Military Expenditure in Venezuela decreased to 0.40 USD Million in 2019 from 763.60 USD Million in 2018. source: SIPRI

Military Expenditure in Venezuela averaged 1286.43 USD Million from 1955 until 2019, reaching an all time high of 6199.70 USD Million in 2013 and a record low of 0.40 USD Million in 2019. Venezuela Military Expenditure - values, historical data and charts - was last updated on December of 2022.

Military Expenditure in Venezuela is expected to reach 650.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Military Expenditure is projected to trend around 650.00 USD Million in 2023, according to our econometric models.

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Venezuela Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 0.40 763.60 USD Million Dec 2019