Military spending in Equatorial Guinea

Equatorial Guinea: Military spending was 112.50 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
112.50 million constant 2024 US$
Change on year
down 1.8%
World rank
138th
of 162 countries
All-time high
450.73 million constant 2024 US$
in 2009
All-time low
8.23 million constant 2024 US$
in 1994
Years of data
17
1994–2025

Military spending in Equatorial Guinea, 1994–2025

0100.0M200.0M300.0M400.0M500.0M1994200920251994: 8.2M constant 2024 US$1995: 8.9M constant 2024 US$2007: 269.4M constant 2024 US$2008: 352.2M constant 2024 US$2009: 450.7M constant 2024 US$2014: 168.1M constant 2024 US$2015: 163.0M constant 2024 US$2016: 163.4M constant 2024 US$2017: 157.1M constant 2024 US$2018: 161.5M constant 2024 US$2019: 166.8M constant 2024 US$2020: 170.8M constant 2024 US$2021: 165.2M constant 2024 US$2022: 170.7M constant 2024 US$2023: 167.0M constant 2024 US$2024: 114.5M constant 2024 US$2025: 112.5M constant 2024 US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 135 Malawi 127.88 million constant 2024 US$ compare
  2. 137 Nicaragua 114.56 million constant 2024 US$ compare
  3. 139 Madagascar 110.60 million constant 2024 US$ compare
  4. 140 Papua New Guinea 109.46 million constant 2024 US$ compare
  5. 141 Moldova 102.67 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Equatorial Guinea

All data for Equatorial Guinea →

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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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.