Military spending per armed forces personnel in Equatorial Guinea
Equatorial Guinea: Military spending per armed forces personnel was 170,786 constant 2024 US$ in 2020. ◆ Volatile
Military spending per armed forces personnel in Equatorial Guinea, 1994–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Equatorial Guinea recorded 170,786 constant 2024 US$ 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 constant 2024 US$ in 2008 and was at its lowest, 5,592 constant 2024 US$, in 1995.
Equatorial Guinea ranks 24th of 160 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending per armed forces personnel in Equatorial Guinea, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1994 | 8,232 constant 2024 US$ | — |
| 1995 | 5,592 constant 2024 US$ | -32.1% |
| 2007 | 269,369 constant 2024 US$ | +4717.3% |
| 2008 | 352,249 constant 2024 US$ | +30.8% |
| 2009 | 341,464 constant 2024 US$ | -3.1% |
| 2014 | 127,315 constant 2024 US$ | -62.7% |
| 2015 | 123,458 constant 2024 US$ | -3.0% |
| 2016 | 112,712 constant 2024 US$ | -8.7% |
| 2017 | 157,143 constant 2024 US$ | +39.4% |
| 2018 | 111,398 constant 2024 US$ | -29.1% |
| 2019 | 166,775 constant 2024 US$ | +49.7% |
| 2020 | 170,786 constant 2024 US$ | +2.4% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 170,786 constant 2024 US$ is above the median for upper middle income countries, which is 19,504 constant 2024 US$, 8.8× the median. (46 countries reporting)
- Equatorial Guinea's 170,786 constant 2024 US$ is above the median for Sub-Saharan Africa, which is 13,391 constant 2024 US$, 12.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,912 constant 2024 US$ | 5,592 constant 2024 US$ | 8,232 constant 2024 US$ | 2 |
| 2000s | 321,027 constant 2024 US$ | 269,369 constant 2024 US$ | 352,249 constant 2024 US$ | 3 |
| 2010s | 133,134 constant 2024 US$ | 111,398 constant 2024 US$ | 166,775 constant 2024 US$ | 6 |
| 2020s | 170,786 constant 2024 US$ | 170,786 constant 2024 US$ | 170,786 constant 2024 US$ | 1 |
Countries ranked near Equatorial Guinea
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 1.17 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1.11 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 0.0275 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0358 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0246 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 10.65 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 2.11 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 0.9434 (2050)
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 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by 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 constant 2024 US$ in 2008.
- What is the lowest military spending per armed forces personnel recorded in Equatorial Guinea?
- The lowest recorded value was 5,592 constant 2024 US$ 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 Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by 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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About this data
Total military expenditure divided by armed forces personnel. 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.