Military expenditure share of GDP

World Bank — World Development Indicators · observation #84251 · revision 1

Value 1.5180365557 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.5180365557 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84250 · revision 1

Value 1.8403352768 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.8403352768 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84249 · revision 1

Value 1.6434788502 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.6434788502 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84248 · revision 1

Value 2.1452538550 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: SIPRI estimate

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 2.1452538550 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84247 · revision 1

Value 1.5907469248 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.5907469248 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84246 · revision 1

Value 1.5490621598 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.5490621598 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84245 · revision 1

Value 1.0394833836 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.0394833836 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84244 · revision 1

Value 1.7952850522 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.7952850522 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84243 · revision 1

Value 1.5885552045 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.5885552045 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84242 · revision 1

Value 1.4371990038 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.4371990038 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84241 · revision 1

Value 1.5265701288 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.5265701288 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84240 · revision 1

Value 1.5551079111 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.5551079111 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84239 · revision 1

Value 1.1533735955 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.1533735955 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84238 · revision 1

Value 1.1826906272 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.1826906272 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84237 · revision 1

Value 1.2883018124 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.2883018124 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84236 · revision 1

Value 1.8317137492 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.8317137492 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84235 · revision 1

Value 1.9784922172 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.9784922172 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84234 · revision 1

Value 1.8889931062 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.8889931062 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84233 · revision 1

Value 1.7935528518 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.7935528518 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84232 · revision 1

Value 1.2310704154 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.2310704154 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84231 · revision 1

Value 1.0134886278 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.0134886278 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84230 · revision 1

Value 1.1304053408 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.1304053408 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84229 · revision 1

Value 1.3414717323 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.3414717323 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84228 · revision 1

Value 1.6695517828 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.6695517828 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84227 · revision 1

Value 1.1618168100 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 1.1618168100 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84226 · revision 1

Value 0.9413759689 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: Highly uncertain data

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 0.9413759689 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84225 · revision 1

Value 0.4540460143 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: Highly uncertain data

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 0.4540460143 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84224 · revision 1

Value 2.2333321992 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider footnote: Highly uncertain data

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: 2.2333321992 · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84223 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84222 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84221 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84220 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84219 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84218 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84217 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified

World Bank — World Development Indicators · observation #84216 · revision 1

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

Source reference

SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.

Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported

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

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:46:47 · source revision unspecified