Military expenditure share of the budget — all countries

Military expenditure share of the budget — Equatorial Guinea

Military expenditure share of the budget in Equatorial Guinea in 2024 — 4.72%. Ranked 75 in the world out of 144. Since 1994, the indicator has risen by 4.33 pp.

2024 4.72% −2.11 pp vs 2023
World rank 75of 144
Period maximum 10.48%2021
Period minimum 0.39%1994

Trend over time

1994–2024 · % of government expenditure

Military expenditure share of the budget — Equatorial Guinea, 1994–2024051015199419972000200320062009201220152018202120241994: 0.39%1995: 1.45%2007: 7.63%2008: 7.45%2009: 6.21%2014: 2.42%2015: 2.51%2016: 4.46%2017: 5.63%2018: 5.9%2019: 7.79%2020: 10.15%2021: 10.48%2022: 7.74%2023: 6.83%2024: 4.72%
Change over the period: +4.33 pp Annual average: 0.14 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Equatorial Guinea

Equatorial Guinea 4.72%
World 6.75%
Middle Africa computed 6.39%
Military expenditure share of the budget — Equatorial Guinea, by year Equatorial Guinea All countries CSV XLSX
Year % Change, pp
2024 4.72 −2.11 pp
2023 6.83 −0.91 pp
2022 7.74 −2.75 pp
2021 10.48 +0.33 pp
2020 10.15 +2.36 pp
2019 7.79 +1.89 pp
2018 5.9 +0.28 pp
2017 5.63 +1.17 pp
2016 4.46 +1.95 pp
2015 2.51 +0.08 pp
2014 2.42
2009 6.21 −1.24 pp
2008 7.45 −0.18 pp
2007 7.63
1995 1.45 +1.06 pp
1994 0.39

About the indicator

Military expenditure as a percent of total general government expenditure. Unlike the share of GDP it shows priorities inside the budget: a country can spend little on defense as a percent of GDP, yet with a small state that will be a substantial part of all government spending — and the other way round.

Important: The aggregate for country groups is weighted by government consumption in dollars: it makes up about two thirds of all budget spending, and the source does not publish budget expenditure in absolute terms.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.