The economy of Equatorial Guinea is estimated to have expanded by 1.6% in 2024, according to the AFDB. GDP Annual Growth Rate in Equatorial Guinea averaged 9.72 percent from 1986 until 2024, reaching an all time high of 95.26 percent in 1997 and a record low of -9.40 percent in 2016. source: Bank of Central African States

GDP Annual Growth Rate in Equatorial Guinea is expected to reach -2.50 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Equatorial Guinea GDP Annual Growth Rate is projected to trend around -1.30 percent in 2027 and 1.50 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP 12.77 12.34 USD Billion Dec 2024
GDP Annual Growth Rate 1.60 -5.10 percent Dec 2024
GDP per Capita 5041.94 5118.22 USD Dec 2024
GDP per Capita PPP 15454.43 15688.24 USD Dec 2024


Equatorial Guinea GDP Annual Growth Rate
Despite its small size, Equatorial Guinea is the third largest oil exporter in sub-Saharan Africa. The country has vast resource of gas and timber but does not manufacture anything. The petroleum sector accounted for 85 percent of GDP and more than 94 percent of exports. Other sectors are construction (7 percent of GDP in 2015), agriculture, forestry and fisheries (2 percent of GDP), and trade (1.6 percent).
Actual Previous Highest Lowest Dates Unit Frequency
1.60 -5.10 95.26 -9.40 1986 - 2024 percent Yearly