Military expenditure in Guinea-Bissau
Guinea-Bissau: Military expenditure was 25.29 million current USD in 2023. ◆ Volatile
Military expenditure in Guinea-Bissau, 1982–2023
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Guinea-Bissau is 25.29 million current USD, measured in 2023.
That represents a change of up 3.1% on the previous year and up 16.5% over ten years.
Over the whole period, military expenditure in Guinea-Bissau peaked at 25.67 million current USD in 2021 and was at its lowest, 1.82 million current USD, in 1997.
That places Guinea-Bissau 158th out of 167 countries with data for 2023, putting it 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 |
|---|---|---|---|---|
| 1980s | 7.58 million current USD | 3.88 million current USD | 18.06 million current USD | 7 |
| 1990s | 2.17 million current USD | 1.82 million current USD | 2.90 million current USD | 5 |
| 2000s | 9.24 million current USD | 6.18 million current USD | 13.74 million current USD | 6 |
| 2010s | 19.79 million current USD | 15.73 million current USD | 24.49 million current USD | 10 |
| 2020s | 24.92 million current USD | 24.17 million current USD | 25.67 million current USD | 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 25.29 million current USD 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 25.67 million current USD in 2021.
- What is the lowest military expenditure recorded in Guinea-Bissau?
- The lowest recorded value was 1.82 million current USD in 1997.
- How does Guinea-Bissau rank for military expenditure?
- Guinea-Bissau ranks 158th 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 16.5%. 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 USD). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 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)