Annual growth of general government final consumption expenditure in Equatorial Guinea
Equatorial Guinea: Annual growth of general government final consumption expenditure was 5.7 in 2023. ◆ Volatile
Latest (2023)
5.7
Change on year
down 18.9%
World rank
27th
of 167 countries
All-time high
25.8
in 2013
All-time low
-7.45
in 2020
Years of data
18
2006–2023
Annual growth of general government final consumption expenditure in Equatorial Guinea, 2006–2023
Source: Our World in Data.
Analysis
Equatorial Guinea recorded 5.7 for annual growth of general government final consumption expenditure in 2023.
Compared with earlier readings it is down 18.9% on the previous year and down 77.9% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Equatorial Guinea peaked at 25.8 in 2013 and was at its lowest, -7.45, in 2020.
Equatorial Guinea ranks 27th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Equatorial Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 24.21 | — |
| 2007 | 19.23 | -20.6% |
| 2008 | 23.4 | +21.7% |
| 2009 | 14.77 | -36.9% |
| 2010 | 12.66 | -14.3% |
| 2011 | 22.65 | +78.9% |
| 2012 | 6.01 | -73.5% |
| 2013 | 25.8 | +329.3% |
| 2014 | -1.03 | -104.0% |
| 2015 | -0.71 | -31.1% |
| 2016 | -5.43 | +664.8% |
| 2017 | 0.44 | -108.1% |
| 2018 | 1.57 | +256.8% |
| 2019 | 0.56 | -64.3% |
| 2020 | -7.45 | -1430.4% |
| 2021 | 4.29 | -157.6% |
| 2022 | 7.03 | +63.9% |
| 2023 | 5.7 | -18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.4 | 14.77 | 24.21 | 4 |
| 2010s | 6.25 | -5.43 | 25.8 | 10 |
| 2020s | 2.39 | -7.45 | 7.03 | 4 |
Countries ranked near Equatorial Guinea
More economy & growth data for Equatorial Guinea
- Imports of goods and services (constant 2015 US$), annual growth rate 0.8836 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3009 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,991 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 11.84 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 7.34 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.97 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 18.66 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 123,449 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 5.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0211 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Equatorial Guinea?
- Annual growth of general government final consumption expenditure in Equatorial Guinea was 5.7 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Equatorial Guinea?
- The highest recorded value was 25.8 in 2013.
- What is the lowest annual growth of general government final consumption expenditure recorded in Equatorial Guinea?
- The lowest recorded value was -7.45 in 2020.
- How does Equatorial Guinea rank for annual growth of general government final consumption expenditure?
- Equatorial Guinea ranks 27th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Equatorial Guinea?
- Over the last ten years it is down 77.9%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).