Military expenditure in Equatorial Guinea
Equatorial Guinea: Military expenditure was 1.0% in 2024. ▼ Falling
Military expenditure in Equatorial Guinea, 1994–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
Equatorial Guinea recorded 1.0% for military expenditure in 2024.
Compared with earlier readings it is down 35.3% on the previous year and up 28.2% over ten years.
Over the whole period, military expenditure in Equatorial Guinea peaked at 2.5% in 2009 and was at its lowest, 0.8%, in 2014.
That places Equatorial Guinea 122nd out of 164 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Military expenditure in Equatorial Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 2.0% | — |
| 1995 | 2.0% | +3.0% |
| 2007 | 1.5% | -26.6% |
| 2008 | 1.5% | -1.3% |
| 2009 | 2.5% | +67.0% |
| 2014 | 0.8% | -69.0% |
| 2015 | 1.0% | +35.9% |
| 2016 | 1.2% | +19.0% |
| 2017 | 1.1% | -8.9% |
| 2018 | 1.1% | +1.2% |
| 2019 | 1.3% | +14.5% |
| 2020 | 1.6% | +25.4% |
| 2021 | 1.3% | -18.0% |
| 2022 | 1.3% | -3.1% |
| 2023 | 1.5% | +16.5% |
| 2024 | 1.0% | -35.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.0% | 2.0% | 2.0% | 2 |
| 2000s | 1.8% | 1.5% | 2.5% | 3 |
| 2010s | 1.1% | 0.8% | 1.3% | 6 |
| 2020s | 1.4% | 1.0% | 1.6% | 5 |
Countries ranked near Equatorial Guinea
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), per unit of GDP 0.0085 current USD per US$ of GDP (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)
Frequently asked questions
- What is military expenditure in Equatorial Guinea?
- Military expenditure in Equatorial Guinea was 1.0% in 2024, 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 2.5% in 2009.
- What is the lowest military expenditure recorded in Equatorial Guinea?
- The lowest recorded value was 0.8% in 2014.
- How does Equatorial Guinea rank for military expenditure?
- Equatorial Guinea ranks 122nd out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Equatorial Guinea?
- Over the last ten years it is up 28.2%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product