Military expenditure in dollars — all countries

Military expenditure in dollars — Guinea-Bissau

Military expenditure in dollars in Guinea-Bissau in 2023 — 25,292,392 US$. Ranked 145 in the world out of 153. Since 1982, the indicator has risen by 168.8%.

2023 25.29M US$ +3.07% vs 2022
World rank 145of 153
Period maximum 25.67M US$2021
Period minimum 1.82M US$1997

Trend over time

1982–2023 · US$

Military expenditure in dollars — Guinea-Bissau, 1982–2023010M20M30M1982198719921997200220072012201720221982: 9,407,752 US$1983: 18,064,755 US$1984: 6,465,129 US$1985: 4,652,567 US$1986: 6,128,820 US$1987: 3,883,662 US$1989: 4,434,725 US$1994: 2,016,729 US$1995: 2,211,920 US$1996: 1,897,744 US$1997: 1,817,811 US$1998: 2,900,236 US$2000: 9,531,361 US$2001: 6,183,164 US$2002: 6,363,094 US$2003: 7,505,162 US$2005: 12,116,375 US$2009: 13,744,584 US$2010: 17,129,808 US$2011: 17,519,804 US$2012: 24,491,751 US$2013: 21,710,793 US$2014: 21,470,831 US$2015: 17,036,957 US$2016: 15,730,078 US$2017: 19,021,935 US$2018: 21,198,429 US$2019: 22,571,242 US$2020: 24,165,899 US$2021: 25,673,740 US$2022: 24,538,678 US$2023: 25,292,392 US$
Change over the period: +15.88M (+168.85%) Average annual rate: 2.44 %

Comparison, 2023

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

Guinea-Bissau 25.29M US$
World 2.39T US$
Sub-Saharan Africa 23.16B US$
Western Africa computed 7.82B US$
Low-income countries computed 8.18B US$
Military expenditure in dollars — Guinea-Bissau, by year Guinea-Bissau All countries CSV XLSX
Year US$ Change Change, %
2023 25.29M +753,714 +3.07%
2022 24.54M −1.14M −4.42%
2021 25.67M +1.51M +6.24%
2020 24.17M +1.59M +7.06%
2019 22.57M +1.37M +6.48%
2018 21.2M +2.18M +11.44%
2017 19.02M +3.29M +20.93%
2016 15.73M −1.31M −7.67%
2015 17.04M −4.43M −20.65%
2014 21.47M −239,961 −1.11%
2013 21.71M −2.78M −11.35%
2012 24.49M +6.97M +39.79%
2011 17.52M +389,996 +2.28%
2010 17.13M +3.39M +24.63%
2009 13.74M
2005 12.12M
2003 7.51M +1.14M +17.95%
2002 6.36M +179,930 +2.91%
2001 6.18M −3.35M −35.13%
2000 9.53M
1998 2.9M +1.08M +59.55%
1997 1.82M −79,933 −4.21%
1996 1.9M −314,176 −14.2%
1995 2.21M +195,191 +9.68%
1994 2.02M
1989 4.43M
1987 3.88M −2.25M −36.63%
1986 6.13M +1.48M +31.73%
1985 4.65M −1.81M −28.04%
1984 6.47M −11.6M −64.21%
1983 18.06M +8.66M +92.02%
1982 9.41M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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