Guinea-Bissau—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #148 of 156Updated May 2026
Latest Value
$25.3M
2023
YoY Change
+3.1%
2022 → 2023
Global Rank
#148
of 156 countries
Maximum
$25.7M
2021
Minimum
$6.2M
2001
CAGR
+4.3%
20 years
Last
$25.3M
Previous
$24.5M
Highest
$25.7M
Lowest
$6.2M
Source
World Bank World Development Indicators
Guinea-Bissau's military expenditure (usd) was $25.3M in 2023, ranking #148 out of 156 countries. This represents a +3.1% change from 2022. Over the past 20 years, the highest recorded value was $25.7M (2021) and the lowest was $6.2M (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | $25.3M | +3.1% |
| 2022 | $24.5M | -4.4% |
| 2021 | $25.7M | +6.2% |
| 2020 | $24.2M | +7.1% |
| 2019 | $22.6M | +6.5% |
| 2018 | $21.2M | +11.4% |
| 2017 | $19.0M | +20.9% |
| 2016 | $15.7M | -7.7% |
| 2015 | $17.0M | -20.7% |
| 2014 | $21.5M | -1.1% |
| 2013 | $21.7M | -11.4% |
| 2012 | $24.5M | +39.8% |
| 2011 | $17.5M | +2.3% |
| 2010 | $17.1M | +24.6% |
| 2009 | $13.7M | +13.4% |
| 2005 | $12.1M | +61.4% |
| 2003 | $7.5M | +17.9% |
| 2002 | $6.4M | +2.9% |
| 2001 | $6.2M | -35.1% |
| 2000 | $9.5M |
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 |