Military spending gmsd in Guinea-Bissau

Guinea-Bissau: Military spending gmsd was 29.97 million in 2023. ▲ Rising

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

Military spending gmsd in Guinea-Bissau, 1974–2023

010.0M20.0M30.0M197419982023

Source: Our World in Data.

Analysis

Guinea-Bissau recorded 29.97 million for military spending gmsd 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 gmsd in Guinea-Bissau peaked at 30.05 million in 2020 and was at its lowest, 2.97 million, 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 gmsd in Guinea-Bissau, year by year

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

Guinea-Bissau compared with similar countries

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

Biggest year-on-year movements

Years where Military spending gmsd 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 15.57 million
1975 +74.3% 2.97 million 5.17 million

Averages by decade

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

Countries ranked near Guinea-Bissau

  1. 160 Liberia 39.49 million compare
  2. 161 Belize 32.73 million compare
  3. 162 Bhutan 31.32 million compare
  4. 164 Mauritius 28.93 million compare
  5. 165 Sierra Leone 28.24 million compare
  6. 166 Laos 26.46 million 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 gmsd in Guinea-Bissau?
Military spending gmsd in Guinea-Bissau was 29.97 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Guinea-Bissau?
The highest recorded value was 30.05 million in 2020.
What is the lowest military spending gmsd recorded in Guinea-Bissau?
The lowest recorded value was 2.97 million in 1974.
How does Guinea-Bissau rank for military spending gmsd?
Guinea-Bissau ranks 163rd out of 172 countries with data for 2023.
Is military spending gmsd 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 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 Guinea-Bissau. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/guinea-bissau/

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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