Inflation, consumer prices (annual %) (International Financial) in Equatorial Guinea
Equatorial Guinea: Inflation, consumer prices (annual %) (International Financial) was 2.9% in 2024. ◆ Volatile
Inflation, consumer prices in Equatorial Guinea, 1986–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2024, inflation, consumer prices in Equatorial Guinea stood at 2.9%.
The figure is up 2.2% on the previous year and down 32.2% over ten years.
Over the whole period, inflation, consumer prices in Equatorial Guinea peaked at 31.8% in 1994 and was at its lowest, -17.6%, in 1986.
That places Equatorial Guinea 100th out of 192 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.
Inflation, consumer prices (annual %) (International Financial) in Equatorial Guinea, year by year
| Year | annual % | Change |
|---|---|---|
| 1986 | -17.6% | — |
| 1987 | -13.2% | -25.3% |
| 1988 | 2.5% | -119.2% |
| 1989 | 6.2% | +144.3% |
| 1990 | 0.9% | -86.1% |
| 1991 | -3.4% | -499.3% |
| 1992 | -4.3% | +24.9% |
| 1993 | 5.5% | -227.4% |
| 1994 | 31.8% | +484.0% |
| 1995 | 19.9% | -37.6% |
| 1996 | 4.5% | -77.2% |
| 1997 | 3.0% | -33.6% |
| 1998 | 7.9% | +163.1% |
| 1999 | 0.4% | -95.3% |
| 2000 | 4.8% | +1190.0% |
| 2001 | 8.8% | +83.8% |
| 2002 | 7.6% | -14.0% |
| 2003 | 7.3% | -3.5% |
| 2004 | 4.2% | -42.4% |
| 2005 | 5.6% | +33.5% |
| 2006 | 4.4% | -21.6% |
| 2007 | 2.8% | -36.5% |
| 2008 | 6.6% | +133.7% |
| 2009 | 4.7% | -28.4% |
| 2010 | 7.8% | +66.0% |
| 2011 | 4.8% | -38.3% |
| 2012 | 3.7% | -23.9% |
| 2013 | 2.9% | -19.4% |
| 2014 | 4.3% | +46.2% |
| 2015 | 1.7% | -61.1% |
| 2016 | 1.4% | -15.8% |
| 2017 | 0.7% | -47.3% |
| 2018 | 1.1% | +42.4% |
| 2019 | 1.5% | +44.4% |
| 2020 | 4.8% | +211.5% |
| 2021 | -0.1% | -102.0% |
| 2022 | 4.8% | -5029.6% |
| 2023 | 2.9% | -40.3% |
| 2024 | 2.9% | +2.2% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 2.9% is below the median for upper middle income countries, which is 3.3%, 88% of the median. (55 countries reporting)
- Equatorial Guinea's 2.9% is below the median for Sub-Saharan Africa, which is 3.5%, 85% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Inflation, consumer prices (annual %) (International Financial) 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 |
|---|---|---|---|
| 2022 | +5029.6% | -0.1% | 4.8% |
| 2000 | +1190.0% | 0.4% | 4.8% |
| 1994 | +484.0% | 5.5% | 31.8% |
| 1991 | -499.3% | 0.9% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -5.5% | -17.6% | 6.2% | 4 |
| 1990s | 6.6% | -4.3% | 31.8% | 10 |
| 2000s | 5.7% | 2.8% | 8.8% | 10 |
| 2010s | 3.0% | 0.7% | 7.8% | 10 |
| 2020s | 3.0% | -0.1% | 4.8% | 5 |
Countries ranked near Equatorial Guinea
- 97 Norway 3.1% compare
- 98 Israel 3.0% compare
- 99 United States 2.9% compare
- 101 Democratic Republic of Congo 2.9% compare
- 102 Australia 2.9% compare
- 103 New Zealand 2.8% 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 inflation, consumer prices in Equatorial Guinea?
- Inflation, consumer prices in Equatorial Guinea was 2.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Equatorial Guinea?
- The highest recorded value was 31.8% in 1994.
- What is the lowest inflation, consumer prices recorded in Equatorial Guinea?
- The lowest recorded value was -17.6% in 1986.
- How does Equatorial Guinea rank for inflation, consumer prices?
- Equatorial Guinea ranks 100th out of 192 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Equatorial Guinea?
- Over the last ten years it is down 32.2%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.