Guyana Military Spending
Guyana spends an estimated 0.8% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $240 million (2025).
Defense budget and military expenditure data (1973–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$247 million
Ranked #117 of 153 countries worldwide
Percent of GDP
0.8%
Ranked #140 of 163 countries by % of GDP
Year-over-Year Change
+2.9%
From $240M in 2025
Historical Peak Spending
$240 million
Reached in 2025
How the 2026 figures are produced. Neither figure is a researched budget estimate. The share-of-GDP figure is the arithmetic mean of Guyana’s last 3 reported years (2023–2025), carried across both estimate years unchanged. The dollar figure is not a per-country forecast — it is the actual SIPRI figure for 2025 raised by a flat 3%, the same rate applied to every country in this group, so it can rise even where the share-of-GDP path falls. Actual SIPRI figures for Guyana run to 2025.
Guyana Defense Budget Summary
In 2026, Guyana is estimated to have spent $247 million on military and defense, representing 0.8% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Guyana is the #117 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 2.9%, from $240 million to $247 million. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 8.4% in 1985. The historical average military budget is 2.2% 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) | 0.83% | $254M |
| 2026(estimate) | 0.83% | $247M |
| 2025 | 0.99% | $240M |
| 2024 | 0.84% | $207M |
| 2023 | 0.65% | $114M |
| 2022 | 0.60% | $94M |
| 2021 | 0.95% | $86M |
| 2020 | 1.40% | $90M |
| 2019 | 1.30% | $80M |
| 2018 | 1.29% | $75M |
| 2017 | 1.25% | $73M |
| 2016 | 1.15% | $64M |
| 2015 | 1.08% | $58M |
| 2014 | 0.95% | $49M |
| 2013 | 0.84% | $44M |
| 2012 | 0.83% | $42M |
| 2011 | 0.88% | $42M |
| 2010 | 0.91% | $42M |
| 2009 | 0.98% | $44M |
| 2008 | 1.01% | $44M |
| 2007 | 0.91% | $39M |
| 2006 | 0.81% | $33M |
| 2005 | 1.41% | $34M |
| 2004 | 2.81% | $43M |
| 2003 | 2.20% | $33M |
| 2002 | 2.29% | $35M |
| 2001 | 2.02% | $31M |
| 2000 | 1.77% | $27M |
| 1996 | 0.79% | $11M |
| 1995 | 0.92% | $13M |
| 1994 | 1.01% | $13M |
| 1993 | 0.95% | $11M |
| 1992 | 0.97% | $10M |
| 1991 | 0.58% | $6M |
| 1990 | 0.91% | $8M |
| 1989 | 1.58% | $15M |
| 1988 | 2.66% | $19M |
| 1987 | 3.09% | $25M |
| 1986 | 5.36% | $37M |
| 1985 | 8.44% | $55M |
| 1984 | 4.67% | $30M |
| 1983 | 4.52% | $32M |
| 1982 | 5.13% | $41M |
| 1981 | 3.94% | $42M |
| 1980 | 3.70% | $45M |
| 1979 | 3.72% | $41M |
| 1978 | 3.89% | $48M |
| 1977 | 6.07% | $78M |
| 1976 | 8.35% | $118M |
| 1975 | 6.96% | $113M |
| 1974 | 2.85% | $40M |
| 1973 | 1.65% | $20M |