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Equatorial Guinea - Military Spending 2020

Name: Equatorial Guinea Military Spending 2020
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

1.64% +0.33% from 2019 Global rank: 80th

Equatorial Guinea's military spending was 1.64% in 2020, increased +0.33% from 1.31% in 2019. This was the 80th highest globally.

Global Ranking - 2020▾

Military Spending by Country - 2020
Rank	Country	Value	YoY
1st	Haiti	0.10%	20.0%
2nd	Mauritius	0.16%	8.6%
3rd	Ireland	0.26%	-3.9%
4th	Ghana	0.35%	2.1%
5th	Moldova	0.39%	6.4%
6th	Papua New Guinea	0.39%	8.4%
7th	Liberia	0.42%	1.4%
8th	Guatemala	0.44%	2.5%
9th	Benin	0.46%	-3.1%
10th	Sierra Leone	0.49%	29.2%
11th	Malta	0.53%	7.4%
12th	Luxembourg	0.58%	5.8%
13th	Cabo Verde	0.62%	43.3%
14th	Nicaragua	0.63%	4.1%
15th	Nigeria	0.63%	37.6%
16th	Madagascar	0.67%	23.4%
17th	Mongolia	0.71%	7.3%
18th	Mexico	0.72%	40.9%
19th	Congo, Democratic Republic of	0.73%	5.1%
20th	Argentina	0.73%	4.9%
21st	Dominican Republic	0.75%	8.2%
22nd	Switzerland	0.77%	10.9%
23rd	Trinidad and Tobago	0.81%	10.8%
24th	Gambia, The	0.82%	2.4%
25th	Bosnia and Herzegovina	0.83%	2.5%
26th	Malawi	0.83%	9.7%
27th	Austria	0.89%	17.6%
28th	Indonesia	0.89%	21.6%
29th	Kazakhstan	0.91%	-11.1%
30th	Tajikistan	0.95%	-4.9%
31st	South Africa	0.96%	8.4%
32nd	Côte d'Ivoire	0.96%	8.5%
33rd	Cameroon	0.96%	-9.4%
34th	Zimbabwe	0.97%	49.3%
35th	Sudan	0.98%	-40.1%
36th	Malaysia	1.00%	11.9%
37th	Belgium	1.01%	13.4%
38th	Japan	1.02%	2.5%
39th	Kosovo	1.02%	23.0%
40th	Paraguay	1.03%	5.5%
41st	Slovenia	1.07%	0.3%
42nd	Tanzania	1.08%	1.5%
43rd	Kenya	1.11%	-0.4%
44th	Egypt, Arab Republic of	1.12%	-5.0%
45th	Somalia, Fed. Rep.	1.14%	37.3%
46th	Sweden	1.15%	4.8%
47th	Zambia	1.17%	-7.2%
48th	North Macedonia	1.24%	7.0%
49th	Bangladesh	1.24%	0.0%
50th	Belize	1.27%	24.6%
51st	Czechia	1.30%	14.3%
52nd	Albania	1.30%	1.2%
53rd	Philippines	1.30%	14.7%
54th	Peru	1.32%	9.2%
55th	Nepal	1.32%	7.1%
56th	Brazil	1.33%	-4.1%
57th	New Zealand	1.34%	3.6%
58th	Spain	1.35%	10.6%
59th	Germany	1.36%	9.3%
60th	Afghanistan	1.36%	16.0%
61st	Seychelles	1.37%	17.8%
62nd	Denmark	1.37%	5.7%
63rd	El Salvador	1.38%	16.9%
64th	Bolivia, Plurinational State of	1.39%	-4.1%
65th	Canada	1.39%	8.5%
66th	Guyana	1.40%	7.9%
67th	Belarus	1.40%	0.5%
68th	Netherlands	1.41%	8.8%
69th	Senegal	1.41%	-7.6%
70th	Portugal	1.43%	3.8%
71st	Finland	1.44%	5.5%
72nd	Thailand	1.46%	10.1%
73rd	Honduras	1.47%	-7.1%
74th	Guinea	1.47%	-0.2%
75th	Rwanda	1.47%	23.0%
76th	Guinea-Bissau	1.52%	1.7%
77th	European Union	1.54%	11.7%
78th	Bulgaria	1.59%	-49.6%
79th	Fiji	1.61%	11.1%
80th	Equatorial Guinea	1.64%	25.4%
81st	Croatia	1.70%	5.8%
82nd	Jamaica	1.71%	1.5%
83rd	Gabon	1.72%	8.6%
84th	Italy	1.73%	32.4%
85th	Niger	1.73%	-9.6%
86th	Montenegro	1.74%	30.2%
87th	Sri Lanka	1.74%	-0.7%
88th	Hungary	1.75%	31.5%
89th	China	1.76%	4.4%
90th	Timor-Leste	1.78%	5.1%
91st	Cambodia	1.78%	9.8%
92nd	Georgia	1.79%	1.5%
93rd	Angola	1.81%	2.4%
94th	Eswatini	1.86%	-1.9%
95th	Central African Republic	1.86%	3.9%
96th	South Sudan	1.87%	-50.9%
97th	Lesotho	1.88%	0.3%
98th	Cyprus	1.90%	7.1%
99th	Slovak Republic	1.90%	11.8%
100th	Norway	1.97%	6.6%
101st	Romania	2.00%	9.5%
102nd	Australia	2.01%	6.8%
103rd	France	2.02%	9.1%
104th	Mozambique	2.02%	45.7%
105th	Lithuania	2.05%	3.3%
106th	Uruguay	2.06%	2.6%
107th	Chile	2.07%	10.8%
108th	Burkina Faso	2.11%	-4.4%
109th	United Kingdom	2.16%	9.0%
110th	Togo	2.16%	-8.4%
111th	Iran, Islamic Republic of	2.18%	1.4%
112th	Burundi	2.19%	-22.1%
113th	Türkiye	2.20%	-18.4%
114th	Chad	2.21%	40.6%
115th	Latvia	2.23%	6.6%
116th	Estonia	2.26%	13.2%
117th	Poland	2.26%	15.9%
118th	Serbia	2.30%	5.2%
119th	Mauritania	2.39%	19.7%
120th	Ecuador	2.46%	12.7%
121st	Uganda	2.47%	43.7%
122nd	Congo, Republic of	2.60%	21.2%
123rd	Korea	2.64%	4.9%
124th	Tunisia	2.71%	13.8%
125th	Singapore	2.80%	1.6%
126th	India	2.80%	10.1%
127th	Greece	3.02%	16.4%
128th	Lebanon	3.03%	-36.1%
129th	Kyrgyz Republic	3.11%	14.6%
130th	Iraq	3.11%	-3.9%
131st	Myanmar	3.12%	42.6%
132nd	Botswana	3.33%	8.2%
133rd	Mali	3.40%	23.5%
134th	Namibia	3.48%	5.5%
135th	Pakistan	3.49%	-0.5%
136th	Colombia	3.53%	12.4%
137th	Brunei Darussalam	3.63%	18.1%
138th	United States	3.65%	6.9%
139th	Morocco	3.98%	38.9%
140th	Bahrain	4.06%	0.7%
141st	Russian Federation	4.14%	7.4%
142nd	Ukraine	4.40%	8.2%
143rd	Jordan	4.70%	3.0%
144th	Armenia	4.98%	4.1%
145th	Azerbaijan	5.24%	36.2%
146th	Israel	5.28%	4.0%
147th	Algeria	5.89%	10.5%
148th	Kuwait	6.47%	21.6%
149th	Oman	8.03%	7.9%
150th	Saudi Arabia	8.79%	12.8%

FAQ

What was Equatorial Guinea's military spending in 2020?▾

Equatorial Guinea's military spending in 2020 was 1.64%. This ranked 80th globally.

How did Equatorial Guinea's military spending change in 2020?▾

Equatorial Guinea's military spending increased by 25.4% in 2020 compared to 2019.

Which country had the highest military spending in 2020?▾

Saudi Arabia had the highest military spending in 2020 at 8.79%.

What is the military spending of Equatorial Guinea in 2020?▾

The military spending of Equatorial Guinea in 2020 was 1.64%. This ranked 80th globally.

How does 2020 compare to 2019 for Equatorial Guinea's military spending?▾

Equatorial Guinea's military spending went from 1.31% in 2019 to 1.64% in 2020, a 25.4% increase.

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