Military spending, per unit of GDP in Equatorial Guinea

Equatorial Guinea: Military spending, per unit of GDP was 0.0088 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0088 constant 2024 US$ per US$ of GDP
Change on year
up 1.5%
World rank
122nd
of 160 countries
All-time high
0.0817 constant 2024 US$ per US$ of GDP
in 1994
All-time low
0.0077 constant 2024 US$ per US$ of GDP
in 2014
Years of data
17
1994–2025

Military spending, per unit of GDP in Equatorial Guinea, 1994–2025

00.020.040.060.081994200920251994: 0.082 constant 2024 US$ per US$ of GDP1995: 0.063 constant 2024 US$ per US$ of GDP2007: 0.021 constant 2024 US$ per US$ of GDP2008: 0.018 constant 2024 US$ per US$ of GDP2009: 0.03 constant 2024 US$ per US$ of GDP2014: 0.008 constant 2024 US$ per US$ of GDP2015: 0.012 constant 2024 US$ per US$ of GDP2016: 0.015 constant 2024 US$ per US$ of GDP2017: 0.013 constant 2024 US$ per US$ of GDP2018: 0.012 constant 2024 US$ per US$ of GDP2019: 0.015 constant 2024 US$ per US$ of GDP2020: 0.017 constant 2024 US$ per US$ of GDP2021: 0.014 constant 2024 US$ per US$ of GDP2022: 0.012 constant 2024 US$ per US$ of GDP2023: 0.013 constant 2024 US$ per US$ of GDP2024: 0.009 constant 2024 US$ per US$ of GDP2025: 0.009 constant 2024 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

In 2025, military spending, per unit of gdp in Equatorial Guinea stood at 0.0088 constant 2024 US$ per US$ of GDP.

Compared with earlier readings it is up 1.5% on the previous year and down 29.0% over ten years.

Over the whole period, military spending, per unit of gdp in Equatorial Guinea peaked at 0.0817 constant 2024 US$ per US$ of GDP in 1994 and was at its lowest, 0.0077 constant 2024 US$ per US$ of GDP, in 2014.

That places Equatorial Guinea 122nd out of 160 countries with data for 2025, putting it in the bottom quarter.

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

Annual values for Military spending, per unit of GDP in Equatorial Guinea, 1994 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1994 0.0817 constant 2024 US$ per US$ of GDP
1995 0.0631 constant 2024 US$ per US$ of GDP -22.8%
2007 0.0206 constant 2024 US$ per US$ of GDP -67.3%
2008 0.0178 constant 2024 US$ per US$ of GDP -13.4%
2009 0.03 constant 2024 US$ per US$ of GDP +68.2%
2014 0.0077 constant 2024 US$ per US$ of GDP -74.3%
2015 0.0124 constant 2024 US$ per US$ of GDP +60.1%
2016 0.0145 constant 2024 US$ per US$ of GDP +17.6%
2017 0.0129 constant 2024 US$ per US$ of GDP -11.4%
2018 0.0123 constant 2024 US$ per US$ of GDP -4.2%
2019 0.0147 constant 2024 US$ per US$ of GDP +19.0%
2020 0.0173 constant 2024 US$ per US$ of GDP +17.6%
2021 0.0135 constant 2024 US$ per US$ of GDP -21.6%
2022 0.0125 constant 2024 US$ per US$ of GDP -7.8%
2023 0.0133 constant 2024 US$ per US$ of GDP +6.7%
2024 0.0086 constant 2024 US$ per US$ of GDP -35.1%
2025 0.0088 constant 2024 US$ per US$ of GDP +1.5%

Equatorial Guinea compared with similar countries

  • Equatorial Guinea's 0.0088 constant 2024 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0132 constant 2024 US$ per US$ of GDP, 66% of the median. (46 countries reporting)
  • Equatorial Guinea's 0.0088 constant 2024 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0119 constant 2024 US$ per US$ of GDP, 74% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0724 constant 2024 US$ per US$ of GDP 0.0631 constant 2024 US$ per US$ of GDP 0.0817 constant 2024 US$ per US$ of GDP 2
2000s 0.0228 constant 2024 US$ per US$ of GDP 0.0178 constant 2024 US$ per US$ of GDP 0.03 constant 2024 US$ per US$ of GDP 3
2010s 0.0124 constant 2024 US$ per US$ of GDP 0.0077 constant 2024 US$ per US$ of GDP 0.0147 constant 2024 US$ per US$ of GDP 6
2020s 0.0123 constant 2024 US$ per US$ of GDP 0.0086 constant 2024 US$ per US$ of GDP 0.0173 constant 2024 US$ per US$ of GDP 6

Countries ranked near Equatorial Guinea

  1. 119 Guyana 0.0089 constant 2024 US$ per US$ of GDP compare
  2. 120 Bolivia 0.0088 constant 2024 US$ per US$ of GDP compare
  3. 121 Trinidad and Tobago 0.0088 constant 2024 US$ per US$ of GDP compare
  4. 123 Malawi 0.0086 constant 2024 US$ per US$ of GDP compare
  5. 124 Mongolia 0.0084 constant 2024 US$ per US$ of GDP compare
  6. 125 Guinea-Bissau 0.0083 constant 2024 US$ per US$ of GDP 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 unit of gdp in Equatorial Guinea?
Military spending, per unit of gdp in Equatorial Guinea was 0.0088 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Equatorial Guinea?
The highest recorded value was 0.0817 constant 2024 US$ per US$ of GDP in 1994.
What is the lowest military spending, per unit of gdp recorded in Equatorial Guinea?
The lowest recorded value was 0.0077 constant 2024 US$ per US$ of GDP in 2014.
How does Equatorial Guinea rank for military spending, per unit of gdp?
Equatorial Guinea ranks 122nd out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Equatorial Guinea?
Over the last ten years it is down 29.0%. 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.

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Military spending, per unit of GDP in Equatorial Guinea. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/equatorial-guinea/

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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

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

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

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.