Total Expenditure (central government) — Value Standard Local Currency in Equatorial Guinea
Equatorial Guinea: Total Expenditure (central government) — Value Standard Local Currency was 1.24 million million SLC in 2023. ▼ Falling
Total Expenditure (central government) — Value Standard Local Currency in Equatorial Guinea, 2007–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Equatorial Guinea recorded 1.24 million million SLC for total expenditure (central government) — value standard local currency in 2023.
The figure is up 13.7% on the previous year and down 62.8% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Equatorial Guinea peaked at 4.02 million million SLC in 2012 and was at its lowest, 920,243 million SLC, in 2021.
That places Equatorial Guinea 60th out of 174 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Equatorial Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 2007 | 1.23 million million SLC | — |
| 2008 | 1.76 million million SLC | +42.6% |
| 2009 | 2.83 million million SLC | +60.7% |
| 2010 | 2.52 million million SLC | -11.0% |
| 2011 | 2.77 million million SLC | +9.9% |
| 2012 | 4.02 million million SLC | +45.4% |
| 2013 | 3.33 million million SLC | -17.3% |
| 2014 | 3.10 million million SLC | -6.8% |
| 2015 | 2.33 million million SLC | -24.8% |
| 2016 | 1.40 million million SLC | -40.0% |
| 2017 | 1.39 million million SLC | -0.4% |
| 2018 | 1.15 million million SLC | -17.2% |
| 2019 | 1.15 million million SLC | -0.7% |
| 2020 | 1.07 million million SLC | -6.2% |
| 2021 | 920,243 million SLC | -14.3% |
| 2022 | 1.09 million million SLC | +18.2% |
| 2023 | 1.24 million million SLC | +13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.94 million million SLC | 1.23 million million SLC | 2.83 million million SLC | 3 |
| 2010s | 2.32 million million SLC | 1.15 million million SLC | 4.02 million million SLC | 10 |
| 2020s | 1.08 million million SLC | 920,243 million SLC | 1.24 million million SLC | 4 |
Countries ranked near Equatorial Guinea
- 57 South Africa 1.39 million million SLC compare
- 58 Jamaica 1.39 million million SLC compare
- 59 Saudi Arabia 1.37 million million SLC compare
- 61 United Kingdom of Great Britain and Northern Ireland 1.23 million million SLC compare
- 62 Poland 1.08 million million SLC compare
- 63 Denmark 1.00 million million SLC compare
More economy & growth data for Equatorial Guinea
- Gross value added at basic prices (GVA) (current LCU), annual growth -7.59 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 576.57 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.81 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -6.08 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.672 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,445 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -6.08 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 342.39 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 2.27 million constant LCU per person (2025)
- GDP (current US$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Equatorial Guinea?
- Total expenditure (central government) — value standard local currency in Equatorial Guinea was 1.24 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Equatorial Guinea?
- The highest recorded value was 4.02 million million SLC in 2012.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Equatorial Guinea?
- The lowest recorded value was 920,243 million SLC in 2021.
- How does Equatorial Guinea rank for total expenditure (central government) — value standard local currency?
- Equatorial Guinea ranks 60th out of 174 countries with data for 2023.
- Is total expenditure (central government) — value standard local currency rising or falling in Equatorial Guinea?
- Over the last ten years it is down 62.8%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.