Equatorial Guinea vs Rwanda: Military spending

Equatorial Guinea
195.85 million constant 2022 US$
in 2023
Rwanda
218.10 million constant 2022 US$
in 2023
Equatorial Guinea rank
134th
Rwanda rank
133rd

Military spending over time

  • Equatorial Guinea
  • Rwanda
050.0M100.0M150.0M200.0M196219922023

How they compare

Rwanda currently reports 218.10 million constant 2022 US$ against 195.85 million constant 2022 US$ in Equatorial Guinea, a difference of 22.25 million constant 2022 US$.

That makes Rwanda's figure about 1.1 times Equatorial Guinea's.

The two have swapped places 2 times across 56 shared years of data; in 1968 it was Rwanda ahead.

Equatorial Guinea ranks 134th and Rwanda ranks 133rd of 172 countries.

Across the 7 decades both report, Equatorial Guinea averaged higher in 1 and Rwanda in 6.

Head to head by decade

Decade Equatorial Guinea Rwanda Difference Ahead
1960s 24.71 million constant 2022 US$ 26.45 million constant 2022 US$ 1.74 million constant 2022 US$ Rwanda
1970s 13.68 million constant 2022 US$ 36.29 million constant 2022 US$ 22.61 million constant 2022 US$ Rwanda
1980s 6.51 million constant 2022 US$ 61.21 million constant 2022 US$ 54.70 million constant 2022 US$ Rwanda
1990s 5.88 million constant 2022 US$ 145.36 million constant 2022 US$ 139.48 million constant 2022 US$ Rwanda
2000s 13.30 million constant 2022 US$ 93.56 million constant 2022 US$ 80.26 million constant 2022 US$ Rwanda
2010s 109.35 million constant 2022 US$ 112.84 million constant 2022 US$ 3.49 million constant 2022 US$ Rwanda
2020s 199.72 million constant 2022 US$ 195.85 million constant 2022 US$ 3.87 million constant 2022 US$ Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Equatorial Guinea or Rwanda?
Rwanda, at 218.10 million constant 2022 US$ against 195.85 million constant 2022 US$ in Equatorial Guinea as of 2023.
What is the difference in military spending between Equatorial Guinea and Rwanda?
22.25 million constant 2022 US$, with Rwanda ahead.
How many years of comparable data are there for Equatorial Guinea and Rwanda?
56 years are reported by both, from 1968 to 2023.
How do Equatorial Guinea and Rwanda rank globally for military spending?
Equatorial Guinea ranks 134th and Rwanda ranks 133rd of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Equatorial Guinea vs Rwanda: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/equatorial-guinea/rwanda/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.