Military expenditure (current USD), per capita in Equatorial Guinea

Equatorial Guinea: Military expenditure (current USD), per capita was 59.78 current USD per person in 2024. ◆ Volatile

Latest (2024)
59.78 current USD per person
Change on year
down 31.9%
World rank
97th
of 167 countries
All-time high
327.5 current USD per person
in 2009
All-time low
4.32 current USD per person
in 1994
Years of data
16
1994–2024

Military expenditure (current USD), per capita in Equatorial Guinea, 1994–2024

01002003001994200920241994: 4.3 current USD per person1995: 6 current USD per person2007: 189.5 current USD per person2008: 269.9 current USD per person2009: 327.5 current USD per person2014: 119 current USD per person2015: 94.4 current USD per person2016: 92.3 current USD per person2017: 87.2 current USD per person2018: 92.5 current USD per person2019: 89 current USD per person2020: 94.6 current USD per person2021: 92.6 current USD per person2022: 86.9 current USD per person2023: 87.8 current USD per person2024: 59.8 current USD per person

Source: Statizoid (derived). Measured in current USD per person.

Analysis

In 2024, military expenditure (current usd), per capita in Equatorial Guinea stood at 59.78 current USD per person.

Compared with earlier readings it is down 31.9% on the previous year and down 49.8% over ten years.

Over the whole period, military expenditure (current usd), per capita in Equatorial Guinea peaked at 327.5 current USD per person in 2009 and was at its lowest, 4.32 current USD per person, in 1994.

That places Equatorial Guinea 97th out of 167 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.18 current USD per person 4.32 current USD per person 6.04 current USD per person 2
2000s 262.31 current USD per person 189.49 current USD per person 327.5 current USD per person 3
2010s 95.72 current USD per person 87.18 current USD per person 118.97 current USD per person 6
2020s 84.33 current USD per person 59.78 current USD per person 94.6 current USD per person 5

Countries ranked near Equatorial Guinea

  1. 94 Eswatini 64.09 current USD per person compare
  2. 95 Democratic People's Republic of Korea 61.87 current USD per person compare
  3. 96 Sri Lanka 60.84 current USD per person compare
  4. 98 Paraguay 59.74 current USD per person compare
  5. 99 India 59.36 current USD per person compare
  6. 100 Kazakhstan 58.71 current USD per person compare

See the full ranking of 211 places →

More public sector data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is military expenditure (current usd), per capita in Equatorial Guinea?
Military expenditure (current usd), per capita in Equatorial Guinea was 59.78 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Equatorial Guinea?
The highest recorded value was 327.5 current USD per person in 2009.
What is the lowest military expenditure (current usd), per capita recorded in Equatorial Guinea?
The lowest recorded value was 4.32 current USD per person in 1994.
How does Equatorial Guinea rank for military expenditure (current usd), per capita?
Equatorial Guinea ranks 97th out of 167 countries with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Equatorial Guinea?
Over the last ten years it is down 49.8%. 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), per capita. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per capita in Equatorial Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/equatorial-guinea/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/equatorial-guinea/">Military expenditure (current USD), per capita in Equatorial Guinea</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

Computed from

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

Indicator
Military expenditure (current USD), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.