Indicators of economy in Equatorial Guinea

GNQ · Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Location

GDP per capita: 6,745 USD (PPP: 17,567 intl$) · Total GDP: 12.8 billion USD (2024)

Income and purchasing power

The average monthly income in Equatorial Guinea is 395 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 12.77 billion USD 6,745 USD
Gross National Product (GNI) 4,740 USD
GDP (PPP) 17,567 intl$

Development of gross domestic product in billions of USD 1962 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 12.77 6,745
2023 12.34 6,678
2022 13.69 7,589
2021 12.22 6,946
2020 9.89 5,764
2019 11.36 6,804
2018 13.10 8,102
2017 12.20 7,809
2016 11.24 7,453
2015 13.19 9,069
2014 21.77 15,549
2013 21.95 16,304
2012 22.39 17,309
2011 21.36 17,198
2010 16.31 13,720
2009 15.03 13,233
2008 19.75 18,211
2007 13.07 12,617
2006 10.09 10,185
2005 8.22 8,674
2004 4.41 4,901
2003 2.48 2,931
2002 1.81 2,264
2001 1.46 1,949
2000 1.05 1,487
1999 0.62 931
1998 0.37 578
1997 0.44 717
1996 0.23 392
1995 0.14 248
1994 0.10 183
1993 0.14 257
1992 0.13 264
1991 0.11 225
1990 0.11 236
1989 0.09 193
1988 0.10 229
1987 0.09 221
1986 0.08 189
1985 0.06 161
1984 0.05 138
1983 0.04 129
1982 0.04 137
1981 0.04 121
1980 0.05 175
1977 0.10 376
1976 0.10 369
1975 0.10 362
1974 0.09 319
1973 0.08 269
1972 0.07 211
1971 0.06 206
1970 0.07 207
1969 0.07 208
1968 0.07 212
1967 0.07 232
1966 0.07 227
1965 0.06 217
1964 0.05 178
1963 0.04 155
1962 0.04 133

Largest economic sectors

The main economic sectors in Equatorial Guinea play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Equatorial Guinea Per Capita
Imports 3.24 billion USD (25.4% of GDP)
Exports 4.49 billion USD (35.2% of GDP)

Household debt and deficits 2024

Data on government debt, budget deficit/surplus, and household debt is being collected.

Note: Household debt data represents domestic credit to private sector (% of GDP) from World Bank. This indicator includes credit to both households and non-financial corporations, providing an approximation of household debt levels.

Corruption in Equatorial Guinea

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 8.3%
2024 8.3%
2023 8.2%
2022 8.3%
2021 8.8%
2020 8.6%
2019 7.9%
2018 7.8%
2017 7.8%
2016 7.8%
2015 7.8%
2014 7.7%
2013 7.7%
2012 7.8%
2011 7.8%
2010 7.8%
2009 7.7%
2008 7.6%
2007 7.6%
2006 7.6%
2005 7.7%
2004 7.7%
2003 7.7%
2002 7.6%
2001 7.6%
2000 7.4%
1999 7.4%
1998 7.3%
1997 7.3%
1996 7.2%
1995 7.2%
1994 7.1%
1993 7.0%
1992 6.9%
1991 6.7%

Inflation rates in percentages 1986 - 2024

Year Inflation Rate (%)
2024 2.9%
2023 2.9%
2022 4.8%
2021 -0.1%
2020 4.8%
2019 1.5%
2018 1.1%
2017 0.7%
2016 1.4%
2015 1.7%
2014 4.3%
2013 2.9%
2012 3.7%
2011 4.8%
2010 7.8%
2009 4.7%
2008 6.6%
2007 2.8%
2006 4.4%
2005 5.6%
2004 4.2%
2003 7.3%
2002 7.6%
2001 8.8%
2000 4.8%
1999 0.4%
1998 7.9%
1997 3.0%
1996 4.5%
1995 19.9%
1994 31.8%
1993 5.5%
1992 -4.3%
1991 -3.4%
1990 0.9%
1989 6.2%
1988 2.5%
1987 -13.2%
1986 -17.6%

Frequently Asked Questions

What is the GDP per capita of Equatorial Guinea in 2024?

The GDP per capita of Equatorial Guinea is 6,745 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 17,567 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Equatorial Guinea?

The main economic sectors in Equatorial Guinea include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Equatorial Guinea in 2024?

The inflation rate in Equatorial Guinea is 2.9% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Equatorial Guinea including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Equatorial Guinea's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Equatorial Guinea's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026