Military expenditure (current USD), per unit of GDP in Equatorial Guinea
Equatorial Guinea: Military expenditure (current USD), per unit of GDP was 0.0085 current USD per US$ of GDP in 2024. ▼ Falling
Military expenditure (current USD), per unit of GDP in Equatorial Guinea, 1994–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
The most recent figure for military expenditure (current usd), per unit of gdp in Equatorial Guinea is 0.0085 current USD per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 34.0% on the previous year and up 11.6% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Equatorial Guinea peaked at 0.0247 current USD per US$ of GDP in 2009 and was at its lowest, 0.0077 current USD per US$ of GDP, in 2014.
That places Equatorial Guinea 131st out of 166 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Military expenditure (current USD), per unit of GDP in Equatorial Guinea, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1994 | 0.0236 current USD per US$ of GDP | — |
| 1995 | 0.0243 current USD per US$ of GDP | +3.0% |
| 2007 | 0.015 current USD per US$ of GDP | -38.2% |
| 2008 | 0.0148 current USD per US$ of GDP | -1.3% |
| 2009 | 0.0247 current USD per US$ of GDP | +67.0% |
| 2014 | 0.0077 current USD per US$ of GDP | -69.1% |
| 2015 | 0.0104 current USD per US$ of GDP | +36.1% |
| 2016 | 0.0124 current USD per US$ of GDP | +19.0% |
| 2017 | 0.0112 current USD per US$ of GDP | -9.8% |
| 2018 | 0.0114 current USD per US$ of GDP | +2.2% |
| 2019 | 0.0131 current USD per US$ of GDP | +14.6% |
| 2020 | 0.0164 current USD per US$ of GDP | +25.5% |
| 2021 | 0.0133 current USD per US$ of GDP | -18.8% |
| 2022 | 0.0115 current USD per US$ of GDP | -14.0% |
| 2023 | 0.0129 current USD per US$ of GDP | +12.9% |
| 2024 | 0.0085 current USD per US$ of GDP | -34.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.024 current USD per US$ of GDP | 0.0236 current USD per US$ of GDP | 0.0243 current USD per US$ of GDP | 2 |
| 2000s | 0.0182 current USD per US$ of GDP | 0.0148 current USD per US$ of GDP | 0.0247 current USD per US$ of GDP | 3 |
| 2010s | 0.011 current USD per US$ of GDP | 0.0077 current USD per US$ of GDP | 0.0131 current USD per US$ of GDP | 6 |
| 2020s | 0.0125 current USD per US$ of GDP | 0.0085 current USD per US$ of GDP | 0.0164 current USD per US$ of GDP | 5 |
Countries ranked near Equatorial Guinea
- 128 Bangladesh 0.009 current USD per US$ of GDP compare
- 129 Angola 0.0089 current USD per US$ of GDP compare
- 130 Peru 0.0088 current USD per US$ of GDP compare
- 132 Guyana 0.0082 current USD per US$ of GDP compare
- 133 Indonesia 0.0079 current USD per US$ of GDP compare
- 134 Dominican Republic 0.0079 current USD per US$ of GDP 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), annual growth rate -30.25 % change on previous year (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), per unit of gdp in Equatorial Guinea?
- Military expenditure (current usd), per unit of gdp in Equatorial Guinea was 0.0085 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Equatorial Guinea?
- The highest recorded value was 0.0247 current USD per US$ of GDP in 2009.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Equatorial Guinea?
- The lowest recorded value was 0.0077 current USD per US$ of GDP in 2014.
- How does Equatorial Guinea rank for military expenditure (current usd), per unit of gdp?
- Equatorial Guinea ranks 131st out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Equatorial Guinea?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.