Military expenditure (current USD), annual growth rate in Guinea
Guinea: Military expenditure (current USD), annual growth rate was 11.45 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Guinea, 1966–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Guinea is 11.45 % change on previous year, measured in 2024.
Compared with earlier readings it is down 20.3% on the previous year and up 17,646.1% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Guinea peaked at 90.83 % change on previous year in 2001 and was at its lowest, -26.9 % change on previous year, in 2016.
That places Guinea 71st out of 164 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1966 | 32.43 % change on previous year | — |
| 1969 | 3.71 % change on previous year | -88.5% |
| 1970 | 2.48 % change on previous year | -33.2% |
| 1971 | 74.7 % change on previous year | +2913.0% |
| 1972 | 20.45 % change on previous year | -72.6% |
| 1973 | 13.71 % change on previous year | -33.0% |
| 1979 | -16.67 % change on previous year | -221.6% |
| 1980 | -15.08 % change on previous year | -9.5% |
| 1981 | -12.93 % change on previous year | -14.3% |
| 1982 | -0.4645 % change on previous year | -96.4% |
| 1992 | -22.45 % change on previous year | +4733.1% |
| 1993 | -21.02 % change on previous year | -6.4% |
| 1994 | 4.36 % change on previous year | -120.7% |
| 1998 | 1.5 % change on previous year | -65.6% |
| 1999 | 22.6 % change on previous year | +1409.3% |
| 2000 | -16.74 % change on previous year | -174.1% |
| 2001 | 90.83 % change on previous year | -642.5% |
| 2002 | 11.82 % change on previous year | -87.0% |
| 2003 | -14.22 % change on previous year | -220.4% |
| 2004 | -3.7 % change on previous year | -74.0% |
| 2013 | 16.52 % change on previous year | -546.2% |
| 2014 | 0.0645 % change on previous year | -99.6% |
| 2015 | 12.42 % change on previous year | +19153.7% |
| 2016 | -26.9 % change on previous year | -316.5% |
| 2017 | 12.22 % change on previous year | -145.4% |
| 2018 | 8.5 % change on previous year | -30.4% |
| 2019 | 0.342 % change on previous year | -96.0% |
| 2020 | 4.67 % change on previous year | +1266.1% |
| 2021 | 18.15 % change on previous year | +288.5% |
| 2022 | 80.43 % change on previous year | +343.2% |
| 2023 | 14.37 % change on previous year | -82.1% |
| 2024 | 11.45 % change on previous year | -20.3% |
Guinea compared with similar countries
- Guinea's 11.45 % change on previous year is above the median for lower middle income countries, which is 5.23 % change on previous year, 2.2× the median. (40 countries reporting)
- Guinea's 11.45 % change on previous year is above the median for Sub-Saharan Africa, which is 6.07 % change on previous year, 1.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), annual growth rate 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 |
|---|---|---|---|
| 2015 | +19153.7% | 0.0645 % change on previous year | 12.42 % change on previous year |
| 1992 | -4733.1% | -0.4645 % change on previous year | -22.45 % change on previous year |
| 1971 | +2913.0% | 2.48 % change on previous year | 74.7 % change on previous year |
| 1999 | +1409.3% | 1.5 % change on previous year | 22.6 % change on previous year |
| 2020 | +1266.1% | 0.342 % change on previous year | 4.67 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.07 % change on previous year | 3.71 % change on previous year | 32.43 % change on previous year | 2 |
| 1970s | 18.93 % change on previous year | -16.67 % change on previous year | 74.7 % change on previous year | 5 |
| 1980s | -9.49 % change on previous year | -15.08 % change on previous year | -0.4645 % change on previous year | 3 |
| 1990s | -3 % change on previous year | -22.45 % change on previous year | 22.6 % change on previous year | 5 |
| 2000s | 13.6 % change on previous year | -16.74 % change on previous year | 90.83 % change on previous year | 5 |
| 2010s | 3.31 % change on previous year | -26.9 % change on previous year | 16.52 % change on previous year | 7 |
| 2020s | 25.81 % change on previous year | 4.67 % change on previous year | 80.43 % change on previous year | 5 |
Countries ranked near Guinea
- 68 Belgium 12.22 % change on previous year compare
- 69 Iraq 11.95 % change on previous year compare
- 70 Laos 11.56 % change on previous year compare
- 72 Mozambique 11.39 % change on previous year compare
- 73 Bolivia 11.26 % change on previous year compare
- 74 Honduras 11.15 % change on previous year compare
More public sector data for Guinea
- Democracy, 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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- 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 (current usd), annual growth rate in Guinea?
- Military expenditure (current usd), annual growth rate in Guinea was 11.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Guinea?
- The highest recorded value was 90.83 % change on previous year in 2001.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Guinea?
- The lowest recorded value was -26.9 % change on previous year in 2016.
- How does Guinea rank for military expenditure (current usd), annual growth rate?
- Guinea ranks 71st out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Guinea?
- Over the last ten years it is up 17,646.1%. The long-run trend across the full record is volatile.
- Where does this 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 — 32 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.