Equatorial Guinea vs Montenegro: Military spending, per unit of GDP

Equatorial Guinea
0.0156 constant 2022 US$ per US$ of GDP
in 2023
Montenegro
0.0158 constant 2022 US$ per US$ of GDP
in 2023
Equatorial Guinea rank
95th
Montenegro rank
93rd

Military spending, per unit of GDP over time

  • Equatorial Guinea
  • Montenegro
00.10.20.30.4196819952023

How they compare

Montenegro currently reports 0.0158 constant 2022 US$ per US$ of GDP against 0.0156 constant 2022 US$ per US$ of GDP in Equatorial Guinea, a difference of 0.0002 constant 2022 US$ per US$ of GDP.

Across all 18 years both countries report, Montenegro has been ahead every year.

Equatorial Guinea ranks 95th and Montenegro ranks 93rd of 170 countries.

Montenegro has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Equatorial Guinea Montenegro Difference Ahead
2000s 0.0014 constant 2022 US$ per US$ of GDP 0.0214 constant 2022 US$ per US$ of GDP 0.02 constant 2022 US$ per US$ of GDP Montenegro
2010s 0.0082 constant 2022 US$ per US$ of GDP 0.0181 constant 2022 US$ per US$ of GDP 0.0099 constant 2022 US$ per US$ of GDP Montenegro
2020s 0.0168 constant 2022 US$ per US$ of GDP 0.0186 constant 2022 US$ per US$ of GDP 0.0019 constant 2022 US$ per US$ of GDP Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Equatorial Guinea or Montenegro?
Montenegro, at 0.0158 constant 2022 US$ per US$ of GDP against 0.0156 constant 2022 US$ per US$ of GDP in Equatorial Guinea as of 2023.
What is the difference in military spending, per unit of gdp between Equatorial Guinea and Montenegro?
0.0002 constant 2022 US$ per US$ of GDP, with Montenegro ahead.
How many years of comparable data are there for Equatorial Guinea and Montenegro?
18 years are reported by both, from 2006 to 2023.
How do Equatorial Guinea and Montenegro rank globally for military spending, per unit of gdp?
Equatorial Guinea ranks 95th and Montenegro ranks 93rd of 170 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Equatorial Guinea vs Montenegro: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp-2/equatorial-guinea/montenegro/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.