Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Equatorial Guinea

Military expenditure (% of GDP) in Equatorial Guinea in 2024 — 0.98%. Ranked 109 in the world out of 147. Since 1994, the indicator has fallen by 1 pp.

2024 0.98% −0.54 pp vs 2023
World rank 109of 147
Period maximum 2.47%2009
Period minimum 0.77%2014

Trend over time

1994–2024 · % of GDP

Military expenditure (% of GDP) — Equatorial Guinea, 1994–20240123199419972000200320062009201220152018202120241994: 1.99%1995: 2.05%2007: 1.5%2008: 1.48%2009: 2.47%2014: 0.77%2015: 1.04%2016: 1.24%2017: 1.13%2018: 1.14%2019: 1.31%2020: 1.64%2021: 1.35%2022: 1.3%2023: 1.52%2024: 0.98%
Change over the period: −1 pp Annual average: -0.03 pp

Comparison, 2024

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

Equatorial Guinea 0.98%
World 2.47%
Middle Africa computed 1.25%
Military expenditure (% of GDP) — Equatorial Guinea, by year Equatorial Guinea All countries CSV XLSX
Year % Change, pp
2024 0.98 −0.54 pp
2023 1.52 +0.22 pp
2022 1.3 −0.04 pp
2021 1.35 −0.3 pp
2020 1.64 +0.33 pp
2019 1.31 +0.17 pp
2018 1.14 +0.01 pp
2017 1.13 −0.11 pp
2016 1.24 +0.2 pp
2015 1.04 +0.28 pp
2014 0.77
2009 2.47 +0.99 pp
2008 1.48 −0.02 pp
2007 1.5
1995 2.05 +0.06 pp
1994 1.99

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

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