Military spending gmsd in Gabon

Gabon: Military spending gmsd was 342.88 million in 2023. ◆ Volatile

Latest (2023)
342.88 million
Change on year
up 4.6%
World rank
123rd
of 172 countries
All-time high
360.11 million
in 2021
All-time low
5.41 million
in 1960
Years of data
64
1960–2023

Military spending gmsd in Gabon, 1960–2023

0100.0M200.0M300.0M400.0M196019912023

Source: Our World in Data.

Analysis

Gabon recorded 342.88 million for military spending gmsd in 2023.

Compared with earlier readings it is up 4.6% on the previous year and up 19.4% over ten years.

Over the whole period, military spending gmsd in Gabon peaked at 360.11 million in 2021 and was at its lowest, 5.41 million, in 1960.

Gabon ranks 123rd of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending gmsd in Gabon, year by year

Annual values for Military spending gmsd in Gabon, 1960 to 2023.
Year Value Change
1960 5.41 million —
1961 7.93 million +46.5%
1962 10.37 million +30.8%
1963 15.39 million +48.4%
1964 16.39 million +6.5%
1965 20.43 million +24.6%
1966 20.43 million +0.0%
1967 22.94 million +12.3%
1968 23.61 million +2.9%
1969 29.85 million +26.4%
1970 31.88 million +6.8%
1971 40.24 million +26.2%
1972 44.14 million +9.7%
1973 52.74 million +19.5%
1974 53.12 million +0.7%
1975 62.61 million +17.9%
1976 68.26 million +9.0%
1977 78.40 million +14.9%
1978 101.86 million +29.9%
1979 165.08 million +62.1%
1980 177.32 million +7.4%
1981 180.91 million +2.0%
1982 190.66 million +5.4%
1983 173.05 million -9.2%
1984 175.13 million +1.2%
1985 217.12 million +24.0%
1986 291.07 million +34.1%
1987 289.07 million -0.7%
1988 301.08 million +4.2%
1989 263.43 million -12.5%
1990 227.47 million -13.7%
1991 219.00 million -3.7%
1992 219.48 million +0.2%
1993 196.82 million -10.3%
1994 178.28 million -9.4%
1995 174.35 million -2.2%
1996 174.52 million +0.1%
1997 185.57 million +6.3%
1998 181.40 million -2.2%
1999 175.59 million -3.2%
2000 152.84 million -13.0%
2001 98.93 million -35.3%
2002 37.22 million -62.4%
2003 34.22 million -8.1%
2004 39.12 million +14.3%
2005 82.17 million +110.0%
2006 112.64 million +37.1%
2007 144.18 million +28.0%
2008 164.89 million +14.4%
2009 174.10 million +5.6%
2010 264.03 million +51.7%
2011 282.82 million +7.1%
2012 284.79 million +0.7%
2013 287.29 million +0.9%
2014 235.61 million -18.0%
2015 235.61 million -0.0%
2016 247.10 million +4.9%
2017 313.04 million +26.7%
2018 318.04 million +1.6%
2019 345.20 million +8.5%
2020 349.06 million +1.1%
2021 360.11 million +3.2%
2022 327.65 million -9.0%
2023 342.88 million +4.6%

Gabon compared with similar countries

  • Gabon's 342.88 million is below the median for upper middle income countries, which is 1.25 billion, 27% of the median. (49 countries reporting)
  • Gabon's 342.88 million is below the median for Sub-Saharan Africa, which is 350.64 million, 98% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Gabon 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
2005 +110.0% 39.12 million 82.17 million

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.28 million 5.41 million 29.85 million 10
1970s 69.83 million 31.88 million 165.08 million 10
1980s 225.88 million 173.05 million 301.08 million 10
1990s 193.25 million 174.35 million 227.47 million 10
2000s 104.03 million 34.22 million 174.10 million 10
2010s 281.35 million 235.61 million 345.20 million 10
2020s 344.92 million 327.65 million 360.11 million 4

Countries ranked near Gabon

  1. 120 Mozambique 387.93 million compare
  2. 121 Congo 358.41 million compare
  3. 122 Albania 356.40 million compare
  4. 124 Niger 341.19 million compare
  5. 125 Trinidad and Tobago 323.77 million compare
  6. 126 Ghana 318.88 million compare

See the full ranking of 172 places →

More reference data data for Gabon

All data for Gabon →

Frequently asked questions

What is military spending gmsd in Gabon?
Military spending gmsd in Gabon was 342.88 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Gabon?
The highest recorded value was 360.11 million in 2021.
What is the lowest military spending gmsd recorded in Gabon?
The lowest recorded value was 5.41 million in 1960.
How does Gabon rank for military spending gmsd?
Gabon ranks 123rd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Gabon?
Over the last ten years it is up 19.4%. The long-run trend across the full record is volatile.
Where does this Gabon 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.

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Military spending gmsd in Gabon. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/gabon/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed