Equatorial Guinea: Economy

Economic Trivia

Equatorial Guinea is the third largest producer of oil in Sub-Saharan Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Petroleum; Natural Gas; Sawmilling

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $28,516,791,412 (2014)
GDP Growth Rate (annual %) -0.304% (2014)
GDP Per Capita, PPP (current international) $34,739 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 124/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 6.353% (2013)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 47.1% (2015)
Real Interest Rate (5 year average %) 12.531% (2007)
Manufacturing, value added (% of GDP) 13.584% (2009)
Current Account Balance (BoP, current US$) ($344,039,026) (1996)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 431,124 (2014)
Employment in Agriculture (% of total employment) 76.3% (1983)
Employment in Industry (% of total employment) 4.8% (1983)
Employment in Services (% of total employment) 17.6% (1983)
Unemployment Rate 7.9% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $10,427,594,623 (2014)
Exports of goods and services (current US$) $14,848,128,718 (2014)
Total Merchandise Trade (% of GDP) 122.99% (2014)
FDI, net inflows (BoP, current US$) $1,933,000,000 (2014)
Commercial Service Exports (current US$) $4,879,265 (1996)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Equatorial Guinea’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary