Military expenditure in local currency rose 0.538% to GNF 1,794 bil in Guinea in 2019, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Guinea reached an all time high of GNF 1,794 bil in 2019 and an all time low of GNF 0.259 bil in 1965. When compared to Guinea's main peers, military expenditure in local currency in Liberia amounted to LRD 0.017 bil, XOF 278 bil in Mali, XOF 205 bil in Senegal and SLL 235 bil in Sierra Leone in 2019.
Guinea has been ranked 16th within the group of 145 countries we follow in terms of military expenditure in local currency, 16 places below the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Algeria | DZD bil | 1,118 | 1,118 | 1,118 | 1,230 | 1,230 | ||||||||||||||||
| Burkina Faso | XOF bil | 88.6 | 112 | 170 | 210 | 220 | ||||||||||||||||
| Gambia | GMD bil | ... | ... | ... | ... | 0.553 | 0.724 | 0.762 | ||||||||||||||
| Ghana | GHS bil | 0.640 | 0.822 | 1.01 | 1.23 | 1.38 | ||||||||||||||||
| Guinea | GNF bil | ... | ... | ... | ... | ... | ... | ... | 1,451 | 1,656 | 1,785 | 1,819 | 1,993 | |||||||||
| Ivory Coast | XOF bil | ... | 357 | 295 | 338 | 314 | 349 | |||||||||||||||
| Liberia | LRD bil | ... | ... | 0.015 | 0.013 | 0.013 | 0.013 | 0.013 | ||||||||||||||
| Mali | XOF bil | 215 | 270 | 268 | 279 | 342 | ||||||||||||||||
| Mauritania | MRO bil | ... | ... | ... | 4.84 | 5.16 | 5.68 | 5.91 | 7.47 | |||||||||||||
| Niger | XOF bil | ... | ... | ... | 98.6 | 118 | 128 | 145 | 137 | |||||||||||||
| Senegal | XOF bil | 181 | 179 | 214 | 209 | 199 | ||||||||||||||||
| Sierra Leone | SLL bil | 271 | 291 | 236 | 247 | 219 |
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