[ Nominal GDP in billions of USD ]
Year -
$12.77 billions
Equatorial Guinea GDP expanded from 1962 to 2024, increasing from $0.04 billion to $12.77 billion.The compound annual growth rate (CAGR) averaged 9.75% over the period. The economy recorded its peak level in 2012 and its lowest level in 1962. Growth volatility remained high. The maximum drawdown reached 60%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 12.77 Billions | $ 33.25 Int Billions |
| Growth (YoY) | 3.471% | 3.347% |
| Net Change vs Previous Year | $ 0.43 Billion | $ 1.08 Int Billion |
| % of World GDP | 0.01% | 0.02% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | 0.04 | - | - | - | - | - |
| 1963 | 0.04 | 0.01 | 18.826 % | - | - | - |
| 1964 | 0.05 | 0.01 | 17.278 % | - | - | - |
| 1965 | 0.06 | 0.01 | 24.72 % | - | - | - |
| 1966 | 0.07 | 0 | 6.736 % | - | - | - |
| 1967 | 0.07 | 0 | 4.641 % | - | - | - |
| 1968 | 0.07 | 0 | -6.642 % | - | - | - |
| 1969 | 0.07 | 0 | -0.427 % | - | - | - |
| 1970 | 0.07 | 0 | -1.33 % | - | - | - |
| 1971 | 0.06 | 0 | -2.087 % | - | - | - |
| 1972 | 0.07 | 0 | 0.743 % | - | - | - |
| 1973 | 0.08 | 0.02 | 24.109 % | - | - | - |
| 1974 | 0.09 | 0.01 | 15.956 % | - | - | - |
| 1975 | 0.1 | 0.01 | 10.764 % | - | - | - |
| 1976 | 0.1 | 0 | -0.616 % | - | - | - |
| 1977 | 0.1 | 0 | 0.323 % | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | 0.05 | -0.05 | -51.299 % | - | - | - |
| 1981 | 0.04 | -0.01 | -27.47 % | - | - | - |
| 1982 | 0.04 | 0.01 | 20.591 % | - | - | - |
| 1983 | 0.04 | 0 | 0.334 % | - | - | - |
| 1984 | 0.05 | 0.01 | 13.227 % | - | - | - |
| 1985 | 0.06 | 0.01 | 23.445 % | - | - | - |
| 1986 | 0.08 | 0.01 | 23.003 % | - | - | - |
| 1987 | 0.09 | 0.02 | 22.169 % | - | - | - |
| 1988 | 0.1 | 0.01 | 7.701 % | - | - | - |
| 1989 | 0.09 | -0.01 | -12.203 % | - | - | - |
| 1990 | 0.11 | 0.02 | 27.024 % | 0.27 | - | - |
| 1991 | 0.11 | 0 | -1.082 % | 0.28 | 0.01 | 2.325 % |
| 1992 | 0.13 | 0.02 | 21.461 % | 0.39 | 0.11 | 37.816 % |
| 1993 | 0.14 | 0 | 0.995 % | 0.44 | 0.05 | 13.665 % |
| 1994 | 0.1 | -0.04 | -25.903 % | 0.52 | 0.08 | 19.16 % |
| 1995 | 0.14 | 0.04 | 40.718 % | 0.63 | 0.1 | 19.95 % |
| 1996 | 0.23 | 0.09 | 63.876 % | 1.06 | 0.44 | 69.63 % |
| 1997 | 0.44 | 0.21 | 90.283 % | 2.71 | 1.64 | 154.284 % |
| 1998 | 0.37 | -0.07 | -16.198 % | 3.39 | 0.68 | 25.166 % |
| 1999 | 0.62 | 0.25 | 67.558 % | 4.32 | 0.93 | 27.442 % |
| 2000 | 1.05 | 0.42 | 68.406 % | 5.22 | 0.9 | 20.892 % |
| 2001 | 1.46 | 0.42 | 39.688 % | 8.72 | 3.5 | 67.059 % |
| 2002 | 1.81 | 0.35 | 23.653 % | 10.58 | 1.86 | 21.319 % |
| 2003 | 2.48 | 0.68 | 37.526 % | 12.29 | 1.71 | 16.205 % |
| 2004 | 4.41 | 1.93 | 77.514 % | 17.42 | 5.13 | 41.71 % |
| 2005 | 8.22 | 3.81 | 86.303 % | 20.97 | 3.55 | 20.409 % |
| 2006 | 10.09 | 1.87 | 22.746 % | 23.28 | 2.31 | 11.026 % |
| 2007 | 13.07 | 2.99 | 29.596 % | 27.57 | 4.29 | 18.405 % |
| 2008 | 19.75 | 6.68 | 51.089 % | 33.1 | 5.53 | 20.069 % |
| 2009 | 15.03 | -4.72 | -23.909 % | 33.75 | 0.65 | 1.968 % |
| 2010 | 16.31 | 1.29 | 8.562 % | 31.12 | -2.64 | -7.817 % |
| 2011 | 21.36 | 5.04 | 30.911 % | 33.83 | 2.71 | 8.722 % |
| 2012 | 22.39 | 1.03 | 4.827 % | 38.82 | 4.99 | 14.751 % |
| 2013 | 21.95 | -0.44 | -1.963 % | 37.57 | -1.25 | -3.214 % |
| 2014 | 21.77 | -0.18 | -0.835 % | 38.04 | 0.47 | 1.254 % |
| 2015 | 13.19 | -8.58 | -39.42 % | 28.32 | -9.72 | -25.558 % |
| 2016 | 11.24 | -1.94 | -14.749 % | 25.11 | -3.21 | -11.335 % |
| 2017 | 12.2 | 0.96 | 8.541 % | 28.8 | 3.69 | 14.703 % |
| 2018 | 13.1 | 0.9 | 7.345 % | 29.76 | 0.96 | 3.336 % |
| 2019 | 11.36 | -1.73 | -13.231 % | 27.48 | -2.29 | -7.683 % |
| 2020 | 9.89 | -1.47 | -12.938 % | 23.48 | -4 | -14.559 % |
| 2021 | 12.22 | 2.32 | 23.47 % | 29.59 | 6.11 | 26.022 % |
| 2022 | 13.69 | 1.47 | 12.048 % | 32.72 | 3.13 | 10.583 % |
| 2023 | 12.34 | -1.35 | -9.864 % | 32.17 | -0.55 | -1.674 % |
| 2024 | 12.77 | 0.43 | 3.471 % | 33.25 | 1.08 | 3.347 % |
Between 1962 to 2024, Equatorial Guinea experienced the following economic phases:
The most remarkable growth occurred in 1997 with an increase of 90.283%, while the largest decline was in 1980 at -51.299%.