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Equatorial Guinea: Agriculture, forestry, and fishing, value added (% of GDP)

In , Equatorial Guinea's Agriculture, forestry, and fishing, value added (% of GDP) was 3.15.

That's up 1.8% from 2023, the highest value since .

The global average for this indicator in 2024 was 9.78 . Equatorial Guinea ranks #114 globally out of 173 reporting countries. Within Sub-Saharan Africa, it ranks #41 of 45.

Source: World Bank Open Data (NV.AGR.TOTL.ZS) • Data as of 2024

Trend (2006–2024)

Equatorial Guinea Agriculture, forestry, and fishing, value added (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.15
Trough
0.89
1-year change
+1.8%
5-year change
+29.2%
+5.3% / yr
10-year change
+143.3%
+9.3% / yr

Historical Data — Last 10 Years

Year Agriculture, forestry, and fishing, value added (% of GDP)
3.1491
3.0934
2.4898
2.8264
3.1516
2.4379
2.2580
2.3155
2.3322
1.8884

About Agriculture, forestry, and fishing, value added (% of GDP)

Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Indicator code: NV.AGR.TOTL.ZSCategory: Economy

Frequently asked questions

What was Equatorial Guinea's Agriculture, forestry, and fishing, value added (% of GDP) in 2024?
In 2024, Equatorial Guinea's Agriculture, forestry, and fishing, value added (% of GDP) was 3.15, according to World Bank Open Data.
Is Equatorial Guinea's Agriculture, forestry, and fishing, value added (% of GDP) rising or falling?
Equatorial Guinea's Agriculture, forestry, and fishing, value added (% of GDP) rose 1.8% from 2023 to 2024.
How does Equatorial Guinea rank globally on Agriculture, forestry, and fishing, value added (% of GDP)?
In 2024, Equatorial Guinea ranked #114 out of 173 countries reporting Agriculture, forestry, and fishing, value added (% of GDP).
How does Equatorial Guinea's Agriculture, forestry, and fishing, value added (% of GDP) compare to the world average?
The global average for Agriculture, forestry, and fishing, value added (% of GDP) in 2024 was 9.78, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #41 of 45.
What is Agriculture, forestry, and fishing, value added (% of GDP) and how is it measured?
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.
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Source: World Bank Open Data (NV.AGR.TOTL.ZS), CC BY 4.0.