Military expenditure in Gabon

Gabon: Military expenditure was 193.50 billion current LCU in 2024. ◆ Volatile

Latest (2024)
193.50 billion current LCU
Change on year
up 20.2%
World rank
56th
of 167 countries
All-time high
193.50 billion current LCU
in 2024
All-time low
740.00 million current LCU
in 1967
Years of data
41
1967–2024

Military expenditure in Gabon, 1967–2024

050.0B100.0B150.0B200.0B1967199520241967: 740.0M current LCU1968: 740.0M current LCU1969: 1.1B current LCU1970: 1.3B current LCU1971: 1.5B current LCU1972: 1.7B current LCU1973: 2.1B current LCU1974: 2.5B current LCU1975: 3.6B current LCU1976: 4.8B current LCU1977: 7.1B current LCU1979: 12.1B current LCU1980: 14.5B current LCU1981: 24.0B current LCU1982: 29.1B current LCU1983: 33.0B current LCU1984: 35.1B current LCU1985: 42.9B current LCU1986: 47.1B current LCU2000: 65.0B current LCU2001: 66.0B current LCU2002: 66.0B current LCU2003: 63.0B current LCU2004: 66.1B current LCU2005: 62.3B current LCU2006: 68.1B current LCU2010: 133.1B current LCU2011: 125.5B current LCU2012: 142.0B current LCU2013: 139.4B current LCU2014: 102.9B current LCU2015: 100.8B current LCU2016: 120.3B current LCU2017: 157.0B current LCU2018: 145.2B current LCU2019: 156.4B current LCU2020: 151.6B current LCU2021: 172.8B current LCU2022: 173.2B current LCU2023: 161.0B current LCU2024: 193.5B current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in Gabon is 193.50 billion current LCU, measured in 2024. That is the highest value across all 41 years on record.

The figure is up 20.2% on the previous year and up 88.0% over ten years.

Over the whole period, military expenditure in Gabon peaked at 193.50 billion current LCU in 2024 and was at its lowest, 740.00 million current LCU, in 1967.

Gabon ranks 56th of 167 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 870.33 million current LCU 740.00 million current LCU 1.13 billion current LCU 3
1970s 4.08 billion current LCU 1.28 billion current LCU 12.10 billion current LCU 9
1980s 32.24 billion current LCU 14.50 billion current LCU 47.10 billion current LCU 7
2000s 65.21 billion current LCU 62.30 billion current LCU 68.10 billion current LCU 7
2010s 132.25 billion current LCU 100.77 billion current LCU 157.03 billion current LCU 10
2020s 170.41 billion current LCU 151.62 billion current LCU 193.50 billion current LCU 5

Countries ranked near Gabon

  1. 53 North Korea 216.60 billion current LCU compare
  2. 54 Malawi 202.63 billion current LCU compare
  3. 55 Thailand 194.81 billion current LCU compare
  4. 57 Laos 178.25 billion current LCU compare
  5. 58 Israel 172.11 billion current LCU compare
  6. 59 Kenya 166.09 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Gabon

All data for Gabon →

Frequently asked questions

What is military expenditure in Gabon?
Military expenditure in Gabon was 193.50 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Gabon?
The highest recorded value was 193.50 billion current LCU in 2024.
What is the lowest military expenditure recorded in Gabon?
The lowest recorded value was 740.00 million current LCU in 1967.
How does Gabon rank for military expenditure?
Gabon ranks 56th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Gabon?
Over the last ten years it is up 88.0%. The long-run trend across the full record is volatile.
Where does this Gabon data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)