Military Expenditure in Guinea increased to 201 USD Million in 2020 from 198 USD Million in 2019. source: SIPRI

Military Expenditure in Guinea averaged 146.50 USD Million from 1980 until 2020, reaching an all time high of 249.20 USD Million in 2015 and a record low of 26.30 USD Million in 1982. Guinea Military Expenditure - values, historical data and charts - was last updated on September of 2021.

Military Expenditure in Guinea is expected to reach 190.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Military Expenditure is projected to trend around 190.00 USD Million in 2022, according to our econometric models.

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Guinea Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
201.00 198.00 249.20 26.30 1980 - 2020 USD Million Yearly
Constant 2019 prices

Guinea Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.00 34.30 113.00 16.00 percent of GDP [+]
Government Budget -3.10 -0.50 0.50 -13.90 percent of GDP [+]
Military Expenditure 201.00 198.00 249.20 26.30 USD Million [+]
Government Spending 17336.00 15579.00 17336.00 10920.00 GNF Billion [+]
Credit Rating 15.00 [+]