Arms imports (SIPRI trend indicator values), per unit of GDP in Venezuela

Venezuela: Arms imports (SIPRI trend indicator values), per unit of GDP was 0.001 SIPRI trend indicator values per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.001 SIPRI trend indicator values per US$ of GDP
Change on year
down 48.1%
World rank
49th
of 169 countries
All-time high
0.0232 SIPRI trend indicator values per US$ of GDP
in 1973
All-time low
0 SIPRI trend indicator values per US$ of GDP
in 1994
Years of data
59
1960–2023

Arms imports (SIPRI trend indicator values), per unit of GDP in Venezuela, 1960–2023

00.0050.010.0150.020.025196019912023

Source: Statizoid (derived). Measured in SIPRI trend indicator values per US$ of GDP.

Analysis

The most recent figure for arms imports (sipri trend indicator values), per unit of gdp in Venezuela is 0.001 SIPRI trend indicator values per US$ of GDP, measured in 2023.

That represents a change of down 48.1% on the previous year and down 75.1% over ten years.

Over the whole period, arms imports (sipri trend indicator values), per unit of gdp in Venezuela peaked at 0.0232 SIPRI trend indicator values per US$ of GDP in 1973 and was at its lowest, 0 SIPRI trend indicator values per US$ of GDP, in 1994.

Venezuela ranks 49th of 169 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Arms imports (SIPRI trend indicator values), per unit of GDP in Venezuela, year by year

Annual values for Arms imports (SIPRI trend indicator values), per unit of GDP in Venezuela, 1960 to 2023.
Year SIPRI trend indicator values per US$ of GDP Change
1960 0.0084 SIPRI trend indicator values per US$ of GDP —
1961 0.004 SIPRI trend indicator values per US$ of GDP -52.5%
1962 0.0036 SIPRI trend indicator values per US$ of GDP -8.5%
1963 0.0035 SIPRI trend indicator values per US$ of GDP -2.5%
1964 0.0007 SIPRI trend indicator values per US$ of GDP -79.3%
1966 0.0079 SIPRI trend indicator values per US$ of GDP +972.9%
1967 0.0221 SIPRI trend indicator values per US$ of GDP +180.7%
1968 0.002 SIPRI trend indicator values per US$ of GDP -91.0%
1969 0.0008 SIPRI trend indicator values per US$ of GDP -61.0%
1970 0.0013 SIPRI trend indicator values per US$ of GDP +66.8%
1971 0.01 SIPRI trend indicator values per US$ of GDP +671.5%
1972 0.0118 SIPRI trend indicator values per US$ of GDP +17.9%
1973 0.0232 SIPRI trend indicator values per US$ of GDP +96.4%
1974 0.0097 SIPRI trend indicator values per US$ of GDP -58.4%
1975 0.0084 SIPRI trend indicator values per US$ of GDP -13.3%
1976 0.0054 SIPRI trend indicator values per US$ of GDP -35.4%
1977 0.006 SIPRI trend indicator values per US$ of GDP +10.2%
1978 0.0015 SIPRI trend indicator values per US$ of GDP -74.8%
1979 0.0003 SIPRI trend indicator values per US$ of GDP -80.7%
1980 0.0061 SIPRI trend indicator values per US$ of GDP +2007.2%
1981 0.0137 SIPRI trend indicator values per US$ of GDP +124.2%
1982 0.0103 SIPRI trend indicator values per US$ of GDP -24.7%
1983 0.0036 SIPRI trend indicator values per US$ of GDP -65.2%
1984 0.0039 SIPRI trend indicator values per US$ of GDP +9.1%
1985 0.0083 SIPRI trend indicator values per US$ of GDP +113.5%
1986 0.0015 SIPRI trend indicator values per US$ of GDP -81.8%
1987 0.0015 SIPRI trend indicator values per US$ of GDP -0.0%
1988 0.0017 SIPRI trend indicator values per US$ of GDP +14.7%
1989 0.0028 SIPRI trend indicator values per US$ of GDP +58.1%
1990 0.0039 SIPRI trend indicator values per US$ of GDP +41.1%
1991 0.0059 SIPRI trend indicator values per US$ of GDP +53.0%
1992 0.0012 SIPRI trend indicator values per US$ of GDP -80.0%
1993 0.0006 SIPRI trend indicator values per US$ of GDP -48.3%
1994 0 SIPRI trend indicator values per US$ of GDP -97.2%
1995 0.0001 SIPRI trend indicator values per US$ of GDP +277.4%
1996 0.0005 SIPRI trend indicator values per US$ of GDP +711.8%
1997 0.0005 SIPRI trend indicator values per US$ of GDP -13.4%
1998 0.0001 SIPRI trend indicator values per US$ of GDP -80.7%
1999 0.0009 SIPRI trend indicator values per US$ of GDP +890.5%
2000 0.0009 SIPRI trend indicator values per US$ of GDP +6.3%
2001 0.0009 SIPRI trend indicator values per US$ of GDP -6.5%
2002 0.0005 SIPRI trend indicator values per US$ of GDP -45.1%
2003 0.0002 SIPRI trend indicator values per US$ of GDP -62.1%
2004 0.0001 SIPRI trend indicator values per US$ of GDP -55.4%
2005 0.0001 SIPRI trend indicator values per US$ of GDP +80.3%
2006 0.0021 SIPRI trend indicator values per US$ of GDP +1335.1%
2007 0.0033 SIPRI trend indicator values per US$ of GDP +60.8%
2008 0.0023 SIPRI trend indicator values per US$ of GDP -29.8%
2009 0.0011 SIPRI trend indicator values per US$ of GDP -52.5%
2010 0.0005 SIPRI trend indicator values per US$ of GDP -51.6%
2011 0.0019 SIPRI trend indicator values per US$ of GDP +253.3%
2012 0.0019 SIPRI trend indicator values per US$ of GDP -1.7%
2013 0.0038 SIPRI trend indicator values per US$ of GDP +106.5%
2014 0.0008 SIPRI trend indicator values per US$ of GDP -78.2%
2015 0.001 SIPRI trend indicator values per US$ of GDP +18.2%
2016 0.0008 SIPRI trend indicator values per US$ of GDP -15.0%
2018 0.0001 SIPRI trend indicator values per US$ of GDP -83.7%
2020 0.0018 SIPRI trend indicator values per US$ of GDP +1243.4%
2023 0.001 SIPRI trend indicator values per US$ of GDP -48.1%

Venezuela compared with similar countries

  • Venezuela's 0.001 SIPRI trend indicator values per US$ of GDP is above the median for lower middle income countries, which is 0.0003 SIPRI trend indicator values per US$ of GDP, 3.4× the median. (39 countries reporting)
  • Venezuela's 0.001 SIPRI trend indicator values per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0002 SIPRI trend indicator values per US$ of GDP, 4.8× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Arms imports (SIPRI trend indicator values), per unit of GDP in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +2007.2% 0.0003 SIPRI trend indicator values per US$ of GDP 0.0061 SIPRI trend indicator values per US$ of GDP
2006 +1335.1% 0.0001 SIPRI trend indicator values per US$ of GDP 0.0021 SIPRI trend indicator values per US$ of GDP
2020 +1243.4% 0.0001 SIPRI trend indicator values per US$ of GDP 0.0018 SIPRI trend indicator values per US$ of GDP
1966 +972.9% 0.0007 SIPRI trend indicator values per US$ of GDP 0.0079 SIPRI trend indicator values per US$ of GDP
1999 +890.5% 0.0001 SIPRI trend indicator values per US$ of GDP 0.0009 SIPRI trend indicator values per US$ of GDP
1996 +711.8% 0.0001 SIPRI trend indicator values per US$ of GDP 0.0005 SIPRI trend indicator values per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0059 SIPRI trend indicator values per US$ of GDP 0.0007 SIPRI trend indicator values per US$ of GDP 0.0221 SIPRI trend indicator values per US$ of GDP 9
1970s 0.0077 SIPRI trend indicator values per US$ of GDP 0.0003 SIPRI trend indicator values per US$ of GDP 0.0232 SIPRI trend indicator values per US$ of GDP 10
1980s 0.0053 SIPRI trend indicator values per US$ of GDP 0.0015 SIPRI trend indicator values per US$ of GDP 0.0137 SIPRI trend indicator values per US$ of GDP 10
1990s 0.0014 SIPRI trend indicator values per US$ of GDP 0 SIPRI trend indicator values per US$ of GDP 0.0059 SIPRI trend indicator values per US$ of GDP 10
2000s 0.0012 SIPRI trend indicator values per US$ of GDP 0.0001 SIPRI trend indicator values per US$ of GDP 0.0033 SIPRI trend indicator values per US$ of GDP 10
2010s 0.0014 SIPRI trend indicator values per US$ of GDP 0.0001 SIPRI trend indicator values per US$ of GDP 0.0038 SIPRI trend indicator values per US$ of GDP 8
2020s 0.0014 SIPRI trend indicator values per US$ of GDP 0.001 SIPRI trend indicator values per US$ of GDP 0.0018 SIPRI trend indicator values per US$ of GDP 2

Countries ranked near Venezuela

  1. 46 Maldives 0.001 SIPRI trend indicator values per US$ of GDP compare
  2. 47 Croatia 0.001 SIPRI trend indicator values per US$ of GDP compare
  3. 48 Bahamas 0.001 SIPRI trend indicator values per US$ of GDP compare
  4. 50 Equatorial Guinea 0.0009 SIPRI trend indicator values per US$ of GDP compare
  5. 51 Saudi Arabia 0.0009 SIPRI trend indicator values per US$ of GDP compare
  6. 52 Niger 0.0009 SIPRI trend indicator values per US$ of GDP compare

See the full ranking of 213 places →

More public sector data for Venezuela

All data for Venezuela →

Frequently asked questions

What is arms imports (sipri trend indicator values), per unit of gdp in Venezuela?
Arms imports (sipri trend indicator values), per unit of gdp in Venezuela was 0.001 SIPRI trend indicator values per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest arms imports (sipri trend indicator values), per unit of gdp recorded in Venezuela?
The highest recorded value was 0.0232 SIPRI trend indicator values per US$ of GDP in 1973.
What is the lowest arms imports (sipri trend indicator values), per unit of gdp recorded in Venezuela?
The lowest recorded value was 0 SIPRI trend indicator values per US$ of GDP in 1994.
How does Venezuela rank for arms imports (sipri trend indicator values), per unit of gdp?
Venezuela ranks 49th out of 169 countries with data for 2023.
Is arms imports (sipri trend indicator values), per unit of gdp rising or falling in Venezuela?
Over the last ten years it is down 75.1%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Statizoid (derived), published as part of Arms imports (SIPRI trend indicator values), per unit of GDP. Statizoid updates them automatically from the source API.

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Arms imports (SIPRI trend indicator values), per unit of GDP in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/arms-imports-sipri-trend-indicator-values-per-unit-of-gdp/venezuela-rb/

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How this figure is calculated

Arms imports (SIPRI trend indicator values) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Arms imports (SIPRI trend indicator values) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Arms imports (SIPRI trend indicator values), per unit of GDP
Unit
SIPRI trend indicator values per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
213 places, 8,924 data points, 1960–2024
Last refreshed

Arms imports (SIPRI trend indicator values) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.