What is the difference in military expenditure between Guinea-Bissau and Peru?

5.71 billion current LCU, with Guinea-Bissau ahead.

How many years of comparable data are there for Guinea-Bissau and Peru?

32 years are reported by both, from 1982 to 2023.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Guinea-Bissau vs Peru: Military expenditure

Guinea-Bissau

15.34 billion current LCU

in 2023

Peru

9.63 billion current LCU

in 2024

Guinea-Bissau rank

101st

Peru rank

104th

Military expenditure over time

Guinea-Bissau
Peru

How they compare

Guinea-Bissau currently reports 15.34 billion current LCU against 9.63 billion current LCU in Peru, a difference of 5.71 billion current LCU.

That makes Guinea-Bissau's figure about 1.6 times Peru's.

The two have swapped places 4 times across 32 shared years of data; in 1982 it was Guinea-Bissau ahead.

Guinea-Bissau ranks 101st and Peru ranks 104th of 167 countries.

Across the 5 decades both report, Guinea-Bissau averaged higher in 4 and Peru in 1.

Head to head by decade

Decade	Guinea-Bissau	Peru	Difference	Ahead
1980s	30.77 million current LCU	335,518 current LCU	30.43 million current LCU	Guinea-Bissau
1990s	911.40 million current LCU	3.11 billion current LCU	2.20 billion current LCU	Peru
2000s	5.50 billion current LCU	3.66 billion current LCU	1.84 billion current LCU	Guinea-Bissau
2010s	10.62 billion current LCU	8.40 billion current LCU	2.22 billion current LCU	Guinea-Bissau
2020s	14.70 billion current LCU	10.65 billion current LCU	4.05 billion current LCU	Guinea-Bissau

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Guinea-Bissau or Peru?: Guinea-Bissau, at 15.34 billion current LCU against 9.63 billion current LCU in Peru as of 2023.
What is the difference in military expenditure between Guinea-Bissau and Peru?: 5.71 billion current LCU, with Guinea-Bissau ahead.
How many years of comparable data are there for Guinea-Bissau and Peru?: 32 years are reported by both, from 1982 to 2023.
How do Guinea-Bissau and Peru rank globally for military expenditure?: Guinea-Bissau ranks 101st and Peru ranks 104th of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guinea-Bissau vs Peru: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 21 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/guinea-bissau/peru/

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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: 20 August 2026

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