Military expenditure (current USD), annual growth rate in Equatorial Guinea
Equatorial Guinea: Military expenditure (current USD), annual growth rate was -30.25 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Equatorial Guinea, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Equatorial Guinea stood at -30.25 % change on previous year. That is the lowest value across all 13 years on record.
That represents a change of down 978.2% on the previous year and down 72.1% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Equatorial Guinea peaked at 49.13 % change on previous year in 2008 and was at its lowest, -30.25 % change on previous year, in 2024.
That places Equatorial Guinea 156th out of 164 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Equatorial Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 44.91 % change on previous year | — |
| 2008 | 49.13 % change on previous year | +9.4% |
| 2009 | 27.04 % change on previous year | -44.9% |
| 2015 | -17.58 % change on previous year | -165.0% |
| 2016 | 1.41 % change on previous year | -108.0% |
| 2017 | -2.15 % change on previous year | -252.2% |
| 2018 | 9.76 % change on previous year | -554.1% |
| 2019 | -0.5766 % change on previous year | -105.9% |
| 2020 | 9.24 % change on previous year | -1702.7% |
| 2021 | 0.2673 % change on previous year | -97.1% |
| 2022 | -3.69 % change on previous year | -1482.2% |
| 2023 | 3.44 % change on previous year | -193.2% |
| 2024 | -30.25 % change on previous year | -978.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.91 % change on previous year | 44.91 % change on previous year | 44.91 % change on previous year | 1 |
| 2000s | 38.09 % change on previous year | 27.04 % change on previous year | 49.13 % change on previous year | 2 |
| 2010s | -1.83 % change on previous year | -17.58 % change on previous year | 9.76 % change on previous year | 5 |
| 2020s | -4.2 % change on previous year | -30.25 % change on previous year | 9.24 % change on previous year | 5 |
Countries ranked near Equatorial Guinea
- 153 Egypt -24.34 % change on previous year compare
- 154 Angola -26.11 % change on previous year compare
- 155 Togo -29.31 % change on previous year compare
- 157 Ethiopia -34.59 % change on previous year compare
- 158 Congo -36.12 % change on previous year compare
- 159 Liberia -45.9 % change on previous year compare
More public sector data for Equatorial Guinea
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 6.34 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -96.67 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.78 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0085 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 113.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 5,782 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Equatorial Guinea?
- Military expenditure (current usd), annual growth rate in Equatorial Guinea was -30.25 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Equatorial Guinea?
- The highest recorded value was 49.13 % change on previous year in 2008.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Equatorial Guinea?
- The lowest recorded value was -30.25 % change on previous year in 2024.
- How does Equatorial Guinea rank for military expenditure (current usd), annual growth rate?
- Equatorial Guinea ranks 156th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Equatorial Guinea?
- Over the last ten years it is down 72.1%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.