Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Equatorial Guinea's military expenditure stands at 0.9822% as of 2024-12-31, down from 1.52% in 2023. Historical data runs from 1994 to 2024 (16 observations).
In 2024, Equatorial Guinea's military expenditure was 0.9822%, down from 1.52% in 2023.
In 2023, Equatorial Guinea's military expenditure was 1.52%, up from 1.3% in 2022.
In 2022, Equatorial Guinea's military expenditure was 1.3%, down from 1.35% in 2021.
In 2021, Equatorial Guinea's military expenditure was 1.35%, down from 1.64% in 2020.
In 2020, Equatorial Guinea's military expenditure was 1.64%, up from 1.31% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 0.9822% | -0.5365% |
| 2023 | 1.52% | +0.2155% |
| 2022 | 1.3% | -0.0421% |
| 2021 | 1.35% | -0.2955% |
| 2020 | 1.64% | +0.3328% |
| 2019 | 1.31% | +0.166% |
| 2018 | 1.14% | +0.0131% |
| 2017 | 1.13% | -0.1106% |
| 2016 | 1.24% | +0.1981% |
| 2015 | 1.04% | +0.2753% |
| 2014 | 0.7662% | -1.71% |
| 2009 | 2.47% | +0.9926% |
| 2008 | 1.48% | -0.0195% |
| 2007 | 1.5% | -0.5438% |
| 1995 | 2.05% | +0.0592% |
| 1994 | 1.99% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Equatorial Guinea's military expenditure is 0.9822% as of 2024-12-31, compared with 1.52% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 2.47% (2009); the lowest is 0.7662% (2014), across data from 1994 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.