Equatorial Guinea Military Spending
Defense budget and military expenditure data (1994–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$116 million
Ranked #135 of 153 countries worldwide
Percent of GDP
1.0%
Ranked #123 of 163 countries by % of GDP
Year-over-Year Change
+2.7%
From $113M in 2025
Historical Peak Spending
$451 million
Reached in 2009
Equatorial Guinea Defense Budget Summary
In 2026, Equatorial Guinea is estimated to have spent $116 million on military and defense, representing 1.0% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Equatorial Guinea is the #135 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 2.7%, from $113 million to $116 million. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 2.5% in 2009. The historical average military budget is 1.3% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 1.04% | $120M |
| 2026(estimate) | 1.04% | $116M |
| 2025 | 0.90% | $113M |
| 2024 | 0.90% | $115M |
| 2023 | 1.31% | $167M |
| 2022 | 1.15% | $171M |
| 2021 | 1.33% | $165M |
| 2020 | 1.64% | $171M |
| 2019 | 1.31% | $167M |
| 2018 | 1.14% | $162M |
| 2017 | 1.13% | $157M |
| 2016 | 1.24% | $163M |
| 2015 | 1.04% | $163M |
| 2014 | 0.77% | $168M |
| 2009 | 2.47% | $451M |
| 2008 | 1.48% | $352M |
| 2007 | 1.50% | $269M |
| 1995 | 2.05% | $9M |
| 1994 | 1.99% | $8M |