Equatorial Guinea Government Debt To GDP

Equatorial Guinea recorded a Government Debt to GDP of 4.70 percent of the country's Gross Domestic Product in 2011. Government Debt To GDP in Equatorial Guinea is reported by the Bank of Central African States. Government Debt To GDP in Equatorial Guinea averaged 4.20 Percent from 2003 until 2011, reaching an all time high of 10.40 Percent in 2003 and a record low of 0.70 Percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Equatorial Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.70 5.00 10.40 0.70 5.84 | 2012/12 2003 - 2011 Percent Yearly

TO

Equatorial Guinea Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 4.70 2011-12-31 5.00 10.40 0.70 5.84 2012-12-31 Percent [+]
Government Budget -3.00 2012-12-31 -2.30 26.20 -7.90 -2.42 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Crude Oil Production in Equatorial Guinea increased to 279 Thousands Barrels per Day in October of 2013 from 269 Thousands Barrels per Day in September of 2013. Crude Oil Production in Equatorial Guinea is reported by the U.S. Energy Information Administration.
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The benchmark interest rate in Equatorial Guinea was last recorded at 3.25 percent. Interest Rate in Equatorial Guinea is reported by the Bank of Central African States.
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The Personal Income Tax Rate in Equatorial Guinea stands at 35 percent. Personal Income Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
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The Corporate Tax Rate in Equatorial Guinea stands at 35 percent. Corporate Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
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Equatorial Guinea recorded a Government Debt to GDP of 4.70 percent of the country's Gross Domestic Product in 2011. Government Debt To GDP in Equatorial Guinea is reported by the Bank of Central African States.
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The Gross Domestic Product (GDP) in Equatorial Guinea expanded 5.50 percent in 2012 from the previous year. GDP Annual Growth Rate in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Equatorial Guinea stands at 15 percent. Sales Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Balance of Trade at 2723.70 CFA Franc Billion  
Equatorial Guinea recorded a trade surplus of 2723.70 CFA Franc Billion in 2010. Balance of Trade in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Current Account at -352.70 CFA Franc Billion  
Equatorial Guinea recorded a Current Account deficit of 352.70 CFA Franc Billion in 2010. Current Account in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Inflation Rate at 3.10 Percent  
The inflation rate in Equatorial Guinea was recorded at 3.10 percent in 2013. Inflation Rate in Equatorial Guinea is reported by the Bank of Central African States.
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