Military expenditure in Guinea-Bissau
Guinea-Bissau: Military expenditure was 15.34 billion current LCU in 2023. ◆ Volatile
Military expenditure in Guinea-Bissau, 1982–2023
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Guinea-Bissau recorded 15.34 billion current LCU for military expenditure in 2023. That is the highest value across all 32 years on record.
The figure is up 0.2% on the previous year and up 43.0% over ten years.
Over the whole period, military expenditure in Guinea-Bissau peaked at 15.34 billion current LCU in 2023 and was at its lowest, 5.77 million current LCU, in 1982.
Guinea-Bissau ranks 101st 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 30.77 million current LCU | 5.77 million current LCU | 123.50 million current LCU | 7 |
| 1990s | 911.40 million current LCU | 400.00 million current LCU | 1.71 billion current LCU | 5 |
| 2000s | 5.50 billion current LCU | 4.36 billion current LCU | 6.79 billion current LCU | 6 |
| 2010s | 10.62 billion current LCU | 8.27 billion current LCU | 13.23 billion current LCU | 10 |
| 2020s | 14.70 billion current LCU | 13.91 billion current LCU | 15.34 billion current LCU | 4 |
Countries ranked near Guinea-Bissau
More public sector data for Guinea-Bissau
- Arms imports 5.00 million SIPRI trend indicator values (1993)
- Tax revenue 8.3% (2024)
- Taxes on income, profits and capital gains 19.0% (2024)
- Taxes on goods and services 25.8% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -8.0% (2024)
- Interest payments 21.0% (2024)
- Grants and other revenue 35.6% (2024)
- Interest payments 14.9% (2023)
- Other taxes 3.6% (2024)
Frequently asked questions
- What is military expenditure in Guinea-Bissau?
- Military expenditure in Guinea-Bissau was 15.34 billion current LCU in 2023, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Guinea-Bissau?
- The highest recorded value was 15.34 billion current LCU in 2023.
- What is the lowest military expenditure recorded in Guinea-Bissau?
- The lowest recorded value was 5.77 million current LCU in 1982.
- How does Guinea-Bissau rank for military expenditure?
- Guinea-Bissau ranks 101st out of 167 countries with data for 2023.
- Is military expenditure rising or falling in Guinea-Bissau?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau 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 — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)