
66.00 74.00 89.00 57.00 2011 - 2020 points Quarterly

Venezuela Consumer Last Previous Highest Lowest Unit
Consumer Confidence 66.00 74.00 89.00 57.00 points [+]
Retail Sales Mom -29.60 -8.70 84.50 -47.60 percent [+]
Retail Sales YoY -53.50 -56.20 60.30 -56.20 percent [+]
Consumer Spending 3819.00 5057.00 12336.00 3819.00 VEF Million [+]
Private Sector Credit 59180415.50 46004545.60 59180415.50 5.83 VEF Million [+]
Gasoline Prices 0.02 0.02 0.02 0.00 USD/Liter [+]


Venezuela Consumer Confidence
In Venezuela, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism.