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) $26,282,447,439 (2021)
GDP Growth Rate (annual %) -0.945% (2021)
GDP Per Capita, PPP (current international) $16,080 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 143/197 (2021)

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 %) 4.77% (2020)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 79.4% (2019)
Real Interest Rate (5 year average %) -4.039% (2008)
Manufacturing, value added (% of GDP) 22.748% (2021)
Current Account Balance (BoP, current US$) ($344,039,026) (1996)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 549,783 (2021)
Employment in Agriculture (% of total employment) 42.512% (2020)
Employment in Industry (% of total employment) 18.548% (2020)
Employment in Services (% of total employment) 38.94% (2020)
Unemployment Rate 9.245% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $5,716,807,023 (2021)
Exports of goods and services (current US$) $6,806,230,926 (2021)
Total Merchandise Trade (% of GDP) 61.943% (2021)
FDI, net inflows (BoP, current US$) $491,090,929 (2021)
Commercial Service Exports (current US$) $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