Share of central government spending funded by taxes in Equatorial Guinea
Equatorial Guinea: Share of central government spending funded by taxes was 44.0% in 2022. ▲ Rising
Share of central government spending funded by taxes in Equatorial Guinea, 2006–2022
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share of central government spending funded by taxes in Equatorial Guinea is 44.0%, measured in 2022.
Compared with earlier readings it is up 4.2% on the previous year and up 77.3% over ten years.
Over the whole period, share of central government spending funded by taxes in Equatorial Guinea peaked at 55.8% in 2019 and was at its lowest, 24.3%, in 2010.
Equatorial Guinea ranks 145th of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Share of central government spending funded by taxes in Equatorial Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 53.4% | — |
| 2007 | 38.3% | -28.3% |
| 2008 | 39.1% | +2.1% |
| 2009 | 35.0% | -10.6% |
| 2010 | 24.3% | -30.5% |
| 2011 | 25.5% | +4.9% |
| 2012 | 24.8% | -2.7% |
| 2013 | 27.7% | +11.6% |
| 2014 | 28.8% | +3.8% |
| 2015 | 38.6% | +34.0% |
| 2016 | 30.6% | -20.6% |
| 2017 | 30.7% | +0.1% |
| 2018 | 31.3% | +2.2% |
| 2019 | 55.8% | +78.3% |
| 2020 | 49.7% | -10.9% |
| 2021 | 42.3% | -15.0% |
| 2022 | 44.0% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.5% | 35.0% | 53.4% | 4 |
| 2010s | 31.8% | 24.3% | 55.8% | 10 |
| 2020s | 45.3% | 42.3% | 49.7% | 3 |
Countries ranked near Equatorial Guinea
More economy & growth data for Equatorial Guinea
- Final consumption expenditure (constant 2015 US$), per capita 4,942 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -6.06 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.8189 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 5,417 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate -9.84 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 476.55 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 3.15 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 5 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7793 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 5,155 constant 2015 US$ per person (2025)
Frequently asked questions
- What is share of central government spending funded by taxes in Equatorial Guinea?
- Share of central government spending funded by taxes in Equatorial Guinea was 44.0% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Equatorial Guinea?
- The highest recorded value was 55.8% in 2019.
- What is the lowest share of central government spending funded by taxes recorded in Equatorial Guinea?
- The lowest recorded value was 24.3% in 2010.
- How does Equatorial Guinea rank for share of central government spending funded by taxes?
- Equatorial Guinea ranks 145th out of 174 countries with data for 2022.
- Is share of central government spending funded by taxes rising or falling in Equatorial Guinea?
- Over the last ten years it is up 77.3%. The long-run trend across the full record is rising.
- Where does this Equatorial Guinea data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.