Equatorial Guinea: Imports of goods and services (% of GDP)
In , Equatorial Guinea's Imports of goods and services (% of GDP) was 25.38.
That's up 2.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Equatorial Guinea ranks #127 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #27 of 39.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • 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
- 58.91
- Trough
- 24.84
- 1-year change
- +2.2%
- 5-year change
- -42.0%
- -10.3% / yr
- 10-year change
- -33.9%
- -4.1% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 25.3772 | |
| 24.8410 | |
| 28.8459 | |
| 31.8391 | |
| 37.0824 | |
| 43.7480 | |
| 44.0311 | |
| 43.5652 | |
| 41.1879 | |
| 42.2196 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Equatorial Guinea's Imports of goods and services (% of GDP) in 2024?
- In 2024, Equatorial Guinea's Imports of goods and services (% of GDP) was 25.38, according to World Bank Open Data.
- Is Equatorial Guinea's Imports of goods and services (% of GDP) rising or falling?
- Equatorial Guinea's Imports of goods and services (% of GDP) rose 2.2% from 2023 to 2024.
- How does Equatorial Guinea rank globally on Imports of goods and services (% of GDP)?
- In 2024, Equatorial Guinea ranked #127 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Equatorial Guinea's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #27 of 39.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.