Skip to content
ChartBasis
Choose a language: English

Equatorial Guinea

Headline economic indicators for Equatorial Guinea, with the most recent official readings.

Prices

Prices — Equatorial Guinea
Indicator Value Change
Inflation rate · 2.9% +0.06 (+2.2%)
Consumer price index · 144.4 +4.10 (+2.9%)
GDP deflator inflation · -1.4% -6.61 (-126.5%)

GDP

GDP — Equatorial Guinea
Indicator Value Change
GDP growth rate · -5.8% -6.24 (-1,575.6%)
GDP per capita · 6,615.25 -388.33 (-5.5%)
GDP per capita, long-run history · 22,707 +169.68 (+0.8%)
GDP · 12,823,210,425.92 -431,177,835 (-3.3%)
GDP, PPP · 31,272,912,049 -1,036,929,930 (-3.2%)
GDP per capita, PPP · 16,133 -939.32 (-5.5%)
GDP per capita growth · -8.1% -6.09 (-306.0%)
GNI per capita · 5,890 -160.00 (-2.6%)
Agriculture to GDP · 3.2% +0.47 (+17.4%)
Industry to GDP · 41.4% -7.00 (-14.5%)
Manufacturing to GDP · 22.3% -3.50 (-13.6%)
Services to GDP · 55.5% +6.17 (+12.5%)
Household consumption to GDP · 53.2% -0.18 (-0.3%)
Gross capital formation to GDP · -3.7% -8.73 (-172.8%)

Labour

Labour — Equatorial Guinea
Indicator Value Change
Unemployment rate · 8.3% +0.04 (+0.5%)
Labour force participation rate · 60.5% -0.40 (-0.6%)
Female labour force participation rate · 52.6% -0.43 (-0.8%)
Youth unemployment rate · 15.7% +0.18 (+1.2%)
Employment to population ratio · 55.5% -0.39 (-0.7%)
Employment in agriculture · 55.3% +0.22 (+0.4%)
Employment in industry · 9.9% -0.21 (-2.1%)
Employment in services · 34.7% -0.01 (-0.0%)

Money

Money — Equatorial Guinea
Indicator Value Change
Broad money to GDP · 13.7% +2.46 (+22.0%)
Private sector credit to GDP · 5.8% -2.27 (-28.1%)
Bank deposit rate · 2.5% +0.00 (+0.0%)
Bank nonperforming loans · 31.1% -24.26 (-43.8%)
Official exchange rate · 581.93 -24.42 (-4.0%)

Trade

Trade — Equatorial Guinea
Indicator Value Change
Current account to GDP · -148.0% -61.00 (-70.1%)
Exports to GDP · 46.5% +1.54 (+3.4%)
Imports to GDP · 28.4% -0.90 (-3.1%)
Trade to GDP · 74.9% +0.64 (+0.9%)
Exports of goods and services · 5,965,354,779.22 +3,979,429 (+0.1%)
Imports of goods and services · 3,643,355,302.11 -241,887,987 (-6.2%)
Trade balance, goods and services (annual) · -296,425,138.51 -194,423,414 (-190.6%)
Current account balance (annual) · -344,039,026.28 -220,634,851 (-178.8%)
Foreign direct investment to GDP · 2.3% +0.87 (+61.5%)
Remittances received to GDP · 0.1% +0.00 (+0.0%)
Total reserves, including gold · 1,076,807,833.42 -461,653,720 (-30.0%)
Reserves in months of imports · 0.0 +0.01 (+436.2%)

Government

Government — Equatorial Guinea
Indicator Value Change
Government revenue to GDP · 26.4% +11.13 (+72.6%)
Government expense to GDP · 11.0% +0.69 (+6.6%)
Tax revenue to GDP · 6.6% +1.20 (+22.3%)
Government budget balance to GDP · 11.5% +8.85 (+338.2%)
Government consumption to GDP · 32.4% +6.47 (+24.9%)
Education spending to GDP · 2.2% unchanged
Health spending to GDP · 3.5% +0.66 (+23.3%)

Demography

Demography — Equatorial Guinea
Indicator Value Change
Population · 1,938,431 +45,915 (+2.4%)
Population, long-run history · 889 +21.47 (+2.5%)
Population growth · 2.4% -0.01 (-0.3%)
Life expectancy · 63.9 +0.20 (+0.3%)
Fertility rate · 4.12 +0.03 (+0.9%)
Birth rate · 30.0 +0.39 (+1.3%)
Death rate · 7.9 -0.03 (-0.3%)
Urban population share · 71.6% +0.22 (+0.3%)
Population aged 65 and over · 3.8% +0.08 (+2.1%)
Under-five mortality rate · 68.0 -2.40 (-3.4%)
Population density · 67.5 +1.60 (+2.4%)
Net migration · 3,812 -79.00 (-2.0%)
Gini index · 38.5 unchanged

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Equatorial Guinea; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.