Guatemala—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #127 of 151Updated April 2026
Latest Value
2.7%
2024
YoY Change
-11.0%
2023 → 2024
Global Rank
#127
of 151 countries
Maximum
7.3%
2001
Minimum
2.7%
2024
CAGR
-3.5%
25 years
Last
2.7%
Previous
3.1%
Highest
7.3%
Lowest
2.7%
Source
World Bank World Development Indicators
Guatemala's military spending (% of govt expenditure) was 2.7% in 2024, ranking #127 out of 151 countries. This represents a -11.0% change from 2023. Over the past 25 years, the highest recorded value was 7.3% (2001) and the lowest was 2.7% (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 2.7% | -11.0% |
| 2023 | 3.1% | -5.6% |
| 2022 | 3.2% | +11.5% |
| 2021 | 2.9% | +2.5% |
| 2020 | 2.8% | -11.6% |
| 2019 | 3.2% | +13.3% |
| 2018 | 2.8% | -6.0% |
| 2017 | 3.0% | -14.3% |
| 2016 | 3.5% | +8.6% |
| 2015 | 3.2% | +3.3% |
| 2014 | 3.1% | -7.3% |
| 2013 | 3.4% | +6.0% |
| 2012 | 3.2% | +10.6% |
| 2011 | 2.9% | +1.6% |
| 2010 | 2.8% | +2.7% |
| 2009 | 2.8% | -11.8% |
| 2008 | 3.1% | +11.8% |
| 2007 | 2.8% | -5.2% |
| 2006 | 2.9% | +5.2% |
| 2005 | 2.8% | -21.7% |
| 2004 | 3.6% | -33.7% |
| 2003 | 5.4% | -1.9% |
| 2002 | 5.5% | -24.2% |
| 2001 | 7.3% | +13.1% |
| 2000 | 6.4% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |