What was Equatorial Guinea's GDP (constant 2015 US$) in 2024?

In 2024, Equatorial Guinea's GDP (constant 2015 US$) was $9.54 billion, according to World Bank Open Data.

Is Equatorial Guinea's GDP (constant 2015 US$) rising or falling?

Equatorial Guinea's GDP (constant 2015 US$) rose 0.9% from 2023 to 2024.

How does Equatorial Guinea rank globally on GDP (constant 2015 US$)?

In 2024, Equatorial Guinea ranked #147 out of 192 countries reporting GDP (constant 2015 US$).

How does Equatorial Guinea's GDP (constant 2015 US$) compare to the world average?

The global average for GDP (constant 2015 US$) in 2024 was $497.78 billion, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #32 of 46.

Equatorial Guinea: GDP (constant 2015 US$)

Name: Equatorial Guinea: GDP (constant 2015 US$)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2024, Equatorial Guinea's GDP (constant 2015 US$) was $9.54 billion.

That's up 0.9% from 2023, the highest value since 2022.

The global average for this indicator in 2024 was $497.78 billion . Equatorial Guinea ranks #147 globally out of 192 reporting countries. Within Sub-Saharan Africa, it ranks #32 of 46.

Source: World Bank Open Data (NY.GDP.MKTP.KD) • Data as of 2024

Trend (2005–2024)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: $15.07B; 2012
Trough: $9.46B; 2023
1-year change: +0.9%
5-year change: -5.1%; -1.0% / yr
10-year change: -34.2%; -4.1% / yr

Historical Data — Last 10 Years

Year	GDP (constant 2015 US$)
2024	9.542B
2023	9.456B
2022	9.963B
2021	9.652B
2020	9.570B
2019	10.051B
2018	10.634B
2017	11.342B
2016	12.023B
2015	13.185B

About GDP (constant 2015 US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.KD • Category: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was Equatorial Guinea's GDP (constant 2015 US$) in 2024?: In 2024, Equatorial Guinea's GDP (constant 2015 US$) was $9.54 billion, according to World Bank Open Data.
Is Equatorial Guinea's GDP (constant 2015 US$) rising or falling?: Equatorial Guinea's GDP (constant 2015 US$) rose 0.9% from 2023 to 2024.
How does Equatorial Guinea rank globally on GDP (constant 2015 US$)?: In 2024, Equatorial Guinea ranked #147 out of 192 countries reporting GDP (constant 2015 US$).
How does Equatorial Guinea's GDP (constant 2015 US$) compare to the world average?: The global average for GDP (constant 2015 US$) in 2024 was $497.78 billion, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #32 of 46.
What is GDP (constant 2015 US$) and how is it measured?: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

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Source: World Bank Open Data (NY.GDP.MKTP.KD), CC BY 4.0.