Equatorial Guinea vs Venezuela, Bolivarian Republic of: Government spending as share of GDP vs. GDP per capita

Equatorial Guinea
18.5%
in 2024
Venezuela, Bolivarian Republic of
17.6%
in 2024
Equatorial Guinea rank
134th
Venezuela, Bolivarian Republic of rank
137th

Government spending as share of GDP vs. GDP per capita over time

  • Equatorial Guinea
  • Venezuela, Bolivarian Republic of
0200400600192019722024

How they compare

Equatorial Guinea currently reports 18.5% against 17.6% in Venezuela, Bolivarian Republic of, a difference of 0.9%.

That makes Equatorial Guinea's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 10 times across 40 shared years of data; in 1985 it was Equatorial Guinea ahead.

Equatorial Guinea ranks 134th and Venezuela, Bolivarian Republic of ranks 137th of 151 countries.

Across the 5 decades both report, Equatorial Guinea averaged higher in 3 and Venezuela, Bolivarian Republic of in 2.

Head to head by decade

Decade Equatorial Guinea Venezuela, Bolivarian Republic of Difference Ahead
1980s 152.4% 26.5% 125.9% Equatorial Guinea
1990s 209.1% 31.3% 177.8% Equatorial Guinea
2000s 18.6% 33.2% 14.6% Venezuela, Bolivarian Republic of
2010s 28.0% 30.0% 2.0% Venezuela, Bolivarian Republic of
2020s 16.3% 14.0% 2.2% Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending as share of gdp vs. gdp per capita, Equatorial Guinea or Venezuela, Bolivarian Republic of?
Equatorial Guinea, at 18.5% against 17.6% in Venezuela, Bolivarian Republic of as of 2024.
What is the difference in government spending as share of gdp vs. gdp per capita between Equatorial Guinea and Venezuela, Bolivarian Republic of?
0.9%, with Equatorial Guinea ahead.
How many years of comparable data are there for Equatorial Guinea and Venezuela, Bolivarian Republic of?
40 years are reported by both, from 1985 to 2024.
How do Equatorial Guinea and Venezuela, Bolivarian Republic of rank globally for government spending as share of gdp vs. gdp per capita?
Equatorial Guinea ranks 134th and Venezuela, Bolivarian Republic of ranks 137th of 151 countries.
Where does this data come from?
International Monetary Fund (2025) – with minor processing by Our World in Data, published as Government spending as share of GDP vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Equatorial Guinea vs Venezuela, Bolivarian Republic of: Government spending as share of GDP vs. GDP per capita. Statizoid, drawing on International Monetary Fund (2025) – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/government-spending-vs-gdp-per-capita/equatorial-guinea/venezuela-rb/

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About this data

Indicator
Government spending as share of GDP vs. GDP per capita
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.