Equatorial Guinea recorded a Current Account deficit of 2.40 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Equatorial Guinea averaged -16.42 percent of GDP from 1987 until 2024, reaching an all time high of 19.20 percent of GDP in 2006 and a record low of -124.60 percent of GDP in 1996. source: Bank of Central African States

Current Account to GDP in Equatorial Guinea is expected to reach -1.70 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Equatorial Guinea Current Account to GDP is projected to trend around -2.20 percent of GDP in 2026 and -2.50 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Current Account -399.00 -261.00 XAF Billion Dec 2024
Current Account to GDP -2.40 -1.30 percent of GDP Dec 2024



Equatorial Guinea Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -1.30 19.20 -124.60 1987 - 2024 percent of GDP Yearly