Military expenditure in Equatorial Guinea
Equatorial Guinea: Military expenditure was 4.7% in 2024. ▲ Rising
Military expenditure in Equatorial Guinea, 1994–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of general government expenditure.
Analysis
Equatorial Guinea recorded 4.7% for military expenditure in 2024.
That represents a change of down 30.9% on the previous year and up 94.6% over ten years.
Over the whole period, military expenditure in Equatorial Guinea peaked at 10.5% in 2021 and was at its lowest, 0.4%, in 1994.
Equatorial Guinea ranks 90th of 161 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Military expenditure in Equatorial Guinea, year by year
| Year | % of general government expenditure | Change |
|---|---|---|
| 1994 | 0.4% | — |
| 1995 | 1.4% | +271.0% |
| 2007 | 7.6% | +427.6% |
| 2008 | 7.5% | -2.3% |
| 2009 | 6.2% | -16.6% |
| 2014 | 2.4% | -61.0% |
| 2015 | 2.5% | +3.3% |
| 2016 | 4.5% | +77.9% |
| 2017 | 5.6% | +26.2% |
| 2018 | 5.9% | +4.9% |
| 2019 | 7.8% | +31.9% |
| 2020 | 10.2% | +30.4% |
| 2021 | 10.5% | +3.3% |
| 2022 | 7.7% | -26.2% |
| 2023 | 6.8% | -11.7% |
| 2024 | 4.7% | -30.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9% | 0.4% | 1.4% | 2 |
| 2000s | 7.1% | 6.2% | 7.6% | 3 |
| 2010s | 4.8% | 2.4% | 7.8% | 6 |
| 2020s | 8.0% | 4.7% | 10.5% | 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 4.7% 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 10.5% in 2021.
- What is the lowest military expenditure recorded in Equatorial Guinea?
- The lowest recorded value was 0.4% in 1994.
- How does Equatorial Guinea rank for military expenditure?
- Equatorial Guinea ranks 90th out of 161 countries with data for 2024.
- Is military expenditure rising or falling in Equatorial Guinea?
- Over the last ten years it is up 94.6%. The long-run trend across the full record is rising.
- 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 general government expenditure). Statizoid updates them automatically from the source API.
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About this data
Military expenditure expressed as a percentage of general government expenditure