Military expenditure in Equatorial Guinea
Equatorial Guinea: Military expenditure was 113.14 million current USD in 2024. ◆ Volatile
Military expenditure in Equatorial Guinea, 1994–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Equatorial Guinea stood at 113.14 million current USD.
That represents a change of down 30.2% on the previous year and down 32.1% over ten years.
Over the whole period, military expenditure in Equatorial Guinea peaked at 371.93 million current USD in 2009 and was at its lowest, 2.38 million current USD, in 1994.
Equatorial Guinea ranks 141st of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.91 million current USD | 2.38 million current USD | 3.45 million current USD | 2 |
| 2000s | 287.00 million current USD | 196.31 million current USD | 371.93 million current USD | 3 |
| 2010s | 146.22 million current USD | 136.21 million current USD | 166.54 million current USD | 6 |
| 2020s | 151.46 million current USD | 113.14 million current USD | 162.81 million current USD | 5 |
Countries ranked near Equatorial Guinea
More public sector data for Equatorial Guinea
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Tax revenue 6.6% (2022)
- Taxes on income, profits and capital gains 19.8% (2022)
- Taxes on goods and services 4.0% (2022)
- Net investment in nonfinancial assets 3.9% (2022)
- Net lending (+) / net borrowing (-) 11.5% (2022)
- Interest payments 4.2% (2022)
- Grants and other revenue 75.1% (2022)
- Interest payments 9.9% (2022)
- Other taxes 0.1% (2022)
Frequently asked questions
- What is military expenditure in Equatorial Guinea?
- Military expenditure in Equatorial Guinea was 113.14 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Equatorial Guinea?
- The highest recorded value was 371.93 million current USD in 2009.
- What is the lowest military expenditure recorded in Equatorial Guinea?
- The lowest recorded value was 2.38 million current USD in 1994.
- How does Equatorial Guinea rank for military expenditure?
- Equatorial Guinea ranks 141st out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Equatorial Guinea?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)