Net trade in goods and services in Equatorial Guinea
Equatorial Guinea: Net trade in goods and services was -296.43 million BoP, current US$ in 1996. ◆ Volatile
Net trade in goods and services in Equatorial Guinea, 1987–1996
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 1996, net trade in goods and services in Equatorial Guinea stood at -296.43 million BoP, current US$. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 190.6% on the previous year and down 574.3% over ten years.
Over the whole period, net trade in goods and services in Equatorial Guinea peaked at 4.59 million BoP, current US$ in 1994 and was at its lowest, -296.43 million BoP, current US$, in 1996.
Equatorial Guinea ranks 103rd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Equatorial Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1987 | -43.96 million BoP, current US$ | — |
| 1988 | -54.68 million BoP, current US$ | +24.4% |
| 1989 | -36.29 million BoP, current US$ | -33.6% |
| 1990 | -46.61 million BoP, current US$ | +28.4% |
| 1991 | -65.50 million BoP, current US$ | +40.5% |
| 1992 | -33.49 million BoP, current US$ | -48.9% |
| 1993 | -19.51 million BoP, current US$ | -41.7% |
| 1994 | 4.59 million BoP, current US$ | -123.5% |
| 1995 | -102.00 million BoP, current US$ | -2320.9% |
| 1996 | -296.43 million BoP, current US$ | +190.6% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's -296.43 million BoP, current US$ is below the median for upper middle income countries, which is -288.45 million BoP, current US$, 1.0× the median. (57 countries reporting)
- Equatorial Guinea's -296.43 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 42% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -44.97 million BoP, current US$ | -54.68 million BoP, current US$ | -36.29 million BoP, current US$ | 3 |
| 1990s | -79.85 million BoP, current US$ | -296.43 million BoP, current US$ | 4.59 million BoP, current US$ | 7 |
Countries ranked near Equatorial Guinea
- 100 Saint Vincent and the Grenadines -236.56 million BoP, current US$ compare
- 101 Dominica -272.18 million BoP, current US$ compare
- 102 Tonga -288.45 million BoP, current US$ compare
- 104 Bahamas -297.87 million BoP, current US$ compare
- 105 Guinea-Bissau -331.52 million BoP, current US$ compare
- 106 Cape Verde -353.60 million BoP, current US$ 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 net trade in goods and services in Equatorial Guinea?
- Net trade in goods and services in Equatorial Guinea was -296.43 million BoP, current US$ in 1996, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Equatorial Guinea?
- The highest recorded value was 4.59 million BoP, current US$ in 1994.
- What is the lowest net trade in goods and services recorded in Equatorial Guinea?
- The lowest recorded value was -296.43 million BoP, current US$ in 1996.
- How does Equatorial Guinea rank for net trade in goods and services?
- Equatorial Guinea ranks 103rd out of 200 countries with data for 1996.
- Is net trade in goods and services rising or falling in Equatorial Guinea?
- Over the last ten years it is down 574.3%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.