Military expenditure in local currency rose 14.2% to GNF 1,656 bil in Guinea in 2017, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Guinea reached an all time high of GNF 1,657 bil in 2015 and an all time low of GNF 0.259 bil in 1965. When compared to Guinea's main peers, military expenditure in local currency in Liberia amounted to LRD 0.013 bil, XOF 270 bil in Mali, XOF 179 bil in Senegal and SLL 291 bil in Sierra Leone in 2017.
Guinea has been ranked 15th within the group of 151 countries we follow in terms of military expenditure in local currency, 15 places below the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Algeria | DZD bil | 1,118 | 1,118 | 1,118 | 1,230 | 1,230 | ||||||||||||||||
| Burkina Faso | XOF bil | 88.6 | 112 | 170 | 210 | 220 | ||||||||||||||||
| Gambia | GMD bil | ... | ... | ... | ... | 0.553 | 0.724 | 0.762 | ||||||||||||||
| Ghana | GHS bil | 0.640 | 0.822 | 1.01 | 1.23 | 1.38 | ||||||||||||||||
| Guinea | GNF bil | ... | ... | ... | ... | ... | ... | ... | 1,451 | 1,656 | 1,785 | 1,819 | 1,993 | |||||||||
| Ivory Coast | XOF bil | ... | 357 | 295 | 338 | 314 | 349 | |||||||||||||||
| Liberia | LRD bil | ... | ... | 0.015 | 0.013 | 0.013 | 0.013 | 0.013 | ||||||||||||||
| Mali | XOF bil | 215 | 270 | 268 | 279 | 342 | ||||||||||||||||
| Mauritania | MRO bil | ... | ... | ... | 4.84 | 5.16 | 5.68 | 5.91 | 7.47 | |||||||||||||
| Niger | XOF bil | ... | ... | ... | 98.6 | 118 | 128 | 145 | 137 | |||||||||||||
| Senegal | XOF bil | 181 | 179 | 214 | 209 | 199 | ||||||||||||||||
| Sierra Leone | SLL bil | 271 | 291 | 236 | 247 | 219 |
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