Guyana military spending/defense budget for 2023 was 96.21 million US dollars, a 9.08% increase from 2022.
Guyana military spending/defense budget for 2022 was 88.20 million US dollars, a 15.22% increase from 2021.
Guyana military spending/defense budget for 2021 was 76.54 million US dollars, a 0% increase from 2020.
Guyana military spending/defense budget for 2020 was 76.54 million US dollars, a 13.89% increase from 2019.
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).