Equatorial Guinea Military Spending/Defense Budget 1994-2024
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 2022 was $0.16B, a 3.69% decline from 2021.
- Equatorial Guinea military spending/defense budget for 2021 was $0.16B, a 0.27% increase from 2020.
- Equatorial Guinea military spending/defense budget for 2020 was $0.16B, a 9.24% increase from 2019.
- Equatorial Guinea military spending/defense budget for 2019 was $0.15B, a 0.58% decline from 2018.
| Equatorial Guinea Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$0.16B |
1.10% |
| 2021 |
$0.16B |
1.46% |
| 2020 |
$0.16B |
1.62% |
| 2019 |
$0.15B |
1.30% |
| 2018 |
$0.15B |
1.14% |
| 2017 |
$0.14B |
1.13% |
| 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% |
