Equatorial Guinea: cost of living

Is the cost of living rising in Equatorial Guinea?

Consumer prices in Equatorial Guinea rose 3.2% in the year to June 2026, according to the BEAC's inflation note for the second quarter of 2026, up from 2.2% in December 2025. Average annual inflation was 3.4% in 2024 and 2.3% in 2025, according to the BEAC's dashboard.

The BEAC notes that pump prices were raised in Equatorial Guinea in June 2026 and that the country imports all its fuel. Its forecasts put annual inflation at 3.3% in September 2026, and its base scenario has average inflation of 3.0% for 2026. The inflation rate shows how fast prices change, not how high they are.

Official sources: BEAC: Recent inflation in CEMAC, second quarter 2026 (PDF, French) · BEAC: Monetary Policy Committee dashboard, September 2026 (PDF, French)

What is the poverty rate in Equatorial Guinea?

About 8.8% of people in Equatorial Guinea lived on less than US$3.00 a day in 2022, according to the World Bank, using 2021 purchasing power parity prices. This is the only year shown for this measure.

The US$3.00 line is the World Bank's international extreme poverty line, adjusted for differences in prices between countries. National poverty lines, which are usually higher, were not available from INEGE, whose website showed only a bot-check page on 15 October 2026. GDP per capita was US$6,615 in 2025, according to the World Bank, but this measures output rather than household income.

Official sources: World Bank: Poverty headcount at US$3.00 a day, Equatorial Guinea (data API, JSON) · World Bank: GDP per capita, Equatorial Guinea

How fast are prices rising in Equatorial Guinea?

2.9%: that is consumer price inflation in Equatorial Guinea for 2024, according to the IMF. The peak was 7.8% in 2010 and the low -0.1% in 2021. It is 32nd highest of 42 in Sub-Saharan Africa, where the median is 4.3%. World rank, highest first: 92nd of 172.

How much do households in Equatorial Guinea spend per person?

According to the World Bank, household consumption per person in Equatorial Guinea was $3,151 in 2025. The peak was $3,612 in 2013 and the low $1,748 in 2005. Sub-Saharan Africa median: $840; Equatorial Guinea is 6th highest of 37. Worldwide: 73rd of 124.

What is the extreme poverty rate in Equatorial Guinea?

In 2022, the share of people living on less than $3.00 a day in Equatorial Guinea was 8.8%, according to the World Bank. Sub-Saharan Africa median: 41.8%; Equatorial Guinea is 7th highest of 7. Of 72 countries with 2022 data, 10th highest.

How many people in Equatorial Guinea are poor?

50.7%: that is the share of people below the national poverty line in Equatorial Guinea for 2022, according to the World Bank. It is 5th highest of 8 in Sub-Saharan Africa, where the median is 53.0%. World rank, highest first: 5th of 52.

What is income inequality in Equatorial Guinea?

38.5: that is the Gini index in Equatorial Guinea for 2022, according to the World Bank. Sub-Saharan Africa median: 38.5; Equatorial Guinea is 4th highest of 7. Worldwide: 20th of 72.