Historical gov spending gdp in Equatorial Guinea

Equatorial Guinea: Historical gov spending gdp was 18.47 in 2024. ◆ Volatile

Latest (2024)
18.47
Change on year
down 4.0%
World rank
134th
of 151 countries
All-time high
594.77
in 1992
All-time low
11.25
in 2002
Years of data
40
1985–2024

Historical gov spending gdp in Equatorial Guinea, 1985–2024

02004006001985200420241985: 115.41986: 1191987: 1831988: 227.91989: 116.81990: 212.91991: 284.51992: 594.81993: 256.31994: 509.81995: 141.51996: 22.91997: 14.81998: 35.11999: 18.72000: 22.62001: 13.52002: 11.32003: 11.82004: 15.52005: 14.12006: 18.12007: 19.72008: 19.92009: 39.82010: 31.22011: 27.52012: 35.22013: 29.32014: 31.62015: 41.62016: 27.82017: 20.12018: 19.12019: 16.82020: 16.22021: 12.72022: 14.82023: 19.22024: 18.5

Source: Our World in Data.

Analysis

The most recent figure for historical gov spending gdp in Equatorial Guinea is 18.47, measured in 2024.

That represents a change of down 4.0% on the previous year and down 41.6% over ten years.

Over the whole period, historical gov spending gdp in Equatorial Guinea peaked at 594.77 in 1992 and was at its lowest, 11.25, in 2002.

Equatorial Guinea ranks 134th of 151 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Historical gov spending gdp in Equatorial Guinea, year by year

Annual values for Historical gov spending gdp in Equatorial Guinea, 1985 to 2024.
Year Value Change
1985 115.36 —
1986 118.99 +3.1%
1987 183 +53.8%
1988 227.95 +24.6%
1989 116.8 -48.8%
1990 212.93 +82.3%
1991 284.52 +33.6%
1992 594.77 +109.0%
1993 256.31 -56.9%
1994 509.84 +98.9%
1995 141.5 -72.2%
1996 22.94 -83.8%
1997 14.75 -35.7%
1998 35.09 +137.8%
1999 18.69 -46.7%
2000 22.65 +21.2%
2001 13.48 -40.5%
2002 11.25 -16.5%
2003 11.77 +4.6%
2004 15.49 +31.6%
2005 14.12 -8.8%
2006 18.09 +28.1%
2007 19.69 +8.8%
2008 19.89 +1.0%
2009 39.85 +100.3%
2010 31.18 -21.8%
2011 27.49 -11.8%
2012 35.2 +28.0%
2013 29.27 -16.8%
2014 31.6 +7.9%
2015 41.57 +31.6%
2016 27.82 -33.1%
2017 20.07 -27.9%
2018 19.05 -5.1%
2019 16.8 -11.8%
2020 16.17 -3.8%
2021 12.71 -21.3%
2022 14.79 +16.3%
2023 19.24 +30.1%
2024 18.47 -4.0%

Equatorial Guinea compared with similar countries

  • Equatorial Guinea's 18.47 is below the median for upper middle income countries, which is 30.92, 60% of the median. (44 countries reporting)
  • Equatorial Guinea's 18.47 is below the median for Sub-Saharan Africa, which is 20.56, 90% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 152.42 115.36 227.95 5
1990s 209.13 14.75 594.77 10
2000s 18.63 11.25 39.85 10
2010s 28.01 16.8 41.57 10
2020s 16.28 12.71 19.24 5

Countries ranked near Equatorial Guinea

  1. 131 Costa Rica 18.87 compare
  2. 132 Chad 18.82 compare
  3. 133 Uganda 18.69 compare
  4. 135 Angola 18.41 compare
  5. 136 Benin 18.05 compare
  6. 137 Venezuela 17.58 compare

See the full ranking of 151 places →

More economy & growth data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is historical gov spending gdp in Equatorial Guinea?
Historical gov spending gdp in Equatorial Guinea was 18.47 in 2024, according to Our World in Data.
What is the highest historical gov spending gdp recorded in Equatorial Guinea?
The highest recorded value was 594.77 in 1992.
What is the lowest historical gov spending gdp recorded in Equatorial Guinea?
The lowest recorded value was 11.25 in 2002.
How does Equatorial Guinea rank for historical gov spending gdp?
Equatorial Guinea ranks 134th out of 151 countries with data for 2024.
Is historical gov spending gdp rising or falling in Equatorial Guinea?
Over the last ten years it is down 41.6%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea data come from?
The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.

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Historical gov spending gdp in Equatorial Guinea. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/historical-gov-spending-gdp/equatorial-guinea/

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About this data

Indicator
Historical gov spending gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed