Guinea-Bissau vs Liberia: Military spending

Guinea-Bissau
29.97 million constant 2022 US$
in 2023
Liberia
39.49 million constant 2022 US$
in 2023
Guinea-Bissau rank
163rd
Liberia rank
160th

Military spending over time

  • Guinea-Bissau
  • Liberia
020.0M40.0M60.0M80.0M192019712023

How they compare

Liberia currently reports 39.49 million constant 2022 US$ against 29.97 million constant 2022 US$ in Guinea-Bissau, a difference of 9.52 million constant 2022 US$.

That makes Liberia's figure about 1.3 times Guinea-Bissau's.

The two have swapped places 2 times across 50 shared years of data; in 1974 it was Liberia ahead.

Guinea-Bissau ranks 163rd and Liberia ranks 160th of 172 countries.

Across the 6 decades both report, Guinea-Bissau averaged higher in 1 and Liberia in 5.

Head to head by decade

Decade Guinea-Bissau Liberia Difference Ahead
1970s 10.89 million constant 2022 US$ 21.94 million constant 2022 US$ 11.04 million constant 2022 US$ Liberia
1980s 14.50 million constant 2022 US$ 68.13 million constant 2022 US$ 53.63 million constant 2022 US$ Liberia
1990s 8.26 million constant 2022 US$ 54.80 million constant 2022 US$ 46.53 million constant 2022 US$ Liberia
2000s 14.18 million constant 2022 US$ 14.26 million constant 2022 US$ 73,103 constant 2022 US$ Liberia
2010s 25.20 million constant 2022 US$ 19.30 million constant 2022 US$ 5.90 million constant 2022 US$ Guinea-Bissau
2020s 29.80 million constant 2022 US$ 32.06 million constant 2022 US$ 2.26 million constant 2022 US$ Liberia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Guinea-Bissau or Liberia?
Liberia, at 39.49 million constant 2022 US$ against 29.97 million constant 2022 US$ in Guinea-Bissau as of 2023.
What is the difference in military spending between Guinea-Bissau and Liberia?
9.52 million constant 2022 US$, with Liberia ahead.
How many years of comparable data are there for Guinea-Bissau and Liberia?
50 years are reported by both, from 1974 to 2023.
How do Guinea-Bissau and Liberia rank globally for military spending?
Guinea-Bissau ranks 163rd and Liberia ranks 160th 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.

Individual pages

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.