Venezuela - Military Expenditure

Since 2013, Venezuela Military Expenditure decreased by 55.3% year on year. At $110,411,964.55 in 2018, the country was number 128 comparing other countries in Military Expenditure. Venezuela is overtaken by Tajikistan, which was number 127 at $111,605,950.43 and is followed by Mongolia at $99,729,483.17. United States lead the ranking with $731,751,400,000 in 2019, that is a growth of 7.2% versus 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.

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Date US Dollars
2018 110,411,964.55
2017 464,821,762.58
2016 218,154,892.93
2015 320,539,157.96
2014 1,554,727,108.24
Download all data from 1960 to 2018

How does Venezuela rank in Military Expenditure?

# 156 Countries US Dollars Last YoY 5‑years CAGR
1 #1
United States
731,751,400,000.00 2019 +7.2 % +2.5 % View data
2 #2
China
261,081,940,426.67 2019 +3.0 % +5.4 % View data
127 #127
Tajikistan
111,605,950.43 2019 +3.0 % +1.4 % View data
128 #128
Venezuela
110,411,964.55 2018 -76.3 % -55.3 % View data
129 #129
Mongolia
99,729,483.17 2019 +3.8 % -1.1 % View data
Compare all 156 countries

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