Korea, Democratic People's Republic of vs Venezuela, Bolivarian Republic of: Military spending per military personnel

Korea, Democratic People's Republic of
1,224 constant 2022 US$
in 2018
Venezuela, Bolivarian Republic of
37.87 constant 2022 US$
in 2022
Korea, Democratic People's Republic of rank
167th
Venezuela, Bolivarian Republic of rank
170th

Military spending per military personnel over time

  • Korea, Democratic People's Republic of
  • Venezuela, Bolivarian Republic of
0100.0k200.0k300.0k185719392022

How they compare

Korea, Democratic People's Republic of currently reports 1,224 constant 2022 US$ against 37.87 constant 2022 US$ in Venezuela, Bolivarian Republic of, a difference of 1,186 constant 2022 US$.

That makes Korea, Democratic People's Republic of's figure about 32.3 times Venezuela, Bolivarian Republic of's.

Across all 71 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.

Korea, Democratic People's Republic of ranks 167th and Venezuela, Bolivarian Republic of ranks 170th of 170 countries.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Korea, Democratic People's Republic of Venezuela, Bolivarian Republic of Difference Ahead
1940s 5,354 constant 2022 US$ 204,710 constant 2022 US$ 199,356 constant 2022 US$ Venezuela, Bolivarian Republic of
1950s 3,882 constant 2022 US$ 196,430 constant 2022 US$ 192,548 constant 2022 US$ Venezuela, Bolivarian Republic of
1960s 6,612 constant 2022 US$ 26,350 constant 2022 US$ 19,738 constant 2022 US$ Venezuela, Bolivarian Republic of
1970s 7,921 constant 2022 US$ 29,946 constant 2022 US$ 22,025 constant 2022 US$ Venezuela, Bolivarian Republic of
1980s 9,559 constant 2022 US$ 23,086 constant 2022 US$ 13,526 constant 2022 US$ Venezuela, Bolivarian Republic of
1990s 6,730 constant 2022 US$ 13,419 constant 2022 US$ 6,689 constant 2022 US$ Venezuela, Bolivarian Republic of
2000s 4,559 constant 2022 US$ 20,324 constant 2022 US$ 15,765 constant 2022 US$ Venezuela, Bolivarian Republic of
2010s 1,498 constant 2022 US$ 15,952 constant 2022 US$ 14,454 constant 2022 US$ Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending per military personnel, Korea, Democratic People's Republic of or Venezuela, Bolivarian Republic of?
Korea, Democratic People's Republic of, at 1,224 constant 2022 US$ against 37.87 constant 2022 US$ in Venezuela, Bolivarian Republic of as of 2018.
What is the difference in military spending per military personnel between Korea, Democratic People's Republic of and Venezuela, Bolivarian Republic of?
1,186 constant 2022 US$, with Korea, Democratic People's Republic of ahead.
How many years of comparable data are there for Korea, Democratic People's Republic of and Venezuela, Bolivarian Republic of?
71 years are reported by both, from 1948 to 2018.
How do Korea, Democratic People's Republic of and Venezuela, Bolivarian Republic of rank globally for military spending per military personnel?
Korea, Democratic People's Republic of ranks 167th and Venezuela, Bolivarian Republic of ranks 170th of 170 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as Military spending per military personnel. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea, Democratic People's Republic of vs Venezuela, Bolivarian Republic of: Military spending per military personnel. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Retrieved 03 September 2026, from https://reference.statizoid.com/compare/military-spending-per-military-personnel/korea-dem-people-s-rep/venezuela-rb/

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About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.