Military spending in Equatorial Guinea
Equatorial Guinea: Military spending was 112.50 million constant 2024 US$ in 2025. ◆ Volatile
Military spending in Equatorial Guinea, 1994–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2025, military spending in Equatorial Guinea stood at 112.50 million constant 2024 US$.
That represents a change of down 1.8% on the previous year and down 31.0% over ten years.
Over the whole period, military spending in Equatorial Guinea peaked at 450.73 million constant 2024 US$ in 2009 and was at its lowest, 8.23 million constant 2024 US$, in 1994.
Equatorial Guinea ranks 138th of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Equatorial Guinea, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1994 | 8.23 million constant 2024 US$ | — |
| 1995 | 8.95 million constant 2024 US$ | +8.7% |
| 2007 | 269.37 million constant 2024 US$ | +2910.8% |
| 2008 | 352.25 million constant 2024 US$ | +30.8% |
| 2009 | 450.73 million constant 2024 US$ | +28.0% |
| 2014 | 168.06 million constant 2024 US$ | -62.7% |
| 2015 | 162.97 million constant 2024 US$ | -3.0% |
| 2016 | 163.43 million constant 2024 US$ | +0.3% |
| 2017 | 157.14 million constant 2024 US$ | -3.8% |
| 2018 | 161.53 million constant 2024 US$ | +2.8% |
| 2019 | 166.78 million constant 2024 US$ | +3.2% |
| 2020 | 170.79 million constant 2024 US$ | +2.4% |
| 2021 | 165.22 million constant 2024 US$ | -3.3% |
| 2022 | 170.73 million constant 2024 US$ | +3.3% |
| 2023 | 166.99 million constant 2024 US$ | -2.2% |
| 2024 | 114.53 million constant 2024 US$ | -31.4% |
| 2025 | 112.50 million constant 2024 US$ | -1.8% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 112.50 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 7% of the median. (46 countries reporting)
- Equatorial Guinea's 112.50 million constant 2024 US$ is below the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 33% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Military spending in Equatorial Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +2910.8% | 8.95 million constant 2024 US$ | 269.37 million constant 2024 US$ |
| 2014 | -62.7% | 450.73 million constant 2024 US$ | 168.06 million constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.59 million constant 2024 US$ | 8.23 million constant 2024 US$ | 8.95 million constant 2024 US$ | 2 |
| 2000s | 357.45 million constant 2024 US$ | 269.37 million constant 2024 US$ | 450.73 million constant 2024 US$ | 3 |
| 2010s | 163.32 million constant 2024 US$ | 157.14 million constant 2024 US$ | 168.06 million constant 2024 US$ | 6 |
| 2020s | 150.13 million constant 2024 US$ | 112.50 million constant 2024 US$ | 170.79 million constant 2024 US$ | 6 |
Countries ranked near Equatorial Guinea
- 135 Malawi 127.88 million constant 2024 US$ compare
- 136 Malta 116.81 million constant 2024 US$ compare
- 137 Nicaragua 114.56 million constant 2024 US$ compare
- 139 Madagascar 110.60 million constant 2024 US$ compare
- 140 Papua New Guinea 109.46 million constant 2024 US$ compare
- 141 Moldova 102.67 million constant 2024 US$ compare
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 8.36 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0246 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 9.48 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 8.36 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1.11 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 10.65 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 13.67 (2050)
Frequently asked questions
- What is military spending in Equatorial Guinea?
- Military spending in Equatorial Guinea was 112.50 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Equatorial Guinea?
- The highest recorded value was 450.73 million constant 2024 US$ in 2009.
- What is the lowest military spending recorded in Equatorial Guinea?
- The lowest recorded value was 8.23 million constant 2024 US$ in 1994.
- How does Equatorial Guinea rank for military spending?
- Equatorial Guinea ranks 138th out of 162 countries with data for 2025.
- Is military spending rising or falling in Equatorial Guinea?
- Over the last ten years it is down 31.0%. 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) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.