Value Added (Total Manufacturing) — Value Standard Local Currency in Equatorial Guinea
Equatorial Guinea: Value Added (Total Manufacturing) — Value Standard Local Currency was 1.72 million million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Equatorial Guinea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Equatorial Guinea stood at 1.72 million million SLC.
The figure is down 18.1% on the previous year and down 17.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Equatorial Guinea peaked at 2.26 million million SLC in 2011 and was at its lowest, 192.97 million SLC, in 1972.
Equatorial Guinea ranks 52nd of 231 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Equatorial Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 213.06 million SLC | — |
| 1971 | 206.92 million SLC | -2.9% |
| 1972 | 192.97 million SLC | -6.7% |
| 1973 | 217.11 million SLC | +12.5% |
| 1974 | 248.98 million SLC | +14.7% |
| 1975 | 275.12 million SLC | +10.5% |
| 1976 | 317.18 million SLC | +15.3% |
| 1977 | 363.54 million SLC | +14.6% |
| 1978 | 377.23 million SLC | +3.8% |
| 1979 | 399.02 million SLC | +5.8% |
| 1980 | 438.1 million SLC | +9.8% |
| 1981 | 509.35 million SLC | +16.3% |
| 1982 | 776.35 million SLC | +52.4% |
| 1983 | 972.36 million SLC | +25.2% |
| 1984 | 1,081 million SLC | +11.1% |
| 1985 | 1,629 million SLC | +50.8% |
| 1986 | 1,102 million SLC | -32.4% |
| 1987 | 2,012 million SLC | +82.6% |
| 1988 | 1,248 million SLC | -38.0% |
| 1989 | 1,267 million SLC | +1.6% |
| 1990 | 1,320 million SLC | +4.2% |
| 1991 | 1,394 million SLC | +5.6% |
| 1992 | 2,363 million SLC | +69.5% |
| 1993 | 3,348 million SLC | +41.7% |
| 1994 | 5,889 million SLC | +75.9% |
| 1995 | 6,184 million SLC | +5.0% |
| 1996 | 28,262 million SLC | +357.0% |
| 1997 | 29,638 million SLC | +4.9% |
| 1998 | 31,052 million SLC | +4.8% |
| 1999 | 52,875 million SLC | +70.3% |
| 2000 | 116,684 million SLC | +120.7% |
| 2001 | 139,181 million SLC | +19.3% |
| 2002 | 163,677 million SLC | +17.6% |
| 2003 | 203,950 million SLC | +24.6% |
| 2004 | 254,120 million SLC | +24.6% |
| 2005 | 309,191 million SLC | +21.7% |
| 2006 | 376,241 million SLC | +21.7% |
| 2007 | 909,305 million SLC | +141.7% |
| 2008 | 1.80 million million SLC | +98.1% |
| 2009 | 1.28 million million SLC | -28.9% |
| 2010 | 1.70 million million SLC | +32.5% |
| 2011 | 2.26 million million SLC | +33.3% |
| 2012 | 1.95 million million SLC | -13.6% |
| 2013 | 2.09 million million SLC | +7.0% |
| 2014 | 2.16 million million SLC | +3.5% |
| 2015 | 1.39 million million SLC | -35.7% |
| 2016 | 1.23 million million SLC | -11.4% |
| 2017 | 1.82 million million SLC | +48.0% |
| 2018 | 1.86 million million SLC | +2.0% |
| 2019 | 1.39 million million SLC | -25.4% |
| 2020 | 1.11 million million SLC | -19.9% |
| 2021 | 1.42 million million SLC | +27.5% |
| 2022 | 2.10 million million SLC | +47.9% |
| 2023 | 1.72 million million SLC | -18.1% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 1.72 million million SLC is above the median for upper middle income countries, which is 109,280 million SLC, 15.7× the median. (54 countries reporting)
- Equatorial Guinea's 1.72 million million SLC is above the median for Sub-Saharan Africa, which is 756,855 million SLC, 2.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Equatorial Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +357.0% | 6,184 million SLC | 28,262 million SLC |
| 2007 | +141.7% | 376,241 million SLC | 909,305 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 281.11 million SLC | 192.97 million SLC | 399.02 million SLC | 10 |
| 1980s | 1,104 million SLC | 438.1 million SLC | 2,012 million SLC | 10 |
| 1990s | 16,233 million SLC | 1,320 million SLC | 52,875 million SLC | 10 |
| 2000s | 555,364 million SLC | 116,684 million SLC | 1.80 million million SLC | 10 |
| 2010s | 1.79 million million SLC | 1.23 million million SLC | 2.26 million million SLC | 10 |
| 2020s | 1.59 million million SLC | 1.11 million million SLC | 2.10 million million SLC | 4 |
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 value added (total manufacturing) — value standard local currency in Equatorial Guinea?
- Value added (total manufacturing) — value standard local currency in Equatorial Guinea was 1.72 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Equatorial Guinea?
- The highest recorded value was 2.26 million million SLC in 2011.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Equatorial Guinea?
- The lowest recorded value was 192.97 million SLC in 1972.
- How does Equatorial Guinea rank for value added (total manufacturing) — value standard local currency?
- Equatorial Guinea ranks 52nd out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Equatorial Guinea?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).