What is the difference in military expenditure between Venezuela and Vietnam?

24,357,999,873.38 trillion current LCU, with Venezuela ahead.

How many years of comparable data are there for Venezuela and Vietnam?

24 years are reported by both, from 1987 to 2018.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Venezuela vs Vietnam: Military expenditure

Venezuela

24,358,000,000.00 trillion current LCU

in 2024

Vietnam

126.62 trillion current LCU

in 2018

Venezuela rank

1st

Vietnam rank

4th

Military expenditure over time

Venezuela
Vietnam

How they compare

Venezuela currently reports 24,358,000,000.00 trillion current LCU against 126.62 trillion current LCU in Vietnam, a difference of 24,357,999,873.38 trillion current LCU.

The two have swapped places 1 time across 24 shared years of data; in 1987 it was Vietnam ahead.

Venezuela ranks 1st and Vietnam ranks 4th of 167 countries.

Across the 4 decades both report, Venezuela averaged higher in 1 and Vietnam in 3.

Head to head by decade

Decade	Venezuela	Vietnam	Difference	Ahead
1980s	22.83 million current LCU	980.67 billion current LCU	980.64 billion current LCU	Vietnam
1990s	82.68 million current LCU	3.85 trillion current LCU	3.85 trillion current LCU	Vietnam
2000s	6.84 billion current LCU	24.13 trillion current LCU	24.12 trillion current LCU	Vietnam
2010s	388.25 trillion current LCU	88.00 trillion current LCU	300.25 trillion current LCU	Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Venezuela or Vietnam?: Venezuela, at 24,358,000,000.00 trillion current LCU against 126.62 trillion current LCU in Vietnam as of 2024.
What is the difference in military expenditure between Venezuela and Vietnam?: 24,357,999,873.38 trillion current LCU, with Venezuela ahead.
How many years of comparable data are there for Venezuela and Vietnam?: 24 years are reported by both, from 1987 to 2018.
How do Venezuela and Vietnam rank globally for military expenditure?: Venezuela ranks 1st and Vietnam ranks 4th of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Venezuela vs Vietnam: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 28 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/venezuela-rb/viet-nam/

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About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 20 August 2026

Military expenditure in local currency at current prices (by calendar year)