Equatorial Guinea GQ: Military Expenditure: % of GDP

1994 - 2016 | Yearly | % | World Bank

Equatorial Guinea GQ: Military Expenditure: % of GDP data was reported at 0.179 % in 2016. This records a decrease from the previous number of 0.776 % for 2014. Equatorial Guinea GQ: Military Expenditure: % of GDP data is updated yearly, averaging 1.502 % from Dec 1994 to 2016, with 7 observations. The data reached an all-time high of 2.475 % in 2009 and a record low of 0.179 % in 2016. Equatorial Guinea GQ: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Equatorial Guinea – Table GQ.World Bank.WDI: Defense and Official Development Assistance. 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.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Equatorial Guinea's Equatorial Guinea GQ: Military Expenditure: % of GDP from 1994 to 2016 in the chart:

Equatorial Guinea Equatorial Guinea GQ: Military Expenditure: % of GDP

What was Equatorial Guinea's Equatorial Guinea GQ: Military Expenditure: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
0.17 2016 0.77 2014 0.17 2016 2.47 2009 % yearly 1994 - 2016

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Equatorial Guinea Key Series

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 14,690.650 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 8,169.760 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) -0.981 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XAF bn) 1,407.840 2028 yearly 1980 - 2028
Forecast: Government Net Debt (XAF bn) 1,997.970 2028 yearly 1980 - 2028
Forecast: Government Revenue (XAF bn) 1,024.370 2028 yearly 1980 - 2028
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 1.777 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 3.000 2028 yearly 1981 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.767 2028 yearly 1987 - 2028

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