← Venezuela (Bolivarian Republic of)

Military expenditure, current USD

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

MILITARY_EXPENDITURE_CURRENT_USD · raw · annual · USD

Military resource scale

Show up to four metrics on separate charts with synchronized period highlighting.

Military expenditure, current USD

Military resource scale

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Data and evidence

Military expenditure, current USD

Venezuela (Bolivarian Republic of)

Values and evidence for Venezuela (Bolivarian Republic of). Unavailable values are gaps, not zero.
PeriodValueStatusProvenance & calculation
1990≈ 737,870,454.69
Exact value737870454.6860100000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76475 · revision 1

Value 737870454.6860100000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 737870454.6860100000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1991≈ 983,721,953.37
Exact value983721953.3655960000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76474 · revision 1

Value 983721953.3655960000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 983721953.3655960000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1992≈ 992,932,484.98
Exact value992932484.9780580000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76473 · revision 1

Value 992932484.9780580000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 992932484.9780580000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1993≈ 1,287,954,760.86
Exact value1287954760.8642300000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76472 · revision 1

Value 1287954760.8642300000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1287954760.8642300000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1994≈ 939,683,231.42
Exact value939683231.4208280000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76471 · revision 1

Value 939683231.4208280000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 939683231.4208280000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1995≈ 1,198,810,237.39
Exact value1198810237.3870500000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76470 · revision 1

Value 1198810237.3870500000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1198810237.3870500000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1996≈ 733,197,556.01
Exact value733197556.0081470000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76469 · revision 1

Value 733197556.0081470000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 733197556.0081470000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1997≈ 1,541,033,863.86
Exact value1541033863.8610200000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76468 · revision 1

Value 1541033863.8610200000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1541033863.8610200000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1998≈ 1,450,963,991.62
Exact value1450963991.6211200000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76467 · revision 1

Value 1450963991.6211200000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1450963991.6211200000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

1999≈ 1,408,064,715.84
Exact value1408064715.8363900000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76466 · revision 1

Value 1408064715.8363900000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1408064715.8363900000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2000≈ 1,788,322,080.34
Exact value1788322080.3362500000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76465 · revision 1

Value 1788322080.3362500000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1788322080.3362500000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2001≈ 1,911,400,136.53
Exact value1911400136.5285800000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76464 · revision 1

Value 1911400136.5285800000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1911400136.5285800000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2002≈ 1,071,363,969.16
Exact value1071363969.1631800000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76463 · revision 1

Value 1071363969.1631800000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1071363969.1631800000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2003≈ 987,890,177.73
Exact value987890177.7268880000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76462 · revision 1

Value 987890177.7268880000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 987890177.7268880000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2004≈ 1,448,715,982.93
Exact value1448715982.9326400000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76461 · revision 1

Value 1448715982.9326400000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1448715982.9326400000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2005≈ 2,665,390,596.96
Exact value2665390596.9613600000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76460 · revision 1

Value 2665390596.9613600000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 2665390596.9613600000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2006≈ 3,630,088,495.58
Exact value3630088495.5752200000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76459 · revision 1

Value 3630088495.5752200000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 3630088495.5752200000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2007≈ 4,351,560,316.72
Exact value4351560316.7210100000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76458 · revision 1

Value 4351560316.7210100000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 4351560316.7210100000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2008≈ 5,660,456,450.86
Exact value5660456450.8616700000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76457 · revision 1

Value 5660456450.8616700000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 5660456450.8616700000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2009≈ 4,055,379,599.44
Exact value4055379599.4410800000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76456 · revision 1

Value 4055379599.4410800000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 4055379599.4410800000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2010≈ 3,991,194,834.74
Exact value3991194834.7443500000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76455 · revision 1

Value 3991194834.7443500000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 3991194834.7443500000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2011≈ 3,577,531,587.44
Exact value3577531587.4385100000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76454 · revision 1

Value 3577531587.4385100000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 3577531587.4385100000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2012≈ 5,114,847,099.99
Exact value5114847099.9930100000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76453 · revision 1

Value 5114847099.9930100000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 5114847099.9930100000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2013≈ 6,199,698,500.16
Exact value6199698500.1554200000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76452 · revision 1

Value 6199698500.1554200000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 6199698500.1554200000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2014≈ 1,554,727,108.24
Exact value1554727108.2393200000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76451 · revision 1

Value 1554727108.2393200000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Due to sharp depreciation in the bolivar from 2014, the use of the official fixed exchange rate between bolivar and USD is no longer possible. Thus alternative exchange rates have been used from 2013, this is a combination of DICOR, SICAD and DICOM (from 2014 onwards). The figure from 2015 to 2017 should be treated with caution due to the very high rate of inflation and currency depreciation in Venezuela. The figures for Venezuela include off-budget military spending from the National Development Fund FONDEN, created in 2005 and funded by contributions from the Central Bank and the state oil company PDVSA. Actual figures for FONDEN are from 2005-2015, estimates are made for 2016 and 2017 based on 5-year rolling average of the share of off-budget spending to total military spending. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1554727108.2393200000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2015≈ 320,539,157.96
Exact value320539157.9635240000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76450 · revision 1

Value 320539157.9635240000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Highly uncertain data

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 320539157.9635240000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2016≈ 218,154,892.93
Exact value218154892.9290750000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76449 · revision 1

Value 218154892.9290750000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Highly uncertain data

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 218154892.9290750000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2017≈ 2,127,936,596.44
Exact value2127936596.4357100000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #76448 · revision 1

Value 2127936596.4357100000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Highly uncertain data

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 2127936596.4357100000 · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2018Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76447 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2019Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76446 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2020Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76445 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2021Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76444 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2022Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76443 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2023Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76442 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2024Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76441 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

2025Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #76440 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:02 · source revision unspecified

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