Equatorial Guinea vs World: Goods and services expense
Goods and services expense over time
- Equatorial Guinea
- World
How they compare
Equatorial Guinea currently reports 25.4% against 11.7% in World, a difference of 13.7%.
That makes Equatorial Guinea's figure about 2.2 times World's.
Across all 17 years both countries report, Equatorial Guinea has been ahead every year.
Equatorial Guinea ranks 28th and World ranks 26th of 154 countries.
Equatorial Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Equatorial Guinea | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42.2% | 12.2% | 30.0% | Equatorial Guinea |
| 2010s | 43.4% | 12.0% | 31.4% | Equatorial Guinea |
| 2020s | 31.1% | 12.0% | 19.1% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Equatorial Guinea or World?
- Equatorial Guinea, at 25.4% against 11.7% in World as of 2022.
- What is the difference in goods and services expense between Equatorial Guinea and World?
- 13.7%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and World?
- 17 years are reported by both, from 2006 to 2022.
- How do Equatorial Guinea and World rank globally for goods and services expense?
- Equatorial Guinea ranks 28th and World ranks 26th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.