Subsidies and other transfers (% of expense) in Equatorial Guinea
Equatorial Guinea: Subsidies and other transfers (% of expense) was 15.3% in 2022. ◆ Volatile
Subsidies and other transfers in Equatorial Guinea, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, subsidies and other transfers in Equatorial Guinea stood at 15.3%.
Compared with earlier readings it is up 23.6% on the previous year and down 50.2% over ten years.
Over the whole period, subsidies and other transfers in Equatorial Guinea peaked at 46.1% in 2008 and was at its lowest, 7.5%, in 2020.
That places Equatorial Guinea 136th out of 152 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (% of expense) in Equatorial Guinea, year by year
| Year | % of expense | Change |
|---|---|---|
| 2006 | 33.5% | — |
| 2007 | 35.3% | +5.4% |
| 2008 | 46.1% | +30.6% |
| 2009 | 33.9% | -26.6% |
| 2010 | 37.5% | +10.5% |
| 2011 | 36.4% | -2.7% |
| 2012 | 30.8% | -15.5% |
| 2013 | 27.2% | -11.7% |
| 2014 | 24.2% | -10.9% |
| 2015 | 8.9% | -63.0% |
| 2016 | 8.3% | -6.8% |
| 2017 | 8.3% | +0.0% |
| 2018 | 9.7% | +16.4% |
| 2019 | 9.0% | -7.7% |
| 2020 | 7.5% | -16.5% |
| 2021 | 12.4% | +65.9% |
| 2022 | 15.3% | +23.6% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 15.3% is below the median for upper middle income countries, which is 35.7%, 43% of the median. (46 countries reporting)
- Equatorial Guinea's 15.3% is below the median for Sub-Saharan Africa, which is 25.7%, 60% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.2% | 33.5% | 46.1% | 4 |
| 2010s | 20.0% | 8.3% | 37.5% | 10 |
| 2020s | 11.7% | 7.5% | 15.3% | 3 |
Countries ranked near Equatorial Guinea
- 133 Honduras 17.0% compare
- 134 Botswana 16.9% compare
- 135 Bhutan 15.9% compare
- 137 Seychelles 15.1%
- 138 Costa Rica 14.9% compare
- 139 Belize 14.8%
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 subsidies and other transfers in Equatorial Guinea?
- Subsidies and other transfers in Equatorial Guinea was 15.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Equatorial Guinea?
- The highest recorded value was 46.1% in 2008.
- What is the lowest subsidies and other transfers recorded in Equatorial Guinea?
- The lowest recorded value was 7.5% in 2020.
- How does Equatorial Guinea rank for subsidies and other transfers?
- Equatorial Guinea ranks 136th out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Equatorial Guinea?
- Over the last ten years it is down 50.2%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.