Expense in Equatorial Guinea
Equatorial Guinea: Expense was 943.02 billion current LCU in 2022. ▲ Rising
Expense 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 943.02 billion current LCU for expense in 2022. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 34.4% on the previous year and up 15.6% over ten years.
Over the whole period, expense in Equatorial Guinea peaked at 943.02 billion current LCU in 2022 and was at its lowest, 194.41 billion current LCU, in 2006.
That places Equatorial Guinea 63rd out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Expense in Equatorial Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 194.41 billion current LCU | — |
| 2007 | 214.63 billion current LCU | +10.4% |
| 2008 | 367.82 billion current LCU | +71.4% |
| 2009 | 345.26 billion current LCU | -6.1% |
| 2010 | 453.93 billion current LCU | +31.5% |
| 2011 | 500.58 billion current LCU | +10.3% |
| 2012 | 815.43 billion current LCU | +62.9% |
| 2013 | 871.86 billion current LCU | +6.9% |
| 2014 | 762.18 billion current LCU | -12.6% |
| 2015 | 775.12 billion current LCU | +1.7% |
| 2016 | 682.51 billion current LCU | -11.9% |
| 2017 | 701.52 billion current LCU | +2.8% |
| 2018 | 750.85 billion current LCU | +7.0% |
| 2019 | 759.75 billion current LCU | +1.2% |
| 2020 | 697.81 billion current LCU | -8.2% |
| 2021 | 701.65 billion current LCU | +0.6% |
| 2022 | 943.02 billion current LCU | +34.4% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 943.02 billion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 3.0× the median. (47 countries reporting)
- Equatorial Guinea's 943.02 billion current LCU is below the median for Sub-Saharan Africa, which is 972.73 billion current LCU, 97% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 280.53 billion current LCU | 194.41 billion current LCU | 367.82 billion current LCU | 4 |
| 2010s | 707.37 billion current LCU | 453.93 billion current LCU | 871.86 billion current LCU | 10 |
| 2020s | 780.83 billion current LCU | 697.81 billion current LCU | 943.02 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)
- 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)
- Elected parliament, 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)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Equatorial Guinea?
- Expense in Equatorial Guinea was 943.02 billion current LCU 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 943.02 billion current LCU in 2022.
- What is the lowest expense recorded in Equatorial Guinea?
- The lowest recorded value was 194.41 billion current LCU in 2006.
- How does Equatorial Guinea rank for expense?
- Equatorial Guinea ranks 63rd out of 157 countries with data for 2022.
- Is expense rising or falling in Equatorial Guinea?
- Over the last ten years it is up 15.6%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.