Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure

1994 - 2015 | Yearly | % | World Bank

Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure data was reported at 7.034 % in 2015. This records a decrease from the previous number of 8.249 % for 2014. Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 7.977 % from Dec 1994 (Median) to 2015, with 17 observations. The data reached an all-time high of 17.988 % in 2012 and a record low of 1.083 % in 1994. Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Guinea-Bissau – Table GW.World Bank.WDI: Defense and Official Development Assistance. 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Guinea-Bissau's Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure from 1994 to 2015 in the chart:

Guinea-Bissau Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure

What was Guinea-Bissau's Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure in 2015?

Last Previous Min Max Unit Frequency Range
7.034 2015 8.249 2014 1.083 1994 17.988 2012 % yearly 1994 - 2015

Related Indicators for Guinea-Bissau GW: Military Expenditure as % of General Government Expenditure

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Guinea-Bissau Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 3,878.060 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 1,111.130 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.000 2027 yearly 1981 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (GWP bn) 366.276 2029 yearly 1991 - 2029
Forecast: Government Net Debt (GWP bn) 1,272.262 2029 yearly 1997 - 2029
Forecast: Government Revenue (GWP bn) 308.870 2029 yearly 1991 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 2.145 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.127 2029 yearly 1980 - 2029

More Indicators for Guinea-Bissau

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data