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Lao People's Democratic Republic vs Venezuela, Bolivarian Republic of: Military spending as a share of GDP

Lao People's Democratic Republic
0.2%
in 2016
Venezuela, Bolivarian Republic of
0.0%
in 2019
Lao People's Democratic Republic rank
169th
Venezuela, Bolivarian Republic of rank
172nd

Military spending as a share of GDP over time

  • Lao People's Democratic Republic
  • Venezuela, Bolivarian Republic of
051015184119302019

How they compare

Lao People's Democratic Republic currently reports 0.2% against 0.0% in Venezuela, Bolivarian Republic of, a difference of 0.2%.

That makes Lao People's Democratic Republic's figure about 22.8 times Venezuela, Bolivarian Republic of's.

The two have swapped places 2 times across 63 shared years of data; in 1954 it was Venezuela, Bolivarian Republic of ahead.

Lao People's Democratic Republic ranks 169th and Venezuela, Bolivarian Republic of ranks 172nd of 172 countries.

Across the 7 decades both report, Lao People's Democratic Republic averaged higher in 4 and Venezuela, Bolivarian Republic of in 3.

Head to head by decade

Decade Lao People's Democratic Republic Venezuela, Bolivarian Republic of Difference Ahead
1950s 0.2% 0.9% 0.7% Venezuela, Bolivarian Republic of
1960s 13.5% 0.7% 12.8% Lao People's Democratic Republic
1970s 7.1% 0.7% 6.4% Lao People's Democratic Republic
1980s 4.3% 0.6% 3.7% Lao People's Democratic Republic
1990s 3.7% 0.4% 3.3% Lao People's Democratic Republic
2000s 0.3% 0.4% 0.1% Venezuela, Bolivarian Republic of
2010s 0.2% 0.4% 0.2% Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Lao People's Democratic Republic or Venezuela, Bolivarian Republic of?
Lao People's Democratic Republic, at 0.2% against 0.0% in Venezuela, Bolivarian Republic of as of 2016.
What is the difference in military spending as a share of gdp between Lao People's Democratic Republic and Venezuela, Bolivarian Republic of?
0.2%, with Lao People's Democratic Republic ahead.
How many years of comparable data are there for Lao People's Democratic Republic and Venezuela, Bolivarian Republic of?
63 years are reported by both, from 1954 to 2016.
How do Lao People's Democratic Republic and Venezuela, Bolivarian Republic of rank globally for military spending as a share of gdp?
Lao People's Democratic Republic ranks 169th and Venezuela, Bolivarian Republic of ranks 172nd of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Lao People's Democratic Republic vs Venezuela, Bolivarian Republic of: Military spending as a share of GDP. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/lao-pdr/venezuela-rb/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 14,793 data points, 1816–2019
Last refreshed

Military spending measured as a percentage of gross domestic product (GDP).