Net incurrence of liabilities, total (% of GDP) in Equatorial Guinea
Equatorial Guinea: Net incurrence of liabilities, total (% of GDP) was 0.9% in 2014. ◆ Volatile
Net incurrence of liabilities, total in Equatorial Guinea, 2006–2014
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2014, net incurrence of liabilities, total in Equatorial Guinea stood at 0.9%.
That represents a change of down 57.4% on the previous year and up 273.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Equatorial Guinea peaked at 2.2% in 2013 and was at its lowest, -0.5%, in 2006.
That places Equatorial Guinea 107th out of 136 countries with data for 2014, putting it in the bottom quarter.
Net incurrence of liabilities, total (% of GDP) in Equatorial Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | -0.5% | — |
| 2007 | -0.3% | -44.1% |
| 2008 | -0.0% | -88.5% |
| 2009 | -0.0% | -26.8% |
| 2010 | 0.6% | -2409.4% |
| 2011 | 1.4% | +145.3% |
| 2012 | -0.4% | -130.8% |
| 2013 | 2.2% | -595.0% |
| 2014 | 0.9% | -57.4% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 0.9% is below the median for upper middle income countries, which is 2.9%, 32% of the median. (47 countries reporting)
- Equatorial Guinea's 0.9% is below the median for Sub-Saharan Africa, which is 3.9%, 24% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.2% | -0.5% | -0.0% | 4 |
| 2010s | 0.9% | -0.4% | 2.2% | 5 |
Countries ranked near Equatorial Guinea
- 104 Cyprus 1.1%
- 105 Madagascar 1.0% compare
- 106 Democratic Republic of Congo 1.0% compare
- 108 Gabon 0.9%
- 109 Zambia 0.8% compare
- 110 Lesotho 0.7% compare
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 net incurrence of liabilities, total in Equatorial Guinea?
- Net incurrence of liabilities, total in Equatorial Guinea was 0.9% in 2014, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Equatorial Guinea?
- The highest recorded value was 2.2% in 2013.
- What is the lowest net incurrence of liabilities, total recorded in Equatorial Guinea?
- The lowest recorded value was -0.5% in 2006.
- How does Equatorial Guinea rank for net incurrence of liabilities, total?
- Equatorial Guinea ranks 107th out of 136 countries with data for 2014.
- Is net incurrence of liabilities, total rising or falling in Equatorial Guinea?
- Over the last ten years it is up 273.6%. 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.