Military spending, per unit of GDP in Equatorial Guinea
Equatorial Guinea: Military spending, per unit of GDP was 0.0156 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0156 constant 2022 US$ per US$ of GDP
Change on year
up 6.1%
World rank
95th
of 170 countries
All-time high
0.3668 constant 2022 US$ per US$ of GDP
in 1969
All-time low
0.0004 constant 2022 US$ per US$ of GDP
in 2012
Years of data
54
1968–2023
Military spending, per unit of GDP in Equatorial Guinea, 1968–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
In 2023, military spending, per unit of gdp in Equatorial Guinea stood at 0.0156 constant 2022 US$ per US$ of GDP.
That represents a change of up 6.1% on the previous year and up 3,153.8% over ten years.
Over the whole period, military spending, per unit of gdp in Equatorial Guinea peaked at 0.3668 constant 2022 US$ per US$ of GDP in 1969 and was at its lowest, 0.0004 constant 2022 US$ per US$ of GDP, in 2012.
Equatorial Guinea ranks 95th of 170 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per unit of GDP in Equatorial Guinea, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1968 | 0.3667 constant 2022 US$ per US$ of GDP | — |
| 1969 | 0.3668 constant 2022 US$ per US$ of GDP | +0.0% |
| 1970 | 0.349 constant 2022 US$ per US$ of GDP | -4.8% |
| 1971 | 0.2885 constant 2022 US$ per US$ of GDP | -17.4% |
| 1972 | 0.2654 constant 2022 US$ per US$ of GDP | -8.0% |
| 1973 | 0.1785 constant 2022 US$ per US$ of GDP | -32.7% |
| 1974 | 0.1388 constant 2022 US$ per US$ of GDP | -22.3% |
| 1975 | 0.1155 constant 2022 US$ per US$ of GDP | -16.8% |
| 1976 | 0.1103 constant 2022 US$ per US$ of GDP | -4.5% |
| 1977 | 0.0962 constant 2022 US$ per US$ of GDP | -12.7% |
| 1980 | 0.1219 constant 2022 US$ per US$ of GDP | +26.6% |
| 1981 | 0.1628 constant 2022 US$ per US$ of GDP | +33.6% |
| 1982 | 0.1867 constant 2022 US$ per US$ of GDP | +14.6% |
| 1983 | 0.1706 constant 2022 US$ per US$ of GDP | -8.6% |
| 1984 | 0.1385 constant 2022 US$ per US$ of GDP | -18.8% |
| 1985 | 0.1028 constant 2022 US$ per US$ of GDP | -25.8% |
| 1986 | 0.0839 constant 2022 US$ per US$ of GDP | -18.4% |
| 1987 | 0.0648 constant 2022 US$ per US$ of GDP | -22.8% |
| 1988 | 0.0582 constant 2022 US$ per US$ of GDP | -10.2% |
| 1989 | 0.0616 constant 2022 US$ per US$ of GDP | +5.9% |
| 1990 | 0.0456 constant 2022 US$ per US$ of GDP | -26.0% |
| 1991 | 0.044 constant 2022 US$ per US$ of GDP | -3.4% |
| 1992 | 0.0361 constant 2022 US$ per US$ of GDP | -18.0% |
| 1993 | 0.0345 constant 2022 US$ per US$ of GDP | -4.5% |
| 1994 | 0.0428 constant 2022 US$ per US$ of GDP | +24.3% |
| 1995 | 0.0311 constant 2022 US$ per US$ of GDP | -27.3% |
| 1996 | 0.0188 constant 2022 US$ per US$ of GDP | -39.5% |
| 1997 | 0.0162 constant 2022 US$ per US$ of GDP | -13.9% |
| 1998 | 0.0252 constant 2022 US$ per US$ of GDP | +55.1% |
| 1999 | 0.0154 constant 2022 US$ per US$ of GDP | -38.7% |
| 2000 | 0.0072 constant 2022 US$ per US$ of GDP | -53.3% |
| 2001 | 0.0049 constant 2022 US$ per US$ of GDP | -32.1% |
| 2002 | 0.0043 constant 2022 US$ per US$ of GDP | -12.2% |
| 2003 | 0.0033 constant 2022 US$ per US$ of GDP | -23.7% |
| 2004 | 0.0022 constant 2022 US$ per US$ of GDP | -33.9% |
| 2005 | 0.0012 constant 2022 US$ per US$ of GDP | -45.8% |
| 2006 | 0.0011 constant 2022 US$ per US$ of GDP | -6.0% |
| 2007 | 0.0016 constant 2022 US$ per US$ of GDP | +44.7% |
| 2008 | 0.0013 constant 2022 US$ per US$ of GDP | -16.6% |
| 2009 | 0.0017 constant 2022 US$ per US$ of GDP | +23.7% |
| 2010 | 0.0008 constant 2022 US$ per US$ of GDP | -53.5% |
| 2011 | 0.0005 constant 2022 US$ per US$ of GDP | -38.6% |
| 2012 | 0.0004 constant 2022 US$ per US$ of GDP | -5.2% |
| 2013 | 0.0005 constant 2022 US$ per US$ of GDP | +7.5% |
| 2014 | 0.008 constant 2022 US$ per US$ of GDP | +1564.0% |
| 2015 | 0.013 constant 2022 US$ per US$ of GDP | +63.2% |
| 2016 | 0.0152 constant 2022 US$ per US$ of GDP | +16.4% |
| 2017 | 0.0137 constant 2022 US$ per US$ of GDP | -9.7% |
| 2018 | 0.0131 constant 2022 US$ per US$ of GDP | -4.3% |
| 2019 | 0.0172 constant 2022 US$ per US$ of GDP | +31.2% |
| 2020 | 0.0203 constant 2022 US$ per US$ of GDP | +18.3% |
| 2021 | 0.0164 constant 2022 US$ per US$ of GDP | -19.4% |
| 2022 | 0.0147 constant 2022 US$ per US$ of GDP | -10.2% |
| 2023 | 0.0156 constant 2022 US$ per US$ of GDP | +6.1% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 0.0156 constant 2022 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 1.0× the median. (49 countries reporting)
- Equatorial Guinea's 0.0156 constant 2022 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0159 constant 2022 US$ per US$ of GDP, 98% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military spending, per unit of GDP 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.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1564.0% | 0.0005 constant 2022 US$ per US$ of GDP | 0.008 constant 2022 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3667 constant 2022 US$ per US$ of GDP | 0.3667 constant 2022 US$ per US$ of GDP | 0.3668 constant 2022 US$ per US$ of GDP | 2 |
| 1970s | 0.1928 constant 2022 US$ per US$ of GDP | 0.0962 constant 2022 US$ per US$ of GDP | 0.349 constant 2022 US$ per US$ of GDP | 8 |
| 1980s | 0.1152 constant 2022 US$ per US$ of GDP | 0.0582 constant 2022 US$ per US$ of GDP | 0.1867 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.031 constant 2022 US$ per US$ of GDP | 0.0154 constant 2022 US$ per US$ of GDP | 0.0456 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0029 constant 2022 US$ per US$ of GDP | 0.0011 constant 2022 US$ per US$ of GDP | 0.0072 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0082 constant 2022 US$ per US$ of GDP | 0.0004 constant 2022 US$ per US$ of GDP | 0.0172 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0168 constant 2022 US$ per US$ of GDP | 0.0147 constant 2022 US$ per US$ of GDP | 0.0203 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Equatorial Guinea
- 92 Fiji 0.016 constant 2022 US$ per US$ of GDP compare
- 93 Montenegro 0.0158 constant 2022 US$ per US$ of GDP compare
- 94 Germany 0.0158 constant 2022 US$ per US$ of GDP compare
- 96 Lebanon 0.0153 constant 2022 US$ per US$ of GDP compare
- 97 Zambia 0.0153 constant 2022 US$ per US$ of GDP compare
- 98 El Salvador 0.0152 constant 2022 US$ per US$ of GDP compare
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0013 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0083 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0042 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0316 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0402 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0358 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
Frequently asked questions
- What is military spending, per unit of gdp in Equatorial Guinea?
- Military spending, per unit of gdp in Equatorial Guinea was 0.0156 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Equatorial Guinea?
- The highest recorded value was 0.3668 constant 2022 US$ per US$ of GDP in 1969.
- What is the lowest military spending, per unit of gdp recorded in Equatorial Guinea?
- The lowest recorded value was 0.0004 constant 2022 US$ per US$ of GDP in 2012.
- How does Equatorial Guinea rank for military spending, per unit of gdp?
- Equatorial Guinea ranks 95th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Equatorial Guinea?
- Over the last ten years it is up 3,153.8%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.