Cuba vs Venezuela: Military spending, per unit of GDP

Cuba
0.0016 constant 2022 US$ per US$ of GDP
in 2018
Venezuela
0 constant 2022 US$ per US$ of GDP
in 2023
Cuba rank
168th
Venezuela rank
170th

Military spending, per unit of GDP over time

  • Cuba
  • Venezuela
00.050.10.150.20.25196019912023

How they compare

Cuba currently reports 0.0016 constant 2022 US$ per US$ of GDP against 0 constant 2022 US$ per US$ of GDP in Venezuela, a difference of 0.0016 constant 2022 US$ per US$ of GDP.

That makes Cuba's figure about 33.0 times Venezuela's.

The two have swapped places 3 times across 49 shared years of data; in 1970 it was Cuba ahead.

Cuba ranks 168th and Venezuela ranks 170th of 170 countries.

Across the 5 decades both report, Cuba averaged higher in 4 and Venezuela in 1.

Head to head by decade

Decade Cuba Venezuela Difference Ahead
1970s 0.1674 constant 2022 US$ per US$ of GDP 0.0681 constant 2022 US$ per US$ of GDP 0.0993 constant 2022 US$ per US$ of GDP Cuba
1980s 0.1295 constant 2022 US$ per US$ of GDP 0.0241 constant 2022 US$ per US$ of GDP 0.1054 constant 2022 US$ per US$ of GDP Cuba
1990s 0.049 constant 2022 US$ per US$ of GDP 0.0155 constant 2022 US$ per US$ of GDP 0.0335 constant 2022 US$ per US$ of GDP Cuba
2000s 0.0339 constant 2022 US$ per US$ of GDP 0.0111 constant 2022 US$ per US$ of GDP 0.0228 constant 2022 US$ per US$ of GDP Cuba
2010s 0.0017 constant 2022 US$ per US$ of GDP 0.0078 constant 2022 US$ per US$ of GDP 0.0062 constant 2022 US$ per US$ of GDP Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Cuba or Venezuela?
Cuba, at 0.0016 constant 2022 US$ per US$ of GDP against 0 constant 2022 US$ per US$ of GDP in Venezuela as of 2018.
What is the difference in military spending, per unit of gdp between Cuba and Venezuela?
0.0016 constant 2022 US$ per US$ of GDP, with Cuba ahead.
How many years of comparable data are there for Cuba and Venezuela?
49 years are reported by both, from 1970 to 2018.
How do Cuba and Venezuela rank globally for military spending, per unit of gdp?
Cuba ranks 168th and Venezuela ranks 170th of 170 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Venezuela: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp-2/cuba/venezuela-rb/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.