Equatorial Guinea—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #133 of 156Updated May 2026
Latest Value
$113.1M
2024
YoY Change
-30.2%
2023 → 2024
Global Rank
#133
of 156 countries
Maximum
$371.9M
2009
Minimum
$113.1M
2024
CAGR
-3.2%
14 years
Last
$113.1M
Previous
$162.2M
Highest
$371.9M
Lowest
$113.1M
Source
World Bank World Development Indicators
Equatorial Guinea's military expenditure (usd) was $113.1M in 2024, ranking #133 out of 156 countries. This represents a -30.2% change from 2023. Over the past 14 years, the highest recorded value was $371.9M (2009) and the lowest was $113.1M (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $113.1M | -30.2% |
| 2023 | $162.2M | +3.4% |
| 2022 | $156.8M | -3.7% |
| 2021 | $162.8M | +0.3% |
| 2020 | $162.4M | +9.2% |
| 2019 | $148.6M | -0.6% |
| 2018 | $149.5M | +9.8% |
| 2017 | $136.2M | -2.1% |
| 2016 | $139.2M | +1.4% |
| 2015 | $137.3M | -17.6% |
| 2014 | $166.5M | -55.2% |
| 2009 | $371.9M | +27.0% |
| 2008 | $292.8M | +49.1% |
| 2007 | $196.3M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |