Military spending in Guinea-Bissau

Guinea-Bissau: Military spending was 29.97 million constant 2022 US$ in 2023. ▲ Rising

Latest (2023)
29.97 million constant 2022 US$
Change on year
up 1.7%
World rank
163rd
of 172 countries
All-time high
30.05 million constant 2022 US$
in 2020
All-time low
2.97 million constant 2022 US$
in 1974
Years of data
50
1974–2023

Military spending in Guinea-Bissau, 1974–2023

010.0M20.0M30.0M197419982023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Guinea-Bissau recorded 29.97 million constant 2022 US$ for military spending in 2023.

Compared with earlier readings it is up 1.7% on the previous year and up 14.3% over ten years.

Over the whole period, military spending in Guinea-Bissau peaked at 30.05 million constant 2022 US$ in 2020 and was at its lowest, 2.97 million constant 2022 US$, in 1974.

That places Guinea-Bissau 163rd out of 172 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 50 years of available data.

Military spending in Guinea-Bissau, year by year

Annual values for Military spending in Guinea-Bissau, 1974 to 2023.
Year constant 2022 US$ Change
1974 2.97 million constant 2022 US$
1975 5.17 million constant 2022 US$ +74.3%
1976 8.31 million constant 2022 US$ +60.7%
1977 15.57 million constant 2022 US$ +87.4%
1978 16.75 million constant 2022 US$ +7.6%
1979 16.61 million constant 2022 US$ -0.9%
1980 16.95 million constant 2022 US$ +2.0%
1981 16.45 million constant 2022 US$ -2.9%
1982 19.53 million constant 2022 US$ +18.7%
1983 23.81 million constant 2022 US$ +21.9%
1984 15.36 million constant 2022 US$ -35.5%
1985 14.02 million constant 2022 US$ -8.7%
1986 11.03 million constant 2022 US$ -21.3%
1987 9.23 million constant 2022 US$ -16.3%
1988 9.15 million constant 2022 US$ -0.9%
1989 9.52 million constant 2022 US$ +4.0%
1990 9.44 million constant 2022 US$ -0.8%
1991 9.32 million constant 2022 US$ -1.3%
1992 9.91 million constant 2022 US$ +6.3%
1993 9.00 million constant 2022 US$ -9.1%
1994 8.00 million constant 2022 US$ -11.1%
1995 7.62 million constant 2022 US$ -4.8%
1996 7.36 million constant 2022 US$ -3.4%
1997 7.24 million constant 2022 US$ -1.6%
1998 6.05 million constant 2022 US$ -16.4%
1999 8.70 million constant 2022 US$ +43.7%
2000 8.31 million constant 2022 US$ -4.5%
2001 8.01 million constant 2022 US$ -3.6%
2002 9.42 million constant 2022 US$ +17.6%
2003 11.27 million constant 2022 US$ +19.7%
2004 13.16 million constant 2022 US$ +16.8%
2005 15.50 million constant 2022 US$ +17.8%
2006 17.48 million constant 2022 US$ +12.8%
2007 19.04 million constant 2022 US$ +8.9%
2008 20.54 million constant 2022 US$ +7.9%
2009 19.09 million constant 2022 US$ -7.0%
2010 23.92 million constant 2022 US$ +25.3%
2011 23.86 million constant 2022 US$ -0.3%
2012 27.06 million constant 2022 US$ +13.4%
2013 26.23 million constant 2022 US$ -3.1%
2014 24.23 million constant 2022 US$ -7.6%
2015 23.79 million constant 2022 US$ -1.8%
2016 22.35 million constant 2022 US$ -6.0%
2017 25.23 million constant 2022 US$ +12.9%
2018 26.62 million constant 2022 US$ +5.5%
2019 28.73 million constant 2022 US$ +7.9%
2020 30.05 million constant 2022 US$ +4.6%
2021 29.70 million constant 2022 US$ -1.2%
2022 29.48 million constant 2022 US$ -0.8%
2023 29.97 million constant 2022 US$ +1.7%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 29.97 million constant 2022 US$ is below the median for low income countries, which is 387.93 million constant 2022 US$, 8% of the median. (25 countries reporting)
  • Guinea-Bissau's 29.97 million constant 2022 US$ is below the median for Sub-Saharan Africa, which is 350.64 million constant 2022 US$, 9% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1977 +87.4% 8.31 million constant 2022 US$ 15.57 million constant 2022 US$
1975 +74.3% 2.97 million constant 2022 US$ 5.17 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.89 million constant 2022 US$ 2.97 million constant 2022 US$ 16.75 million constant 2022 US$ 6
1980s 14.50 million constant 2022 US$ 9.15 million constant 2022 US$ 23.81 million constant 2022 US$ 10
1990s 8.26 million constant 2022 US$ 6.05 million constant 2022 US$ 9.91 million constant 2022 US$ 10
2000s 14.18 million constant 2022 US$ 8.01 million constant 2022 US$ 20.54 million constant 2022 US$ 10
2010s 25.20 million constant 2022 US$ 22.35 million constant 2022 US$ 28.73 million constant 2022 US$ 10
2020s 29.80 million constant 2022 US$ 29.48 million constant 2022 US$ 30.05 million constant 2022 US$ 4

Countries ranked near Guinea-Bissau

  1. 160 Liberia 39.49 million constant 2022 US$ compare
  2. 161 Belize 32.73 million constant 2022 US$ compare
  3. 162 Bhutan 31.32 million constant 2022 US$ compare
  4. 164 Mauritius 28.93 million constant 2022 US$ compare
  5. 165 Sierra Leone 28.24 million constant 2022 US$ compare
  6. 166 Laos 26.46 million constant 2022 US$ 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 in Guinea-Bissau?
Military spending in Guinea-Bissau was 29.97 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Guinea-Bissau?
The highest recorded value was 30.05 million constant 2022 US$ in 2020.
What is the lowest military spending recorded in Guinea-Bissau?
The lowest recorded value was 2.97 million constant 2022 US$ in 1974.
How does Guinea-Bissau rank for military spending?
Guinea-Bissau ranks 163rd out of 172 countries with data for 2023.
Is military spending rising or falling in Guinea-Bissau?
Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
Where does this Guinea-Bissau data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Guinea-Bissau. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/guinea-bissau/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.