24Peaks / South America / Venezuela / Government Defence Expenditure (% of GDP)

Venezuela - Government Defence Expenditure (% of GDP) 2.23

World Bank WDI (SIPRI military expenditure) · updated 2026-10-15 · 166 economies tracked

Latest value

2.23 (2017)

Global rank

##37 of 166 economies

Share of global total

0.8%

Growth since 1960

0.73×

Ranking Race — Government Defence Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#24#47#70#93#116#13919601970198019902000201020202025#20#372013 overtook Egypt2017 overtook Burundi
VenezuelaUkraineAlgeriaIsraelRussia

Real annual global ranks, 1960 - 2025. Venezuela climbed from #20 to #37 (overtook Egypt). Gaps in a lane = missing data that year.

Key events for Venezuela ↓

Key Events — Venezuela

Auto-detected from rank data + curated milestones

1961
Fell 29 places in global rank auto
1976
Fell 20 places in global rank auto
1982
Climbed 22 places in global rank auto
1983
Climbed 18 places in global rank auto
1984
Fell 16 places in global rank auto
1985
Fell 29 places in global rank auto
1989
Climbed 38 places in global rank auto
1990
Fell 40 places in global rank auto

Government Defence Expenditure (% of GDP), 1960-2017

World Bank WDI (SIPRI military expenditure) · % of GDP · linear scale · ranking in the race above
196019751990200520170.451.322.193.06
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