Taxes on exports in Equatorial Guinea
Equatorial Guinea: Taxes on exports was 0.6% in 2022. ◆ Volatile
Taxes on exports in Equatorial Guinea, 2007–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2022, taxes on exports in Equatorial Guinea stood at 0.6%.
The figure is down 37.6% on the previous year and up 125.3% over ten years.
Over the whole period, taxes on exports in Equatorial Guinea peaked at 1.9% in 2017 and was at its lowest, 0.1%, in 2009.
That places Equatorial Guinea 26th out of 76 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on exports in Equatorial Guinea, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2007 | 1.3% | — |
| 2008 | 0.2% | -87.6% |
| 2009 | 0.1% | -56.2% |
| 2013 | 0.2% | +242.7% |
| 2014 | 0.4% | +48.2% |
| 2015 | 0.5% | +27.4% |
| 2016 | 1.1% | +143.0% |
| 2017 | 1.9% | +66.9% |
| 2018 | 1.4% | -25.8% |
| 2019 | 0.7% | -48.7% |
| 2020 | 0.4% | -40.4% |
| 2021 | 0.9% | +108.1% |
| 2022 | 0.6% | -37.6% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 0.6% is above the median for upper middle income countries, which is 0.1%, 6.8× the median. (23 countries reporting)
- Equatorial Guinea's 0.6% is above the median for Sub-Saharan Africa, which is 0.4%, 1.5× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.1% | 1.3% | 3 |
| 2010s | 0.9% | 0.2% | 1.9% | 7 |
| 2020s | 0.6% | 0.4% | 0.9% | 3 |
Countries ranked near Equatorial Guinea
- 23 Namibia 0.7% compare
- 24 Cambodia 0.6% compare
- 25 Saint Vincent and the Grenadines 0.6%
- 27 Poland 0.4%
- 28 Tanzania, United Republic of 0.4% compare
- 29 Lesotho 0.4% compare
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 taxes on exports in Equatorial Guinea?
- Taxes on exports in Equatorial Guinea was 0.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Equatorial Guinea?
- The highest recorded value was 1.9% in 2017.
- What is the lowest taxes on exports recorded in Equatorial Guinea?
- The lowest recorded value was 0.1% in 2009.
- How does Equatorial Guinea rank for taxes on exports?
- Equatorial Guinea ranks 26th out of 76 countries with data for 2022.
- Is taxes on exports rising or falling in Equatorial Guinea?
- Over the last ten years it is up 125.3%. 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 Taxes on exports (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.