Consumer Spending in Venezuela increased to 10233 VEF Million in the third quarter of 2015 from 10063 VEF Million in the second quarter of 2015. Consumer Spending in Venezuela averaged 8186.01 VEF Million from 1998 until 2015, reaching an all time high of 12336 VEF Million in the fourth quarter of 2013 and a record low of 4886 VEF Million in the first quarter of 2003.
Consumer Spending in Venezuela is expected to be 10353.63 VEF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Venezuela to stand at 10340.75 in 12 months time. In the long-term, the Venezuela Consumer Spending is projected to trend around 10000.77 VEF Million in 2020, according to our econometric models.