Military spending per military personnel in Venezuela

Venezuela: Military spending per military personnel was 37.87 in 2022. ◆ Volatile

Latest (2022)
37.87
Change on year
up 12.4%
World rank
170th
of 170 countries
All-time high
335,467
in 1956
All-time low
33.69
in 2021
Years of data
166
1857–2022

Military spending per military personnel in Venezuela, 1857–2022

0100.0k200.0k300.0k185719392022

Source: Our World in Data.

Analysis

In 2022, military spending per military personnel in Venezuela stood at 37.87.

That represents a change of up 12.4% on the previous year and down 99.9% over ten years.

Over the whole period, military spending per military personnel in Venezuela peaked at 335,467 in 1956 and was at its lowest, 33.69, in 2021.

Venezuela ranks 170th of 170 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending per military personnel in Venezuela, year by year

Annual values for Military spending per military personnel in Venezuela, 1857 to 2022.
Year Value Change
1857 6,111 —
1858 6,482 +6.1%
1859 7,002 +8.0%
1860 6,892 -1.6%
1861 6,124 -11.1%
1862 5,701 -6.9%
1863 5,161 -9.5%
1864 4,763 -7.7%
1865 3,852 -19.1%
1866 3,646 -5.3%
1867 3,809 +4.4%
1868 7,773 +104.1%
1869 6,932 -10.8%
1870 6,544 -5.6%
1871 6,477 -1.0%
1872 6,643 +2.6%
1873 6,963 +4.8%
1874 3,326 -52.2%
1875 3,047 -8.4%
1876 6,042 +98.3%
1877 4,877 -19.3%
1878 2,139 -56.1%
1879 1,578 -26.2%
1880 1,531 -3.0%
1881 7,966 +420.3%
1882 7,314 -8.2%
1883 5,187 -29.1%
1884 5,708 +10.0%
1885 5,812 +1.8%
1886 6,152 +5.8%
1887 9,461 +53.8%
1888 9,832 +3.9%
1889 7,370 -25.0%
1890 12,251 +66.2%
1891 3,725 -69.6%
1892 4,881 +31.0%
1893 3,420 -29.9%
1894 3,721 +8.8%
1895 4,532 +21.8%
1896 6,945 +53.2%
1897 7,201 +3.7%
1898 6,964 -3.3%
1899 6,187 -11.1%
1900 6,463 +4.5%
1901 5,832 -9.8%
1902 7,227 +23.9%
1903 6,841 -5.3%
1904 7,272 +6.3%
1905 7,063 -2.9%
1906 5,106 -27.7%
1907 4,892 -4.2%
1908 4,579 -6.4%
1909 4,631 +1.1%
1910 4,072 -12.1%
1911 4,029 -1.1%
1912 4,210 +4.5%
1913 5,060 +20.2%
1914 4,162 -17.7%
1915 4,487 +7.8%
1916 4,170 -7.1%
1917 3,594 -13.8%
1918 3,462 -3.7%
1919 3,648 +5.4%
1920 2,416 -33.8%
1921 3,020 +25.0%
1922 3,179 +5.3%
1923 3,909 +23.0%
1924 4,612 +18.0%
1925 5,206 +12.9%
1926 5,833 +12.0%
1927 8,373 +43.5%
1928 11,070 +32.2%
1929 13,310 +20.2%
1930 13,837 +4.0%
1931 14,006 +1.2%
1932 14,887 +6.3%
1933 13,291 -10.7%
1934 20,122 +51.4%
1935 25,942 +28.9%
1936 25,716 -0.9%
1937 86,569 +236.6%
1938 32,117 -62.9%
1939 95,669 +197.9%
1940 98,742 +3.2%
1941 89,186 -9.7%
1942 85,185 -4.5%
1943 78,361 -8.0%
1944 83,655 +6.8%
1945 109,400 +30.8%
1946 109,356 -0.0%
1947 157,017 +43.6%
1948 172,209 +9.7%
1949 237,211 +37.7%
1950 133,088 -43.9%
1951 133,364 +0.2%
1952 305,545 +129.1%
1953 318,023 +4.1%
1954 325,086 +2.2%
1955 287,351 -11.6%
1956 335,467 +16.7%
1957 45,254 -86.5%
1958 48,680 +7.6%
1959 32,442 -33.4%
1960 28,994 -10.6%
1961 31,787 +9.6%
1962 31,618 -0.5%
1963 24,528 -22.4%
1964 25,457 +3.8%
1965 18,005 -29.3%
1966 24,028 +33.4%
1967 26,021 +8.3%
1968 26,261 +0.9%
1969 26,806 +2.1%
1970 25,562 -4.6%
1971 28,891 +13.0%
1972 30,109 +4.2%
1973 27,725 -7.9%
1974 31,766 +14.6%
1975 31,622 -0.5%
1976 29,857 -5.6%
1977 30,809 +3.2%
1978 30,340 -1.5%
1979 32,780 +8.0%
1980 32,590 -0.6%
1981 31,175 -4.3%
1982 30,132 -3.3%
1983 31,046 +3.0%
1984 24,364 -21.5%
1985 16,930 -30.5%
1986 16,749 -1.1%
1987 18,587 +11.0%
1988 15,493 -16.6%
1989 13,792 -11.0%
1990 13,719 -0.5%
1991 22,110 +61.2%
1992 17,899 -19.0%
1993 15,271 -14.7%
1994 10,544 -31.0%
1995 9,994 -5.2%
1996 9,194 -8.0%
1997 11,259 +22.5%
1998 11,648 +3.5%
1999 12,554 +7.8%
2000 17,826 +42.0%
2001 15,895 -10.8%
2002 15,903 +0.0%
2003 15,230 -4.2%
2004 17,485 +14.8%
2005 23,160 +32.5%
2006 26,205 +13.1%
2007 29,592 +12.9%
2008 22,196 -25.0%
2009 19,746 -11.0%
2010 18,180 -7.9%
2011 18,964 +4.3%
2012 30,580 +61.3%
2013 28,262 -7.6%
2014 24,216 -14.3%
2015 7,501 -69.0%
2016 6,549 -12.7%
2017 6,507 -0.6%
2018 2,810 -56.8%
2019 48.38 -98.3%
2020 39.76 -17.8%
2021 33.69 -15.3%
2022 37.87 +12.4%

Venezuela compared with similar countries

  • Venezuela's 37.87 is below the median for lower middle income countries, which is 19,992, 0% of the median. (42 countries reporting)
  • Venezuela's 37.87 is below the median for Latin America & Caribbean, which is 32,933, 0% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending per military personnel 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.

YearChange FromTo
1881 +420.3% 1,531 7,966
1937 +236.6% 25,716 86,569
1939 +197.9% 32,117 95,669
1952 +129.1% 133,364 305,545
1868 +104.1% 3,809 7,773
1876 +98.3% 3,047 6,042

Averages by decade

DecadeAverage LowestHighest Years
1850s 6,531 6,111 7,002 3
1860s 5,465 3,646 7,773 10
1870s 4,764 1,578 6,963 10
1880s 6,633 1,531 9,832 10
1890s 5,983 3,420 12,251 10
1900s 5,991 4,579 7,272 10
1910s 4,089 3,462 5,060 10
1920s 6,093 2,416 13,310 10
1930s 34,215 13,291 95,669 10
1940s 122,032 78,361 237,211 10
1950s 196,430 32,442 335,467 10
1960s 26,350 18,005 31,787 10
1970s 29,946 25,562 32,780 10
1980s 23,086 13,792 32,590 10
1990s 13,419 9,194 22,110 10
2000s 20,324 15,230 29,592 10
2010s 14,362 48.38 30,580 10
2020s 37.1 33.69 39.76 3

Countries ranked near Venezuela

  1. 167 North Korea 1,224 compare
  2. 168 Laos 912.27 compare
  3. 169 Eritrea 477.57 compare

See the full ranking of 170 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is military spending per military personnel in Venezuela?
Military spending per military personnel in Venezuela was 37.87 in 2022, according to Our World in Data.
What is the highest military spending per military personnel recorded in Venezuela?
The highest recorded value was 335,467 in 1956.
What is the lowest military spending per military personnel recorded in Venezuela?
The lowest recorded value was 33.69 in 2021.
How does Venezuela rank for military spending per military personnel?
Venezuela ranks 170th out of 170 countries with data for 2022.
Is military spending per military personnel 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 per military personnel. Statizoid updates them automatically from the source API.

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Military spending per military personnel in Venezuela. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/venezuela-rb/

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About this data

Indicator
Military spending per military personnel
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
Last refreshed