Military spending gmsd in Venezuela
Venezuela: Military spending gmsd was 4.83 million in 2023. ◆ Volatile
Latest (2023)
4.83 million
Change on year
up 3.6%
World rank
172nd
of 172 countries
All-time high
3.52 billion
in 2012
All-time low
4.14 million
in 2021
Years of data
183
1841–2023
Military spending gmsd in Venezuela, 1841–2023
Source: Our World in Data.
Analysis
In 2023, military spending gmsd in Venezuela stood at 4.83 million.
The figure is up 3.6% on the previous year and down 99.9% over ten years.
Over the whole period, military spending gmsd in Venezuela peaked at 3.52 billion in 2012 and was at its lowest, 4.14 million, in 2021.
That places Venezuela 172nd out of 172 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending gmsd in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1841 | 61.24 million | — |
| 1842 | 59.18 million | -3.4% |
| 1843 | 65.29 million | +10.3% |
| 1844 | 65.04 million | -0.4% |
| 1845 | 66.75 million | +2.6% |
| 1846 | 70.03 million | +4.9% |
| 1847 | 66.27 million | -5.4% |
| 1848 | 72.04 million | +8.7% |
| 1849 | 73.54 million | +2.1% |
| 1850 | 68.14 million | -7.3% |
| 1851 | 71.56 million | +5.0% |
| 1852 | 74.20 million | +3.7% |
| 1853 | 69.25 million | -6.7% |
| 1854 | 67.33 million | -2.8% |
| 1855 | 71.79 million | +6.6% |
| 1856 | 66.10 million | -7.9% |
| 1857 | 61.11 million | -7.6% |
| 1858 | 64.82 million | +6.1% |
| 1859 | 70.02 million | +8.0% |
| 1860 | 68.92 million | -1.6% |
| 1861 | 61.24 million | -11.1% |
| 1862 | 57.01 million | -6.9% |
| 1863 | 51.61 million | -9.5% |
| 1864 | 47.63 million | -7.7% |
| 1865 | 38.52 million | -19.1% |
| 1866 | 36.46 million | -5.3% |
| 1867 | 38.09 million | +4.4% |
| 1868 | 38.87 million | +2.0% |
| 1869 | 34.66 million | -10.8% |
| 1870 | 32.72 million | -5.6% |
| 1871 | 32.38 million | -1.0% |
| 1872 | 33.22 million | +2.6% |
| 1873 | 34.82 million | +4.8% |
| 1874 | 33.26 million | -4.5% |
| 1875 | 30.47 million | -8.4% |
| 1876 | 30.21 million | -0.9% |
| 1877 | 24.39 million | -19.3% |
| 1878 | 25.67 million | +5.2% |
| 1879 | 22.09 million | -13.9% |
| 1880 | 18.37 million | -16.8% |
| 1881 | 15.93 million | -13.3% |
| 1882 | 14.63 million | -8.2% |
| 1883 | 15.56 million | +6.4% |
| 1884 | 17.12 million | +10.0% |
| 1885 | 17.44 million | +1.8% |
| 1886 | 18.46 million | +5.8% |
| 1887 | 18.92 million | +2.5% |
| 1888 | 19.66 million | +3.9% |
| 1889 | 22.11 million | +12.4% |
| 1890 | 24.50 million | +10.8% |
| 1891 | 22.35 million | -8.8% |
| 1892 | 24.40 million | +9.2% |
| 1893 | 23.94 million | -1.9% |
| 1894 | 26.05 million | +8.8% |
| 1895 | 27.19 million | +4.4% |
| 1896 | 27.78 million | +2.2% |
| 1897 | 28.80 million | +3.7% |
| 1898 | 27.85 million | -3.3% |
| 1899 | 24.75 million | -11.1% |
| 1900 | 25.85 million | +4.5% |
| 1901 | 52.48 million | +103.0% |
| 1902 | 65.04 million | +23.9% |
| 1903 | 61.57 million | -5.3% |
| 1904 | 58.18 million | -5.5% |
| 1905 | 56.50 million | -2.9% |
| 1906 | 51.06 million | -9.6% |
| 1907 | 48.92 million | -4.2% |
| 1908 | 45.79 million | -6.4% |
| 1909 | 46.31 million | +1.1% |
| 1910 | 40.72 million | -12.1% |
| 1911 | 40.29 million | -1.1% |
| 1912 | 42.10 million | +4.5% |
| 1913 | 50.60 million | +20.2% |
| 1914 | 41.62 million | -17.7% |
| 1915 | 44.87 million | +7.8% |
| 1916 | 41.70 million | -7.1% |
| 1917 | 35.94 million | -13.8% |
| 1918 | 34.62 million | -3.7% |
| 1919 | 29.19 million | -15.7% |
| 1920 | 24.16 million | -17.2% |
| 1921 | 30.20 million | +25.0% |
| 1922 | 31.79 million | +5.3% |
| 1923 | 31.27 million | -1.6% |
| 1924 | 32.29 million | +3.2% |
| 1925 | 36.44 million | +12.9% |
| 1926 | 40.83 million | +12.0% |
| 1927 | 50.24 million | +23.0% |
| 1928 | 66.42 million | +32.2% |
| 1929 | 79.86 million | +20.2% |
| 1930 | 83.02 million | +4.0% |
| 1931 | 84.03 million | +1.2% |
| 1932 | 89.32 million | +6.3% |
| 1933 | 93.04 million | +4.2% |
| 1934 | 140.85 million | +51.4% |
| 1935 | 155.65 million | +10.5% |
| 1936 | 154.30 million | -0.9% |
| 1937 | 173.14 million | +12.2% |
| 1938 | 192.70 million | +11.3% |
| 1939 | 191.34 million | -0.7% |
| 1940 | 197.48 million | +3.2% |
| 1941 | 178.37 million | -9.7% |
| 1942 | 170.37 million | -4.5% |
| 1943 | 156.72 million | -8.0% |
| 1944 | 167.31 million | +6.8% |
| 1945 | 218.80 million | +30.8% |
| 1946 | 218.71 million | -0.0% |
| 1947 | 314.03 million | +43.6% |
| 1948 | 344.42 million | +9.7% |
| 1949 | 474.42 million | +37.7% |
| 1950 | 532.35 million | +12.2% |
| 1951 | 533.46 million | +0.2% |
| 1952 | 611.09 million | +14.6% |
| 1953 | 636.05 million | +4.1% |
| 1954 | 650.17 million | +2.2% |
| 1955 | 574.70 million | -11.6% |
| 1956 | 670.93 million | +16.7% |
| 1957 | 769.32 million | +14.7% |
| 1958 | 876.25 million | +13.9% |
| 1959 | 746.18 million | -14.8% |
| 1960 | 666.85 million | -10.6% |
| 1961 | 667.52 million | +0.1% |
| 1962 | 727.21 million | +8.9% |
| 1963 | 858.48 million | +18.1% |
| 1964 | 890.98 million | +3.8% |
| 1965 | 900.26 million | +1.0% |
| 1966 | 961.11 million | +6.8% |
| 1967 | 1.04 billion | +8.3% |
| 1968 | 1.05 billion | +0.9% |
| 1969 | 1.07 billion | +2.1% |
| 1970 | 1.15 billion | +7.3% |
| 1971 | 1.30 billion | +13.0% |
| 1972 | 1.35 billion | +4.2% |
| 1973 | 1.39 billion | +2.3% |
| 1974 | 1.59 billion | +14.6% |
| 1975 | 1.74 billion | +9.5% |
| 1976 | 1.64 billion | -5.6% |
| 1977 | 1.69 billion | +3.2% |
| 1978 | 1.67 billion | -1.5% |
| 1979 | 1.80 billion | +8.0% |
| 1980 | 1.79 billion | -0.6% |
| 1981 | 1.71 billion | -4.3% |
| 1982 | 1.69 billion | -1.6% |
| 1983 | 1.74 billion | +3.0% |
| 1984 | 1.56 billion | -10.3% |
| 1985 | 1.20 billion | -22.9% |
| 1986 | 1.19 billion | -1.1% |
| 1987 | 1.28 billion | +7.8% |
| 1988 | 1.13 billion | -11.8% |
| 1989 | 1.03 billion | -8.5% |
| 1990 | 1.03 billion | -0.5% |
| 1991 | 1.61 billion | +56.9% |
| 1992 | 1.34 billion | -16.8% |
| 1993 | 1.15 billion | -14.7% |
| 1994 | 790.80 million | -31.0% |
| 1995 | 749.58 million | -5.2% |
| 1996 | 689.53 million | -8.0% |
| 1997 | 844.40 million | +22.5% |
| 1998 | 873.61 million | +3.5% |
| 1999 | 941.55 million | +7.8% |
| 2000 | 998.28 million | +6.0% |
| 2001 | 1.30 billion | +30.6% |
| 2002 | 1.30 billion | +0.0% |
| 2003 | 1.25 billion | -4.2% |
| 2004 | 1.43 billion | +14.8% |
| 2005 | 1.90 billion | +32.5% |
| 2006 | 2.15 billion | +13.1% |
| 2007 | 2.43 billion | +12.9% |
| 2008 | 2.55 billion | +5.2% |
| 2009 | 2.27 billion | -11.0% |
| 2010 | 2.09 billion | -7.9% |
| 2011 | 2.18 billion | +4.3% |
| 2012 | 3.52 billion | +61.3% |
| 2013 | 3.25 billion | -7.6% |
| 2014 | 2.78 billion | -14.3% |
| 2015 | 862.60 million | -69.0% |
| 2016 | 753.19 million | -12.7% |
| 2017 | 748.34 million | -0.6% |
| 2018 | 345.69 million | -53.8% |
| 2019 | 5.95 million | -98.3% |
| 2020 | 4.89 million | -17.8% |
| 2021 | 4.14 million | -15.3% |
| 2022 | 4.66 million | +12.4% |
| 2023 | 4.83 million | +3.6% |
Venezuela compared with similar countries
- Venezuela's 4.83 million is below the median for lower middle income countries, which is 485.52 million, 1% of the median. (42 countries reporting)
- Venezuela's 4.83 million is below the median for Latin America & Caribbean, which is 509.92 million, 1% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending gmsd in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1901 | +103.0% | 25.85 million | 52.48 million |
| 2019 | -98.3% | 345.69 million | 5.95 million |
| 2015 | -69.0% | 2.78 billion | 862.60 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1840s | 66.60 million | 59.18 million | 73.54 million | 9 |
| 1850s | 68.43 million | 61.11 million | 74.20 million | 10 |
| 1860s | 47.30 million | 34.66 million | 68.92 million | 10 |
| 1870s | 29.92 million | 22.09 million | 34.82 million | 10 |
| 1880s | 17.82 million | 14.63 million | 22.11 million | 10 |
| 1890s | 25.76 million | 22.35 million | 28.80 million | 10 |
| 1900s | 51.17 million | 25.85 million | 65.04 million | 10 |
| 1910s | 40.16 million | 29.19 million | 50.60 million | 10 |
| 1920s | 42.35 million | 24.16 million | 79.86 million | 10 |
| 1930s | 135.74 million | 83.02 million | 192.70 million | 10 |
| 1940s | 244.06 million | 156.72 million | 474.42 million | 10 |
| 1950s | 660.05 million | 532.35 million | 876.25 million | 10 |
| 1960s | 883.59 million | 666.85 million | 1.07 billion | 10 |
| 1970s | 1.53 billion | 1.15 billion | 1.80 billion | 10 |
| 1980s | 1.43 billion | 1.03 billion | 1.79 billion | 10 |
| 1990s | 1.00 billion | 689.53 million | 1.61 billion | 10 |
| 2000s | 1.76 billion | 998.28 million | 2.55 billion | 10 |
| 2010s | 1.65 billion | 5.95 million | 3.52 billion | 10 |
| 2020s | 4.63 million | 4.14 million | 4.89 million | 4 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 1,173 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 43,034 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 41.9 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.1023 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 110.44 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 39,390 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 1,537 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is military spending gmsd in Venezuela?
- Military spending gmsd in Venezuela was 4.83 million in 2023, according to Our World in Data.
- What is the highest military spending gmsd recorded in Venezuela?
- The highest recorded value was 3.52 billion in 2012.
- What is the lowest military spending gmsd recorded in Venezuela?
- The lowest recorded value was 4.14 million in 2021.
- How does Venezuela rank for military spending gmsd?
- Venezuela ranks 172nd out of 172 countries with data for 2023.
- Is military spending gmsd rising or falling in Venezuela?
- Over the last ten years it is down 99.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 183 observations, free to reuse under CC BY 4.0 (Our World in Data).