Guyana: Military expenditure (% of GDP)
In , Guyana's Military expenditure (% of GDP) was 0.87.
That's up 35.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Guyana ranks #119 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #15 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 1.41
- Trough
- 0.60
- 1-year change
- +35.6%
- 5-year change
- -33.2%
- -7.8% / yr
- 10-year change
- -8.8%
- -0.9% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.8682 | |
| 0.6404 | |
| 0.6014 | |
| 0.9549 | |
| 1.4026 | |
| 1.2996 | |
| 1.2908 | |
| 1.2533 | |
| 1.1541 | |
| 1.0849 |
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 Guyana's Military expenditure (% of GDP) in 2024?
- In 2024, Guyana's Military expenditure (% of GDP) was 0.87, according to World Bank Open Data.
- Is Guyana's Military expenditure (% of GDP) rising or falling?
- Guyana's Military expenditure (% of GDP) rose 35.6% from 2023 to 2024.
- How does Guyana rank globally on Military expenditure (% of GDP)?
- In 2024, Guyana ranked #119 out of 147 countries reporting Military expenditure (% of GDP).
- How does Guyana's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Guyana is below the world average. Within Latin America & Caribbean, it ranks #15 of 20.
- 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.