20, Jan 2021, EST.

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Country or Region: Equatorial Guinea › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Equatorial Guinea indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Central African Franc
Currency Symbol: XAF

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) for Equatorial Guinea in year 2015 is 38.213 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Equatorial Guinea No. 67 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Equatorial Guinea is 4.33 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Equatorial Guinea was 40.40 % General government total expenditure (% of GDP) for Equatorial Guinea in 2015 was or will be 5.42% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Equatorial Guinea was or will be 37.46 %, which is 1.97% less than the 2015 figure.