Gross domestic product (GDP) in Equatorial Guinea
Equatorial Guinea: Gross domestic product (GDP) was 35.90 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Equatorial Guinea, 1960–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Equatorial Guinea stood at 35.90 billion international-$ in 2021 prices.
The figure is down 3.0% on the previous year and down 32.0% over ten years.
Over the whole period, gross domestic product (gdp) in Equatorial Guinea peaked at 55.15 billion international-$ in 2021 prices in 2012 and was at its lowest, 365.50 million international-$ in 2021 prices, in 1960.
Equatorial Guinea ranks 136th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Equatorial Guinea, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1960 | 365.50 million international-$ in 2021 prices | — |
| 1961 | 369.70 million international-$ in 2021 prices | +1.1% |
| 1962 | 378.60 million international-$ in 2021 prices | +2.4% |
| 1963 | 430.32 million international-$ in 2021 prices | +13.7% |
| 1964 | 434.62 million international-$ in 2021 prices | +1.0% |
| 1965 | 469.83 million international-$ in 2021 prices | +8.1% |
| 1966 | 518.31 million international-$ in 2021 prices | +10.3% |
| 1967 | 577.98 million international-$ in 2021 prices | +11.5% |
| 1968 | 612.52 million international-$ in 2021 prices | +6.0% |
| 1969 | 641.73 million international-$ in 2021 prices | +4.8% |
| 1970 | 658.83 million international-$ in 2021 prices | +2.7% |
| 1971 | 687.07 million international-$ in 2021 prices | +4.3% |
| 1972 | 702.22 million international-$ in 2021 prices | +2.2% |
| 1973 | 753.65 million international-$ in 2021 prices | +7.3% |
| 1974 | 776.54 million international-$ in 2021 prices | +3.0% |
| 1975 | 827.61 million international-$ in 2021 prices | +6.6% |
| 1976 | 830.02 million international-$ in 2021 prices | +0.3% |
| 1977 | 890.77 million international-$ in 2021 prices | +7.3% |
| 1978 | 841.49 million international-$ in 2021 prices | -5.5% |
| 1979 | 800.31 million international-$ in 2021 prices | -4.9% |
| 1980 | 842.45 million international-$ in 2021 prices | +5.3% |
| 1981 | 867.00 million international-$ in 2021 prices | +2.9% |
| 1982 | 916.30 million international-$ in 2021 prices | +5.7% |
| 1983 | 956.72 million international-$ in 2021 prices | +4.4% |
| 1984 | 964.88 million international-$ in 2021 prices | +0.9% |
| 1985 | 1.09 billion international-$ in 2021 prices | +12.8% |
| 1986 | 1.01 billion international-$ in 2021 prices | -6.7% |
| 1987 | 1.07 billion international-$ in 2021 prices | +5.7% |
| 1988 | 1.13 billion international-$ in 2021 prices | +5.2% |
| 1989 | 1.11 billion international-$ in 2021 prices | -1.3% |
| 1990 | 1.18 billion international-$ in 2021 prices | +6.1% |
| 1991 | 1.24 billion international-$ in 2021 prices | +5.0% |
| 1992 | 1.30 billion international-$ in 2021 prices | +4.4% |
| 1993 | 1.29 billion international-$ in 2021 prices | -0.4% |
| 1994 | 805.10 million international-$ in 2021 prices | -37.6% |
| 1995 | 1.21 billion international-$ in 2021 prices | +49.9% |
| 1996 | 2.14 billion international-$ in 2021 prices | +77.7% |
| 1997 | 4.05 billion international-$ in 2021 prices | +88.6% |
| 1998 | 3.94 billion international-$ in 2021 prices | -2.6% |
| 1999 | 5.18 billion international-$ in 2021 prices | +31.4% |
| 2000 | 6.94 billion international-$ in 2021 prices | +33.9% |
| 2001 | 10.22 billion international-$ in 2021 prices | +47.4% |
| 2002 | 9.44 billion international-$ in 2021 prices | -7.6% |
| 2003 | 11.00 billion international-$ in 2021 prices | +16.4% |
| 2004 | 14.97 billion international-$ in 2021 prices | +36.1% |
| 2005 | 23.19 billion international-$ in 2021 prices | +54.9% |
| 2006 | 24.39 billion international-$ in 2021 prices | +5.1% |
| 2007 | 29.52 billion international-$ in 2021 prices | +21.0% |
| 2008 | 40.41 billion international-$ in 2021 prices | +36.9% |
| 2009 | 28.43 billion international-$ in 2021 prices | -29.7% |
| 2010 | 41.14 billion international-$ in 2021 prices | +44.7% |
| 2011 | 51.29 billion international-$ in 2021 prices | +24.7% |
| 2012 | 55.15 billion international-$ in 2021 prices | +7.5% |
| 2013 | 52.78 billion international-$ in 2021 prices | -4.3% |
| 2014 | 51.21 billion international-$ in 2021 prices | -3.0% |
| 2015 | 36.76 billion international-$ in 2021 prices | -28.2% |
| 2016 | 33.59 billion international-$ in 2021 prices | -8.6% |
| 2017 | 37.35 billion international-$ in 2021 prices | +11.2% |
| 2018 | 37.88 billion international-$ in 2021 prices | +1.4% |
| 2019 | 36.93 billion international-$ in 2021 prices | -2.5% |
| 2020 | 33.54 billion international-$ in 2021 prices | -9.2% |
| 2021 | 35.30 billion international-$ in 2021 prices | +5.2% |
| 2022 | 37.00 billion international-$ in 2021 prices | +4.8% |
| 2023 | 35.90 billion international-$ in 2021 prices | -3.0% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 35.90 billion international-$ in 2021 prices is below the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 24% of the median. (51 countries reporting)
- Equatorial Guinea's 35.90 billion international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 79% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Equatorial Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +88.6% | 2.14 billion international-$ in 2021 prices | 4.05 billion international-$ in 2021 prices |
| 1996 | +77.7% | 1.21 billion international-$ in 2021 prices | 2.14 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 479.91 million international-$ in 2021 prices | 365.50 million international-$ in 2021 prices | 641.73 million international-$ in 2021 prices | 10 |
| 1970s | 776.85 million international-$ in 2021 prices | 658.83 million international-$ in 2021 prices | 890.77 million international-$ in 2021 prices | 10 |
| 1980s | 996.55 million international-$ in 2021 prices | 842.45 million international-$ in 2021 prices | 1.13 billion international-$ in 2021 prices | 10 |
| 1990s | 2.23 billion international-$ in 2021 prices | 805.10 million international-$ in 2021 prices | 5.18 billion international-$ in 2021 prices | 10 |
| 2000s | 19.85 billion international-$ in 2021 prices | 6.94 billion international-$ in 2021 prices | 40.41 billion international-$ in 2021 prices | 10 |
| 2010s | 43.41 billion international-$ in 2021 prices | 33.59 billion international-$ in 2021 prices | 55.15 billion international-$ in 2021 prices | 10 |
| 2020s | 35.43 billion international-$ in 2021 prices | 33.54 billion international-$ in 2021 prices | 37.00 billion international-$ in 2021 prices | 4 |
Countries ranked near Equatorial Guinea
- 133 Palestine 37.13 billion international-$ in 2021 prices compare
- 134 Malawi 36.88 billion international-$ in 2021 prices compare
- 135 Guyana 35.93 billion international-$ in 2021 prices compare
- 137 Mauritius 35.38 billion international-$ in 2021 prices compare
- 138 Moldova 34.88 billion international-$ in 2021 prices compare
- 139 Haiti 34.54 billion international-$ in 2021 prices compare
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 gross domestic product (gdp) in Equatorial Guinea?
- Gross domestic product (gdp) in Equatorial Guinea was 35.90 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Equatorial Guinea?
- The highest recorded value was 55.15 billion international-$ in 2021 prices in 2012.
- What is the lowest gross domestic product (gdp) recorded in Equatorial Guinea?
- The lowest recorded value was 365.50 million international-$ in 2021 prices in 1960.
- How does Equatorial Guinea rank for gross domestic product (gdp)?
- Equatorial Guinea ranks 136th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Equatorial Guinea?
- Over the last ten years it is down 32.0%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.