Web Reference: Mar 25, 2026 · In Python, variables are used to store data that can be referenced and manipulated during program execution. A variable is essentially a name that is assigned to a value. Variables are containers for storing data values. Python has no command for declaring a variable. A variable is created the moment you first assign a value to it. Variables do not need to be declared with any particular type, and can even change type after they have been set. Jun 16, 2015 · In Python variables hold references to objects so you don't exactly allocate memory for it. There is no need to initiliase a variable to avoid any junk residing in memory.
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