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Equatorial Guinea Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

Equatorial Guinea's military spending was 1.01% in 2025, ranked 108th globally. This represents a 3.3% increase from 2024. Data from World Bank, covering 1994–2025.

1.01% +0.03% (+3.3%)
Year 2025 Rank #108 Global Peak 2.47% (2009) Source World Bank

Equatorial Guinea Military Spending (1994–2025)

Overview

Equatorial Guinea's military spending stood at 1.01% in 2025, a rise of +0.03% from 2024. Based on recent trends, this figure is projected to reach 1.01% by 2025. Equatorial Guinea ranked 108th globally.

Equatorial Guinea’s military outlays have fallen sharply from an all‑time peak of 2.47 percent of GDP in 2009 to a trough of 0.77 percent in 2014, before modestly rising to 1.01 percent in 2025, placing the country 108th globally. The 17‑year series shows a long‑term downward bias, with the post‑2014 rebound remaining well below the pre‑crisis high. Compared with peers of similar rank, Luxembourg records 1.00 percent and Jamaica 1.04 percent of GDP in 2025, indicating that Equatorial Guinea’s current spending is broadly in line with other low‑spending economies despite its oil‑rich profile. The decline after 2009 coincides with reduced oil revenues and fiscal tightening, while the slight recovery reflects modest budgetary adjustments and regional security concerns. If commodity prices stabilize and government revenues improve, the upward trajectory could continue, but any resurgence in oil income or heightened security threats would likely accelerate spending again.

Data & projection

Year Military Spending YoY change Rank
2027* trend 0.79% - -
2026* trend 0.90% - -
2025* trend 1.01% - -
2025 1.01% +0.03% #108
2024 0.98% −0.54% #38
2023 1.52% +0.22% #72
2022 1.30% −0.04% #57
2021 1.35% −0.30% #64
2020 1.64% +0.33% #80
2019 1.31% +0.17% #67
2018 1.14% +0.01% #50
2017 1.13% −0.11% #53
2016 1.24% +0.20% #62
2015 1.04% +0.28% #44
2014 0.77% −1.71% #24
2009 2.47% +0.99% #107
2008 1.48% −0.02% #77
2007 1.50% −0.54% #77
Show all years (1994-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +3192.5% GDP growth 3.2% C/A balance 6.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Equatorial Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Equatorial Guinea's military spending?▾

Equatorial Guinea's military spending was 1.01% in 2025. Ranked 108th globally. This represents a 3.3% increase from the previous year.

What was the highest military spending in Equatorial Guinea?▾

Equatorial Guinea's military spending peaked at 2.47% in 2009.

What was the lowest military spending in Equatorial Guinea?▾

The lowest military spending in Equatorial Guinea was 0.77% in 2014.

How does Equatorial Guinea rank in military spending?▾

Equatorial Guinea ranks 108th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?▾

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Equatorial Guinea in 2025?▾

Equatorial Guinea's military spending is projected to reach 1.01% by 2025 based on trend extrapolation.

What is the military spending of Equatorial Guinea in 2025?▾

The military spending of Equatorial Guinea in 2025 was 1.01%. This ranks 108th in the world.

Cite this page

APA
Equatorial Guinea Military Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/equatorial-guinea/military-spending/
BibTeX
@misc{historysaid_equatorial-guinea_military-spending, title = {Equatorial Guinea Military Spending}, url = {https://historysaid.com/equatorial-guinea/military-spending/}, publisher = {HistorySaid}, year = {2026} }
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