Military spending, annual growth rate in Guinea-Bissau

Guinea-Bissau: Military spending, annual growth rate was 1.66 % change on previous year in 2023. ◆ Volatile

Latest (2023)
1.66 % change on previous year
Change on year
up 316.9%
World rank
139th
of 172 countries
All-time high
87.39 % change on previous year
in 1977
All-time low
-35.49 % change on previous year
in 1984
Years of data
49
1975–2023

Military spending, annual growth rate in Guinea-Bissau, 1975–2023

-250255075197519992023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, military spending, annual growth rate in Guinea-Bissau stood at 1.66 % change on previous year.

Compared with earlier readings it is up 316.9% on the previous year and up 154.1% over ten years.

Over the whole period, military spending, annual growth rate in Guinea-Bissau peaked at 87.39 % change on previous year in 1977 and was at its lowest, -35.49 % change on previous year, in 1984.

Guinea-Bissau ranks 139th 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 Guinea-Bissau, year by year

Annual values for Military spending, annual growth rate in Guinea-Bissau, 1975 to 2023.
Year % change on previous year Change
1975 74.32 % change on previous year
1976 60.71 % change on previous year -18.3%
1977 87.39 % change on previous year +44.0%
1978 7.62 % change on previous year -91.3%
1979 -0.8537 % change on previous year -111.2%
1980 2.04 % change on previous year -338.6%
1981 -2.92 % change on previous year -243.6%
1982 18.75 % change on previous year -741.0%
1983 21.88 % change on previous year +16.7%
1984 -35.49 % change on previous year -262.2%
1985 -8.7 % change on previous year -75.5%
1986 -21.35 % change on previous year +145.4%
1987 -16.32 % change on previous year -23.5%
1988 -0.8574 % change on previous year -94.7%
1989 4.03 % change on previous year -570.4%
1990 -0.7941 % change on previous year -119.7%
1991 -1.28 % change on previous year +61.7%
1992 6.26 % change on previous year -587.9%
1993 -9.12 % change on previous year -245.6%
1994 -11.14 % change on previous year +22.1%
1995 -4.78 % change on previous year -57.1%
1996 -3.4 % change on previous year -28.7%
1997 -1.55 % change on previous year -54.4%
1998 -16.42 % change on previous year +957.8%
1999 43.69 % change on previous year -366.0%
2000 -4.47 % change on previous year -110.2%
2001 -3.62 % change on previous year -19.1%
2002 17.6 % change on previous year -586.2%
2003 19.69 % change on previous year +11.8%
2004 16.75 % change on previous year -14.9%
2005 17.78 % change on previous year +6.1%
2006 12.78 % change on previous year -28.1%
2007 8.92 % change on previous year -30.2%
2008 7.85 % change on previous year -11.9%
2009 -7.03 % change on previous year -189.5%
2010 25.27 % change on previous year -459.5%
2011 -0.2534 % change on previous year -101.0%
2012 13.41 % change on previous year -5394.6%
2013 -3.08 % change on previous year -122.9%
2014 -7.62 % change on previous year +147.6%
2015 -1.8 % change on previous year -76.3%
2016 -6.05 % change on previous year +235.3%
2017 12.87 % change on previous year -312.7%
2018 5.5 % change on previous year -57.2%
2019 7.93 % change on previous year +44.2%
2020 4.61 % change on previous year -41.9%
2021 -1.16 % change on previous year -125.2%
2022 -0.7666 % change on previous year -34.1%
2023 1.66 % change on previous year -316.9%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 1.66 % change on previous year is below the median for low income countries, which is 7.99 % change on previous year, 21% of the median. (25 countries reporting)
  • Guinea-Bissau's 1.66 % change on previous year is below the median for Sub-Saharan Africa, which is 5.01 % change on previous year, 33% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Guinea-Bissau 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.

YearChange FromTo
2012 +5394.6% -0.2534 % change on previous year 13.41 % change on previous year
1998 -957.8% -1.55 % change on previous year -16.42 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 45.83 % change on previous year -0.8537 % change on previous year 87.39 % change on previous year 5
1980s -3.89 % change on previous year -35.49 % change on previous year 21.88 % change on previous year 10
1990s 0.1463 % change on previous year -16.42 % change on previous year 43.69 % change on previous year 10
2000s 8.62 % change on previous year -7.03 % change on previous year 19.69 % change on previous year 10
2010s 4.62 % change on previous year -7.62 % change on previous year 25.27 % change on previous year 10
2020s 1.09 % change on previous year -1.16 % change on previous year 4.61 % change on previous year 4

Countries ranked near Guinea-Bissau

  1. 136 Australia 1.79 % change on previous year compare
  2. 137 Maldives 1.79 % change on previous year compare
  3. 138 Indonesia 1.67 % change on previous year compare
  4. 140 Uzbekistan 1.65 % change on previous year compare
  5. 141 Greece 1.48 % change on previous year compare
  6. 142 Bhutan 1.41 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is military spending, annual growth rate in Guinea-Bissau?
Military spending, annual growth rate in Guinea-Bissau was 1.66 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Guinea-Bissau?
The highest recorded value was 87.39 % change on previous year in 1977.
What is the lowest military spending, annual growth rate recorded in Guinea-Bissau?
The lowest recorded value was -35.49 % change on previous year in 1984.
How does Guinea-Bissau rank for military spending, annual growth rate?
Guinea-Bissau ranks 139th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Guinea-Bissau?
Over the last ten years it is up 154.1%. The long-run trend across the full record is volatile.
Where does this Guinea-Bissau 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.

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CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.

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Military spending, annual growth rate in Guinea-Bissau. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/guinea-bissau/

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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

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

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.