Military expenditure in Guinea
Guinea: Military expenditure was 562.46 million current USD in 2024. ◆ Volatile
Military expenditure in Guinea, 1965–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Guinea stood at 562.46 million current USD. That is the highest value across all 38 years on record.
Compared with earlier readings it is up 11.5% on the previous year and up 185.6% over ten years.
Over the whole period, military expenditure in Guinea peaked at 562.46 million current USD in 2024 and was at its lowest, 10.49 million current USD, in 1965.
Guinea ranks 102nd of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Guinea, year by year
| Year | current USD | Change |
|---|---|---|
| 1965 | 10.49 million current USD | — |
| 1966 | 13.90 million current USD | +32.4% |
| 1968 | 14.18 million current USD | +2.0% |
| 1969 | 14.71 million current USD | +3.7% |
| 1970 | 15.07 million current USD | +2.5% |
| 1971 | 26.33 million current USD | +74.7% |
| 1972 | 31.71 million current USD | +20.4% |
| 1973 | 36.06 million current USD | +13.7% |
| 1978 | 85.23 million current USD | +136.4% |
| 1979 | 71.02 million current USD | -16.7% |
| 1980 | 60.31 million current USD | -15.1% |
| 1981 | 52.51 million current USD | -12.9% |
| 1982 | 52.27 million current USD | -0.5% |
| 1991 | 71.76 million current USD | +37.3% |
| 1992 | 55.65 million current USD | -22.4% |
| 1993 | 43.96 million current USD | -21.0% |
| 1994 | 45.87 million current USD | +4.4% |
| 1997 | 44.37 million current USD | -3.3% |
| 1998 | 45.03 million current USD | +1.5% |
| 1999 | 55.21 million current USD | +22.6% |
| 2000 | 45.97 million current USD | -16.7% |
| 2001 | 87.72 million current USD | +90.8% |
| 2002 | 98.08 million current USD | +11.8% |
| 2003 | 84.13 million current USD | -14.2% |
| 2004 | 81.02 million current USD | -3.7% |
| 2012 | 168.91 million current USD | +108.5% |
| 2013 | 196.82 million current USD | +16.5% |
| 2014 | 196.95 million current USD | +0.1% |
| 2015 | 221.41 million current USD | +12.4% |
| 2016 | 161.86 million current USD | -26.9% |
| 2017 | 181.64 million current USD | +12.2% |
| 2018 | 197.08 million current USD | +8.5% |
| 2019 | 197.75 million current USD | +0.3% |
| 2020 | 206.99 million current USD | +4.7% |
| 2021 | 244.56 million current USD | +18.1% |
| 2022 | 441.26 million current USD | +80.4% |
| 2023 | 504.67 million current USD | +14.4% |
| 2024 | 562.46 million current USD | +11.5% |
Guinea compared with similar countries
- Guinea's 562.46 million current USD is above the median for lower middle income countries, which is 493.99 million current USD, 1.1× the median. (40 countries reporting)
- Guinea's 562.46 million current USD is above the median for Sub-Saharan Africa, which is 293.92 million current USD, 1.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military expenditure in 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 |
|---|---|---|---|
| 1978 | +136.4% | 36.06 million current USD | 85.23 million current USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.32 million current USD | 10.49 million current USD | 14.71 million current USD | 4 |
| 1970s | 44.24 million current USD | 15.07 million current USD | 85.23 million current USD | 6 |
| 1980s | 55.03 million current USD | 52.27 million current USD | 60.31 million current USD | 3 |
| 1990s | 51.69 million current USD | 43.96 million current USD | 71.76 million current USD | 7 |
| 2000s | 79.38 million current USD | 45.97 million current USD | 98.08 million current USD | 5 |
| 2010s | 190.30 million current USD | 161.86 million current USD | 221.41 million current USD | 8 |
| 2020s | 391.99 million current USD | 206.99 million current USD | 562.46 million current USD | 5 |
Countries ranked near Guinea
More public sector data for Guinea
- Democracy, annual growth rate -100 % change on previous year (2021)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2021)
- Elected parliament, annual growth rate -100 % change on previous year (2021)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2021)
- Democracy 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Guinea?
- Military expenditure in Guinea was 562.46 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Guinea?
- The highest recorded value was 562.46 million current USD in 2024.
- What is the lowest military expenditure recorded in Guinea?
- The lowest recorded value was 10.49 million current USD in 1965.
- How does Guinea rank for military expenditure?
- Guinea ranks 102nd out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Guinea?
- Over the last ten years it is up 185.6%. The long-run trend across the full record is volatile.
- Where does this 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.
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CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)