Venezuela Military Spending Over Time (1960–2024)

Global Statistics and Country Indicators

Military Spending (USD)

Global rank: 149 / 151

Data table

1960	234.4M	1971	352.3M	1982	1.52B	1993	1.29B	2004	1.45B	2015	320.5M
1961	114.6M	1972	404.7M	1983	2.01B	1994	939.7M	2005	2.67B	2016	218.2M
1962	203.9M	1973	420.9M	1984	1.33B	1995	1.2B	2006	3.63B	2017	2.13B
1963	245.4M	1974	602.3M	1985	820M	1996	733.2M	2007	4.35B	2018	763.6M
1964	200.5M	1975	711.6M	1986	1B	1997	1.54B	2008	5.66B	2019	4.11M
1965	227.3M	1976	593M	1987	765.5M	1998	1.45B	2009	4.06B	2020	2.59M
1966	238.6M	1977	748.8M	1988	1.1B	1999	1.41B	2010	3.99B	2021	2.02M
1967	270.5M	1978	827.9M	1989	1.2B	2000	1.79B	2011	3.58B	2022	4.63M
1968	272.7M	1979	925.6M	1990	737.9M	2001	1.91B	2012	5.11B	2023	3.92M
1969	263.6M	1980	1B	1991	983.7M	2002	1.07B	2013	6.2B	2024	0
1970	272.7M	1981	1.01B	1992	992.9M	2003	987.9M	2014	1.55B

Military Spending (% of GDP)

Global rank: 142 / 150

Data table

1960	3.1%	1971	2.7%	1982	2.2%	1993	2.1%	2004	1.3%	2014	1.2%
1961	1.4%	1972	2.8%	1983	3%	1994	1.6%	2005	1.8%	2015	0.9%
1962	2.3%	1973	2.5%	1984	2.3%	1995	1.5%	2006	2%	2016	0.5%
1963	2.6%	1974	2.3%	1985	1.4%	1996	1%	2007	1.9%	2017	2.2%
1964	2.4%	1975	2.6%	1986	1.6%	1997	1.8%	2008	1.8%	2018	0.2%
1965	2.6%	1976	1.9%	1987	1.6%	1998	1.6%	2009	1.2%	2019	1.8%
1966	2.7%	1977	2.1%	1988	1.8%	1999	1.4%	2010	1%	2020	1.6%
1967	2.9%	1978	2.1%	1989	2.8%	2000	1.5%	2011	1.1%	2021	0.3%
1968	2.7%	1979	1.9%	1990	1.5%	2001	1.6%	2012	1.3%	2022	0.6%
1969	2.5%	1980	1.7%	1991	1.8%	2002	1.2%	2013	1.7%	2023	0.5%
1970	2.3%	1981	1.5%	1992	1.6%	2003	1.2%