Military - Venezuela



TopicValue
Armed forces personnel (% of total labor force)0.829960865540927
Military expenditure as % of GDP (% of GDP)1.21234116221929
Military expenditure as % of central government expenditure (% of central government expenditure)5.63085172103165
Value & RankThe Military expenditure as % of GDP of Venezuela is 1.21 (% of GDP) with a global rank of 105.
Venezuela compared to other CountriesThe Military expenditure as % of GDP of Venezuela is similar to that of Philippines, Finland, Kazakhstan, Honduras, Macedonia, Slovenia, South Africa, Sweden, Tanzania, Bosnia and Herzegovina with a respective Military expenditure as % of GDP of 1.28, 1.27, 1.25, 1.24, 1.24, 1.19, 1.17, 1.17, 1.15, 1.13 (% of GDP) and a global rank of 100, 101, 102, 103, 104, 106, 107, 108, 109, 110.Last 10 years averageVenezuela had an average Military expenditure as % of GDP of 1.24 (% of GDP) in the last 10 years from (2003 to 2013).
Venezuela during the Great RecessionVenezuela's Military expenditure as % of GDP had a negative growth (decline) of 25.3% during the Great RecessionVenezuela since the end of the Great RecessionVenezuela's Military expenditure as % of GDP had a negative growth (decline) of 0.66% since the end of the Great Recession
Military expenditure as % of GDP of Venezuela
Value & RankThe Military expenditure as % of central government expenditure of Venezuela is 5.63 (% of central government expenditure) with a global rank of 74.
Venezuela compared to other CountriesThe Military expenditure as % of central government expenditure of Venezuela is similar to that of Ukraine, Estonia, Uruguay, Ecuador, Brazil, El Salvador, Egypt, Poland, United Kingdom, Argentina with a respective Military expenditure as % of central government expenditure of 6.38, 6.24, 6.20, 5.96, 5.67, 5.57, 5.52, 5.38, 5.31, 5.23 (% of central government expenditure) and a global rank of 69, 70, 71, 72, 73, 75, 76, 77, 78, 79.10 years declineVenezuela's Military expenditure as % of central government expenditure had a negative growth (decline) of 35.6 (%) in the last 10 years from (1995 to 2005).
Last 10 years averageVenezuela had an average Military expenditure as % of central government expenditure of 6.61 (% of central government expenditure) in the last 10 years from (1995 to 2005).
Military expenditure as % of central government expenditure of Venezuela
Value & RankThe Armed forces personnel of Venezuela is 0.83 (% of total labor force) with a global rank of 83.
Venezuela compared to other CountriesThe Armed forces personnel of Venezuela is similar to that of Spain, Guinea-Bissau, Hungary, Suriname, Estonia, Macedonia, United Arab Emirates, Paraguay, Ecuador, Kazakhstan with a respective Armed forces personnel of 0.92, 0.91, 0.88, 0.88, 0.83, 0.83, 0.82, 0.81, 0.79, 0.78 (% of total labor force) and a global rank of 78, 79, 80, 81, 82, 84, 85, 86, 87, 88.11 years declineVenezuela's Armed forces personnel had a negative growth (decline) of 11.1 (%) in the last 11 years from (2001 to 2012).
Last 11 years averageVenezuela had an average Armed forces personnel of 0.85 (% of total labor force) in the last 11 years from (2001 to 2012).
Venezuela during the Great RecessionVenezuela's Armed forces personnel had a positive growth of 30.9% during the Great RecessionVenezuela since the end of the Great RecessionVenezuela's Armed forces personnel had a negative growth (decline) of 5.59% since the end of the Great Recession
Armed forces personnel of Venezuela
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Datasource: Workbank - World Development Indicators