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Guyana Military Spending/Defense Budget 1973-2024

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).
  • Guyana military spending/defense budget for 2022 was $0.08B, a 10.08% increase from 2021.
  • Guyana military spending/defense budget for 2021 was $0.08B, a 0% increase from 2020.
  • Guyana military spending/defense budget for 2020 was $0.08B, a 13.89% increase from 2019.
  • Guyana military spending/defense budget for 2019 was $0.07B, a 8.85% increase from 2018.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $291.96B
Russia $86.37B
Brazil $20.21B
Turkey $10.64B
Colombia $9.94B
Algeria $9.15B
Mexico $8.54B
Iran $6.85B
Thailand $5.72B
Romania $5.19B
Lebanon $4.74B
Iraq $4.68B
Malaysia $3.67B
South Africa $3.00B
Azerbaijan $2.99B
Peru $2.85B
Ecuador $2.49B
Jordan $2.32B
Serbia $1.43B
Bulgaria $1.34B
Kazakhstan $1.13B
Belarus $0.82B
Armenia $0.80B
Dominican Republic $0.76B
Botswana $0.49B
Guatemala $0.43B
Namibia $0.37B
Paraguay $0.37B
Albania $0.29B
Gabon $0.28B
North Macedonia $0.22B
Jamaica $0.22B
Bosnia $0.18B
Equatorial Guinea $0.16B
Montenegro $0.10B
Guyana $0.08B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Venezuela $0.00B
Costa Rica $0.00B
Guyana Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $0.08B 0.57%
2021 $0.08B 1.00%
2020 $0.08B 1.40%
2019 $0.07B 1.30%
2018 $0.06B 1.29%
2017 $0.06B 1.25%
2016 $0.05B 1.15%
2015 $0.05B 1.08%
2014 $0.04B 0.95%
2013 $0.04B 0.84%
2012 $0.03B 0.83%
2011 $0.03B 0.88%
2010 $0.03B 0.91%
2009 $0.03B 0.98%
2008 $0.03B 1.01%
2007 $0.02B 0.91%
2006 $0.02B 0.81%
2005 $0.02B 1.41%
2004 $0.02B 2.81%
2003 $0.02B 2.20%
2002 $0.02B 2.29%
2001 $0.01B 2.02%
2000 $0.01B 1.77%
1996 $0.01B 0.79%
1995 $0.01B 0.92%
1994 $0.01B 1.01%
1993 $0.00B 0.95%
1992 $0.00B 0.97%
1991 $0.00B 0.58%
1990 $0.00B 0.91%
1989 $0.01B 1.58%
1988 $0.01B 2.66%
1987 $0.01B 3.09%
1986 $0.03B 5.36%
1985 $0.04B 8.44%
1984 $0.02B 4.67%
1983 $0.02B 4.52%
1982 $0.02B 5.13%
1981 $0.02B 3.94%
1980 $0.02B 3.70%
1979 $0.02B 3.72%
1978 $0.02B 3.89%
1977 $0.02B 6.07%
1976 $0.03B 8.35%
1975 $0.03B 6.96%
1974 $0.01B 2.85%
1973 $0.01B 1.65%