Military Expenditure in Guinea Bissau decreased to 17.70 USD Million in 2015 from 18.90 USD Million in 2014. source: SIPRI

Military Expenditure in Guinea Bissau averaged 11.02 USD Million from 1982 until 2015, reaching an all time high of 22.20 USD Million in 2012 and a record low of 3 USD Million in 1997. Guinea Bissau Military Expenditure - values, historical data and charts - was last updated on November of 2020.

Military Expenditure in Guinea Bissau is expected to reach 18.50 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Military Expenditure is projected to trend around 20.90 USD Million in 2021, according to our econometric models.

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Guinea Bissau Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
17.70 18.90 22.20 3.00 1982 - 2015 USD Million Yearly
constant 2016 prices

Guinea Bissau Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.50 27.40 209.50 18.10 percent [+]
Government Budget -5.00 -5.10 3.60 -9.50 percent of GDP [+]
Credit Rating 15.00 [+]