Military expenditure in Guyana
Guyana: Military expenditure was 201.84 million current USD in 2024. ◆ Volatile
Latest (2024)
201.84 million current USD
Change on year
up 84.0%
World rank
128th
of 168 countries
All-time high
201.84 million current USD
in 2024
All-time low
2.03 million current USD
in 1991
Years of data
49
1973–2024
Military expenditure in Guyana, 1973–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Guyana recorded 201.84 million current USD for military expenditure in 2024. That is the highest value across all 49 years on record.
The figure is up 84.0% on the previous year and up 413.8% over ten years.
Over the whole period, military expenditure in Guyana peaked at 201.84 million current USD in 2024 and was at its lowest, 2.03 million current USD, in 1991.
Guyana ranks 128th 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 in Guyana, year by year
| Year | current USD | Change |
|---|---|---|
| 1973 | 5.03 million current USD | — |
| 1974 | 11.14 million current USD | +121.3% |
| 1975 | 32.44 million current USD | +191.3% |
| 1976 | 34.00 million current USD | +4.8% |
| 1977 | 24.27 million current USD | -28.6% |
| 1978 | 17.33 million current USD | -28.6% |
| 1979 | 17.18 million current USD | -0.9% |
| 1980 | 21.88 million current USD | +27.4% |
| 1981 | 22.40 million current USD | +2.4% |
| 1982 | 24.71 million current USD | +10.3% |
| 1983 | 22.10 million current USD | -10.6% |
| 1984 | 20.74 million current USD | -6.2% |
| 1985 | 38.97 million current USD | +87.9% |
| 1986 | 27.83 million current USD | -28.6% |
| 1987 | 10.62 million current USD | -61.8% |
| 1988 | 11.02 million current USD | +3.8% |
| 1989 | 6.02 million current USD | -45.3% |
| 1990 | 3.59 million current USD | -40.4% |
| 1991 | 2.03 million current USD | -43.4% |
| 1992 | 3.63 million current USD | +78.5% |
| 1993 | 4.44 million current USD | +22.4% |
| 1994 | 5.49 million current USD | +23.6% |
| 1995 | 5.69 million current USD | +3.8% |
| 1996 | 5.56 million current USD | -2.3% |
| 2000 | 12.59 million current USD | +126.4% |
| 2001 | 14.37 million current USD | +14.2% |
| 2002 | 16.65 million current USD | +15.9% |
| 2003 | 16.35 million current USD | -1.8% |
| 2004 | 22.13 million current USD | +35.4% |
| 2005 | 18.51 million current USD | -16.4% |
| 2006 | 19.18 million current USD | +3.6% |
| 2007 | 24.97 million current USD | +30.2% |
| 2008 | 30.52 million current USD | +22.2% |
| 2009 | 31.06 million current USD | +1.8% |
| 2010 | 31.08 million current USD | +0.1% |
| 2011 | 32.42 million current USD | +4.3% |
| 2012 | 33.54 million current USD | +3.5% |
| 2013 | 35.16 million current USD | +4.8% |
| 2014 | 39.28 million current USD | +11.7% |
| 2015 | 46.43 million current USD | +18.2% |
| 2016 | 51.56 million current USD | +11.1% |
| 2017 | 59.51 million current USD | +15.4% |
| 2018 | 61.75 million current USD | +3.8% |
| 2019 | 67.21 million current USD | +8.8% |
| 2020 | 76.54 million current USD | +13.9% |
| 2021 | 76.54 million current USD | +0.0% |
| 2022 | 88.20 million current USD | +15.2% |
| 2023 | 109.67 million current USD | +24.4% |
| 2024 | 201.84 million current USD | +84.0% |
Guyana compared with similar countries
- Guyana's 201.84 million current USD is below the median for high income countries, which is 6.62 billion current USD, 3% of the median. (54 countries reporting)
- Guyana's 201.84 million current USD is below the median for Latin America & Caribbean, which is 420.19 million current USD, 48% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Military expenditure in Guyana 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 |
|---|---|---|---|
| 1975 | +191.3% | 11.14 million current USD | 32.44 million current USD |
| 2000 | +126.4% | 5.56 million current USD | 12.59 million current USD |
| 1974 | +121.3% | 5.03 million current USD | 11.14 million current USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.20 million current USD | 5.03 million current USD | 34.00 million current USD | 7 |
| 1980s | 20.63 million current USD | 6.02 million current USD | 38.97 million current USD | 10 |
| 1990s | 4.35 million current USD | 2.03 million current USD | 5.69 million current USD | 7 |
| 2000s | 20.63 million current USD | 12.59 million current USD | 31.06 million current USD | 10 |
| 2010s | 45.79 million current USD | 31.08 million current USD | 67.21 million current USD | 10 |
| 2020s | 110.56 million current USD | 76.54 million current USD | 201.84 million current USD | 5 |
Countries ranked near Guyana
- 125 Trinidad and Tobago 234.54 million current USD compare
- 126 Bosnia and Herzegovina 215.97 million current USD compare
- 127 Somalia 201.85 million current USD compare
- 129 Togo 195.35 million current USD compare
- 130 Congo 182.04 million current USD compare
- 131 Eritrea 181.58 million current USD compare
More public sector data for Guyana
- Democracy, annual growth rate 0 % change on previous year (2025)
- 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 0 % change on previous year (2025)
- Elected parliament, 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)
- Democracy 7 (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 in Guyana?
- Military expenditure in Guyana was 201.84 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 Guyana?
- The highest recorded value was 201.84 million current USD in 2024.
- What is the lowest military expenditure recorded in Guyana?
- The lowest recorded value was 2.03 million current USD in 1991.
- How does Guyana rank for military expenditure?
- Guyana ranks 128th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Guyana?
- Over the last ten years it is up 413.8%. The long-run trend across the full record is volatile.
- Where does this Guyana 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 — 49 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)