Guinea vs Madagascar: Defense expenditure

Guinea
170.00 billion current LCU
in 2003
Madagascar
312.90 billion current LCU
in 2004
Guinea rank
5th
Madagascar rank
3rd

Defense expenditure over time

  • Guinea
  • Madagascar
0100.0B200.0B300.0B199219982004

How they compare

Madagascar currently reports 312.90 billion current LCU against 170.00 billion current LCU in Guinea, a difference of 142.90 billion current LCU.

That makes Madagascar's figure about 1.8 times Guinea's.

Guinea ranks 5th and Madagascar ranks 3rd of 29 countries.

Individual pages

About this data

Indicator
Defense expenditure (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
29 places, 425 data points, 1967–2011
Last refreshed

Defense expenditures for NATO countries are based on the NATO definition, which covers military-related expenditures of the defense ministry (including recruiting, training, construction, and the purchase of military supplies and equipment) and other ministries. Civilian-type expenditures of the defense ministry are excluded. Military assistance is included in the expenditures of the donor country, and purchases of military equipment on credit are included at the time the debt is incurred, not at the time of payment. Data for other countries generally cover expenditures of the ministry of defense (excluded are expenditures on public order and safety, which are classified separately). Data are in current local currency.