Gross Domestic Product — Value US$ in Equatorial Guinea
Equatorial Guinea: Gross Domestic Product — Value US$ was 12,538 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Equatorial Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Equatorial Guinea stood at 12,538 million USD.
The figure is up 3.5% on the previous year and down 42.4% over ten years.
Over the whole period, gross domestic product — value us$ in Equatorial Guinea peaked at 22,388 million USD in 2012 and was at its lowest, 20.46 million USD, in 1971.
That places Equatorial Guinea 167th out of 236 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.
Gross Domestic Product — Value US$ in Equatorial Guinea, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 20.97 million USD | — |
| 1971 | 20.46 million USD | -2.5% |
| 1972 | 20.83 million USD | +1.8% |
| 1973 | 26.5 million USD | +27.2% |
| 1974 | 28.17 million USD | +6.3% |
| 1975 | 34.88 million USD | +23.8% |
| 1976 | 36.23 million USD | +3.9% |
| 1977 | 40.14 million USD | +10.8% |
| 1978 | 45.46 million USD | +13.2% |
| 1979 | 51.4 million USD | +13.1% |
| 1980 | 55.65 million USD | +8.3% |
| 1981 | 52.38 million USD | -5.9% |
| 1982 | 62.16 million USD | +18.7% |
| 1983 | 70.22 million USD | +13.0% |
| 1984 | 70.51 million USD | +0.4% |
| 1985 | 88.29 million USD | +25.2% |
| 1986 | 111.94 million USD | +26.8% |
| 1987 | 136.33 million USD | +21.8% |
| 1988 | 149.55 million USD | +9.7% |
| 1989 | 138.03 million USD | -7.7% |
| 1990 | 169.73 million USD | +23.0% |
| 1991 | 171.49 million USD | +1.0% |
| 1992 | 202.46 million USD | +18.1% |
| 1993 | 199.76 million USD | -1.3% |
| 1994 | 165.12 million USD | -17.3% |
| 1995 | 215.33 million USD | +30.4% |
| 1996 | 340.2 million USD | +58.0% |
| 1997 | 653.63 million USD | +92.1% |
| 1998 | 548.04 million USD | -16.2% |
| 1999 | 917.43 million USD | +67.4% |
| 2000 | 1,515 million USD | +65.1% |
| 2001 | 2,210 million USD | +45.9% |
| 2002 | 2,729 million USD | +23.5% |
| 2003 | 3,706 million USD | +35.8% |
| 2004 | 5,631 million USD | +51.9% |
| 2005 | 8,523 million USD | +51.4% |
| 2006 | 10,096 million USD | +18.4% |
| 2007 | 13,089 million USD | +29.7% |
| 2008 | 19,830 million USD | +51.5% |
| 2009 | 15,088 million USD | -23.9% |
| 2010 | 16,314 million USD | +8.1% |
| 2011 | 21,357 million USD | +30.9% |
| 2012 | 22,388 million USD | +4.8% |
| 2013 | 21,949 million USD | -2.0% |
| 2014 | 21,766 million USD | -0.8% |
| 2015 | 13,186 million USD | -39.4% |
| 2016 | 11,241 million USD | -14.7% |
| 2017 | 12,201 million USD | +8.5% |
| 2018 | 13,097 million USD | +7.3% |
| 2019 | 11,364 million USD | -13.2% |
| 2020 | 9,894 million USD | -12.9% |
| 2021 | 12,216 million USD | +23.5% |
| 2022 | 13,487 million USD | +10.4% |
| 2023 | 12,117 million USD | -10.2% |
| 2024 | 12,538 million USD | +3.5% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 12,538 million USD is below the median for upper middle income countries, which is 44,912 million USD, 28% of the median. (54 countries reporting)
- Equatorial Guinea's 12,538 million USD is below the median for Sub-Saharan Africa, which is 17,421 million USD, 72% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.5 million USD | 20.46 million USD | 51.4 million USD | 10 |
| 1980s | 93.51 million USD | 52.38 million USD | 149.55 million USD | 10 |
| 1990s | 358.32 million USD | 165.12 million USD | 917.43 million USD | 10 |
| 2000s | 8,242 million USD | 1,515 million USD | 19,830 million USD | 10 |
| 2010s | 16,486 million USD | 11,241 million USD | 22,388 million USD | 10 |
| 2020s | 12,050 million USD | 9,894 million USD | 13,487 million USD | 5 |
Countries ranked near Equatorial Guinea
- 165 Namibia 13,311 million USD compare
- 166 South Sudan 12,979 million USD compare
- 168 Somalia 12,506 million USD compare
- 169 Malawi 10,928 million USD compare
- 170 Mauritania 10,766 million USD compare
More economy & growth data for Equatorial Guinea
- SDRs holdings, US dollar, annual growth rate 11.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 16.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 6.63 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -8.7 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0203 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 134.1 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -13.06 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Equatorial Guinea?
- Gross domestic product — value us$ in Equatorial Guinea was 12,538 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Equatorial Guinea?
- The highest recorded value was 22,388 million USD in 2012.
- What is the lowest gross domestic product — value us$ recorded in Equatorial Guinea?
- The lowest recorded value was 20.46 million USD in 1971.
- How does Equatorial Guinea rank for gross domestic product — value us$?
- Equatorial Guinea ranks 167th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Equatorial Guinea?
- Over the last ten years it is down 42.4%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).