Compensation of employees (current LCU) in Equatorial Guinea
Equatorial Guinea: Compensation of employees (current LCU) was 204.65 billion current LCU in 2022. ▲ Rising
Compensation of employees in Equatorial Guinea, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Equatorial Guinea is 204.65 billion current LCU, measured in 2022. That is the highest value across all 17 years on record.
The figure is up 5.1% on the previous year and up 105.0% over ten years.
Over the whole period, compensation of employees in Equatorial Guinea peaked at 204.65 billion current LCU in 2022 and was at its lowest, 40.61 billion current LCU, in 2006.
Equatorial Guinea ranks 59th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Compensation of employees (current LCU) in Equatorial Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 40.61 billion current LCU | — |
| 2007 | 52.48 billion current LCU | +29.2% |
| 2008 | 56.37 billion current LCU | +7.4% |
| 2009 | 70.65 billion current LCU | +25.3% |
| 2010 | 77.81 billion current LCU | +10.1% |
| 2011 | 79.82 billion current LCU | +2.6% |
| 2012 | 99.82 billion current LCU | +25.1% |
| 2013 | 109.51 billion current LCU | +9.7% |
| 2014 | 112.35 billion current LCU | +2.6% |
| 2015 | 134.49 billion current LCU | +19.7% |
| 2016 | 138.65 billion current LCU | +3.1% |
| 2017 | 142.83 billion current LCU | +3.0% |
| 2018 | 175.57 billion current LCU | +22.9% |
| 2019 | 189.44 billion current LCU | +7.9% |
| 2020 | 195.14 billion current LCU | +3.0% |
| 2021 | 194.78 billion current LCU | -0.2% |
| 2022 | 204.65 billion current LCU | +5.1% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 204.65 billion current LCU is above the median for upper middle income countries, which is 95.94 billion current LCU, 2.1× the median. (47 countries reporting)
- Equatorial Guinea's 204.65 billion current LCU is below the median for Sub-Saharan Africa, which is 317.20 billion current LCU, 65% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.03 billion current LCU | 40.61 billion current LCU | 70.65 billion current LCU | 4 |
| 2010s | 126.03 billion current LCU | 77.81 billion current LCU | 189.44 billion current LCU | 10 |
| 2020s | 198.19 billion current LCU | 194.78 billion current LCU | 204.65 billion current LCU | 3 |
Countries ranked near Equatorial Guinea
More public sector data for Equatorial Guinea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 6.34 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -96.67 % change on previous year (2013)
Frequently asked questions
- What is compensation of employees in Equatorial Guinea?
- Compensation of employees in Equatorial Guinea was 204.65 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Equatorial Guinea?
- The highest recorded value was 204.65 billion current LCU in 2022.
- What is the lowest compensation of employees recorded in Equatorial Guinea?
- The lowest recorded value was 40.61 billion current LCU in 2006.
- How does Equatorial Guinea rank for compensation of employees?
- Equatorial Guinea ranks 59th out of 156 countries with data for 2022.
- Is compensation of employees rising or falling in Equatorial Guinea?
- Over the last ten years it is up 105.0%. 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 Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.