Military expenditure in local currency reached XAF 98,381,000,000 bil in 2023 in Equatorial Guinea, according to the SIPRI Military Expenditure Database. This is 100,608,471,460% more than in the previous year.
Historically, military expenditure in local currency in Equatorial Guinea reached an all time high of XAF 98,381,000,000 bil in 2023 and an all time low of XAF 1.32 bil in 1994.
Equatorial Guinea has been ranked 61st within the group of 148 countries we follow in terms of military expenditure in local currency.
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