Military expenditure in dollars — all countries

Military expenditure in dollars — Guyana

Military expenditure in dollars in Guyana in 2024 — 201,841,559 US$. Ranked 118 in the world out of 151. Since 1973, the indicator has risen by 3,910.5%.

2024 202M US$ +84.04% vs 2023
World rank 118of 151
Period maximum 202M US$2024
Period minimum 2.03M US$1991

Trend over time

1973–2024 · US$

Military expenditure in dollars — Guyana, 1973–20240100M200M300M19731979198519911997200320092015202120241973: 5,032,808 US$1974: 11,136,758 US$1975: 32,436,380 US$1976: 34,000,000 US$1977: 24,274,510 US$1978: 17,333,333 US$1979: 17,176,471 US$1980: 21,882,353 US$1981: 22,400,000 US$1982: 24,710,000 US$1983: 22,100,000 US$1984: 20,740,845 US$1985: 38,971,271 US$1986: 27,829,661 US$1987: 10,619,291 US$1988: 11,020,000 US$1989: 6,023,830 US$1990: 3,589,328 US$1991: 2,031,374 US$1992: 3,625,350 US$1993: 4,436,526 US$1994: 5,485,552 US$1995: 5,691,561 US$1996: 5,558,340 US$2000: 12,585,649 US$2001: 14,371,053 US$2002: 16,652,243 US$2003: 16,345,331 US$2004: 22,132,239 US$2005: 18,506,567 US$2006: 19,176,974 US$2007: 24,971,954 US$2008: 30,520,593 US$2009: 31,055,651 US$2010: 31,075,055 US$2011: 32,416,748 US$2012: 33,542,607 US$2013: 35,163,486 US$2014: 39,280,967 US$2015: 46,430,508 US$2016: 51,562,131 US$2017: 59,510,896 US$2018: 61,745,466 US$2019: 67,206,938 US$2020: 76,541,840 US$2021: 76,544,945 US$2022: 88,198,241 US$2023: 109,674,873 US$2024: 201,841,559 US$
Change over the period: +197M (+3,910.52%) Average annual rate: 7.51 %

Comparison, 2024

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

Guyana 202M US$
World 2.65T US$
South America computed 53.6B US$
Military expenditure in dollars — Guyana, by year Guyana All countries CSV XLSX
Year US$ Change Change, %
2024 202M +92.17M +84.04%
2023 110M +21.48M +24.35%
2022 88.2M +11.65M +15.22%
2021 76.54M +3,105 +0%
2020 76.54M +9.33M +13.89%
2019 67.21M +5.46M +8.85%
2018 61.75M +2.23M +3.75%
2017 59.51M +7.95M +15.42%
2016 51.56M +5.13M +11.05%
2015 46.43M +7.15M +18.2%
2014 39.28M +4.12M +11.71%
2013 35.16M +1.62M +4.83%
2012 33.54M +1.13M +3.47%
2011 32.42M +1.34M +4.32%
2010 31.08M +19,405 +0.06%
2009 31.06M +535,057 +1.75%
2008 30.52M +5.55M +22.22%
2007 24.97M +5.79M +30.22%
2006 19.18M +670,407 +3.62%
2005 18.51M −3.63M −16.38%
2004 22.13M +5.79M +35.4%
2003 16.35M −306,913 −1.84%
2002 16.65M +2.28M +15.87%
2001 14.37M +1.79M +14.19%
2000 12.59M
1996 5.56M −133,220 −2.34%
1995 5.69M +206,009 +3.76%
1994 5.49M +1.05M +23.65%
1993 4.44M +811,176 +22.38%
1992 3.63M +1.59M +78.47%
1991 2.03M −1.56M −43.41%
1990 3.59M −2.43M −40.41%
1989 6.02M −5M −45.34%
1988 11.02M +400,709 +3.77%
1987 10.62M −17.21M −61.84%
1986 27.83M −11.14M −28.59%
1985 38.97M +18.23M +87.9%
1984 20.74M −1.36M −6.15%
1983 22.1M −2.61M −10.56%
1982 24.71M +2.31M +10.31%
1981 22.4M +517,647 +2.37%
1980 21.88M +4.71M +27.4%
1979 17.18M −156,863 −0.9%
1978 17.33M −6.94M −28.59%
1977 24.27M −9.73M −28.6%
1976 34M +1.56M +4.82%
1975 32.44M +21.3M +191.26%
1974 11.14M +6.1M +121.28%
1973 5.03M

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.