Military spending, annual growth rate in Guinea
Guinea: Military spending, annual growth rate was 14.88 % change on previous year in 2023. ◆ Volatile
Latest (2023)
14.88 % change on previous year
Change on year
down 45.7%
World rank
17th
of 172 countries
All-time high
101.18 % change on previous year
in 1976
All-time low
-36.65 % change on previous year
in 2005
Years of data
65
1959–2023
Military spending, annual growth rate in Guinea, 1959–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, military spending, annual growth rate in Guinea stood at 14.88 % change on previous year.
Compared with earlier readings it is down 45.7% on the previous year and down 34.4% over ten years.
Over the whole period, military spending, annual growth rate in Guinea peaked at 101.18 % change on previous year in 1976 and was at its lowest, -36.65 % change on previous year, in 2005.
Guinea ranks 17th of 172 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, annual growth rate in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1959 | -6.97 % change on previous year | — |
| 1960 | -2.18 % change on previous year | -68.8% |
| 1961 | 21.73 % change on previous year | -1099.1% |
| 1962 | 22.82 % change on previous year | +5.0% |
| 1963 | 9.84 % change on previous year | -56.9% |
| 1964 | 10.09 % change on previous year | +2.6% |
| 1965 | 56.63 % change on previous year | +461.2% |
| 1966 | 15.23 % change on previous year | -73.1% |
| 1967 | 12.08 % change on previous year | -20.7% |
| 1968 | -5.3 % change on previous year | -143.9% |
| 1969 | 2.94 % change on previous year | -155.6% |
| 1970 | 6.42 % change on previous year | +118.2% |
| 1971 | 2.99 % change on previous year | -53.5% |
| 1972 | -5.59 % change on previous year | -287.2% |
| 1973 | -16.88 % change on previous year | +201.9% |
| 1974 | -11.8 % change on previous year | -30.1% |
| 1975 | -5.42 % change on previous year | -54.1% |
| 1976 | 101.18 % change on previous year | -1968.1% |
| 1977 | 59.85 % change on previous year | -40.9% |
| 1978 | -2.9 % change on previous year | -104.8% |
| 1979 | -10.43 % change on previous year | +259.7% |
| 1980 | -19.42 % change on previous year | +86.3% |
| 1981 | -7.5 % change on previous year | -61.4% |
| 1982 | -4.88 % change on previous year | -34.9% |
| 1983 | -12.25 % change on previous year | +150.9% |
| 1984 | -7.15 % change on previous year | -41.6% |
| 1985 | -11.23 % change on previous year | +57.0% |
| 1986 | -14.09 % change on previous year | +25.5% |
| 1987 | -15.35 % change on previous year | +8.9% |
| 1988 | -16.97 % change on previous year | +10.6% |
| 1989 | -1.74 % change on previous year | -89.7% |
| 1990 | 6.91 % change on previous year | -496.3% |
| 1991 | 20.35 % change on previous year | +194.6% |
| 1992 | 12.56 % change on previous year | -38.3% |
| 1993 | 2.31 % change on previous year | -81.6% |
| 1994 | 0.3198 % change on previous year | -86.1% |
| 1995 | 0.3816 % change on previous year | +19.3% |
| 1996 | -4.09 % change on previous year | -1170.6% |
| 1997 | 6.72 % change on previous year | -264.6% |
| 1998 | 2.75 % change on previous year | -59.1% |
| 1999 | 3.15 % change on previous year | +14.5% |
| 2000 | -16.65 % change on previous year | -628.7% |
| 2001 | 51.39 % change on previous year | -408.6% |
| 2002 | 11.39 % change on previous year | -77.8% |
| 2003 | -2.99 % change on previous year | -126.3% |
| 2004 | -1.96 % change on previous year | -34.4% |
| 2005 | -36.65 % change on previous year | +1768.6% |
| 2006 | -25.68 % change on previous year | -29.9% |
| 2007 | 9.71 % change on previous year | -137.8% |
| 2008 | 2.42 % change on previous year | -75.0% |
| 2009 | 13.37 % change on previous year | +451.5% |
| 2010 | -8.64 % change on previous year | -164.6% |
| 2011 | -5.37 % change on previous year | -37.9% |
| 2012 | 66.89 % change on previous year | -1346.6% |
| 2013 | 22.67 % change on previous year | -66.1% |
| 2014 | 53.4 % change on previous year | +135.6% |
| 2015 | 11.51 % change on previous year | -78.4% |
| 2016 | -7.32 % change on previous year | -163.6% |
| 2017 | 15.19 % change on previous year | -307.6% |
| 2018 | 3.5 % change on previous year | -77.0% |
| 2019 | 8.61 % change on previous year | +145.9% |
| 2020 | 6.61 % change on previous year | -23.3% |
| 2021 | 20.54 % change on previous year | +211.0% |
| 2022 | 27.4 % change on previous year | +33.4% |
| 2023 | 14.88 % change on previous year | -45.7% |
Guinea compared with similar countries
- Guinea's 14.88 % change on previous year is above the median for lower middle income countries, which is 4.39 % change on previous year, 3.4× the median. (42 countries reporting)
- Guinea's 14.88 % change on previous year is above the median for Sub-Saharan Africa, which is 5.01 % change on previous year, 3.0× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military spending, annual growth rate in 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 |
|---|---|---|---|
| 1976 | +1968.1% | -5.42 % change on previous year | 101.18 % change on previous year |
| 2005 | -1768.6% | -1.96 % change on previous year | -36.65 % change on previous year |
| 2012 | +1346.6% | -5.37 % change on previous year | 66.89 % change on previous year |
| 1996 | -1170.6% | 0.3816 % change on previous year | -4.09 % change on previous year |
| 1961 | +1099.1% | -2.18 % change on previous year | 21.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | -6.97 % change on previous year | -6.97 % change on previous year | -6.97 % change on previous year | 1 |
| 1960s | 14.39 % change on previous year | -5.3 % change on previous year | 56.63 % change on previous year | 10 |
| 1970s | 11.74 % change on previous year | -16.88 % change on previous year | 101.18 % change on previous year | 10 |
| 1980s | -11.06 % change on previous year | -19.42 % change on previous year | -1.74 % change on previous year | 10 |
| 1990s | 5.14 % change on previous year | -4.09 % change on previous year | 20.35 % change on previous year | 10 |
| 2000s | 0.4353 % change on previous year | -36.65 % change on previous year | 51.39 % change on previous year | 10 |
| 2010s | 16.05 % change on previous year | -8.64 % change on previous year | 66.89 % change on previous year | 10 |
| 2020s | 17.36 % change on previous year | 6.61 % change on previous year | 27.4 % change on previous year | 4 |
Countries ranked near Guinea
- 14 Denmark 16.87 % change on previous year compare
- 15 Israel 15.96 % change on previous year compare
- 16 Benin 15.79 % change on previous year compare
- 18 Uruguay 14.06 % change on previous year compare
- 19 Spain 13.86 % change on previous year compare
- 20 Mozambique 13.28 % change on previous year compare
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is military spending, annual growth rate in Guinea?
- Military spending, annual growth rate in Guinea was 14.88 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in Guinea?
- The highest recorded value was 101.18 % change on previous year in 1976.
- What is the lowest military spending, annual growth rate recorded in Guinea?
- The lowest recorded value was -36.65 % change on previous year in 2005.
- How does Guinea rank for military spending, annual growth rate?
- Guinea ranks 17th out of 172 countries with data for 2023.
- Is military spending, annual growth rate rising or falling in Guinea?
- Over the last ten years it is down 34.4%. The long-run trend across the full record is volatile.
- Where does this 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 — 65 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.