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Equatorial Guinea GDP Annual Growth Rate

Equatorial Guinea's GDP annual growth rate rose to 0.91% in 2024, up from -5.09% in 2023, according to World Bank. This represents an increase of 6% from the previous year. Equatorial Guinea has GDP annual growth rate lower than the global median (0.91% vs median 3.24%). Compared with the median in Africa, Equatorial Guinea is lower (0.91% vs regional median 3.99%) and ranks 47th out of 52 countries in Africa.

Equatorial Guinea's real GDP rose to $9.54 billion in 2024, up from $9.46 billion in 2023.

Yearly Historical Data (1981-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 0.91%
2023 -5.09%
2022 3.22%
2021 0.86%
2020 -4.79%
2019 -5.48%
2018 -6.24%
2017 -5.67%
2016 -8.82%
2015 -9.11%
2014 0.42%
2013 -4.13%
2012 8.31%
2011 6.52%
2010 -8.92%
2009 1.34%
2008 17.8%
2007 15.28%
2006 7.7%
2005 16.75%
2004 38%
2003 13.96%
2002 19.46%
2001 63.38%
2000 18.21%
1999 25.66%
1998 23.77%
1997 149.97%
1996 66.58%
1995 17.49%
1994 16.67%
1993 11.03%
1992 34.75%
1991 -1.02%
1990 -1.76%
1989 -1.23%
1988 2.66%
1987 4.44%
1986 -2.33%
1985 12.91%
1984 1.01%
1983 5%
1982 2.2%
1981 5.77%
Equatorial Guinea GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Equatorial Guinea's total economic output.
Indicator Last Value Prior Value Period
GDP $12.77B $12.34B 2024
GDP per Capita $5,041.94 $5,118.22 2024
GDP per Capita PPP $15,454.43 $15,688.24 2024
Real GDP $9.54B $9.46B 2024