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Military Expenditure (Local Currency) in Equatorial Guinea

Source: World Bank
Last Updated: October 23, 2023

Military expenditure in local currency reached XAF 97.8 bil in 2022 in Equatorial Guinea, according to the SIPRI Military Expenditure Database. This is 8.28% more than in the previous year.

Historically, military expenditure in local currency in Equatorial Guinea reached an all time high of XAF 176 bil in 2009 and an all time low of XAF 1.32 bil in 1994.

Equatorial Guinea has been ranked 56th within the group of 150 countries we follow in terms of military expenditure in local currency.

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