Military expenditure (current USD), annual growth rate in Guyana
Guyana: Military expenditure (current USD), annual growth rate was 84.04 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Guyana, 1974–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Guyana recorded 84.04 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
The figure is up 245.1% on the previous year and up 617.7% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Guyana peaked at 191.25 % change on previous year in 1975 and was at its lowest, -61.84 % change on previous year, in 1987.
Guyana ranks 4th of 164 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 (current USD), annual growth rate in Guyana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1974 | 121.28 % change on previous year | — |
| 1975 | 191.25 % change on previous year | +57.7% |
| 1976 | 4.82 % change on previous year | -97.5% |
| 1977 | -28.6 % change on previous year | -693.4% |
| 1978 | -28.59 % change on previous year | -0.0% |
| 1979 | -0.9046 % change on previous year | -96.8% |
| 1980 | 27.4 % change on previous year | -3128.6% |
| 1981 | 2.37 % change on previous year | -91.4% |
| 1982 | 10.31 % change on previous year | +336.0% |
| 1983 | -10.56 % change on previous year | -202.4% |
| 1984 | -6.15 % change on previous year | -41.8% |
| 1985 | 87.9 % change on previous year | -1529.2% |
| 1986 | -28.59 % change on previous year | -132.5% |
| 1987 | -61.84 % change on previous year | +116.3% |
| 1988 | 3.77 % change on previous year | -106.1% |
| 1989 | -45.34 % change on previous year | -1301.5% |
| 1990 | -40.41 % change on previous year | -10.9% |
| 1991 | -43.41 % change on previous year | +7.4% |
| 1992 | 78.47 % change on previous year | -280.8% |
| 1993 | 22.38 % change on previous year | -71.5% |
| 1994 | 23.65 % change on previous year | +5.7% |
| 1995 | 3.76 % change on previous year | -84.1% |
| 1996 | -2.34 % change on previous year | -162.3% |
| 2001 | 14.19 % change on previous year | -706.1% |
| 2002 | 15.87 % change on previous year | +11.9% |
| 2003 | -1.84 % change on previous year | -111.6% |
| 2004 | 35.4 % change on previous year | -2021.0% |
| 2005 | -16.38 % change on previous year | -146.3% |
| 2006 | 3.62 % change on previous year | -122.1% |
| 2007 | 30.22 % change on previous year | +734.2% |
| 2008 | 22.22 % change on previous year | -26.5% |
| 2009 | 1.75 % change on previous year | -92.1% |
| 2010 | 0.0628 % change on previous year | -96.4% |
| 2011 | 4.32 % change on previous year | +6775.7% |
| 2012 | 3.47 % change on previous year | -19.6% |
| 2013 | 4.83 % change on previous year | +39.1% |
| 2014 | 11.71 % change on previous year | +142.3% |
| 2015 | 18.2 % change on previous year | +55.4% |
| 2016 | 11.05 % change on previous year | -39.3% |
| 2017 | 15.42 % change on previous year | +39.5% |
| 2018 | 3.75 % change on previous year | -75.6% |
| 2019 | 8.85 % change on previous year | +135.6% |
| 2020 | 13.89 % change on previous year | +57.0% |
| 2021 | 0.0041 % change on previous year | -100.0% |
| 2022 | 15.22 % change on previous year | +375797.2% |
| 2023 | 24.35 % change on previous year | +59.9% |
| 2024 | 84.04 % change on previous year | +245.1% |
Guyana compared with similar countries
- Guyana's 84.04 % change on previous year is above the median for high income countries, which is 10.89 % change on previous year, 7.7× the median. (52 countries reporting)
- Guyana's 84.04 % change on previous year is above the median for Latin America & Caribbean, which is 3.65 % change on previous year, 23.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), annual growth rate in Guyana 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 |
|---|---|---|---|
| 2022 | +375797.2% | 0.0041 % change on previous year | 15.22 % change on previous year |
| 2011 | +6775.7% | 0.0628 % change on previous year | 4.32 % change on previous year |
| 1980 | +3128.6% | -0.9046 % change on previous year | 27.4 % change on previous year |
| 2004 | +2021.0% | -1.84 % change on previous year | 35.4 % change on previous year |
| 1985 | +1529.2% | -6.15 % change on previous year | 87.9 % change on previous year |
| 1989 | -1301.5% | 3.77 % change on previous year | -45.34 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43.21 % change on previous year | -28.6 % change on previous year | 191.25 % change on previous year | 6 |
| 1980s | -2.07 % change on previous year | -61.84 % change on previous year | 87.9 % change on previous year | 10 |
| 1990s | 6.01 % change on previous year | -43.41 % change on previous year | 78.47 % change on previous year | 7 |
| 2000s | 11.67 % change on previous year | -16.38 % change on previous year | 35.4 % change on previous year | 9 |
| 2010s | 8.17 % change on previous year | 0.0628 % change on previous year | 18.2 % change on previous year | 10 |
| 2020s | 27.5 % change on previous year | 0.0041 % change on previous year | 84.04 % change on previous year | 5 |
Countries ranked near Guyana
- 1 Lebanon 122.03 % change on previous year compare
- 2 Myanmar 100.97 % change on previous year compare
- 3 South Sudan 88.44 % change on previous year compare
- 5 Israel 69.12 % change on previous year compare
- 6 Haiti 67.58 % change on previous year compare
- 7 Mongolia 62.24 % change on previous year compare
More public sector data for Guyana
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- 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 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Guyana?
- Military expenditure (current usd), annual growth rate in Guyana was 84.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Guyana?
- The highest recorded value was 191.25 % change on previous year in 1975.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Guyana?
- The lowest recorded value was -61.84 % change on previous year in 1987.
- How does Guyana rank for military expenditure (current usd), annual growth rate?
- Guyana ranks 4th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Guyana?
- Over the last ten years it is up 617.7%. The long-run trend across the full record is volatile.
- Where does this Guyana 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 — 47 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.