Military spending per armed forces personnel in Equatorial Guinea

Equatorial Guinea: Military spending per armed forces personnel was 170,786 in 2020. ◆ Volatile

Latest (2020)
170,786
Change on year
up 2.4%
World rank
24th
of 160 countries
All-time high
352,249
in 2008
All-time low
5,592
in 1995
Years of data
12
1994–2020

Military spending per armed forces personnel in Equatorial Guinea, 1994–2020

0100.0k200.0k300.0k400.0k1994200720201994: 8.2k1995: 5.6k2007: 269.4k2008: 352.2k2009: 341.5k2014: 127.3k2015: 123.5k2016: 112.7k2017: 157.1k2018: 111.4k2019: 166.8k2020: 170.8k

Source: Our World in Data.

Analysis

Equatorial Guinea recorded 170,786 for military spending per armed forces personnel in 2020.

That represents a change of up 2.4% on the previous year and down 50.0% over ten years.

Over the whole period, military spending per armed forces personnel in Equatorial Guinea peaked at 352,249 in 2008 and was at its lowest, 5,592, in 1995.

Equatorial Guinea ranks 24th of 160 countries on this measure, in the top quarter.

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

Military spending per armed forces personnel in Equatorial Guinea, year by year

Annual values for Military spending per armed forces personnel in Equatorial Guinea, 1994 to 2020.
Year Value Change
1994 8,232 —
1995 5,592 -32.1%
2007 269,369 +4717.3%
2008 352,249 +30.8%
2009 341,464 -3.1%
2014 127,315 -62.7%
2015 123,458 -3.0%
2016 112,712 -8.7%
2017 157,143 +39.4%
2018 111,398 -29.1%
2019 166,775 +49.7%
2020 170,786 +2.4%

Equatorial Guinea compared with similar countries

  • Equatorial Guinea's 170,786 is above the median for upper middle income countries, which is 19,504, 8.8× the median. (46 countries reporting)
  • Equatorial Guinea's 170,786 is above the median for Sub-Saharan Africa, which is 13,391, 12.8× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 6,912 5,592 8,232 2
2000s 321,027 269,369 352,249 3
2010s 133,134 111,398 166,775 6
2020s 170,786 170,786 170,786 1

Countries ranked near Equatorial Guinea

  1. 21 Finland 197,270 compare
  2. 22 Austria 196,170 compare
  3. 23 France 190,918 compare
  4. 25 Czechia 160,610 compare
  5. 26 Japan 150,681 compare
  6. 27 Ireland 144,634 compare

See the full ranking of 160 places →

More reference data data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is military spending per armed forces personnel in Equatorial Guinea?
Military spending per armed forces personnel in Equatorial Guinea was 170,786 in 2020, according to Our World in Data.
What is the highest military spending per armed forces personnel recorded in Equatorial Guinea?
The highest recorded value was 352,249 in 2008.
What is the lowest military spending per armed forces personnel recorded in Equatorial Guinea?
The lowest recorded value was 5,592 in 1995.
How does Equatorial Guinea rank for military spending per armed forces personnel?
Equatorial Guinea ranks 24th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Equatorial Guinea?
Over the last ten years it is down 50.0%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea data come from?
The figures come from Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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Military spending per armed forces personnel in Equatorial Guinea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/equatorial-guinea/

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About this data

Indicator
Military spending per armed forces personnel
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed