Equatorial Guinea: Trade (% of GDP)
In , Equatorial Guinea's Trade (% of GDP) was 60.54.
That's down 1.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Equatorial Guinea ranks #108 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #19 of 39.
Source: World Bank Open Data (NE.TRD.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
- 144.67
- Trough
- 60.54
- 1-year change
- -1.5%
- 5-year change
- -36.2%
- -8.6% / yr
- 10-year change
- -42.0%
- -5.3% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 60.5415 | |
| 61.4433 | |
| 81.8130 | |
| 76.9666 | |
| 77.9279 | |
| 94.8788 | |
| 103.6457 | |
| 102.4283 | |
| 92.6007 | |
| 98.8781 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Equatorial Guinea's Trade (% of GDP) in 2024?
- In 2024, Equatorial Guinea's Trade (% of GDP) was 60.54, according to World Bank Open Data.
- Is Equatorial Guinea's Trade (% of GDP) rising or falling?
- Equatorial Guinea's Trade (% of GDP) fell 1.5% from 2023 to 2024.
- How does Equatorial Guinea rank globally on Trade (% of GDP)?
- In 2024, Equatorial Guinea ranked #108 out of 160 countries reporting Trade (% of GDP).
- How does Equatorial Guinea's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Equatorial Guinea is below the world average. Within Sub-Saharan Africa, it ranks #19 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS), CC BY 4.0.