Annual growth of imports of goods and services in Equatorial Guinea
Equatorial Guinea: Annual growth of imports of goods and services was 0.2% in 2024. ◆ Volatile
Latest (2024)
0.2%
Change on year
up 100.7%
World rank
127th
of 176 countries
All-time high
41.0%
in 2007
All-time low
-25.5%
in 2023
Years of data
19
2006–2024
Annual growth of imports of goods and services in Equatorial Guinea, 2006–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Equatorial Guinea stood at 0.2%.
That represents a change of up 100.7% on the previous year and up 103.2% over ten years.
Over the whole period, annual growth of imports of goods and services in Equatorial Guinea peaked at 41.0% in 2007 and was at its lowest, -25.5%, in 2023.
That places Equatorial Guinea 127th out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Equatorial Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 16.4% | — |
| 2007 | 41.0% | +149.2% |
| 2008 | 20.2% | -50.6% |
| 2009 | -10.2% | -150.7% |
| 2010 | 29.5% | -388.0% |
| 2011 | -19.4% | -165.7% |
| 2012 | 23.8% | -222.9% |
| 2013 | -17.7% | -174.2% |
| 2014 | -5.6% | -68.1% |
| 2015 | -15.4% | +173.9% |
| 2016 | -16.3% | +5.4% |
| 2017 | 8.3% | -151.1% |
| 2018 | 6.2% | -25.6% |
| 2019 | -11.2% | -281.3% |
| 2020 | -22.1% | +96.4% |
| 2021 | -3.4% | -84.4% |
| 2022 | 11.2% | -426.7% |
| 2023 | -25.5% | -326.8% |
| 2024 | 0.2% | -100.7% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 0.2% is below the median for upper middle income countries, which is 5.5%, 3% of the median. (48 countries reporting)
- Equatorial Guinea's 0.2% is below the median for Sub-Saharan Africa, which is 7.0%, 3% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.8% | -10.2% | 41.0% | 4 |
| 2010s | -1.8% | -19.4% | 29.5% | 10 |
| 2020s | -7.9% | -25.5% | 11.2% | 5 |
Countries ranked near Equatorial Guinea
More economy & growth data for Equatorial Guinea
- Foreign direct investment, net outflows (BoP, current US$), gaps 153.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0116 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.26 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 188.01 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 32.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 99.34 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -30.01 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0812 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 568.98 includes gold, current US$ per person (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Equatorial Guinea?
- Annual growth of imports of goods and services in Equatorial Guinea was 0.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Equatorial Guinea?
- The highest recorded value was 41.0% in 2007.
- What is the lowest annual growth of imports of goods and services recorded in Equatorial Guinea?
- The lowest recorded value was -25.5% in 2023.
- How does Equatorial Guinea rank for annual growth of imports of goods and services?
- Equatorial Guinea ranks 127th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Equatorial Guinea?
- Over the last ten years it is up 103.2%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).