Equatorial Guinea Military Spending/Defense Budget 1994-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Equatorial Guinea military spending/defense budget for 2019 was $0.16B, a 7.5% increase from 2018.
  • Equatorial Guinea military spending/defense budget for 2018 was $0.15B, a 9.76% increase from 2017.
  • Equatorial Guinea military spending/defense budget for 2017 was $0.14B, a 2.15% decline from 2016.
  • Equatorial Guinea military spending/defense budget for 2016 was $0.14B, a 1.41% increase from 2015.
Data Source: World Bank

MLA Citation:
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Country Name Billions of US $
China $240.33B
Russia $65.20B
Brazil $25.91B
Turkey $20.60B
Iran $12.53B
Algeria $10.30B
Colombia $10.17B
Iraq $7.60B
Thailand $7.29B
Mexico $6.65B
Romania $4.61B
Malaysia $3.77B
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Peru $2.77B
Lebanon $2.52B
Ecuador $2.40B
Bulgaria $2.16B
Jordan $2.03B
Kazakhstan $1.93B
Azerbaijan $1.85B
Serbia $1.14B
Belarus $0.77B
Armenia $0.65B
Dominican Republic $0.61B
Botswana $0.51B
Namibia $0.41B
Paraguay $0.38B
Guatemala $0.33B
Gabon $0.27B
Jamaica $0.27B
Albania $0.20B
Bosnia $0.17B
Equatorial Guinea $0.16B
North Macedonia $0.15B
Fiji $0.08B
Montenegro $0.08B
Guyana $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Equatorial Guinea Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2019 $0.16B 1.31%
2018 $0.15B 1.07%
2017 $0.14B 1.10%
2016 $0.14B 1.24%
2015 $0.14B 1.04%
2014 $0.17B 0.77%
2009 $0.37B 2.47%
2008 $0.29B 1.48%
2007 $0.20B 1.50%
1995 $0.00B 2.05%
1994 $0.00B 1.99%