Tax revenue as a proportion of GDP in Equatorial Guinea
Equatorial Guinea: Tax revenue as a proportion of GDP was 6.6% in 2022. ▼ Falling
Latest (2022)
6.6%
Change on year
up 22.3%
World rank
156th
of 164 countries
All-time high
12.8%
in 2009
All-time low
5.4%
in 2021
Years of data
17
2006–2022
Tax revenue as a proportion of GDP in Equatorial Guinea, 2006–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Equatorial Guinea recorded 6.6% for tax revenue as a proportion of gdp in 2022.
The figure is up 22.3% on the previous year and down 24.6% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Equatorial Guinea peaked at 12.8% in 2009 and was at its lowest, 5.4%, in 2021.
Equatorial Guinea ranks 156th of 164 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Tax revenue as a proportion of GDP in Equatorial Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 9.7% | — |
| 2007 | 7.5% | -21.9% |
| 2008 | 7.8% | +3.2% |
| 2009 | 12.8% | +63.9% |
| 2010 | 7.6% | -40.6% |
| 2011 | 7.0% | -7.5% |
| 2012 | 8.7% | +24.6% |
| 2013 | 8.5% | -2.6% |
| 2014 | 8.3% | -2.6% |
| 2015 | 11.5% | +38.1% |
| 2016 | 6.4% | -44.3% |
| 2017 | 6.0% | -6.3% |
| 2018 | 6.2% | +3.1% |
| 2019 | 9.3% | +50.8% |
| 2020 | 8.0% | -13.9% |
| 2021 | 5.4% | -32.7% |
| 2022 | 6.6% | +22.3% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 6.6% is below the median for upper middle income countries, which is 17.2%, 38% of the median. (45 countries reporting)
- Equatorial Guinea's 6.6% is below the median for Sub-Saharan Africa, which is 13.0%, 51% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 7.5% | 12.8% | 4 |
| 2010s | 7.9% | 6.0% | 11.5% | 10 |
| 2020s | 6.7% | 5.4% | 8.0% | 3 |
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 tax revenue as a proportion of gdp in Equatorial Guinea?
- Tax revenue as a proportion of gdp in Equatorial Guinea was 6.6% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Equatorial Guinea?
- The highest recorded value was 12.8% in 2009.
- What is the lowest tax revenue as a proportion of gdp recorded in Equatorial Guinea?
- The lowest recorded value was 5.4% in 2021.
- How does Equatorial Guinea rank for tax revenue as a proportion of gdp?
- Equatorial Guinea ranks 156th out of 164 countries with data for 2022.
- Is tax revenue as a proportion of gdp rising or falling in Equatorial Guinea?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).