Venezuela's "troubling" military spending?

Secretary of State Clinton has urged Venezuela to be "transparent" about its military spending - implying that Venezuela's military spending is something that should be of concern to Americans. The blog Borev.net publishes a pair of graphs that help put this concern in context. Looking at military spending for 2007-8, among Brazil, Colombia, Chile, and Venezuela, Venezuela comes in last, both in absolute terms, and as a share of GDP.

 

Perhaps Venezuela is using the US standard? Since when does the US announce honestly how much it spends covertly anywhere in the world?

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