Military Expenditures (As % of Government Expenditure) fell to 0.629% in Equatorial Guinea in 2016

Military Expenditures (As % of Government Expenditure) (%)
Military & Defense | Equatorial Guinea | February 1, 2019
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Military expenditures as a share of government expenditure reached 0.629 % in 2016 in Equatorial Guinea, according to the SIPRI Military Expenditure Database. This is 74.4 % less than in the previous year.

Historically, military expenditures as a share of government expenditure in Equatorial Guinea reached an all time high of 7.63 % in 2007 and an all time low of 0.390 % in 1994. When compared to Equatorial Guinea's main peers, military expenditures as a share of government expenditure in Cameroon amounted to 5.90 %, 15.8 % in Congo, 6.63 % in Gabon and 4.33 % in Nigeria in 2016.

Equatorial Guinea has been ranked 146th within the group of 146 countries we follow in terms of military expenditures as a share of government expenditure.

Military expenditure is derived from the NATO definition, which includes all current and capital expenditure on the armed forces, including peacekeeping forces, defence ministries and other government agencies engaged in defence projects, paramilitary forces, if these are judged to be trained and equipped for military operations, and military space activities.

Military Expenditures (As % of Government Expenditure) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % 8.70% 8.70% 12.0% 12.9% 11.5%
Benin % ... ... ... 4.93% 4.61% 4.93% 4.40%
Cameroon % 6.36% 6.85% 6.07% 5.66% 6.04%
Central African Republic % 14.5% 12.0% 21.2% 17.7% 11.3%
Chad % 22.4% ... 24.5% 12.8% 11.9%
Congo % ... ... ... 5.28% 9.63% ...
Dem. Republic of the Congo % 6.61% 8.26% 9.91% 5.47% 8.08%
Equatorial Guinea % ... ... ... ... 2.46% ... ...
Gabon % ... 6.73% 6.76% 4.63% 4.82% 5.33%
Niger % 6.75% 9.51% 5.09% ... ...
Nigeria % 3.34% 3.57% 3.51% 3.29% 3.76%