Military spending gmsd in Equatorial Guinea
Equatorial Guinea: Military spending gmsd was 195.85 million in 2023. ◆ Volatile
Latest (2023)
195.85 million
Change on year
down 2.8%
World rank
134th
of 172 countries
All-time high
201.43 million
in 2022
All-time low
4.32 million
in 1994
Years of data
56
1968–2023
Military spending gmsd in Equatorial Guinea, 1968–2023
Source: Our World in Data.
Analysis
Equatorial Guinea recorded 195.85 million for military spending gmsd in 2023.
Compared with earlier readings it is down 2.8% on the previous year and up 1,759.2% over ten years.
Over the whole period, military spending gmsd in Equatorial Guinea peaked at 201.43 million in 2022 and was at its lowest, 4.32 million, in 1994.
Equatorial Guinea ranks 134th 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 gmsd in Equatorial Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1968 | 24.76 million | — |
| 1969 | 24.66 million | -0.4% |
| 1970 | 23.15 million | -6.1% |
| 1971 | 18.74 million | -19.1% |
| 1972 | 17.37 million | -7.3% |
| 1973 | 14.50 million | -16.5% |
| 1974 | 13.07 million | -9.9% |
| 1975 | 12.05 million | -7.8% |
| 1976 | 11.43 million | -5.1% |
| 1977 | 10.01 million | -12.4% |
| 1978 | 8.88 million | -11.3% |
| 1979 | 7.64 million | -14.0% |
| 1980 | 6.17 million | -19.2% |
| 1981 | 5.98 million | -3.1% |
| 1982 | 8.27 million | +38.2% |
| 1983 | 7.58 million | -8.3% |
| 1984 | 6.97 million | -8.1% |
| 1985 | 6.39 million | -8.4% |
| 1986 | 6.41 million | +0.4% |
| 1987 | 6.05 million | -5.6% |
| 1988 | 5.85 million | -3.2% |
| 1989 | 5.44 million | -7.0% |
| 1990 | 5.11 million | -6.0% |
| 1991 | 4.88 million | -4.5% |
| 1992 | 4.86 million | -0.4% |
| 1993 | 4.69 million | -3.5% |
| 1994 | 4.32 million | -7.9% |
| 1995 | 4.42 million | +2.3% |
| 1996 | 4.38 million | -0.8% |
| 1997 | 7.18 million | +63.8% |
| 1998 | 9.33 million | +30.0% |
| 1999 | 9.58 million | +2.7% |
| 2000 | 7.54 million | -21.3% |
| 2001 | 7.16 million | -5.1% |
| 2002 | 7.77 million | +8.5% |
| 2003 | 8.15 million | +4.9% |
| 2004 | 9.56 million | +17.4% |
| 2005 | 9.66 million | +1.0% |
| 2006 | 11.15 million | +15.4% |
| 2007 | 20.90 million | +87.5% |
| 2008 | 26.35 million | +26.1% |
| 2009 | 24.81 million | -5.8% |
| 2010 | 12.51 million | -49.6% |
| 2011 | 10.05 million | -19.7% |
| 2012 | 9.99 million | -0.6% |
| 2013 | 10.53 million | +5.4% |
| 2014 | 173.82 million | +1550.1% |
| 2015 | 171.82 million | -1.2% |
| 2016 | 170.52 million | -0.8% |
| 2017 | 167.12 million | -2.0% |
| 2018 | 171.67 million | +2.7% |
| 2019 | 195.50 million | +13.9% |
| 2020 | 201.31 million | +3.0% |
| 2021 | 200.29 million | -0.5% |
| 2022 | 201.43 million | +0.6% |
| 2023 | 195.85 million | -2.8% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 195.85 million is below the median for upper middle income countries, which is 1.25 billion, 16% of the median. (49 countries reporting)
- Equatorial Guinea's 195.85 million is below the median for Sub-Saharan Africa, which is 350.64 million, 56% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military spending gmsd 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 |
|---|---|---|---|
| 2014 | +1550.1% | 10.53 million | 173.82 million |
| 2007 | +87.5% | 11.15 million | 20.90 million |
| 1997 | +63.8% | 4.38 million | 7.18 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.71 million | 24.66 million | 24.76 million | 2 |
| 1970s | 13.68 million | 7.64 million | 23.15 million | 10 |
| 1980s | 6.51 million | 5.44 million | 8.27 million | 10 |
| 1990s | 5.88 million | 4.32 million | 9.58 million | 10 |
| 2000s | 13.30 million | 7.16 million | 26.35 million | 10 |
| 2010s | 109.35 million | 9.99 million | 195.50 million | 10 |
| 2020s | 199.72 million | 195.85 million | 201.43 million | 4 |
Countries ranked near Equatorial Guinea
- 131 North Macedonia 276.30 million compare
- 132 Bosnia and Herzegovina 230.14 million compare
- 133 Rwanda 218.10 million compare
- 135 Tajikistan 177.78 million compare
- 136 Cuba 155.63 million compare
- 137 Mongolia 153.56 million compare
More reference data data for Equatorial Guinea
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 14.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0402 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 0.0337 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0.5218 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 0.4882 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 0.9434 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 8.36 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 2.11 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1.11 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0316 (2050)
Frequently asked questions
- What is military spending gmsd in Equatorial Guinea?
- Military spending gmsd in Equatorial Guinea was 195.85 million in 2023, according to Our World in Data.
- What is the highest military spending gmsd recorded in Equatorial Guinea?
- The highest recorded value was 201.43 million in 2022.
- What is the lowest military spending gmsd recorded in Equatorial Guinea?
- The lowest recorded value was 4.32 million in 1994.
- How does Equatorial Guinea rank for military spending gmsd?
- Equatorial Guinea ranks 134th out of 172 countries with data for 2023.
- Is military spending gmsd rising or falling in Equatorial Guinea?
- Over the last ten years it is up 1,759.2%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).