Venezuela: military expenditure as percentage of GDP 2007-2017
Military expenditure as percentage of Gross Domestic Product (GDP) in Venezuela from 2007 to 2017
The statistic shows the military spending as percentage of Gross Domestic Product (GDP) of Venezuela from 2007 to 2017. In 2017, the military budget reported by Venezuela accounted for approximately 0.5 percent of the country's GDP.
Military expenditure as percentage of Gross Domestic Product (GDP) in Venezuela from 2007 to 2017
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| Share of GDP | |
|---|---|
| 2017 | 0.5% |
| 2016 | 0.5% |
| 2015 | 0.9% |
| 2014 | 1.2% |
| 2013 | 1.7% |
| 2012 | 1.3% |
| 2011 | 1.1% |
| 2010 | 1% |
| 2009 | 1.2% |
| 2008 | 1.8% |
| 2007 | 1.9% |
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