Military spending gmsd in Guyana

Guyana: Military spending gmsd was 106.79 million in 2023. ◆ Volatile

Latest (2023)
106.79 million
Change on year
up 8.1%
World rank
148th
of 172 countries
All-time high
106.79 million
in 2023
All-time low
6.87 million
in 1991
Years of data
58
1966–2023

Military spending gmsd in Guyana, 1966–2023

020.0M40.0M60.0M80.0M100.0M196619942023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Guyana is 106.79 million, 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 gmsd in Guyana peaked at 106.79 million in 2023 and was at its lowest, 6.87 million, 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 gmsd in Guyana, year by year

Annual values for Military spending gmsd in Guyana, 1966 to 2023.
Year Value Change
1966 8.61 million —
1967 13.56 million +57.4%
1968 11.47 million -15.4%
1969 12.22 million +6.5%
1970 16.10 million +31.8%
1971 17.68 million +9.8%
1972 19.08 million +7.9%
1973 21.10 million +10.6%
1974 29.70 million +40.8%
1975 48.53 million +63.4%
1976 65.70 million +35.4%
1977 55.03 million -16.2%
1978 50.08 million -9.0%
1979 48.50 million -3.1%
1980 47.29 million -2.5%
1981 44.82 million -5.2%
1982 48.23 million +7.6%
1983 47.96 million -0.6%
1984 53.10 million +10.7%
1985 66.17 million +24.6%
1986 81.16 million +22.7%
1987 23.80 million -70.7%
1988 19.71 million -17.2%
1989 10.77 million -45.4%
1990 7.97 million -26.0%
1991 6.87 million -13.8%
1992 8.25 million +20.1%
1993 9.32 million +13.0%
1994 11.04 million +18.4%
1995 10.90 million -1.3%
1996 10.74 million -1.4%
1997 11.02 million +2.6%
1998 11.40 million +3.4%
1999 11.80 million +3.5%
2000 13.19 million +11.8%
2001 12.21 million -7.4%
2002 12.04 million -1.4%
2003 14.47 million +20.2%
2004 18.84 million +30.1%
2005 23.06 million +22.4%
2006 25.20 million +9.3%
2007 31.54 million +25.1%
2008 37.30 million +18.2%
2009 33.24 million -10.9%
2010 34.84 million +4.8%
2011 37.14 million +6.6%
2012 37.54 million +1.1%
2013 40.76 million +8.6%
2014 45.01 million +10.4%
2015 49.19 million +9.3%
2016 56.23 million +14.3%
2017 69.49 million +23.6%
2018 73.07 million +5.1%
2019 90.49 million +23.8%
2020 89.11 million -1.5%
2021 95.50 million +7.2%
2022 98.80 million +3.5%
2023 106.79 million +8.1%

Guyana compared with similar countries

  • Guyana's 106.79 million is below the median for high income countries, which is 6.50 billion, 2% of the median. (55 countries reporting)
  • Guyana's 106.79 million is below the median for Latin America & Caribbean, which is 509.92 million, 21% of the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.47 million 8.61 million 13.56 million 4
1970s 37.15 million 16.10 million 65.70 million 10
1980s 44.30 million 10.77 million 81.16 million 10
1990s 9.93 million 6.87 million 11.80 million 10
2000s 22.11 million 12.04 million 37.30 million 10
2010s 53.38 million 34.84 million 90.49 million 10
2020s 97.55 million 89.11 million 106.79 million 4

Countries ranked near Guyana

  1. 145 Bahamas 118.22 million compare
  2. 146 Papua New Guinea 116.43 million compare
  3. 147 Nicaragua 110.71 million compare
  4. 149 Eritrea 96.47 million compare
  5. 150 Eswatini 91.46 million compare
  6. 151 Fiji 87.78 million compare

See the full ranking of 172 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is military spending gmsd in Guyana?
Military spending gmsd in Guyana was 106.79 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Guyana?
The highest recorded value was 106.79 million in 2023.
What is the lowest military spending gmsd recorded in Guyana?
The lowest recorded value was 6.87 million in 1991.
How does Guyana rank for military spending gmsd?
Guyana ranks 148th out of 172 countries with data for 2023.
Is military spending gmsd 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 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 Guyana. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/guyana/

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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