Total Expenditure (central government) β€” Value US$ in Equatorial Guinea, Republic of

Equatorial Guinea, Republic of: Total Expenditure (central government) β€” Value US$ was 2,040 million USD in 2023. β—† Volatile

Latest (2023)
2,040 million USD
Change on year
up 17.0%
World rank
138th
of 172 countries
All-time high
7,881 million USD
in 2012
All-time low
1,660 million USD
in 2021
Years of data
17
2007–2023

Total Expenditure (central government) β€” Value US$ in Equatorial Guinea, Republic of, 2007–2023

2.0k4.0k6.0k8.0k2007201520232007: 2.6k million USD2008: 3.9k million USD2009: 6.0k million USD2010: 5.1k million USD2011: 5.9k million USD2012: 7.9k million USD2013: 6.7k million USD2014: 6.3k million USD2015: 3.9k million USD2016: 2.4k million USD2017: 2.4k million USD2018: 2.1k million USD2019: 2.0k million USD2020: 1.9k million USD2021: 1.7k million USD2022: 1.7k million USD2023: 2.0k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, total expenditure (central government) β€” value us$ in Equatorial Guinea, Republic of stood at 2,040 million USD.

Compared with earlier readings it is up 17.0% on the previous year and down 69.7% over ten years.

Over the whole period, total expenditure (central government) β€” value us$ in Equatorial Guinea, Republic of peaked at 7,881 million USD in 2012 and was at its lowest, 1,660 million USD, in 2021.

That places Equatorial Guinea, Republic of 138th out of 172 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4,178 million USD 2,577 million USD 6,012 million USD 3
2010s 4,459 million USD 1,955 million USD 7,881 million USD 10
2020s 1,828 million USD 1,660 million USD 2,040 million USD 4

Countries ranked near Equatorial Guinea, Republic of

  1. 135 Mauritania, Islamic Republic of 2,651 million USD compare
  2. 136 Lebanon 2,390 million USD compare
  3. 137 Barbados 2,349 million USD compare
  4. 139 Suriname 1,305 million USD compare
  5. 140 Haiti 1,216 million USD compare
  6. 141 Lesotho, Kingdom of 1,164 million USD compare

See the full ranking of 188 places β†’

More economy & growth data for Equatorial Guinea, Republic of

All data for Equatorial Guinea, Republic of β†’

Frequently asked questions

What is total expenditure (central government) β€” value us$ in Equatorial Guinea, Republic of?
Total expenditure (central government) β€” value us$ in Equatorial Guinea, Republic of was 2,040 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) β€” value us$ recorded in Equatorial Guinea, Republic of?
The highest recorded value was 7,881 million USD in 2012.
What is the lowest total expenditure (central government) β€” value us$ recorded in Equatorial Guinea, Republic of?
The lowest recorded value was 1,660 million USD in 2021.
How does Equatorial Guinea, Republic of rank for total expenditure (central government) β€” value us$?
Equatorial Guinea, Republic of ranks 138th out of 172 countries with data for 2023.
Is total expenditure (central government) β€” value us$ rising or falling in Equatorial Guinea, Republic of?
Over the last ten years it is down 69.7%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea, Republic of data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) β€” Value US$. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) β€” Value US$ in Equatorial Guinea, Republic of. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-us/equatorial-guinea/

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About this data

Indicator
Total Expenditure (central government) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.