Equatorial Guinea GDP Annual Growth Rate  1986-2016 | Data | Chart

The Gross Domestic Product (GDP) in Equatorial Guinea contracted 10.60 percent in 2015 from the previous year. GDP Annual Growth Rate in Equatorial Guinea averaged 14.32 percent from 1986 until 2015, reaching an all time high of 95.26 percent in 1997 and a record low of -10.60 percent in 2015.

Equatorial Guinea GDP Annual Growth Rate
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Equatorial Guinea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -10.60 -0.60 95.26 -10.60 percent [+]
GDP 9.40 15.53 18.01 0.01 USD Billion [+]
GDP per capita 13276.13 15565.10 20172.31 474.29 USD [+]
GDP per capita PPP 28271.80 33146.20 42957.34 1010.01 USD [+]



Equatorial Guinea GDP Annual Growth Rate Notes

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. Equatorial Guinea GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-10.60 -0.60 95.26 -10.60 1986 - 2015 percent Yearly



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