Military Expenditure in Guinea Bissau increased to 20.40 USD Million in 2017 from 17.30 USD Million in 2016. source: SIPRI

Military Expenditure in Guinea Bissau averaged 12.33 USD Million from 1982 until 2017, reaching an all time high of 23.80 USD Million in 2012 and a record low of 3.20 USD Million in 1997. Guinea Bissau Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Guinea Bissau is expected to reach 20.90 USD Million by the end of 2021, 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 2022, according to our econometric models.

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Guinea Bissau Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
20.40 17.30 23.80 3.20 1982 - 2017 USD Million Yearly
constant 2018 prices

Guinea Bissau Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.50 27.40 209.50 18.10 percent [+]
Government Budget -4.60 -5.10 3.60 -9.50 percent of GDP [+]
Credit Rating 15.00 [+]