Venezuela, Bolivarian Republic of vs Viet Nam: Military spending as a share of GDP

Venezuela, Bolivarian Republic of
2.2%
in 2017
Viet Nam
2.2%
in 2025
Venezuela, Bolivarian Republic of rank
60th
Viet Nam rank
62nd

Military spending as a share of GDP over time

  • Venezuela, Bolivarian Republic of
  • Viet Nam
02468195519902025

How they compare

Venezuela, Bolivarian Republic of currently reports 2.2% against 2.2% in Viet Nam, a difference of 0.0%.

The two have swapped places 2 times across 23 shared years of data; in 1987 it was Viet Nam ahead.

Venezuela, Bolivarian Republic of ranks 60th and Viet Nam ranks 62nd of 166 countries.

Viet Nam has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Venezuela, Bolivarian Republic of Viet Nam Difference Ahead
1980s 2.1% 6.1% 4.0% Viet Nam
1990s 1.7% 4.4% 2.6% Viet Nam
2000s 1.6% 2.1% 0.5% Viet Nam
2010s 1.2% 2.3% 1.0% Viet Nam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Venezuela, Bolivarian Republic of or Viet Nam?
Venezuela, Bolivarian Republic of, at 2.2% against 2.2% in Viet Nam as of 2017.
What is the difference in military spending as a share of gdp between Venezuela, Bolivarian Republic of and Viet Nam?
0.0%, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Venezuela, Bolivarian Republic of and Viet Nam?
23 years are reported by both, from 1987 to 2017.
How do Venezuela, Bolivarian Republic of and Viet Nam rank globally for military spending as a share of gdp?
Venezuela, Bolivarian Republic of ranks 60th and Viet Nam ranks 62nd of 166 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – 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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Venezuela, Bolivarian Republic of vs Viet Nam: Military spending as a share of GDP. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-sipri/venezuela-rb/viet-nam/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 8,523 data points, 1949–2025
Last refreshed

Total military expenditure divided by gross domestic product, expressed as a percentage.