Military expenditure (current USD) in Equatorial Guinea

Equatorial Guinea: Military expenditure (current USD) was 120.73 million current USD in 2025. ◆ Volatile

Latest (2025)
120.73 million current USD
Change on year
up 5.4%
World rank
144th
of 168 countries
All-time high
371.93 million current USD
in 2009
All-time low
2.38 million current USD
in 1994
Years of data
17
1994–2025

Military expenditure in Equatorial Guinea, 1994–2025

0100.0M200.0M300.0M400.0M1994200920251994: 2.4M current USD1995: 3.4M current USD2007: 196.3M current USD2008: 292.8M current USD2009: 371.9M current USD2014: 166.5M current USD2015: 137.3M current USD2016: 139.2M current USD2017: 136.2M current USD2018: 149.5M current USD2019: 148.6M current USD2020: 162.4M current USD2021: 162.8M current USD2022: 156.8M current USD2023: 162.2M current USD2024: 114.5M current USD2025: 120.7M current USD

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

In 2025, military expenditure in Equatorial Guinea stood at 120.73 million current USD.

That represents a change of up 5.4% on the previous year and down 12.0% over ten years.

Over the whole period, military expenditure in Equatorial Guinea peaked at 371.93 million current USD in 2009 and was at its lowest, 2.38 million current USD, in 1994.

Equatorial Guinea ranks 144th of 168 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD) in Equatorial Guinea, year by year

Annual values for Military expenditure (current USD) in Equatorial Guinea, 1994 to 2025.
Year current USD Change
1994 2.38 million current USD —
1995 3.45 million current USD +44.9%
2007 196.31 million current USD +5593.8%
2008 292.75 million current USD +49.1%
2009 371.93 million current USD +27.0%
2014 166.54 million current USD -55.2%
2015 137.26 million current USD -17.6%
2016 139.20 million current USD +1.4%
2017 136.21 million current USD -2.1%
2018 149.50 million current USD +9.8%
2019 148.64 million current USD -0.6%
2020 162.37 million current USD +9.2%
2021 162.81 million current USD +0.3%
2022 156.79 million current USD -3.7%
2023 162.19 million current USD +3.4%
2024 114.53 million current USD -29.4%
2025 120.73 million current USD +5.4%

Equatorial Guinea compared with similar countries

  • Equatorial Guinea's 120.73 million current USD is below the median for upper middle income countries, which is 1.48 billion current USD, 8% of the median. (48 countries reporting)
  • Equatorial Guinea's 120.73 million current USD is below the median for Sub-Saharan Africa, which is 338.94 million current USD, 36% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD) 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.

YearChange FromTo
2007 +5593.8% 3.45 million current USD 196.31 million current USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.91 million current USD 2.38 million current USD 3.45 million current USD 2
2000s 287.00 million current USD 196.31 million current USD 371.93 million current USD 3
2010s 146.22 million current USD 136.21 million current USD 166.54 million current USD 6
2020s 146.57 million current USD 114.53 million current USD 162.81 million current USD 6

Countries ranked near Equatorial Guinea

  1. 141 Zimbabwe 159.64 million current USD compare
  2. 142 Cuba 128.61 million current USD compare
  3. 143 Malta 124.66 million current USD compare
  4. 145 Madagascar 119.68 million current USD compare
  5. 146 Nicaragua 116.37 million current USD compare
  6. 147 Moldova 113.29 million current USD compare

See the full ranking of 212 places →

More public sector data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is military expenditure in Equatorial Guinea?
Military expenditure in Equatorial Guinea was 120.73 million current USD in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Equatorial Guinea?
The highest recorded value was 371.93 million current USD in 2009.
What is the lowest military expenditure recorded in Equatorial Guinea?
The lowest recorded value was 2.38 million current USD in 1994.
How does Equatorial Guinea rank for military expenditure?
Equatorial Guinea ranks 144th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Equatorial Guinea?
Over the last ten years it is down 12.0%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Military expenditure in Equatorial Guinea. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/equatorial-guinea/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

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

About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,705 data points, 1960–2025
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)