Military spending per military personnel in Equatorial Guinea

Equatorial Guinea: Military spending per military personnel was 201,428 constant 2022 US$ in 2022. ◆ Volatile

Latest (2022)
201,428 constant 2022 US$
Change on year
up 0.6%
World rank
25th
of 170 countries
All-time high
201,428 constant 2022 US$
in 2022
All-time low
2,129 constant 2022 US$
in 1985
Years of data
54
1969–2022

Military spending per military personnel in Equatorial Guinea, 1969–2022

050.0k100.0k150.0k200.0k196919952022

Source: Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending per military personnel in Equatorial Guinea is 201,428 constant 2022 US$, measured in 2022. That is the highest value across all 54 years on record.

The figure is up 0.6% on the previous year and up 1,915.9% over ten years.

Over the whole period, military spending per military personnel in Equatorial Guinea peaked at 201,428 constant 2022 US$ in 2022 and was at its lowest, 2,129 constant 2022 US$, in 1985.

That places Equatorial Guinea 25th out of 170 countries with data for 2022, putting it in the top quarter.

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

Military spending per military personnel in Equatorial Guinea, year by year

Annual values for Military spending per military personnel in Equatorial Guinea, 1969 to 2022.
Year constant 2022 US$ Change
1969 24,660 constant 2022 US$ —
1970 23,152 constant 2022 US$ -6.1%
1971 18,736 constant 2022 US$ -19.1%
1972 8,683 constant 2022 US$ -53.7%
1973 7,249 constant 2022 US$ -16.5%
1974 2,614 constant 2022 US$ -63.9%
1975 2,409 constant 2022 US$ -7.8%
1976 2,286 constant 2022 US$ -5.1%
1977 5,004 constant 2022 US$ +118.9%
1978 4,440 constant 2022 US$ -11.3%
1979 3,818 constant 2022 US$ -14.0%
1980 3,086 constant 2022 US$ -19.2%
1981 2,991 constant 2022 US$ -3.1%
1982 4,134 constant 2022 US$ +38.2%
1983 3,792 constant 2022 US$ -8.3%
1984 2,323 constant 2022 US$ -38.7%
1985 2,129 constant 2022 US$ -8.4%
1986 3,205 constant 2022 US$ +50.5%
1987 3,024 constant 2022 US$ -5.6%
1988 5,851 constant 2022 US$ +93.5%
1989 5,441 constant 2022 US$ -7.0%
1990 5,113 constant 2022 US$ -6.0%
1991 4,883 constant 2022 US$ -4.5%
1992 4,862 constant 2022 US$ -0.4%
1993 4,691 constant 2022 US$ -3.5%
1994 4,319 constant 2022 US$ -7.9%
1995 4,417 constant 2022 US$ +2.3%
1996 4,381 constant 2022 US$ -0.8%
1997 7,177 constant 2022 US$ +63.8%
1998 9,328 constant 2022 US$ +30.0%
1999 9,584 constant 2022 US$ +2.7%
2000 7,544 constant 2022 US$ -21.3%
2001 7,157 constant 2022 US$ -5.1%
2002 3,883 constant 2022 US$ -45.7%
2003 8,145 constant 2022 US$ +109.7%
2004 9,563 constant 2022 US$ +17.4%
2005 9,658 constant 2022 US$ +1.0%
2006 11,147 constant 2022 US$ +15.4%
2007 20,897 constant 2022 US$ +87.5%
2008 26,347 constant 2022 US$ +26.1%
2009 24,807 constant 2022 US$ -5.8%
2010 12,515 constant 2022 US$ -49.6%
2011 10,054 constant 2022 US$ -19.7%
2012 9,992 constant 2022 US$ -0.6%
2013 10,534 constant 2022 US$ +5.4%
2014 173,818 constant 2022 US$ +1550.1%
2015 171,817 constant 2022 US$ -1.2%
2016 170,524 constant 2022 US$ -0.8%
2017 167,123 constant 2022 US$ -2.0%
2018 171,669 constant 2022 US$ +2.7%
2019 195,495 constant 2022 US$ +13.9%
2020 201,311 constant 2022 US$ +3.0%
2021 200,291 constant 2022 US$ -0.5%
2022 201,428 constant 2022 US$ +0.6%

Equatorial Guinea compared with similar countries

  • Equatorial Guinea's 201,428 constant 2022 US$ is above the median for upper middle income countries, which is 33,699 constant 2022 US$, 6.0× the median. (48 countries reporting)
  • Equatorial Guinea's 201,428 constant 2022 US$ is above the median for Sub-Saharan Africa, which is 18,299 constant 2022 US$, 11.0× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending per military personnel in Equatorial Guinea 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
2014 +1550.1% 10,534 constant 2022 US$ 173,818 constant 2022 US$
1977 +118.9% 2,286 constant 2022 US$ 5,004 constant 2022 US$
2003 +109.7% 3,883 constant 2022 US$ 8,145 constant 2022 US$
1988 +93.5% 3,024 constant 2022 US$ 5,851 constant 2022 US$
2007 +87.5% 11,147 constant 2022 US$ 20,897 constant 2022 US$
1997 +63.8% 4,381 constant 2022 US$ 7,177 constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 24,660 constant 2022 US$ 24,660 constant 2022 US$ 24,660 constant 2022 US$ 1
1970s 7,839 constant 2022 US$ 2,286 constant 2022 US$ 23,152 constant 2022 US$ 10
1980s 3,598 constant 2022 US$ 2,129 constant 2022 US$ 5,851 constant 2022 US$ 10
1990s 5,876 constant 2022 US$ 4,319 constant 2022 US$ 9,584 constant 2022 US$ 10
2000s 12,915 constant 2022 US$ 3,883 constant 2022 US$ 26,347 constant 2022 US$ 10
2010s 109,354 constant 2022 US$ 9,992 constant 2022 US$ 195,495 constant 2022 US$ 10
2020s 201,010 constant 2022 US$ 200,291 constant 2022 US$ 201,428 constant 2022 US$ 3

Countries ranked near Equatorial Guinea

  1. 22 Italy 256,991 constant 2022 US$ compare
  2. 23 Japan 238,965 constant 2022 US$ compare
  3. 24 Bahrain 206,366 constant 2022 US$ compare
  4. 26 Austria 197,174 constant 2022 US$ compare
  5. 27 Poland 189,479 constant 2022 US$ compare
  6. 28 Spain 184,799 constant 2022 US$ compare

See the full ranking of 170 places →

More reference data data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is military spending per military personnel in Equatorial Guinea?
Military spending per military personnel in Equatorial Guinea was 201,428 constant 2022 US$ in 2022, according to Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
What is the highest military spending per military personnel recorded in Equatorial Guinea?
The highest recorded value was 201,428 constant 2022 US$ in 2022.
What is the lowest military spending per military personnel recorded in Equatorial Guinea?
The lowest recorded value was 2,129 constant 2022 US$ in 1985.
How does Equatorial Guinea rank for military spending per military personnel?
Equatorial Guinea ranks 25th out of 170 countries with data for 2022.
Is military spending per military personnel rising or falling in Equatorial Guinea?
Over the last ten years it is up 1,915.9%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

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Military spending per military personnel in Equatorial Guinea. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/equatorial-guinea/

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About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
Last refreshed

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.