Military Expenditure (Local Currency) rose 10.1% to GYD 17.6 bil in Guyana in 2022

Military Expenditure (Local Currency) (GYD bil), 2022
Military & Defense | Guyana | October 23, 2023
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Military expenditure in local currency rose 10.1% to GYD 17.6 bil in Guyana in 2022, according to the SIPRI Military Expenditure Database.

Historically, military expenditure in local currency in Guyana reached an all time high of GYD 17.6 bil in 2022 and an all time low of GYD 0.011 bil in 1973.

Guyana has been ranked 88th within the group of 150 countries we follow in terms of military expenditure in local currency, 2 places above 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
Bolivia BOB bil 3.59 3.98 4.17 4.10 3.52
Brazil BRL bil 84.5 93.1 103 102 101
Colombia COP bil 26,528 29,530 29,962 33,346 35,290
Guyana GYD bil 10.7 12.3 12.8 14.0 16.0
Peru PEN bil 8.56 8.70 8.70 9.19 9.27
Puerto Rico USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Suriname SRD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Trinidad and Tobago TTD bil 1.44 1.37 1.12 1.17 1.15
Venezuela VEF bil 108 4,440 3,489,538 5,391,344,960 81,449,000,000