Total Expenditure (central government) — Value US$, 2015 prices in Equatorial Guinea
Equatorial Guinea: Total Expenditure (central government) — Value US$, 2015 prices was 1,590 million USD in 2023. ▼ Falling
Total Expenditure (central government) — Value US$, 2015 prices in Equatorial Guinea, 2007–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, total expenditure (central government) — value us$, 2015 prices in Equatorial Guinea stood at 1,590 million USD.
Compared with earlier readings it is up 22.8% on the previous year and down 64.2% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Equatorial Guinea peaked at 5,715 million USD in 2009 and was at its lowest, 1,295 million USD, in 2022.
Equatorial Guinea ranks 138th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Equatorial Guinea, year by year
| Year | million USD | Change |
|---|---|---|
| 2007 | 2,365 million USD | — |
| 2008 | 2,815 million USD | +19.0% |
| 2009 | 5,715 million USD | +103.0% |
| 2010 | 4,072 million USD | -28.7% |
| 2011 | 3,825 million USD | -6.1% |
| 2012 | 5,305 million USD | +38.7% |
| 2013 | 4,437 million USD | -16.4% |
| 2014 | 4,188 million USD | -5.6% |
| 2015 | 3,943 million USD | -5.8% |
| 2016 | 2,523 million USD | -36.0% |
| 2017 | 2,229 million USD | -11.6% |
| 2018 | 1,686 million USD | -24.4% |
| 2019 | 1,729 million USD | +2.6% |
| 2020 | 1,805 million USD | +4.4% |
| 2021 | 1,311 million USD | -27.4% |
| 2022 | 1,295 million USD | -1.2% |
| 2023 | 1,590 million USD | +22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,632 million USD | 2,365 million USD | 5,715 million USD | 3 |
| 2010s | 3,394 million USD | 1,686 million USD | 5,305 million USD | 10 |
| 2020s | 1,500 million USD | 1,295 million USD | 1,805 million USD | 4 |
Countries ranked near Equatorial Guinea
More economy & growth data for Equatorial Guinea
- Domestic currency per US dollar (End-of-period (EoP)) 558.26 (2025)
- Taxes less subsidies on products (current US$), annual growth rate 97.86 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0092 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 89.89 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 5.36 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 35,466 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 764.54 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 4,498 units per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Equatorial Guinea?
- Total expenditure (central government) — value us$, 2015 prices in Equatorial Guinea was 1,590 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Equatorial Guinea?
- The highest recorded value was 5,715 million USD in 2009.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Equatorial Guinea?
- The lowest recorded value was 1,295 million USD in 2022.
- How does Equatorial Guinea rank for total expenditure (central government) — value us$, 2015 prices?
- Equatorial Guinea ranks 138th out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Equatorial Guinea?
- Over the last ten years it is down 64.2%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.