{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela, Bolivarian Republic of","slug":"venezuela-rb"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-as-a-share-of-gdp-gmsd","source":"Barnum et al. - Global Military Spending Dataset (2025) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-as-a-share-of-gdp-gmsd","title":"Military spending as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1841-01-01","value":2.3839},{"date":"1842-01-01","value":2.20065},{"date":"1843-01-01","value":2.42882},{"date":"1844-01-01","value":2.36854},{"date":"1845-01-01","value":2.36936},{"date":"1846-01-01","value":2.41985},{"date":"1847-01-01","value":2.30738},{"date":"1848-01-01","value":2.48966},{"date":"1849-01-01","value":2.50238},{"date":"1850-01-01","value":2.18326},{"date":"1851-01-01","value":2.25057},{"date":"1852-01-01","value":2.20528},{"date":"1853-01-01","value":1.9877},{"date":"1854-01-01","value":1.89447},{"date":"1855-01-01","value":1.96714},{"date":"1856-01-01","value":1.96304},{"date":"1857-01-01","value":1.75299},{"date":"1858-01-01","value":1.83761},{"date":"1859-01-01","value":1.93082},{"date":"1860-01-01","value":1.87224},{"date":"1861-01-01","value":1.63372},{"date":"1862-01-01","value":1.55931},{"date":"1863-01-01","value":1.44406},{"date":"1864-01-01","value":1.36571},{"date":"1865-01-01","value":1.08723},{"date":"1866-01-01","value":1.0487},{"date":"1867-01-01","value":1.129},{"date":"1868-01-01","value":1.13316},{"date":"1869-01-01","value":0.98305},{"date":"1870-01-01","value":0.896479},{"date":"1871-01-01","value":0.874394},{"date":"1872-01-01","value":0.856614},{"date":"1873-01-01","value":0.862198},{"date":"1874-01-01","value":0.79819},{"date":"1875-01-01","value":0.722366},{"date":"1876-01-01","value":0.685287},{"date":"1877-01-01","value":0.531544},{"date":"1878-01-01","value":0.539001},{"date":"1879-01-01","value":0.450192},{"date":"1880-01-01","value":0.362852},{"date":"1881-01-01","value":0.305652},{"date":"1882-01-01","value":0.274924},{"date":"1883-01-01","value":0.277526},{"date":"1884-01-01","value":0.300799},{"date":"1885-01-01","value":0.301077},{"date":"1886-01-01","value":0.311132},{"date":"1887-01-01","value":0.312749},{"date":"1888-01-01","value":0.315482},{"date":"1889-01-01","value":0.338505},{"date":"1890-01-01","value":0.368686},{"date":"1891-01-01","value":0.333212},{"date":"1892-01-01","value":0.378034},{"date":"1893-01-01","value":0.369694},{"date":"1894-01-01","value":0.406418},{"date":"1895-01-01","value":0.424081},{"date":"1896-01-01","value":0.438672},{"date":"1897-01-01","value":0.463931},{"date":"1898-01-01","value":0.460719},{"date":"1899-01-01","value":0.423561},{"date":"1900-01-01","value":0.451012},{"date":"1901-01-01","value":0.939839},{"date":"1902-01-01","value":1.15763},{"date":"1903-01-01","value":1.10417},{"date":"1904-01-01","value":1.02042},{"date":"1905-01-01","value":0.984725},{"date":"1906-01-01","value":0.890902},{"date":"1907-01-01","value":0.861012},{"date":"1908-01-01","value":0.791939},{"date":"1909-01-01","value":0.818079},{"date":"1910-01-01","value":0.710854},{"date":"1911-01-01","value":0.698834},{"date":"1912-01-01","value":0.698774},{"date":"1913-01-01","value":0.809198},{"date":"1914-01-01","value":0.636886},{"date":"1915-01-01","value":0.661035},{"date":"1916-01-01","value":0.608753},{"date":"1917-01-01","value":0.519688},{"date":"1918-01-01","value":0.495687},{"date":"1919-01-01","value":0.41494},{"date":"1920-01-01","value":0.346235},{"date":"1921-01-01","value":0.427148},{"date":"1922-01-01","value":0.43223},{"date":"1923-01-01","value":0.402628},{"date":"1924-01-01","value":0.399268},{"date":"1925-01-01","value":0.425342},{"date":"1926-01-01","value":0.445986},{"date":"1927-01-01","value":0.52086},{"date":"1928-01-01","value":0.640294},{"date":"1929-01-01","value":0.737783},{"date":"1930-01-01","value":0.739636},{"date":"1931-01-01","value":0.738869},{"date":"1932-01-01","value":0.786833},{"date":"1933-01-01","value":0.772101},{"date":"1934-01-01","value":1.06814},{"date":"1935-01-01","value":1.08987},{"date":"1936-01-01","value":0.999921},{"date":"1937-01-01","value":1.05084},{"date":"1938-01-01","value":1.10059},{"date":"1939-01-01","value":1.01857},{"date":"1940-01-01","value":0.996534},{"date":"1941-01-01","value":0.885728},{"date":"1942-01-01","value":0.832754},{"date":"1943-01-01","value":0.716675},{"date":"1944-01-01","value":0.693888},{"date":"1945-01-01","value":0.79783},{"date":"1946-01-01","value":0.705017},{"date":"1947-01-01","value":0.912529},{"date":"1948-01-01","value":0.888664},{"date":"1949-01-01","value":1.12884},{"date":"1950-01-01","value":1.13744},{"date":"1951-01-01","value":1.03528},{"date":"1952-01-01","value":1.09046},{"date":"1953-01-01","value":1.04184},{"date":"1954-01-01","value":0.992114},{"date":"1955-01-01","value":0.806038},{"date":"1956-01-01","value":0.868851},{"date":"1957-01-01","value":0.917645},{"date":"1958-01-01","value":0.986116},{"date":"1959-01-01","value":0.79773},{"date":"1960-01-01","value":0.666315},{"date":"1961-01-01","value":0.632846},{"date":"1962-01-01","value":0.642568},{"date":"1963-01-01","value":0.710119},{"date":"1964-01-01","value":0.695396},{"date":"1965-01-01","value":0.669448},{"date":"1966-01-01","value":0.691504},{"date":"1967-01-01","value":0.724091},{"date":"1968-01-01","value":0.69571},{"date":"1969-01-01","value":0.666856},{"date":"1970-01-01","value":0.677836},{"date":"1971-01-01","value":0.743939},{"date":"1972-01-01","value":0.736275},{"date":"1973-01-01","value":0.696264},{"date":"1974-01-01","value":0.740241},{"date":"1975-01-01","value":0.773058},{"date":"1976-01-01","value":0.681759},{"date":"1977-01-01","value":0.679073},{"date":"1978-01-01","value":0.65531},{"date":"1979-01-01","value":0.682625},{"date":"1980-01-01","value":0.681931},{"date":"1981-01-01","value":0.645983},{"date":"1982-01-01","value":0.64874},{"date":"1983-01-01","value":0.687981},{"date":"1984-01-01","value":0.627517},{"date":"1985-01-01","value":0.488357},{"date":"1986-01-01","value":0.476407},{"date":"1987-01-01","value":0.511119},{"date":"1988-01-01","value":0.444199},{"date":"1989-01-01","value":0.409184},{"date":"1990-01-01","value":0.396884},{"date":"1991-01-01","value":0.592604},{"date":"1992-01-01","value":0.474177},{"date":"1993-01-01","value":0.401354},{"date":"1994-01-01","value":0.278821},{"date":"1995-01-01","value":0.257553},{"date":"1996-01-01","value":0.232248},{"date":"1997-01-01","value":0.281182},{"date":"1998-01-01","value":0.287929},{"date":"1999-01-01","value":0.308513},{"date":"2000-01-01","value":0.317788},{"date":"2001-01-01","value":0.411671},{"date":"2002-01-01","value":0.426416},{"date":"2003-01-01","value":0.403478},{"date":"2004-01-01","value":0.41299},{"date":"2005-01-01","value":0.486201},{"date":"2006-01-01","value":0.487866},{"date":"2007-01-01","value":0.504905},{"date":"2008-01-01","value":0.48962},{"date":"2009-01-01","value":0.427422},{"date":"2010-01-01","value":0.381717},{"date":"2011-01-01","value":0.37875},{"date":"2012-01-01","value":0.609798},{"date":"2013-01-01","value":0.566586},{"date":"2014-01-01","value":0.54556},{"date":"2015-01-01","value":0.222571},{"date":"2016-01-01","value":0.284335},{"date":"2017-01-01","value":0.486173},{"date":"2018-01-01","value":0.317008},{"date":"2019-01-01","value":0.00754327}],"summary":{"latest_period":"2019-01-01","latest_value":0.00754327,"max":2.50238,"mean":0.826231,"min":0.00754327,"of":172,"rank":172,"trend":"volatile"}}
