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
Military expenditure (current USD), per capita in Equatorial Guinea, 1994–2024
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.
Military expenditure (current USD), per capita in Equatorial Guinea, year by year
| Year | current USD per person | Change |
|---|---|---|
| 1994 | 4.32 current USD per person | — |
| 1995 | 6.04 current USD per person | +39.6% |
| 2007 | 189.49 current USD per person | +3039.5% |
| 2008 | 269.94 current USD per person | +42.5% |
| 2009 | 327.5 current USD per person | +21.3% |
| 2014 | 118.97 current USD per person | -63.7% |
| 2015 | 94.41 current USD per person | -20.6% |
| 2016 | 92.3 current USD per person | -2.2% |
| 2017 | 87.18 current USD per person | -5.5% |
| 2018 | 92.49 current USD per person | +6.1% |
| 2019 | 88.99 current USD per person | -3.8% |
| 2020 | 94.6 current USD per person | +6.3% |
| 2021 | 92.57 current USD per person | -2.1% |
| 2022 | 86.94 current USD per person | -6.1% |
| 2023 | 87.79 current USD per person | +1.0% |
| 2024 | 59.78 current USD per person | -31.9% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 59.78 current USD per person is below the median for upper middle income countries, which is 91.94 current USD per person, 65% of the median. (48 countries reporting)
- Equatorial Guinea's 59.78 current USD per person is above the median for Sub-Saharan Africa, which is 18.42 current USD per person, 3.2× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), per capita in Equatorial 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 |
|---|---|---|---|
| 2007 | +3039.5% | 6.04 current USD per person | 189.49 current USD per person |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More public sector data for Equatorial Guinea
- 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 3 (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), 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.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- Population, total World Population Prospects, United Nations (UN)
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
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.