Military expenditure in Guinea
Guinea: Military expenditure was 4.84 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
4.84 trillion current LCU
Change on year
up 11.2%
World rank
14th
of 168 countries
All-time high
4.84 trillion current LCU
in 2024
All-time low
259.00 million current LCU
in 1965
Years of data
38
1965–2024
Military expenditure in Guinea, 1965–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Guinea recorded 4.84 trillion current LCU for military expenditure in 2024. That is the highest value across all 38 years on record.
That represents a change of up 11.2% on the previous year and up 250.7% over ten years.
Over the whole period, military expenditure in Guinea peaked at 4.84 trillion current LCU in 2024 and was at its lowest, 259.00 million current LCU, in 1965.
Guinea ranks 14th of 168 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 259.00 million current LCU | — |
| 1966 | 343.00 million current LCU | +32.4% |
| 1968 | 350.00 million current LCU | +2.0% |
| 1969 | 363.00 million current LCU | +3.7% |
| 1970 | 372.00 million current LCU | +2.5% |
| 1971 | 648.00 million current LCU | +74.2% |
| 1972 | 721.00 million current LCU | +11.3% |
| 1973 | 747.00 million current LCU | +3.6% |
| 1978 | 1.68 billion current LCU | +125.0% |
| 1979 | 1.36 billion current LCU | -19.3% |
| 1980 | 1.14 billion current LCU | -15.7% |
| 1981 | 1.10 billion current LCU | -3.8% |
| 1982 | 1.17 billion current LCU | +6.3% |
| 1991 | 54.10 billion current LCU | +4527.9% |
| 1992 | 50.20 billion current LCU | -7.2% |
| 1993 | 42.00 billion current LCU | -16.3% |
| 1994 | 44.80 billion current LCU | +6.7% |
| 1997 | 48.60 billion current LCU | +8.5% |
| 1998 | 55.70 billion current LCU | +14.6% |
| 1999 | 76.60 billion current LCU | +37.5% |
| 2000 | 80.30 billion current LCU | +4.8% |
| 2001 | 171.10 billion current LCU | +113.1% |
| 2002 | 193.80 billion current LCU | +13.3% |
| 2003 | 167.00 billion current LCU | -13.8% |
| 2004 | 181.80 billion current LCU | +8.9% |
| 2012 | 1.18 trillion current LCU | +549.1% |
| 2013 | 1.36 trillion current LCU | +15.2% |
| 2014 | 1.38 trillion current LCU | +1.6% |
| 2015 | 1.66 trillion current LCU | +20.0% |
| 2016 | 1.45 trillion current LCU | -12.5% |
| 2017 | 1.66 trillion current LCU | +14.2% |
| 2018 | 1.78 trillion current LCU | +7.8% |
| 2019 | 1.82 trillion current LCU | +1.9% |
| 2020 | 1.99 trillion current LCU | +9.6% |
| 2021 | 2.41 trillion current LCU | +20.8% |
| 2022 | 3.89 trillion current LCU | +61.5% |
| 2023 | 4.36 trillion current LCU | +12.0% |
| 2024 | 4.84 trillion current LCU | +11.2% |
Guinea compared with similar countries
- Guinea's 4.84 trillion current LCU is above the median for lower middle income countries, which is 109.52 billion current LCU, 44.2× the median. (40 countries reporting)
- Guinea's 4.84 trillion current LCU is above the median for Sub-Saharan Africa, which is 114.43 billion current LCU, 42.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military expenditure in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +4527.9% | 1.17 billion current LCU | 54.10 billion current LCU |
| 2012 | +549.1% | 181.80 billion current LCU | 1.18 trillion current LCU |
| 1978 | +125.0% | 747.00 million current LCU | 1.68 billion current LCU |
| 2001 | +113.1% | 80.30 billion current LCU | 171.10 billion current LCU |
| 1971 | +74.2% | 372.00 million current LCU | 648.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 328.75 million current LCU | 259.00 million current LCU | 363.00 million current LCU | 4 |
| 1970s | 921.00 million current LCU | 372.00 million current LCU | 1.68 billion current LCU | 6 |
| 1980s | 1.14 billion current LCU | 1.10 billion current LCU | 1.17 billion current LCU | 3 |
| 1990s | 53.14 billion current LCU | 42.00 billion current LCU | 76.60 billion current LCU | 7 |
| 2000s | 158.80 billion current LCU | 80.30 billion current LCU | 193.80 billion current LCU | 5 |
| 2010s | 1.54 trillion current LCU | 1.18 trillion current LCU | 1.82 trillion current LCU | 8 |
| 2020s | 3.50 trillion current LCU | 1.99 trillion current LCU | 4.84 trillion current LCU | 5 |
Countries ranked near Guinea
More public sector data for Guinea
- Democracy, annual growth rate -100 % change on previous year (2021)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2021)
- Elected parliament, annual growth rate -100 % change on previous year (2021)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2021)
- Democracy 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Guinea?
- Military expenditure in Guinea was 4.84 trillion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Guinea?
- The highest recorded value was 4.84 trillion current LCU in 2024.
- What is the lowest military expenditure recorded in Guinea?
- The lowest recorded value was 259.00 million current LCU in 1965.
- How does Guinea rank for military expenditure?
- Guinea ranks 14th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Guinea?
- Over the last ten years it is up 250.7%. The long-run trend across the full record is volatile.
- Where does this 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 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)