Equatorial Guinea GDP Annual Growth Rate 1986-2014 | Data | Chart

The Gross Domestic Product (GDP) in Equatorial Guinea contracted 1.40 percent in 2013 from the previous year. GDP Annual Growth Rate in Equatorial Guinea averaged 14.54 Percent from 1986 until 2013, reaching an all time high of 95.26 Percent in 1997 and a record low of -3.60 Percent in 2009. GDP Annual Growth Rate in Equatorial Guinea is reported by the Bank of Central African States.


Equatorial Guinea GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 5.30 95.26 -3.60 1986 - 2013 Percent Yearly
Despite its small size, Equatorial Guinea is the third largest oil exporter in sub-Saharan Africa. The country also has vast resource of gas and timber but does not manufacture anything. In terms of GDP per capita it is one of the world's richest countries. But due to government mismanagement and widespread corruption oil revenues are distributed unevenly and most of the population lives on little more than $1 a day. In recent years, the government has embarked on public investment program like building highways and its new capital. However, investments in education, agriculture and manufacturing industry seem to be forgotten. This page provides - Equatorial Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Equatorial Guinea GDP Annual Growth Rate - was last refreshed on Thursday, October 30, 2014.

Equatorial Guinea GDP Last Previous Highest Lowest Unit
GDP 15.57 16.50 16.50 0.01 USD Billion [+]
GDP Annual Growth Rate -1.40 5.30 95.26 -3.60 Percent [+]
GDP per capita 10990.44 11880.73 13518.03 338.38 USD [+]
GDP per capita PPP 32646.52 35291.06 40154.58 1005.16 USD [+]