Venezuela: value of military spending 2013-2023

Military expenditure in Venezuela from 2013 to 2023

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Source

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Release date

2024

Region

Venezuela

Survey time period

2013 to 2023

Special properties

based on 2022 constant prices and exchange rates

Supplementary notes

* The source informs that data for the indicated years remains uncertain due to very high rates of inflation and currency depreciation in the country.
The source provides the following additional information: "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."

Figures have been rounded.

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Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
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Based on your interests

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For single users
$199 USD
per month, billed annually 1
  • Free Statistics
  • Premium Statistics

Professional Account

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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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