Equatorial Guinea: Military expenditure (% of GDP)
In , Equatorial Guinea's Military expenditure (% of GDP) was 0.98.
That's down 35.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Equatorial Guinea ranks #109 globally out of 147 reporting countries. Within Sub-Saharan Africa, it ranks #30 of 43.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2007–2024)
Highlights
- Peak
- 2.47
- Trough
- 0.77
- 1-year change
- -35.3%
- 5-year change
- -24.9%
- -5.6% / yr
- 10-year change
- +28.2%
- +2.5% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.9822 | |
| 1.5187 | |
| 1.3032 | |
| 1.3453 | |
| 1.6408 | |
| 1.3081 | |
| 1.1421 | |
| 1.1289 | |
| 1.2395 | |
| 1.0414 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Equatorial Guinea's Military expenditure (% of GDP) in 2024?
- In 2024, Equatorial Guinea's Military expenditure (% of GDP) was 0.98, according to World Bank Open Data.
- Is Equatorial Guinea's Military expenditure (% of GDP) rising or falling?
- Equatorial Guinea's Military expenditure (% of GDP) fell 35.3% from 2023 to 2024.
- How does Equatorial Guinea rank globally on Military expenditure (% of GDP)?
- In 2024, Equatorial Guinea ranked #109 out of 147 countries reporting Military expenditure (% of GDP).
- How does Equatorial Guinea's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #30 of 43.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.