Military spending in Guyana
Guyana: Military spending was 106.79 million constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
106.79 million constant 2022 US$
Change on year
up 8.1%
World rank
148th
of 172 countries
All-time high
106.79 million constant 2022 US$
in 2023
All-time low
6.87 million constant 2022 US$
in 1991
Years of data
58
1966–2023
Military spending in Guyana, 1966–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Guyana is 106.79 million constant 2022 US$, measured in 2023. That is the highest value across all 58 years on record.
Compared with earlier readings it is up 8.1% on the previous year and up 162.0% over ten years.
Over the whole period, military spending in Guyana peaked at 106.79 million constant 2022 US$ in 2023 and was at its lowest, 6.87 million constant 2022 US$, in 1991.
Guyana ranks 148th of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Guyana, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1966 | 8.61 million constant 2022 US$ | — |
| 1967 | 13.56 million constant 2022 US$ | +57.4% |
| 1968 | 11.47 million constant 2022 US$ | -15.4% |
| 1969 | 12.22 million constant 2022 US$ | +6.5% |
| 1970 | 16.10 million constant 2022 US$ | +31.8% |
| 1971 | 17.68 million constant 2022 US$ | +9.8% |
| 1972 | 19.08 million constant 2022 US$ | +7.9% |
| 1973 | 21.10 million constant 2022 US$ | +10.6% |
| 1974 | 29.70 million constant 2022 US$ | +40.8% |
| 1975 | 48.53 million constant 2022 US$ | +63.4% |
| 1976 | 65.70 million constant 2022 US$ | +35.4% |
| 1977 | 55.03 million constant 2022 US$ | -16.2% |
| 1978 | 50.08 million constant 2022 US$ | -9.0% |
| 1979 | 48.50 million constant 2022 US$ | -3.1% |
| 1980 | 47.29 million constant 2022 US$ | -2.5% |
| 1981 | 44.82 million constant 2022 US$ | -5.2% |
| 1982 | 48.23 million constant 2022 US$ | +7.6% |
| 1983 | 47.96 million constant 2022 US$ | -0.6% |
| 1984 | 53.10 million constant 2022 US$ | +10.7% |
| 1985 | 66.17 million constant 2022 US$ | +24.6% |
| 1986 | 81.16 million constant 2022 US$ | +22.7% |
| 1987 | 23.80 million constant 2022 US$ | -70.7% |
| 1988 | 19.71 million constant 2022 US$ | -17.2% |
| 1989 | 10.77 million constant 2022 US$ | -45.4% |
| 1990 | 7.97 million constant 2022 US$ | -26.0% |
| 1991 | 6.87 million constant 2022 US$ | -13.8% |
| 1992 | 8.25 million constant 2022 US$ | +20.1% |
| 1993 | 9.32 million constant 2022 US$ | +13.0% |
| 1994 | 11.04 million constant 2022 US$ | +18.4% |
| 1995 | 10.90 million constant 2022 US$ | -1.3% |
| 1996 | 10.74 million constant 2022 US$ | -1.4% |
| 1997 | 11.02 million constant 2022 US$ | +2.6% |
| 1998 | 11.40 million constant 2022 US$ | +3.4% |
| 1999 | 11.80 million constant 2022 US$ | +3.5% |
| 2000 | 13.19 million constant 2022 US$ | +11.8% |
| 2001 | 12.21 million constant 2022 US$ | -7.4% |
| 2002 | 12.04 million constant 2022 US$ | -1.4% |
| 2003 | 14.47 million constant 2022 US$ | +20.2% |
| 2004 | 18.84 million constant 2022 US$ | +30.1% |
| 2005 | 23.06 million constant 2022 US$ | +22.4% |
| 2006 | 25.20 million constant 2022 US$ | +9.3% |
| 2007 | 31.54 million constant 2022 US$ | +25.1% |
| 2008 | 37.30 million constant 2022 US$ | +18.2% |
| 2009 | 33.24 million constant 2022 US$ | -10.9% |
| 2010 | 34.84 million constant 2022 US$ | +4.8% |
| 2011 | 37.14 million constant 2022 US$ | +6.6% |
| 2012 | 37.54 million constant 2022 US$ | +1.1% |
| 2013 | 40.76 million constant 2022 US$ | +8.6% |
| 2014 | 45.01 million constant 2022 US$ | +10.4% |
| 2015 | 49.19 million constant 2022 US$ | +9.3% |
| 2016 | 56.23 million constant 2022 US$ | +14.3% |
| 2017 | 69.49 million constant 2022 US$ | +23.6% |
| 2018 | 73.07 million constant 2022 US$ | +5.1% |
| 2019 | 90.49 million constant 2022 US$ | +23.8% |
| 2020 | 89.11 million constant 2022 US$ | -1.5% |
| 2021 | 95.50 million constant 2022 US$ | +7.2% |
| 2022 | 98.80 million constant 2022 US$ | +3.5% |
| 2023 | 106.79 million constant 2022 US$ | +8.1% |
Guyana compared with similar countries
- Guyana's 106.79 million constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 2% of the median. (55 countries reporting)
- Guyana's 106.79 million constant 2022 US$ is below the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 21% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.47 million constant 2022 US$ | 8.61 million constant 2022 US$ | 13.56 million constant 2022 US$ | 4 |
| 1970s | 37.15 million constant 2022 US$ | 16.10 million constant 2022 US$ | 65.70 million constant 2022 US$ | 10 |
| 1980s | 44.30 million constant 2022 US$ | 10.77 million constant 2022 US$ | 81.16 million constant 2022 US$ | 10 |
| 1990s | 9.93 million constant 2022 US$ | 6.87 million constant 2022 US$ | 11.80 million constant 2022 US$ | 10 |
| 2000s | 22.11 million constant 2022 US$ | 12.04 million constant 2022 US$ | 37.30 million constant 2022 US$ | 10 |
| 2010s | 53.38 million constant 2022 US$ | 34.84 million constant 2022 US$ | 90.49 million constant 2022 US$ | 10 |
| 2020s | 97.55 million constant 2022 US$ | 89.11 million constant 2022 US$ | 106.79 million constant 2022 US$ | 4 |
Countries ranked near Guyana
- 145 Bahamas 118.22 million constant 2022 US$ compare
- 146 Papua New Guinea 116.43 million constant 2022 US$ compare
- 147 Nicaragua 110.71 million constant 2022 US$ compare
- 149 Eritrea 96.47 million constant 2022 US$ compare
- 150 Eswatini 91.46 million constant 2022 US$ compare
- 151 Fiji 87.78 million constant 2022 US$ compare
More reference data data for Guyana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0396 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0791 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2193 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0297 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2193 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1326 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0457 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.4179 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1619 (2050)
Frequently asked questions
- What is military spending in Guyana?
- Military spending in Guyana was 106.79 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 Guyana?
- The highest recorded value was 106.79 million constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Guyana?
- The lowest recorded value was 6.87 million constant 2022 US$ in 1991.
- How does Guyana rank for military spending?
- Guyana ranks 148th out of 172 countries with data for 2023.
- Is military spending rising or falling in Guyana?
- Over the last ten years it is up 162.0%. The long-run trend across the full record is volatile.
- Where does this Guyana 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.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.