Goods balance (credit less debit), Percent of GDP (Balance of) in Equatorial Guinea
Equatorial Guinea: Goods balance (credit less debit), Percent of GDP (Balance of) was 10.75 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in Equatorial Guinea, 2007–2027
Source: International Monetary Fund.
Analysis
Equatorial Guinea recorded 10.75 for goods balance (credit less debit), percent of gdp (balance of) in 2027.
That represents a change of down 21.8% on the previous year and down 39.9% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Equatorial Guinea peaked at 52.49 in 2007 and was at its lowest, 6.89, in 2016.
Equatorial Guinea ranks 9th of 45 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Percent of GDP (Balance of) in Equatorial Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 52.49 | — |
| 2008 | 39.04 | -25.6% |
| 2009 | 40.68 | +4.2% |
| 2010 | 37.76 | -7.2% |
| 2011 | 48.18 | +27.6% |
| 2012 | 47.5 | -1.4% |
| 2013 | 37.76 | -20.5% |
| 2014 | 32.92 | -12.8% |
| 2015 | 16.49 | -49.9% |
| 2016 | 6.89 | -58.2% |
| 2017 | 17.9 | +159.8% |
| 2018 | 23.37 | +30.5% |
| 2019 | 27.85 | +19.2% |
| 2020 | 13.31 | -52.2% |
| 2021 | 20.27 | +52.3% |
| 2022 | 39.34 | +94.1% |
| 2023 | 15.8 | -59.8% |
| 2024 | 17.88 | +13.1% |
| 2025 | 13.75 | -23.1% |
| 2026 | 13.75 | -0.0% |
| 2027 | 10.75 | -21.8% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 10.75 is above the median for Sub-Saharan Africa, which is -2.52. (45 countries reporting)
- Equatorial Guinea's 10.75 is above the median for upper middle income countries, which is -2.59. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.07 | 39.04 | 52.49 | 3 |
| 2010s | 29.66 | 6.89 | 48.18 | 10 |
| 2020s | 18.11 | 10.75 | 39.34 | 8 |
Countries ranked near Equatorial Guinea
More financial sector data for Equatorial Guinea
- Net domestic credit (current LCU), per capita 875,520 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 117.47 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 29.97 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 799.10 million SDR (2024)
- Reserves excluding gold 825.69 million SDR (2024)
- Total reserves (gold at market value) 825.69 million SDR (2024)
- Total reserves (gold at national valuation) 825.69 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 436.29 SDR per person (2024)
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in Equatorial Guinea?
- Goods balance (credit less debit), percent of gdp (balance of) in Equatorial Guinea was 10.75 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Equatorial Guinea?
- The highest recorded value was 52.49 in 2007.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Equatorial Guinea?
- The lowest recorded value was 6.89 in 2016.
- How does Equatorial Guinea rank for goods balance (credit less debit), percent of gdp (balance of)?
- Equatorial Guinea ranks 9th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Equatorial Guinea?
- Over the last ten years it is down 39.9%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.