Expense in Equatorial Guinea
Equatorial Guinea: Expense was 11.0% in 2022. ▲ Rising
Expense in Equatorial Guinea, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Equatorial Guinea is 11.0%, measured in 2022.
That represents a change of up 6.6% on the previous year and up 54.8% over ten years.
Over the whole period, expense in Equatorial Guinea peaked at 12.3% in 2020 and was at its lowest, 3.4%, in 2007.
That places Equatorial Guinea 146th out of 157 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Expense in Equatorial Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 3.7% | — |
| 2007 | 3.4% | -7.1% |
| 2008 | 4.2% | +21.4% |
| 2009 | 4.9% | +17.0% |
| 2010 | 5.6% | +15.6% |
| 2011 | 5.0% | -11.6% |
| 2012 | 7.1% | +43.4% |
| 2013 | 8.0% | +12.7% |
| 2014 | 7.1% | -11.8% |
| 2015 | 9.9% | +40.2% |
| 2016 | 10.2% | +3.0% |
| 2017 | 9.9% | -3.4% |
| 2018 | 10.3% | +4.2% |
| 2019 | 11.4% | +10.6% |
| 2020 | 12.3% | +7.4% |
| 2021 | 10.4% | -15.5% |
| 2022 | 11.0% | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.0% | 3.4% | 4.9% | 4 |
| 2010s | 8.5% | 5.0% | 11.4% | 10 |
| 2020s | 11.2% | 10.4% | 12.3% | 3 |
Countries ranked near Equatorial Guinea
- 143 Burundi 12.3% compare
- 144 Mali 12.2% compare
- 145 Central African Republic 11.7% compare
- 147 Madagascar 11.0% compare
- 148 Tajikistan 11.0% compare
- 149 Zimbabwe 11.0% compare
More economy & growth data for Equatorial Guinea
- Domestic currency per US dollar (End-of-period (EoP)) 558.26 (2025)
- Taxes less subsidies on products (current US$), annual growth rate 97.86 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0092 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 89.89 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 5.36 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 35,466 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 764.54 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 4,498 units per person (2025)
Frequently asked questions
- What is expense in Equatorial Guinea?
- Expense in Equatorial Guinea was 11.0% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Equatorial Guinea?
- The highest recorded value was 12.3% in 2020.
- What is the lowest expense recorded in Equatorial Guinea?
- The lowest recorded value was 3.4% in 2007.
- How does Equatorial Guinea rank for expense?
- Equatorial Guinea ranks 146th out of 157 countries with data for 2022.
- Is expense rising or falling in Equatorial Guinea?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is rising.
- Where does this Equatorial Guinea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.