GET_COMPLIANCE_STATUS ==> Raw Data Size is displaying more than disk usage

License usage represents actual data size stored by Vertica.
Disk usage shows compressed data size recorded on disk. Disk usage is less than license due to compression and encoding.

SELECT * FROM DELETE_VECTORS;
For above command, it shows few records.

so if we execute purge(), will it minimise actual data size?
or
any alternative to minimise actual data size

Will projections storage is also consider as license usage

Removing deleted data with PURGE() will reduce data size and license usage.
Projection storage does not count as license usage, as it is duplicate data.

To minimize actual db size on disk, check you current status first.

SELECT AUDIT('','table',5,95);       -- error‑tolerance=5, confidence‑level=95%
SELECT anchor_table_schema || '.' || anchor_table_name AS S_TABLE,
            SUM(used_bytes) AS compressed_bytes,
            (SUM(used_bytes) / 1024^3)::NUMERIC(20,1)  AS compressed_GB,
            (SUM(used_bytes) / 1024^4)::NUMERIC(20,1)  AS compressed_TB,
            sum(row_count)  AS projections_row_count,
            count(distinct projection_id) as projections_number
     FROM v_monitor.projection_storage
     GROUP BY rollup(S_TABLE)
     ORDER BY 2 DESC;

Then drop unnecessary projections.
Try to choose better encoding and sort order on Correlated Columns for projections with weak compression.
Better encoding can improve your compression ratio and might effect queries performance, so it is advised first to check its size and performance on data sample.