What is the difference in military spending, per unit of gdp between Laos and Venezuela?

0.0017 constant 2022 US$ per US$ of GDP, with Laos ahead.

How many years of comparable data are there for Laos and Venezuela?

33 years are reported by both, from 1984 to 2016.

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.

Laos vs Venezuela: Military spending, per unit of GDP

Laos

0.0017 constant 2022 US$ per US$ of GDP

in 2016

Venezuela

0 constant 2022 US$ per US$ of GDP

in 2023

Laos rank

167th

Venezuela rank

170th

Military spending, per unit of GDP over time

Laos
Venezuela

How they compare

Laos currently reports 0.0017 constant 2022 US$ per US$ of GDP against 0 constant 2022 US$ per US$ of GDP in Venezuela, a difference of 0.0017 constant 2022 US$ per US$ of GDP.

That makes Laos's figure about 35.3 times Venezuela's.

The two have swapped places 1 time across 33 shared years of data; in 1984 it was Laos ahead.

Laos ranks 167th and Venezuela ranks 170th of 170 countries.

Across the 4 decades both report, Laos averaged higher in 2 and Venezuela in 2.

Head to head by decade

Decade	Laos	Venezuela	Difference	Ahead
1980s	0.095 constant 2022 US$ per US$ of GDP	0.0224 constant 2022 US$ per US$ of GDP	0.0726 constant 2022 US$ per US$ of GDP	Laos
1990s	0.1027 constant 2022 US$ per US$ of GDP	0.0155 constant 2022 US$ per US$ of GDP	0.0872 constant 2022 US$ per US$ of GDP	Laos
2000s	0.0082 constant 2022 US$ per US$ of GDP	0.0111 constant 2022 US$ per US$ of GDP	0.0029 constant 2022 US$ per US$ of GDP	Venezuela
2010s	0.0022 constant 2022 US$ per US$ of GDP	0.0087 constant 2022 US$ per US$ of GDP	0.0065 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, Laos or Venezuela?: Laos, at 0.0017 constant 2022 US$ per US$ of GDP against 0 constant 2022 US$ per US$ of GDP in Venezuela as of 2016.
What is the difference in military spending, per unit of gdp between Laos and Venezuela?: 0.0017 constant 2022 US$ per US$ of GDP, with Laos ahead.
How many years of comparable data are there for Laos and Venezuela?: 33 years are reported by both, from 1984 to 2016.
How do Laos and Venezuela rank globally for military spending, per unit of gdp?: Laos ranks 167th 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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Laos 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/lao-pdr/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: 16 September 2026

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.