Military spending as a share of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Military spending as a share of GDP was 0.0% in 2019. ◆ Volatile
Latest (2019)
0.0%
Change on year
down 97.6%
World rank
172nd
of 172 countries
All-time high
2.5%
in 1849
All-time low
0.0%
in 2019
Years of data
179
1841–2019
Military spending as a share of GDP in Venezuela, Bolivarian Republic of, 1841–2019
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 0.0% for military spending as a share of gdp in 2019. That is the lowest value across all 179 years on record.
The figure is down 97.6% on the previous year and down 98.2% over ten years.
Over the whole period, military spending as a share of gdp in Venezuela, Bolivarian Republic of peaked at 2.5% in 1849 and was at its lowest, 0.0%, in 2019.
Venezuela, Bolivarian Republic of ranks 172nd of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending as a share of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1841 | 2.4% | — |
| 1842 | 2.2% | -7.7% |
| 1843 | 2.4% | +10.4% |
| 1844 | 2.4% | -2.5% |
| 1845 | 2.4% | +0.0% |
| 1846 | 2.4% | +2.1% |
| 1847 | 2.3% | -4.6% |
| 1848 | 2.5% | +7.9% |
| 1849 | 2.5% | +0.5% |
| 1850 | 2.2% | -12.8% |
| 1851 | 2.3% | +3.1% |
| 1852 | 2.2% | -2.0% |
| 1853 | 2.0% | -9.9% |
| 1854 | 1.9% | -4.7% |
| 1855 | 2.0% | +3.8% |
| 1856 | 2.0% | -0.2% |
| 1857 | 1.8% | -10.7% |
| 1858 | 1.8% | +4.8% |
| 1859 | 1.9% | +5.1% |
| 1860 | 1.9% | -3.0% |
| 1861 | 1.6% | -12.7% |
| 1862 | 1.6% | -4.6% |
| 1863 | 1.4% | -7.4% |
| 1864 | 1.4% | -5.4% |
| 1865 | 1.1% | -20.4% |
| 1866 | 1.0% | -3.5% |
| 1867 | 1.1% | +7.7% |
| 1868 | 1.1% | +0.4% |
| 1869 | 1.0% | -13.2% |
| 1870 | 0.9% | -8.8% |
| 1871 | 0.9% | -2.5% |
| 1872 | 0.9% | -2.0% |
| 1873 | 0.9% | +0.7% |
| 1874 | 0.8% | -7.4% |
| 1875 | 0.7% | -9.5% |
| 1876 | 0.7% | -5.1% |
| 1877 | 0.5% | -22.4% |
| 1878 | 0.5% | +1.4% |
| 1879 | 0.5% | -16.5% |
| 1880 | 0.4% | -19.4% |
| 1881 | 0.3% | -15.8% |
| 1882 | 0.3% | -10.1% |
| 1883 | 0.3% | +0.9% |
| 1884 | 0.3% | +8.4% |
| 1885 | 0.3% | +0.1% |
| 1886 | 0.3% | +3.3% |
| 1887 | 0.3% | +0.5% |
| 1888 | 0.3% | +0.9% |
| 1889 | 0.3% | +7.3% |
| 1890 | 0.4% | +8.9% |
| 1891 | 0.3% | -9.6% |
| 1892 | 0.4% | +13.5% |
| 1893 | 0.4% | -2.2% |
| 1894 | 0.4% | +9.9% |
| 1895 | 0.4% | +4.3% |
| 1896 | 0.4% | +3.4% |
| 1897 | 0.5% | +5.8% |
| 1898 | 0.5% | -0.7% |
| 1899 | 0.4% | -8.1% |
| 1900 | 0.5% | +6.5% |
| 1901 | 0.9% | +108.4% |
| 1902 | 1.2% | +23.2% |
| 1903 | 1.1% | -4.6% |
| 1904 | 1.0% | -7.6% |
| 1905 | 1.0% | -3.5% |
| 1906 | 0.9% | -9.5% |
| 1907 | 0.9% | -3.4% |
| 1908 | 0.8% | -8.0% |
| 1909 | 0.8% | +3.3% |
| 1910 | 0.7% | -13.1% |
| 1911 | 0.7% | -1.7% |
| 1912 | 0.7% | -0.0% |
| 1913 | 0.8% | +15.8% |
| 1914 | 0.6% | -21.3% |
| 1915 | 0.7% | +3.8% |
| 1916 | 0.6% | -7.9% |
| 1917 | 0.5% | -14.6% |
| 1918 | 0.5% | -4.6% |
| 1919 | 0.4% | -16.3% |
| 1920 | 0.3% | -16.6% |
| 1921 | 0.4% | +23.4% |
| 1922 | 0.4% | +1.2% |
| 1923 | 0.4% | -6.8% |
| 1924 | 0.4% | -0.8% |
| 1925 | 0.4% | +6.5% |
| 1926 | 0.4% | +4.9% |
| 1927 | 0.5% | +16.8% |
| 1928 | 0.6% | +22.9% |
| 1929 | 0.7% | +15.2% |
| 1930 | 0.7% | +0.3% |
| 1931 | 0.7% | -0.1% |
| 1932 | 0.8% | +6.5% |
| 1933 | 0.8% | -1.9% |
| 1934 | 1.1% | +38.3% |
| 1935 | 1.1% | +2.0% |
| 1936 | 1.0% | -8.3% |
| 1937 | 1.1% | +5.1% |
| 1938 | 1.1% | +4.7% |
| 1939 | 1.0% | -7.5% |
| 1940 | 1.0% | -2.2% |
| 1941 | 0.9% | -11.1% |
| 1942 | 0.8% | -6.0% |
| 1943 | 0.7% | -13.9% |
| 1944 | 0.7% | -3.2% |
| 1945 | 0.8% | +15.0% |
| 1946 | 0.7% | -11.6% |
| 1947 | 0.9% | +29.4% |
| 1948 | 0.9% | -2.6% |
| 1949 | 1.1% | +27.0% |
| 1950 | 1.1% | +0.8% |
| 1951 | 1.0% | -9.0% |
| 1952 | 1.1% | +5.3% |
| 1953 | 1.0% | -4.5% |
| 1954 | 1.0% | -4.8% |
| 1955 | 0.8% | -18.8% |
| 1956 | 0.9% | +7.8% |
| 1957 | 0.9% | +5.6% |
| 1958 | 1.0% | +7.5% |
| 1959 | 0.8% | -19.1% |
| 1960 | 0.7% | -16.5% |
| 1961 | 0.6% | -5.0% |
| 1962 | 0.6% | +1.5% |
| 1963 | 0.7% | +10.5% |
| 1964 | 0.7% | -2.1% |
| 1965 | 0.7% | -3.7% |
| 1966 | 0.7% | +3.3% |
| 1967 | 0.7% | +4.7% |
| 1968 | 0.7% | -3.9% |
| 1969 | 0.7% | -4.1% |
| 1970 | 0.7% | +1.6% |
| 1971 | 0.7% | +9.8% |
| 1972 | 0.7% | -1.0% |
| 1973 | 0.7% | -5.4% |
| 1974 | 0.7% | +6.3% |
| 1975 | 0.8% | +4.4% |
| 1976 | 0.7% | -11.8% |
| 1977 | 0.7% | -0.4% |
| 1978 | 0.7% | -3.5% |
| 1979 | 0.7% | +4.2% |
| 1980 | 0.7% | -0.1% |
| 1981 | 0.6% | -5.3% |
| 1982 | 0.6% | +0.4% |
| 1983 | 0.7% | +6.0% |
| 1984 | 0.6% | -8.8% |
| 1985 | 0.5% | -22.2% |
| 1986 | 0.5% | -2.4% |
| 1987 | 0.5% | +7.3% |
| 1988 | 0.4% | -13.1% |
| 1989 | 0.4% | -7.9% |
| 1990 | 0.4% | -3.0% |
| 1991 | 0.6% | +49.3% |
| 1992 | 0.5% | -20.0% |
| 1993 | 0.4% | -15.4% |
| 1994 | 0.3% | -30.5% |
| 1995 | 0.3% | -7.6% |
| 1996 | 0.2% | -9.8% |
| 1997 | 0.3% | +21.1% |
| 1998 | 0.3% | +2.4% |
| 1999 | 0.3% | +7.1% |
| 2000 | 0.3% | +3.0% |
| 2001 | 0.4% | +29.5% |
| 2002 | 0.4% | +3.6% |
| 2003 | 0.4% | -5.4% |
| 2004 | 0.4% | +2.4% |
| 2005 | 0.5% | +17.7% |
| 2006 | 0.5% | +0.3% |
| 2007 | 0.5% | +3.5% |
| 2008 | 0.5% | -3.0% |
| 2009 | 0.4% | -12.7% |
| 2010 | 0.4% | -10.7% |
| 2011 | 0.4% | -0.8% |
| 2012 | 0.6% | +61.0% |
| 2013 | 0.6% | -7.1% |
| 2014 | 0.5% | -3.7% |
| 2015 | 0.2% | -59.2% |
| 2016 | 0.3% | +27.8% |
| 2017 | 0.5% | +71.0% |
| 2018 | 0.3% | -34.8% |
| 2019 | 0.0% | -97.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1840s | 2.4% | 2.2% | 2.5% | 9 |
| 1850s | 2.0% | 1.8% | 2.3% | 10 |
| 1860s | 1.3% | 1.0% | 1.9% | 10 |
| 1870s | 0.7% | 0.5% | 0.9% | 10 |
| 1880s | 0.3% | 0.3% | 0.4% | 10 |
| 1890s | 0.4% | 0.3% | 0.5% | 10 |
| 1900s | 0.9% | 0.5% | 1.2% | 10 |
| 1910s | 0.6% | 0.4% | 0.8% | 10 |
| 1920s | 0.5% | 0.3% | 0.7% | 10 |
| 1930s | 0.9% | 0.7% | 1.1% | 10 |
| 1940s | 0.9% | 0.7% | 1.1% | 10 |
| 1950s | 1.0% | 0.8% | 1.1% | 10 |
| 1960s | 0.7% | 0.6% | 0.7% | 10 |
| 1970s | 0.7% | 0.7% | 0.8% | 10 |
| 1980s | 0.6% | 0.4% | 0.7% | 10 |
| 1990s | 0.4% | 0.2% | 0.6% | 10 |
| 2000s | 0.4% | 0.3% | 0.5% | 10 |
| 2010s | 0.4% | 0.0% | 0.6% | 10 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Manufacturing, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 0 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 0 current LCU per person (2011)
- Manufacturing, value added (constant LCU), per capita 229.58 constant LCU per person (2014)
- Industry (including construction), value added (current US$), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current US$), per 0 current US$ per US$ of GDP (2011)
- Industry (including construction), value added (current US$), per 0 current US$ per person (2011)
Frequently asked questions
- What is military spending as a share of gdp in Venezuela, Bolivarian Republic of?
- Military spending as a share of gdp in Venezuela, Bolivarian Republic of was 0.0% in 2019, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending as a share of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 2.5% in 1849.
- What is the lowest military spending as a share of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 2019.
- How does Venezuela, Bolivarian Republic of rank for military spending as a share of gdp?
- Venezuela, Bolivarian Republic of ranks 172nd out of 172 countries with data for 2019.
- Is military spending as a share of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 98.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 179 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Military spending measured as a percentage of gross domestic product (GDP).