Guinea: Military spending, percent of government spending

* indicates monthly or quarterly data series
 Guinea

Military spending, percent of total government spending

 Latest value 12.79
 Year 2024
 Measure percent
 Data availability 1991 - 2024
 Average 10.99
 Min - Max 6.69 - 16.75
 Source Stockholm International Peace Research Institute
 Available for Data download
The latest value from 2024 is 12.79 percent, a decline from 13.93 percent in 2023. In comparison, the world average is 7.27 percent, based on data from 141 countries. Historically, the average for Guinea from 1991 to 2024 is 10.99 percent. The minimum value, 6.69 percent, was reached in 1997 while the maximum of 16.75 percent was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
From   To 


 Recent values Guinea: Military spending, percent of government spending
 2024 12.79
 2023 13.93
 2022 15.71
 2021 9.96
 2020 8.63
 2019 9.84
 2018 10.42
 2017 10.17




Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Other resources:

Download data from our database

All indicators for Guinea

All indicators on the website

Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

All articles



 Related indicators Latest Reference Measure
 Military spending 0.56 2024 billion U.S. dollars
 Military spending, percent of GDP 2.05 2024 percent
 Military spending, percent of government spending 12.79 2024 percent
 Armed forces 13,000 2020 people
 Armed forces, percent of labor force 0.32 2020 percent
 Arms imports 6.00 2024 dollars
This site uses cookies.
Learn more here


OK