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) [1]

GDP, PPP (current international) $29,771,074,845 (2018)
GDP Growth Rate (annual %) -6.129% (2018)
GDP Per Capita, PPP (current international) $22,744 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 134/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.06% (2018)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 79.4% (2019)
Real Interest Rate (5 year average %) -4.039% (2008)
Manufacturing, value added (% of GDP) 24.814% (2018)
Current Account Balance (BoP, current US$) ($344,039,026) (1996)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 532,913 (2019)
Employment in Agriculture (% of total employment) 41.226% (2019)
Employment in Industry (% of total employment) 16.524% (2019)
Employment in Services (% of total employment) 42.251% (2019)
Unemployment Rate 9.212% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $5,822,506,219 (2018)
Exports of goods and services (current US$) $7,805,350,901 (2018)
Total Merchandise Trade (% of GDP) 61.121% (2018)
FDI, net inflows (BoP, current US$) $395,884,365 (2018)
Commercial Service Exports (current US$) $4,879,265 (1996)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank