In 2022, the Venezuelan government reported approximately 4.8 million U.S. dollars worth of military expenses, more than double the expenditure of the previous year. However, the data for Venezuela remains uncertain due to very high rates of inflation and currency depreciation in the country.
Military expenditure in Venezuela from 2013 to 2022 (in million U.S. dollars)
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SIPRI. (April 25, 2023). Military expenditure in Venezuela from 2013 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/794494/military-spending-value-venezuela/
SIPRI. "Military expenditure in Venezuela from 2013 to 2022 (in million U.S. dollars)." Chart. April 25, 2023. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/794494/military-spending-value-venezuela/
SIPRI. (2023). Military expenditure in Venezuela from 2013 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/794494/military-spending-value-venezuela/
SIPRI. "Military Expenditure in Venezuela from 2013 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Apr 2023, https://internal.statista.com/statistics/794494/military-spending-value-venezuela/
SIPRI, Military expenditure in Venezuela from 2013 to 2022 (in million U.S. dollars) Statista, https://internal.statista.com/statistics/794494/military-spending-value-venezuela/ (last visited June 10, 2024)
Military expenditure in Venezuela from 2013 to 2022 (in million U.S. dollars) [Graph], SIPRI, April 25, 2023. [Online]. Available: https://internal.statista.com/statistics/794494/military-spending-value-venezuela/