Equatorial Guinea Economic Statistics and Indicators

16, Jul 2018, EDT. Welcome to the Equatorial Guinea economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Equatorial Guinea › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 722,254 (July 2014 est.)
Area: total: 28,051 sq km ; land: 28,051 sq km ; water: 0 sq km
Natural Resources: petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay
Capital: name: Malabo ; geographic coordinates: 3 45 N, 8 47 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time)

The discovery and exploitation of large oil and gas reserves have contributed to dramatic economic growth, but fluctuating oil prices along with slowing or declining oil production have resulted in much lower GDP growth in recent years. The economy is still dominated by hydrocarbon production. The government has solicited foreign investment, particularly from the United States, to diversify the economy and in February 2014 the government hosted an economic diversification symposium focused on attracting investment in five sectors: agriculture and animal ranching, fishing, mining and petrochemicals, tourism, and financial services. Undeveloped mineral resources include gold, zinc, diamonds, columbite-tantalite, and other base metals. Forestry and farming are also minor components of GDP. Subsistence farming is the dominant form of livelihood. Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth. The government has stated its intention to reinvest some oil revenue into agriculture. A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement. The government has been widely criticized for its lack of transparency and misuse of oil revenues and has attempted to address this issue by working towards compliance with the Extractive Industries Transparency Initiative.
More on the Equatorial Guinea Economy
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Economic Indicator Listing
  For Equatorial Guinea in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) -12.194 %
GDP (Current Prices, National Currency)XAF 5,558.32 Billion.
GDP (Current Prices, US Dollars)US$ 9.403 Billion
GDP Deflator 116.252 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)XAF 5,981,284.35 .
GDP Per Capita (Current Prices, National Currency)XAF 6,953,357.80 .
GDP Per Capita (Current Prices, US Dollars)US$ 11,762.39
GDP (PPP), US DollarsUS$ 25.386 Billion
GDP Per Capita (PPP), US DollarsUS$ 31,757.69
GDP Share of World Total (PPP) 0.022 %
Implied PPP Conversion Rate 218.95
Investment (% of GDP) 54.445 %
Gross National Savings (% of GDP) 23.862 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 208.211 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 3.15 %
Inflation, End of Year (Indexed to Year 2000) 210.052 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 2 %
Import Volume of All Items Including Goods and Services (Percent Change) -13.28 %
Import Volumes of Goods Only (Percent Change) -16.353 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.059 %
Export Volumes of Goods Only (Percent Change) 4.843 %
Population 0.799 Million
General government revenue (National Currency)XAF 1,955.45 Billions.
General government revenue (% of GDP) 35.181 %
General government total expenditure (National Currency)XAF 2,124.00 Billions.
General government total expenditure (% of GDP) 38.213 %
Total Government Net Lending/ Borrowing (National Currency)XAF -168.554 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -3.032 %
Fiscal Year Gross Domestic Product, Current PricesXAF 5,558.32 Billions.
Current Account Balance (US Dollars)US$ -0.617 Billion
Current Account Balance (% GDP) -6.566 %
Economic Indicators for Equatorial Guinea 2015

GDP (Constant Prices, National Currency) for Equatorial Guinea in year 2015 is XAF 4,781.27 Billion.

GDP Growth (Constant Prices, National Currency) for Equatorial Guinea in year 2015 is -12.194 %.

GDP (Current Prices, National Currency) for Equatorial Guinea in year 2015 is XAF 5,558.32 Billion.

GDP (Current Prices, US Dollars) for Equatorial Guinea in year 2015 is US$ 9.403 Billion.

GDP Deflator for Equatorial Guinea in year 2015 is 116.252 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Equatorial Guinea in year 2015 is XAF 5,981,284.35 .

GDP Per Capita (Current Prices, National Currency) for Equatorial Guinea in year 2015 is XAF 6,953,357.80 .

GDP Per Capita (Current Prices, US Dollars) for Equatorial Guinea in year 2015 is US$ 11,762.39 .

GDP (PPP), US Dollars for Equatorial Guinea in year 2015 is US$ 25.386 Billion.

GDP Per Capita (PPP), US Dollars for Equatorial Guinea in year 2015 is US$ 31,757.69 .

GDP Share of World Total (PPP) for Equatorial Guinea in year 2015 is 0.022 %.

Implied PPP Conversion Rate for Equatorial Guinea in year 2015 is 218.95 .

Investment (% of GDP) for Equatorial Guinea in year 2015 is 54.445 %.

Gross National Savings (% of GDP) for Equatorial Guinea in year 2015 is 23.862 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Equatorial Guinea in year 2015 is 208.211 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Equatorial Guinea in year 2015 is 3.15 %.

Inflation, End of Year (Indexed to Year 2000) for Equatorial Guinea in year 2015 is 210.052 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Equatorial Guinea in year 2015 is 2 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Equatorial Guinea in year 2015 is -13.28 %.

Import Volumes of Goods Only (Percent Change) for Equatorial Guinea in year 2015 is -16.353 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Equatorial Guinea in year 2015 is 5.059 %.

Export Volumes of Goods Only (Percent Change) for Equatorial Guinea in year 2015 is 4.843 %.

Population for Equatorial Guinea in year 2015 is 0.799 Million .

General government revenue (National Currency) for Equatorial Guinea in year 2015 is XAF 1,955.45 Billions.

General government revenue (% of GDP) for Equatorial Guinea in year 2015 is 35.181 %.

General government total expenditure (National Currency) for Equatorial Guinea in year 2015 is XAF 2,124.00 Billions.

General government total expenditure (% of GDP) for Equatorial Guinea in year 2015 is 38.213 %.

Total Government Net Lending/ Borrowing (National Currency) for Equatorial Guinea in year 2015 is XAF -168.554 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Equatorial Guinea in year 2015 is -3.032 %.

Fiscal Year Gross Domestic Product, Current Prices for Equatorial Guinea in year 2015 is XAF 5,558.32 Billions.

Current Account Balance (US Dollars) for Equatorial Guinea in year 2015 is US$ -0.617 Billion.

Current Account Balance (% GDP) for Equatorial Guinea in year 2015 is -6.566 %.

* Source: IMF
Aggregate Indicators for Equatorial Guinea
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Equatorial Guinea
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Equatorial Guinea
  Natural Resources, Agricultural Products, Land Use and Water Use for Equatorial Guinea
  Nationality, Ethnic Groups, Languages and Religions for Equatorial Guinea
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Equatorial Guinea
  Age Structure, Median Age, Gender and Urbanization for Equatorial Guinea
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Equatorial Guinea
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Equatorial Guinea
  HIV, AIDS and Other Major Infectious Disease Rates for Equatorial Guinea
  Literacy Rate, Educational Expenditure and School Life Expectancy for Equatorial Guinea
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Equatorial Guinea
  Industries and Industrial Growth Production Rate for Equatorial Guinea
  Labor Force by Occupation for Equatorial Guinea
  Poverty Line, Gini Index, Household Income and Consumption for Equatorial Guinea
  National Budget and Public Debt for Equatorial Guinea
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Equatorial Guinea
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Equatorial Guinea
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Equatorial Guinea
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Equatorial Guinea
  Foreign Exchange Reserves and Gold Reserves for Equatorial Guinea
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Equatorial Guinea
  Exchange Rate Statistics for Equatorial Guinea
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Equatorial Guinea
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Equatorial Guinea
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Equatorial Guinea
  Television and Radio Statistics (TV Stats, Radio Stats) for Equatorial Guinea
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Equatorial Guinea
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Equatorial Guinea
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Equatorial Guinea
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Equatorial Guinea
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Equatorial Guinea
* Source: CIA
Internet Indicators for Equatorial Guinea
Indicators
  Number of Internet Users for Equatorial Guinea
  Internet Penetration Rate for Equatorial Guinea
  Number of Facebook Accounts for Equatorial Guinea
  Facebook Penetration Rate for Equatorial Guinea
* Source: IWS
Economic Freedom Indicators for Equatorial Guinea
Indicators
  Economic Freedom World Rank for Equatorial Guinea
  Government Spending for Equatorial Guinea
  Monetary Freedom for Equatorial Guinea
  Investment Freedom for Equatorial Guinea
  Financial Freedom for Equatorial Guinea
  Property Rights for Equatorial Guinea
  Economic Freedom Regional Ranking for Equatorial Guinea
  Freedom from Corruption for Equatorial Guinea
  Labor Freedom for Equatorial Guinea
  Tariff Rate for Equatorial Guinea
  Income Tax Rate for Equatorial Guinea
  Corporate Tax Rate for Equatorial Guinea
  Tax Burden % of GDP for Equatorial Guinea
  Government Expenditure % of GDP for Equatorial Guinea
  Business Freedom for Equatorial Guinea
  Trade Freedom for Equatorial Guinea
  Fiscal Freedom for Equatorial Guinea
  2016 Score for Equatorial Guinea
* Source: HFO
Equatorial Guinea Economic Indicators in other Years
  Equatorial Guinea Economic Indicators for Year 2021 (Forecast)
  Equatorial Guinea Economic Indicators for Year 2020 (Forecast)
  Equatorial Guinea Economic Indicators for Year 2019 (Forecast)
  Equatorial Guinea Economic Indicators for Year 2018 (Forecast)
  Equatorial Guinea Economic Indicators for Year 2017 (Forecast)
  Equatorial Guinea Economic Indicators for Year 2016 (Forecast)
Equatorial Guinea Economic Indicators for Year 2015 (Current)
  Equatorial Guinea Economic Indicators for Year 2014
  Equatorial Guinea Economic Indicators for Year 2013
  Equatorial Guinea Economic Indicators for Year 2012
  Equatorial Guinea Economic Indicators for Year 2011
  Equatorial Guinea Economic Indicators for Year 2010
  Equatorial Guinea Economic Indicators for Year 2009
  Equatorial Guinea Economic Indicators for Year 2008
  Equatorial Guinea Economic Indicators for Year 2007
  Equatorial Guinea Economic Indicators for Year 2006
  Equatorial Guinea Economic Indicators for Year 2005
  Equatorial Guinea Economic Indicators for Year 2004
  Equatorial Guinea Economic Indicators for Year 2003
  Equatorial Guinea Economic Indicators for Year 2002
  Equatorial Guinea Economic Indicators for Year 2001
  Equatorial Guinea Economic Indicators for Year 2000
  Equatorial Guinea Economic Indicators for Year 1999
  Equatorial Guinea Economic Indicators for Year 1998
  Equatorial Guinea Economic Indicators for Year 1997
  Equatorial Guinea Economic Indicators for Year 1996
  Equatorial Guinea Economic Indicators for Year 1995
  Equatorial Guinea Economic Indicators for Year 1994
  Equatorial Guinea Economic Indicators for Year 1993
  Equatorial Guinea Economic Indicators for Year 1992
  Equatorial Guinea Economic Indicators for Year 1991
  Equatorial Guinea Economic Indicators for Year 1990
  Equatorial Guinea Economic Indicators for Year 1989
  Equatorial Guinea Economic Indicators for Year 1988
  Equatorial Guinea Economic Indicators for Year 1987
  Equatorial Guinea Economic Indicators for Year 1986
  Equatorial Guinea Economic Indicators for Year 1985
  Equatorial Guinea Economic Indicators for Year 1984
  Equatorial Guinea Economic Indicators for Year 1983
  Equatorial Guinea Economic Indicators for Year 1982
  Equatorial Guinea Economic Indicators for Year 1981
  Equatorial Guinea Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International