Venezuela, RB—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #154 of 156Updated May 2026
Latest Value
$0
2024
YoY Change
-100.0%
2023 → 2024
Global Rank
#154
of 156 countries
Maximum
$6.20B
2013
Minimum
$0
2024
Last
$0
Previous
$3.9M
Highest
$6.20B
Lowest
$0
Source
World Bank World Development Indicators
Venezuela, RB's military expenditure (usd) was $0 in 2024, ranking #154 out of 156 countries. This represents a -100.0% change from 2023. Over the past 25 years, the highest recorded value was $6.20B (2013) and the lowest was $0 (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $0 | -100.0% |
| 2023 | $3.9M | -15.3% |
| 2022 | $4.6M | +128.5% |
| 2021 | $2.0M | -21.9% |
| 2020 | $2.6M | -37.0% |
| 2019 | $4.1M | -99.5% |
| 2018 | $763.6M | -64.1% |
| 2017 | $2.13B | +875.4% |
| 2016 | $218.2M | -31.9% |
| 2015 | $320.5M | -79.4% |
| 2014 | $1.55B | -74.9% |
| 2013 | $6.20B | +21.2% |
| 2012 | $5.11B | +43.0% |
| 2011 | $3.58B | -10.4% |
| 2010 | $3.99B | -1.6% |
| 2009 | $4.06B | -28.4% |
| 2008 | $5.66B | +30.1% |
| 2007 | $4.35B | +19.9% |
| 2006 | $3.63B | +36.2% |
| 2005 | $2.67B | +84.0% |
| 2004 | $1.45B | +46.6% |
| 2003 | $987.9M | -7.8% |
| 2002 | $1.07B | -43.9% |
| 2001 | $1.91B | +6.9% |
| 2000 | $1.79B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |