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Venezuela, RB · Military expenditure

Venezuela, RB Military expenditure

The World Bank — World Development Indicators (CC BY 4.0) · updated 2017-12-31

Latest · 20172.23%
Previous · 20160.454%
Highest · 19603.06%
Lowest · 20160.454%

Venezuela, RB's military expenditure stands at 2.23% as of 2017-12-31, up from 0.454% in 2016. Historical data runs from 1960 to 2017 (58 observations).

Recent trend

In 2017, Venezuela, RB's military expenditure was 2.23%, up from 0.454% in 2016.

In 2016, Venezuela, RB's military expenditure was 0.454%, down from 0.9414% in 2015.

In 2015, Venezuela, RB's military expenditure was 0.9414%, down from 1.16% in 2014.

In 2014, Venezuela, RB's military expenditure was 1.16%, down from 1.67% in 2013.

In 2013, Venezuela, RB's military expenditure was 1.67%, up from 1.34% in 2012.

Venezuela, RB Military expenditure — historical data

YearValueChange
20172.23%+1.78%
20160.454%-0.4873%
20150.9414%-0.2204%
20141.16%-0.5077%
20131.67%+0.3281%
20121.34%+0.2111%
20111.13%+0.1169%
20101.01%-0.2176%
20091.23%-0.5625%
20081.79%-0.0954%
20071.89%-0.0895%
20061.98%+0.1468%
20051.83%+0.5434%
20041.29%+0.1056%
20031.18%+0.0293%
20021.15%-0.4017%
20011.56%+0.0285%
20001.53%+0.0894%
19991.44%-0.1514%
19981.59%-0.2067%
19971.8%+0.7558%
19961.04%-0.5096%
19951.55%-0.0417%
19941.59%-0.5545%
19932.15%+0.5018%
19921.64%-0.1969%
19911.84%+0.3223%
19901.52%-1.28%
19892.79%+0.9775%
19881.82%+0.1824%
19871.63%-0.0163%
19861.65%+0.2804%
19851.37%-0.9224%
19842.29%-0.6787%
19832.97%+0.722%
19822.25%+0.7271%
19811.52%-0.1738%
19801.7%-0.2203%
19791.92%-0.1899%
19782.11%+0.0378%
19772.07%+0.1805%
19761.89%-0.7035%
19752.59%+0.2833%
19742.31%-0.1632%
19732.47%-0.3583%
19722.83%+0.1299%
19712.7%+0.4054%
19702.29%-0.2049%
19692.5%-0.1785%
19682.68%-0.1811%
19672.86%+0.2016%
19662.66%+0.0204%
19652.64%+0.1897%
19642.45%-0.1069%
19632.55%+0.2407%
19622.31%+0.8907%
19611.42%-1.64%
19603.06%—

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is Venezuela, RB's military expenditure?

Venezuela, RB's military expenditure is 2.23% as of 2017-12-31, compared with 0.454% in 2016. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest military expenditure in Venezuela, RB?

The highest recorded value is 3.06% (1960); the lowest is 0.454% (2016), across data from 1960 to 2017.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.