Subsidies and other transfers in Equatorial Guinea
Equatorial Guinea: Subsidies and other transfers 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 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% |
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
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.78 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0085 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -30.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 113.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
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.