Nigeria vs Venezuela, Bolivarian Republic of: Military expenditure (current USD), annual growth rate
Nigeria
-63.46 % change on previous year
in 2024
Venezuela, Bolivarian Republic of
-100 % change on previous year
in 2024
Nigeria rank
161st
Venezuela, Bolivarian Republic of rank
163rd
Military expenditure (current USD), annual growth rate over time
- Nigeria
- Venezuela, Bolivarian Republic of
How they compare
Nigeria currently reports -63.46 % change on previous year against -100 % change on previous year in Venezuela, Bolivarian Republic of, a difference of 36.54 % change on previous year.
The two have swapped places 26 times across 64 shared years of data; in 1961 it was Nigeria ahead.
Nigeria ranks 161st and Venezuela, Bolivarian Republic of ranks 163rd of 164 countries.
Across the 7 decades both report, Nigeria averaged higher in 4 and Venezuela, Bolivarian Republic of in 3.
Head to head by decade
| Decade | Nigeria | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 63.39 % change on previous year | 6.45 % change on previous year | 56.94 % change on previous year | Nigeria |
| 1970s | 20.8 % change on previous year | 14.47 % change on previous year | 6.33 % change on previous year | Nigeria |
| 1980s | -20.67 % change on previous year | 7.06 % change on previous year | 27.73 % change on previous year | Venezuela, Bolivarian Republic of |
| 1990s | 20.83 % change on previous year | 8.87 % change on previous year | 11.96 % change on previous year | Nigeria |
| 2000s | 16.65 % change on previous year | 17.06 % change on previous year | 0.4119 % change on previous year | Venezuela, Bolivarian Republic of |
| 2010s | 3.33 % change on previous year | 57.78 % change on previous year | 54.45 % change on previous year | Venezuela, Bolivarian Republic of |
| 2020s | 3.57 % change on previous year | -9.14 % change on previous year | 12.71 % change on previous year | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), annual growth rate, Nigeria or Venezuela, Bolivarian Republic of?
- Nigeria, at -63.46 % change on previous year against -100 % change on previous year in Venezuela, Bolivarian Republic of as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Nigeria and Venezuela, Bolivarian Republic of?
- 36.54 % change on previous year, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Venezuela, Bolivarian Republic of?
- 64 years are reported by both, from 1961 to 2024.
- How do Nigeria and Venezuela, Bolivarian Republic of rank globally for military expenditure (current usd), annual growth rate?
- Nigeria ranks 161st and Venezuela, Bolivarian Republic of ranks 163rd of 164 countries.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.