Military Expenditure in Guinea decreased to 192 USD Million in 2018 from 199 USD Million in 2017.

Military Expenditure in Guinea averaged 137.34 USD Million from 1991 until 2018, reaching an all time high of 213.40 USD Million in 2015 and a record low of 59.90 USD Million in 1993. Guinea Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Guinea is expected to reach 185.00 USD Million by the end of 2020, 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 2021, according to our econometric models.

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Guinea Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
192.00 199.00 213.40 59.90 1991 - 2018 USD Million Yearly
constant 2016 prices

Guinea Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.00 16.40 113.00 16.40 percent [+]
Government Budget -4.40 -2.20 0.50 -13.90 percent of GDP [+]
Military Expenditure 192.00 199.00 213.40 59.90 USD Million [+]
Credit Rating 15.00 [+]