Guyana Military Spending/Defense Budget 1973-2024

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).
  • Guyana military spending/defense budget for 2021 was $0.07B, a 7.63% decline from 2020.
  • Guyana military spending/defense budget for 2020 was $0.08B, a 13.89% increase from 2019.
  • Guyana military spending/defense budget for 2019 was $0.07B, a 8.85% increase from 2018.
  • Guyana military spending/defense budget for 2018 was $0.06B, a 3.75% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $293.35B
Russia $65.91B
Iran $24.59B
Brazil $19.19B
Turkey $15.48B
Colombia $10.18B
Algeria $9.11B
Mexico $8.68B
Thailand $6.60B
Romania $5.56B
Iraq $4.73B
Malaysia $3.83B
South Africa $3.27B
Azerbaijan $2.70B
Ecuador $2.42B
Peru $2.36B
Jordan $2.18B
Kazakhstan $1.62B
Serbia $1.27B
Bulgaria $1.22B
Belarus $0.76B
Armenia $0.62B
Dominican Republic $0.58B
Botswana $0.52B
Namibia $0.40B
Paraguay $0.37B
Guatemala $0.34B
Gabon $0.31B
Albania $0.24B
North Macedonia $0.21B
Jamaica $0.21B
Bosnia $0.19B
Equatorial Guinea $0.17B
Montenegro $0.10B
Guyana $0.07B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Guyana Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $0.07B 0.96%
2020 $0.08B 1.39%
2019 $0.07B 1.60%
2018 $0.06B 1.59%
2017 $0.06B 1.65%
2016 $0.05B 1.48%
2015 $0.05B 1.45%
2014 $0.04B 1.28%
2013 $0.04B 1.18%
2012 $0.03B 1.17%
2011 $0.03B 1.26%
2010 $0.03B 1.38%
2009 $0.03B 1.53%
2008 $0.03B 1.59%
2007 $0.02B 1.43%
2006 $0.02B 1.31%
2005 $0.02B 1.41%
2004 $0.02B 2.81%
2003 $0.02B 2.20%
2002 $0.02B 2.29%
2001 $0.01B 2.02%
2000 $0.01B 1.77%
1996 $0.01B 0.79%
1995 $0.01B 0.92%
1994 $0.01B 1.01%
1993 $0.00B 0.95%
1992 $0.00B 0.97%
1991 $0.00B 0.58%
1990 $0.00B 0.91%
1989 $0.01B 1.58%
1988 $0.01B 2.66%
1987 $0.01B 3.09%
1986 $0.03B 5.36%
1985 $0.04B 8.44%
1984 $0.02B 4.67%
1983 $0.02B 4.52%
1982 $0.02B 5.13%
1981 $0.02B 3.94%
1980 $0.02B 3.70%
1979 $0.02B 3.72%
1978 $0.02B 3.89%
1977 $0.02B 6.07%
1976 $0.03B 8.35%
1975 $0.03B 6.96%
1974 $0.01B 2.85%
1973 $0.01B 1.65%