Revenue Statistics in Africa - Comparative tax and non-tax revenues in Equatorial Guinea
Equatorial Guinea: Revenue Statistics in Africa - Comparative tax and non-tax revenues was 6.91 Percentage of GDP in 2024. ▼ Falling
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Equatorial Guinea, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Equatorial Guinea recorded 6.91 Percentage of GDP for revenue statistics in africa - comparative tax and non-tax revenues in 2024.
The figure is down 39.9% on the previous year and down 29.2% over ten years.
Over the whole period, revenue statistics in africa - comparative tax and non-tax revenues in Equatorial Guinea peaked at 12.76 Percentage of GDP in 2009 and was at its lowest, 5.96 Percentage of GDP, in 2021.
Equatorial Guinea ranks 35th of 36 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Equatorial Guinea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2005 | 8.25 Percentage of GDP | — |
| 2006 | 9.67 Percentage of GDP | +17.2% |
| 2007 | 7.55 Percentage of GDP | -21.9% |
| 2008 | 7.79 Percentage of GDP | +3.2% |
| 2009 | 12.76 Percentage of GDP | +63.9% |
| 2010 | 7.59 Percentage of GDP | -40.6% |
| 2011 | 7.02 Percentage of GDP | -7.5% |
| 2012 | 8.77 Percentage of GDP | +25.0% |
| 2013 | 8.92 Percentage of GDP | +1.7% |
| 2014 | 9.76 Percentage of GDP | +9.4% |
| 2015 | 12.01 Percentage of GDP | +23.1% |
| 2016 | 7.09 Percentage of GDP | -41.0% |
| 2017 | 6.65 Percentage of GDP | -6.2% |
| 2018 | 6.5 Percentage of GDP | -2.3% |
| 2019 | 9.78 Percentage of GDP | +50.6% |
| 2020 | 8.61 Percentage of GDP | -12.0% |
| 2021 | 5.96 Percentage of GDP | -30.7% |
| 2022 | 6.99 Percentage of GDP | +17.3% |
| 2023 | 11.5 Percentage of GDP | +64.4% |
| 2024 | 6.91 Percentage of GDP | -39.9% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 6.91 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 47% of the median. (32 countries reporting)
- Equatorial Guinea's 6.91 Percentage of GDP is below the median for upper middle income countries, which is 15.12 Percentage of GDP, 46% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.2 Percentage of GDP | 7.55 Percentage of GDP | 12.76 Percentage of GDP | 5 |
| 2010s | 8.41 Percentage of GDP | 6.5 Percentage of GDP | 12.01 Percentage of GDP | 10 |
| 2020s | 8 Percentage of GDP | 5.96 Percentage of GDP | 11.5 Percentage of GDP | 5 |
Countries ranked near Equatorial Guinea
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 revenue statistics in africa - comparative tax and non-tax revenues in Equatorial Guinea?
- Revenue statistics in africa - comparative tax and non-tax revenues in Equatorial Guinea was 6.91 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in africa - comparative tax and non-tax revenues recorded in Equatorial Guinea?
- The highest recorded value was 12.76 Percentage of GDP in 2009.
- What is the lowest revenue statistics in africa - comparative tax and non-tax revenues recorded in Equatorial Guinea?
- The lowest recorded value was 5.96 Percentage of GDP in 2021.
- How does Equatorial Guinea rank for revenue statistics in africa - comparative tax and non-tax revenues?
- Equatorial Guinea ranks 35th out of 36 countries with data for 2024.
- Is revenue statistics in africa - comparative tax and non-tax revenues rising or falling in Equatorial Guinea?
- Over the last ten years it is down 29.2%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Africa - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Africa countries presented as a percentage of GDP and as a share of total tax or non-tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.