Military spending, annual growth rate in Equatorial Guinea
Equatorial Guinea: Military spending, annual growth rate was -2.77 % change on previous year in 2023. ◆ Volatile
Military spending, annual growth rate in Equatorial Guinea, 1969–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military spending, annual growth rate in Equatorial Guinea is -2.77 % change on previous year, measured in 2023.
Compared with earlier readings it is down 587.5% on the previous year and down 151.0% over ten years.
Over the whole period, military spending, annual growth rate in Equatorial Guinea peaked at 87.46 % change on previous year in 2007 and was at its lowest, -49.55 % change on previous year, in 2010.
Equatorial Guinea ranks 162nd of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, annual growth rate in Equatorial Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | -0.387 % change on previous year | — |
| 1970 | -6.11 % change on previous year | +1480.0% |
| 1971 | -19.08 % change on previous year | +212.0% |
| 1972 | -7.31 % change on previous year | -61.7% |
| 1973 | -16.51 % change on previous year | +125.9% |
| 1974 | -9.86 % change on previous year | -40.3% |
| 1975 | -7.82 % change on previous year | -20.7% |
| 1976 | -5.1 % change on previous year | -34.7% |
| 1977 | -12.45 % change on previous year | +144.0% |
| 1978 | -11.27 % change on previous year | -9.4% |
| 1979 | -14.01 % change on previous year | +24.3% |
| 1980 | -19.18 % change on previous year | +36.9% |
| 1981 | -3.08 % change on previous year | -83.9% |
| 1982 | 38.23 % change on previous year | -1340.7% |
| 1983 | -8.27 % change on previous year | -121.6% |
| 1984 | -8.11 % change on previous year | -2.0% |
| 1985 | -8.36 % change on previous year | +3.1% |
| 1986 | 0.3564 % change on previous year | -104.3% |
| 1987 | -5.64 % change on previous year | -1682.7% |
| 1988 | -3.25 % change on previous year | -42.4% |
| 1989 | -7.02 % change on previous year | +115.9% |
| 1990 | -6.03 % change on previous year | -14.0% |
| 1991 | -4.48 % change on previous year | -25.7% |
| 1992 | -0.4489 % change on previous year | -90.0% |
| 1993 | -3.5 % change on previous year | +680.6% |
| 1994 | -7.93 % change on previous year | +126.3% |
| 1995 | 2.27 % change on previous year | -128.6% |
| 1996 | -0.8281 % change on previous year | -136.5% |
| 1997 | 63.84 % change on previous year | -7809.4% |
| 1998 | 29.97 % change on previous year | -53.1% |
| 1999 | 2.74 % change on previous year | -90.9% |
| 2000 | -21.29 % change on previous year | -877.3% |
| 2001 | -5.13 % change on previous year | -75.9% |
| 2002 | 8.52 % change on previous year | -266.0% |
| 2003 | 4.87 % change on previous year | -42.8% |
| 2004 | 17.4 % change on previous year | +257.2% |
| 2005 | 0.9943 % change on previous year | -94.3% |
| 2006 | 15.42 % change on previous year | +1451.2% |
| 2007 | 87.46 % change on previous year | +467.1% |
| 2008 | 26.08 % change on previous year | -70.2% |
| 2009 | -5.85 % change on previous year | -122.4% |
| 2010 | -49.55 % change on previous year | +747.5% |
| 2011 | -19.66 % change on previous year | -60.3% |
| 2012 | -0.6135 % change on previous year | -96.9% |
| 2013 | 5.42 % change on previous year | -984.0% |
| 2015 | -1.15 % change on previous year | -121.2% |
| 2016 | -0.7525 % change on previous year | -34.6% |
| 2017 | -1.99 % change on previous year | +165.0% |
| 2018 | 2.72 % change on previous year | -236.4% |
| 2019 | 13.88 % change on previous year | +410.2% |
| 2020 | 2.98 % change on previous year | -78.6% |
| 2021 | -0.5067 % change on previous year | -117.0% |
| 2022 | 0.5677 % change on previous year | -212.0% |
| 2023 | -2.77 % change on previous year | -587.5% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's -2.77 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year. (49 countries reporting)
- Equatorial Guinea's -2.77 % change on previous year is below the median for Sub-Saharan Africa, which is 5.01 % change on previous year. (46 countries reporting)
Biggest year-on-year movements
Years where Military spending, annual growth rate in Equatorial Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +7809.4% | -0.8281 % change on previous year | 63.84 % change on previous year |
| 1987 | -1682.7% | 0.3564 % change on previous year | -5.64 % change on previous year |
| 1970 | -1480.0% | -0.387 % change on previous year | -6.11 % change on previous year |
| 2006 | +1451.2% | 0.9943 % change on previous year | 15.42 % change on previous year |
| 1982 | +1340.7% | -3.08 % change on previous year | 38.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.387 % change on previous year | -0.387 % change on previous year | -0.387 % change on previous year | 1 |
| 1970s | -10.95 % change on previous year | -19.08 % change on previous year | -5.1 % change on previous year | 10 |
| 1980s | -2.43 % change on previous year | -19.18 % change on previous year | 38.23 % change on previous year | 10 |
| 1990s | 7.56 % change on previous year | -7.93 % change on previous year | 63.84 % change on previous year | 10 |
| 2000s | 12.85 % change on previous year | -21.29 % change on previous year | 87.46 % change on previous year | 10 |
| 2010s | -5.74 % change on previous year | -49.55 % change on previous year | 13.88 % change on previous year | 9 |
| 2020s | 0.0672 % change on previous year | -2.77 % change on previous year | 2.98 % change on previous year | 4 |
Countries ranked near Equatorial Guinea
- 159 Barbados -1.17 % change on previous year compare
- 160 Sri Lanka -2.14 % change on previous year compare
- 161 Bahamas -2.17 % change on previous year compare
- 163 Laos -3.1 % change on previous year compare
- 164 Turkmenistan -3.58 % change on previous year compare
- 165 Egypt -3.61 % change on previous year compare
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0013 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0083 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0042 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0316 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0402 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0358 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
Frequently asked questions
- What is military spending, annual growth rate in Equatorial Guinea?
- Military spending, annual growth rate in Equatorial Guinea was -2.77 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in Equatorial Guinea?
- The highest recorded value was 87.46 % change on previous year in 2007.
- What is the lowest military spending, annual growth rate recorded in Equatorial Guinea?
- The lowest recorded value was -49.55 % change on previous year in 2010.
- How does Equatorial Guinea rank for military spending, annual growth rate?
- Equatorial Guinea ranks 162nd out of 172 countries with data for 2023.
- Is military spending, annual growth rate rising or falling in Equatorial Guinea?
- Over the last ten years it is down 151.0%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
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.