Defense expenditure in Guinea
Guinea: Defense expenditure was 170.00 billion current LCU in 2003. ▲ Rising
Defense expenditure in Guinea, 1999–2003
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea recorded 170.00 billion current LCU for defense expenditure in 2003.
Compared with earlier readings it is down 12.3% on the previous year and up 121.9% over five years.
Guinea ranks 5th of 29 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 76.61 billion current LCU | 76.61 billion current LCU | 76.61 billion current LCU | 1 |
| 2000s | 153.80 billion current LCU | 80.25 billion current LCU | 193.80 billion current LCU | 4 |
Countries ranked near Guinea
More science & technology data for Guinea
- Scientific and technical journal articles 54.9 (2023)
- Mobile phone subscriptions 14.10 million (2023)
- Mobile phone subscriptions per 100 people 97.88 per 100 people (2023)
- Mobile and landline phone subscriptions per 100 people 97.88 per 100 people (2023)
- Share of the population using the Internet 33.3% (2024)
- Number of people using the Internet 3.92 million users (2021)
- Landline Internet subscriptions per 100 people 0.0063 per 100 people (2022)
- Landline Internet subscriptions 882 (2022)
- Landline Internet subscriptions per 100 people, by download speed 0.01 per 100 population (2022)
- Net official development assistance to medical research and basic health sectors 79.78 million millions of constant united states dollars (2023)
Frequently asked questions
- What is defense expenditure in Guinea?
- Defense expenditure in Guinea was 170.00 billion current LCU in 2003, according to World Bank country economists.
- What is the highest defense expenditure recorded in Guinea?
- The highest recorded value was 193.80 billion current LCU in 2002.
- What is the lowest defense expenditure recorded in Guinea?
- The lowest recorded value was 76.61 billion current LCU in 1999.
- How does Guinea rank for defense expenditure?
- Guinea ranks 5th out of 29 countries with data for 2003.
- Where does this Guinea data come from?
- The figures come from World Bank country economists, published as part of Defense expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
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.