Tax revenue as share of GDP in Equatorial Guinea
Equatorial Guinea: Tax revenue as share of GDP was 11.3% in 2023. ▼ Falling
Latest (2023)
11.3%
Change on year
up 86.6%
World rank
154th
of 187 countries
All-time high
17.9%
in 1986
All-time low
5.2%
in 2021
Years of data
29
1985–2023
Tax revenue as share of GDP in Equatorial Guinea, 1985–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for tax revenue as share of gdp in Equatorial Guinea is 11.3%, measured in 2023.
Compared with earlier readings it is up 86.6% on the previous year and up 45.0% over ten years.
Over the whole period, tax revenue as share of gdp in Equatorial Guinea peaked at 17.9% in 1986 and was at its lowest, 5.2%, in 2021.
That places Equatorial Guinea 154th out of 187 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Tax revenue as share of GDP in Equatorial Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1985 | 17.9% | — |
| 1986 | 17.9% | +0.0% |
| 1987 | 15.3% | -14.4% |
| 1988 | 15.1% | -1.7% |
| 1989 | 14.5% | -3.6% |
| 1990 | 14.2% | -2.2% |
| 1991 | 13.4% | -5.8% |
| 1992 | 14.0% | +4.7% |
| 1993 | 13.5% | -3.7% |
| 1994 | 11.7% | -13.2% |
| 1995 | 10.0% | -14.7% |
| 1996 | 6.4% | -35.7% |
| 1997 | 6.1% | -5.6% |
| 1998 | 11.8% | +94.2% |
| 1999 | 6.1% | -48.0% |
| 2000 | 6.7% | +9.8% |
| 2001 | 8.3% | +23.9% |
| 2002 | 13.1% | +58.0% |
| 2003 | 8.1% | -38.3% |
| 2004 | 7.2% | -10.7% |
| 2005 | 8.6% | +18.8% |
| 2006 | 9.7% | +12.5% |
| 2007 | 7.5% | -22.0% |
| 2008 | 7.8% | +3.2% |
| 2019 | 9.1% | +16.3% |
| 2020 | 7.7% | -14.5% |
| 2021 | 5.2% | -32.9% |
| 2022 | 6.1% | +16.4% |
| 2023 | 11.3% | +86.6% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 11.3% is below the median for upper middle income countries, which is 21.9%, 52% of the median. (54 countries reporting)
- Equatorial Guinea's 11.3% is below the median for Sub-Saharan Africa, which is 13.5%, 83% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.1% | 14.5% | 17.9% | 5 |
| 1990s | 10.7% | 6.1% | 14.2% | 10 |
| 2000s | 8.6% | 6.7% | 13.1% | 9 |
| 2010s | 9.1% | 9.1% | 9.1% | 1 |
| 2020s | 7.6% | 5.2% | 11.3% | 4 |
Countries ranked near Equatorial Guinea
- 151 Tanzania, United Republic of 11.5% compare
- 152 Paraguay 11.3% compare
- 153 Djibouti 11.3% compare
- 155 Lao People's Democratic Republic 10.6% compare
- 156 Syrian Arab Republic 10.5% compare
- 157 Madagascar 10.4% 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 tax revenue as share of gdp in Equatorial Guinea?
- Tax revenue as share of gdp in Equatorial Guinea was 11.3% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Equatorial Guinea?
- The highest recorded value was 17.9% in 1986.
- What is the lowest tax revenue as share of gdp recorded in Equatorial Guinea?
- The lowest recorded value was 5.2% in 2021.
- How does Equatorial Guinea rank for tax revenue as share of gdp?
- Equatorial Guinea ranks 154th out of 187 countries with data for 2023.
- Is tax revenue as share of gdp rising or falling in Equatorial Guinea?
- Over the last ten years it is up 45.0%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Direct and indirect taxes as well as social contributions included.