Venezuela
Military spending in Venezuela
Military spending in Venezuela: 2.58% of GDP in 1955 and 2.23% of GDP in 2017, by SIPRI estimates.
- Latest, 2017
- 2.23% of GDP
- Since 1955
- −0.34 percentage points
% of GDP · SIPRI
What the numbers say
- The highest was 3.43% of GDP in 1958, the lowest 0.45% of GDP in 2016.
Every year
% of GDP · SIPRI
| Year | Venezuela |
|---|---|
| 2017 | 2.23 |
| 2016 | 0.45 |
| 2015 | 0.94 |
| 2014 | 1.16 |
| 2013 | 1.67 |
| 2012 | 1.34 |
| 2011 | 1.13 |
| 2010 | 1.01 |
| 2009 | 1.23 |
| 2008 | 1.79 |
| 2007 | 1.89 |
| 2006 | 1.98 |
| 2005 | 1.83 |
| 2004 | 1.29 |
| 2003 | 1.18 |
| 2002 | 1.15 |
| 2001 | 1.56 |
| 2000 | 1.53 |
| 1999 | 1.44 |
| 1998 | 1.59 |
| 1997 | 1.8 |
| 1996 | 1.04 |
| 1995 | 1.55 |
| 1994 | 1.59 |
| 1993 | 2.15 |
| 1992 | 1.64 |
| 1991 | 1.84 |
| 1990 | 1.52 |
| 1989 | 2.79 |
| 1988 | 1.82 |
| 1987 | 1.63 |
| 1986 | 1.65 |
| 1985 | 1.37 |
| 1984 | 2.29 |
| 1983 | 2.97 |
| 1982 | 2.25 |
| 1981 | 1.52 |
| 1980 | 1.7 |
| 1979 | 1.92 |
| 1978 | 2.11 |
| 1977 | 2.07 |
| 1976 | 1.89 |
| 1975 | 2.59 |
| 1974 | 2.31 |
| 1973 | 2.47 |
| 1972 | 2.83 |
| 1971 | 2.7 |
| 1970 | 2.29 |
| 1969 | 2.5 |
| 1968 | 2.68 |
| 1967 | 2.86 |
| 1966 | 2.66 |
| 1965 | 2.64 |
| 1964 | 2.45 |
| 1963 | 2.55 |
| 1962 | 2.31 |
| 1961 | 1.42 |
| 1960 | 3.06 |
| 1959 | 2.96 |
| 1958 | 3.43 |
| 1957 | 3.22 |
| 1956 | 2.76 |
| 1955 | 2.58 |
- Estimate
- Highly uncertain
Good to know
- What the country spends on its armed forces and defence, as a share of its economy, by SIPRI’s count.
- Source: Information from the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database, https://doi.org/10.55163/CQGC9685.
- Marked points are SIPRI’s own: a dot where it gives the figure as its estimate, a ring where it calls the figure highly uncertain.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Venezuela in numbers
Every measure for Venezuela on one page