Customs and other import duties (current LCU) in Equatorial Guinea
Equatorial Guinea: Customs and other import duties (current LCU) was 22.45 billion current LCU in 2022. ◆ Volatile
Customs and other import duties in Equatorial Guinea, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Equatorial Guinea recorded 22.45 billion current LCU for customs and other import duties in 2022.
That represents a change of up 127.3% on the previous year and up 51.4% over ten years.
Over the whole period, customs and other import duties in Equatorial Guinea peaked at 32.69 billion current LCU in 2014 and was at its lowest, 6.14 billion current LCU, in 2008.
Equatorial Guinea ranks 60th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties (current LCU) in Equatorial Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 10.21 billion current LCU | — |
| 2007 | 6.46 billion current LCU | -36.8% |
| 2008 | 6.14 billion current LCU | -4.9% |
| 2009 | 9.40 billion current LCU | +53.0% |
| 2010 | 12.24 billion current LCU | +30.2% |
| 2011 | 13.88 billion current LCU | +13.3% |
| 2012 | 14.83 billion current LCU | +6.8% |
| 2013 | 31.40 billion current LCU | +111.7% |
| 2014 | 32.69 billion current LCU | +4.1% |
| 2015 | 13.43 billion current LCU | -58.9% |
| 2016 | 15.85 billion current LCU | +18.0% |
| 2017 | 12.29 billion current LCU | -22.5% |
| 2018 | 13.02 billion current LCU | +5.9% |
| 2019 | 15.44 billion current LCU | +18.6% |
| 2020 | 9.95 billion current LCU | -35.5% |
| 2021 | 9.87 billion current LCU | -0.8% |
| 2022 | 22.45 billion current LCU | +127.3% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 22.45 billion current LCU is above the median for upper middle income countries, which is 12.90 billion current LCU, 1.7× the median. (47 countries reporting)
- Equatorial Guinea's 22.45 billion current LCU is below the median for Sub-Saharan Africa, which is 101.22 billion current LCU, 22% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.06 billion current LCU | 6.14 billion current LCU | 10.21 billion current LCU | 4 |
| 2010s | 17.51 billion current LCU | 12.24 billion current LCU | 32.69 billion current LCU | 10 |
| 2020s | 14.09 billion current LCU | 9.87 billion current LCU | 22.45 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 customs and other import duties in Equatorial Guinea?
- Customs and other import duties in Equatorial Guinea was 22.45 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Equatorial Guinea?
- The highest recorded value was 32.69 billion current LCU in 2014.
- What is the lowest customs and other import duties recorded in Equatorial Guinea?
- The lowest recorded value was 6.14 billion current LCU in 2008.
- How does Equatorial Guinea rank for customs and other import duties?
- Equatorial Guinea ranks 60th out of 152 countries with data for 2022.
- Is customs and other import duties rising or falling in Equatorial Guinea?
- Over the last ten years it is up 51.4%. The long-run trend across the full record is volatile.
- 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 Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.