Equatorial Guinea vs Sri Lanka: Military spending, annual growth rate

Equatorial Guinea
-2.77 % change on previous year
in 2023
Sri Lanka
-2.14 % change on previous year
in 2023
Equatorial Guinea rank
162nd
Sri Lanka rank
160th

Military spending, annual growth rate over time

  • Equatorial Guinea
  • Sri Lanka
-50050100150194919862023

How they compare

Sri Lanka currently reports -2.14 % change on previous year against -2.77 % change on previous year in Equatorial Guinea, a difference of 0.63 % change on previous year.

The two have swapped places 14 times across 54 shared years of data; in 1969 it was Sri Lanka ahead.

Equatorial Guinea ranks 162nd and Sri Lanka ranks 160th of 172 countries.

Across the 7 decades both report, Equatorial Guinea averaged higher in 2 and Sri Lanka in 5.

Head to head by decade

Decade Equatorial Guinea Sri Lanka Difference Ahead
1960s -0.387 % change on previous year 0.4188 % change on previous year 0.8058 % change on previous year Sri Lanka
1970s -10.95 % change on previous year 6.72 % change on previous year 17.67 % change on previous year Sri Lanka
1980s -2.43 % change on previous year 20.15 % change on previous year 22.58 % change on previous year Sri Lanka
1990s 7.56 % change on previous year 9.06 % change on previous year 1.5 % change on previous year Sri Lanka
2000s 12.85 % change on previous year 7.14 % change on previous year 5.71 % change on previous year Equatorial Guinea
2010s -5.74 % change on previous year 1.52 % change on previous year 7.26 % change on previous year Sri Lanka
2020s 0.0672 % change on previous year -7.51 % change on previous year 7.58 % change on previous year Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, annual growth rate, Equatorial Guinea or Sri Lanka?
Sri Lanka, at -2.14 % change on previous year against -2.77 % change on previous year in Equatorial Guinea as of 2023.
What is the difference in military spending, annual growth rate between Equatorial Guinea and Sri Lanka?
0.63 % change on previous year, with Sri Lanka ahead.
How many years of comparable data are there for Equatorial Guinea and Sri Lanka?
54 years are reported by both, from 1969 to 2023.
How do Equatorial Guinea and Sri Lanka rank globally for military spending, annual growth rate?
Equatorial Guinea ranks 162nd and Sri Lanka ranks 160th of 172 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Equatorial Guinea vs Sri Lanka: Military spending, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-annual-growth-rate-2/equatorial-guinea/sri-lanka/

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About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.