Expense in Equatorial Guinea

Equatorial Guinea: Expense was 11.0% in 2022. ▲ Rising

Latest (2022)
11.0%
Change on year
up 6.6%
World rank
146th
of 157 countries
All-time high
12.3%
in 2020
All-time low
3.4%
in 2007
Years of data
17
2006–2022

Expense in Equatorial Guinea, 2006–2022

46810122006201420222006: 3.7 % of GDP2007: 3.4 % of GDP2008: 4.2 % of GDP2009: 4.9 % of GDP2010: 5.6 % of GDP2011: 5 % of GDP2012: 7.1 % of GDP2013: 8 % of GDP2014: 7.1 % of GDP2015: 9.9 % of GDP2016: 10.2 % of GDP2017: 9.9 % of GDP2018: 10.3 % of GDP2019: 11.4 % of GDP2020: 12.3 % of GDP2021: 10.4 % of GDP2022: 11 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Equatorial Guinea is 11.0%, measured in 2022.

That represents a change of up 6.6% on the previous year and up 54.8% over ten years.

Over the whole period, expense in Equatorial Guinea peaked at 12.3% in 2020 and was at its lowest, 3.4%, in 2007.

That places Equatorial Guinea 146th out of 157 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.0% 3.4% 4.9% 4
2010s 8.5% 5.0% 11.4% 10
2020s 11.2% 10.4% 12.3% 3

Countries ranked near Equatorial Guinea

  1. 143 Burundi 12.3% compare
  2. 144 Mali 12.2% compare
  3. 145 Central African Republic 11.7% compare
  4. 147 Madagascar 11.0% compare
  5. 148 Tajikistan 11.0% compare
  6. 149 Zimbabwe 11.0% compare

See the full ranking of 183 places →

More economy & growth data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is expense in Equatorial Guinea?
Expense in Equatorial Guinea was 11.0% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Equatorial Guinea?
The highest recorded value was 12.3% in 2020.
What is the lowest expense recorded in Equatorial Guinea?
The lowest recorded value was 3.4% in 2007.
How does Equatorial Guinea rank for expense?
Equatorial Guinea ranks 146th out of 157 countries with data for 2022.
Is expense rising or falling in Equatorial Guinea?
Over the last ten years it is up 54.8%. The long-run trend across the full record is rising.
Where does this Equatorial Guinea data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.