Gross domestic product (GDP), annual growth rate in Equatorial Guinea
Equatorial Guinea: Gross domestic product (GDP), annual growth rate was -2.97 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Equatorial Guinea, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Equatorial Guinea is -2.97 % change on previous year, measured in 2023.
That represents a change of down 161.6% on the previous year and up 30.8% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Equatorial Guinea peaked at 88.62 % change on previous year in 1997 and was at its lowest, -37.64 % change on previous year, in 1994.
That places Equatorial Guinea 165th out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Equatorial Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 1.15 % change on previous year | — |
| 1962 | 2.41 % change on previous year | +109.5% |
| 1963 | 13.66 % change on previous year | +467.8% |
| 1964 | 0.9992 % change on previous year | -92.7% |
| 1965 | 8.1 % change on previous year | +710.6% |
| 1966 | 10.32 % change on previous year | +27.4% |
| 1967 | 11.51 % change on previous year | +11.6% |
| 1968 | 5.98 % change on previous year | -48.1% |
| 1969 | 4.77 % change on previous year | -20.2% |
| 1970 | 2.66 % change on previous year | -44.1% |
| 1971 | 4.29 % change on previous year | +60.8% |
| 1972 | 2.21 % change on previous year | -48.5% |
| 1973 | 7.32 % change on previous year | +232.1% |
| 1974 | 3.04 % change on previous year | -58.5% |
| 1975 | 6.58 % change on previous year | +116.6% |
| 1976 | 0.2914 % change on previous year | -95.6% |
| 1977 | 7.32 % change on previous year | +2411.5% |
| 1978 | -5.53 % change on previous year | -175.6% |
| 1979 | -4.89 % change on previous year | -11.5% |
| 1980 | 5.27 % change on previous year | -207.6% |
| 1981 | 2.91 % change on previous year | -44.7% |
| 1982 | 5.69 % change on previous year | +95.2% |
| 1983 | 4.41 % change on previous year | -22.4% |
| 1984 | 0.8525 % change on previous year | -80.7% |
| 1985 | 12.78 % change on previous year | +1398.8% |
| 1986 | -6.74 % change on previous year | -152.8% |
| 1987 | 5.68 % change on previous year | -184.2% |
| 1988 | 5.23 % change on previous year | -7.8% |
| 1989 | -1.27 % change on previous year | -124.3% |
| 1990 | 6.1 % change on previous year | -578.5% |
| 1991 | 5.03 % change on previous year | -17.5% |
| 1992 | 4.38 % change on previous year | -13.0% |
| 1993 | -0.3781 % change on previous year | -108.6% |
| 1994 | -37.64 % change on previous year | +9855.0% |
| 1995 | 49.91 % change on previous year | -232.6% |
| 1996 | 77.7 % change on previous year | +55.7% |
| 1997 | 88.62 % change on previous year | +14.1% |
| 1998 | -2.57 % change on previous year | -102.9% |
| 1999 | 31.4 % change on previous year | -1323.4% |
| 2000 | 33.91 % change on previous year | +8.0% |
| 2001 | 47.39 % change on previous year | +39.7% |
| 2002 | -7.6 % change on previous year | -116.0% |
| 2003 | 16.44 % change on previous year | -316.3% |
| 2004 | 36.11 % change on previous year | +119.6% |
| 2005 | 54.95 % change on previous year | +52.2% |
| 2006 | 5.15 % change on previous year | -90.6% |
| 2007 | 21.05 % change on previous year | +308.9% |
| 2008 | 36.89 % change on previous year | +75.3% |
| 2009 | -29.65 % change on previous year | -180.4% |
| 2010 | 44.73 % change on previous year | -250.9% |
| 2011 | 24.66 % change on previous year | -44.9% |
| 2012 | 7.52 % change on previous year | -69.5% |
| 2013 | -4.3 % change on previous year | -157.1% |
| 2014 | -2.98 % change on previous year | -30.7% |
| 2015 | -28.21 % change on previous year | +847.3% |
| 2016 | -8.62 % change on previous year | -69.5% |
| 2017 | 11.17 % change on previous year | -229.7% |
| 2018 | 1.43 % change on previous year | -87.2% |
| 2019 | -2.51 % change on previous year | -275.1% |
| 2020 | -9.19 % change on previous year | +265.8% |
| 2021 | 5.25 % change on previous year | -157.1% |
| 2022 | 4.83 % change on previous year | -8.0% |
| 2023 | -2.97 % change on previous year | -161.6% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1994 | -9855.0% | -0.3781 % change on previous year | -37.64 % change on previous year |
| 1977 | +2411.5% | 0.2914 % change on previous year | 7.32 % change on previous year |
| 1985 | +1398.8% | 0.8525 % change on previous year | 12.78 % change on previous year |
| 1999 | +1323.4% | -2.57 % change on previous year | 31.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.54 % change on previous year | 0.9992 % change on previous year | 13.66 % change on previous year | 9 |
| 1970s | 2.33 % change on previous year | -5.53 % change on previous year | 7.32 % change on previous year | 10 |
| 1980s | 3.48 % change on previous year | -6.74 % change on previous year | 12.78 % change on previous year | 10 |
| 1990s | 22.25 % change on previous year | -37.64 % change on previous year | 88.62 % change on previous year | 10 |
| 2000s | 21.46 % change on previous year | -29.65 % change on previous year | 54.95 % change on previous year | 10 |
| 2010s | 4.29 % change on previous year | -28.21 % change on previous year | 44.73 % change on previous year | 10 |
| 2020s | -0.5216 % change on previous year | -9.19 % change on previous year | 5.25 % change on previous year | 4 |
Countries ranked near Equatorial Guinea
- 162 Nepal -1.53 % change on previous year compare
- 163 Haiti -2.41 % change on previous year compare
- 164 Gabon -2.46 % change on previous year compare
- 166 Sri Lanka -3.16 % change on previous year compare
- 167 Cambodia -3.25 % change on previous year compare
- 168 Saudi Arabia -3.72 % change on previous year 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), annual growth rate in Equatorial Guinea?
- Gross domestic product (gdp), annual growth rate in Equatorial Guinea was -2.97 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Equatorial Guinea?
- The highest recorded value was 88.62 % change on previous year in 1997.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Equatorial Guinea?
- The lowest recorded value was -37.64 % change on previous year in 1994.
- How does Equatorial Guinea rank for gross domestic product (gdp), annual growth rate?
- Equatorial Guinea ranks 165th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Equatorial Guinea?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.