Kuwait vs Venezuela: Military spending, annual growth rate
Kuwait
3.53 % change on previous year
in 2023
Venezuela
3.63 % change on previous year
in 2023
Kuwait rank
112th
Venezuela rank
111th
Military spending, annual growth rate over time
- Kuwait
- Venezuela
How they compare
Venezuela currently reports 3.63 % change on previous year against 3.53 % change on previous year in Kuwait, a difference of 0.1 % change on previous year.
The two have swapped places 23 times across 62 shared years of data; in 1962 it was Kuwait ahead.
Kuwait ranks 112th and Venezuela ranks 111th of 172 countries.
Across the 7 decades both report, Kuwait averaged higher in 6 and Venezuela in 1.
Head to head by decade
| Decade | Kuwait | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 29.6 % change on previous year | 6.23 % change on previous year | 23.37 % change on previous year | Kuwait |
| 1970s | 15.79 % change on previous year | 5.5 % change on previous year | 10.29 % change on previous year | Kuwait |
| 1980s | 0.8043 % change on previous year | -5.03 % change on previous year | 5.83 % change on previous year | Kuwait |
| 1990s | 44.5 % change on previous year | 1.43 % change on previous year | 43.07 % change on previous year | Kuwait |
| 2000s | 1.72 % change on previous year | 9.99 % change on previous year | 8.27 % change on previous year | Venezuela |
| 2010s | 5.16 % change on previous year | -19.87 % change on previous year | 25.03 % change on previous year | Kuwait |
| 2020s | 1.49 % change on previous year | -4.26 % change on previous year | 5.75 % change on previous year | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, annual growth rate, Kuwait or Venezuela?
- Venezuela, at 3.63 % change on previous year against 3.53 % change on previous year in Kuwait as of 2023.
- What is the difference in military spending, annual growth rate between Kuwait and Venezuela?
- 0.1 % change on previous year, with Venezuela ahead.
- How many years of comparable data are there for Kuwait and Venezuela?
- 62 years are reported by both, from 1962 to 2023.
- How do Kuwait and Venezuela rank globally for military spending, annual growth rate?
- Kuwait ranks 112th and Venezuela ranks 111th of 172 countries.
- Where does this data come from?
- Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.