Equatorial Guinea: economy

What is the inflation rate in Equatorial Guinea?

Consumer prices in Equatorial Guinea were 3.2% higher in June 2026 than a year earlier, according to the BEAC's note on recent inflation for the second quarter of 2026. Average inflation over the 12 months to June was 2.3%. The central bank forecast 3.3% for September 2026.

Inflation across the six-country CEMAC zone was 2.3% in June 2026, against a regional ceiling of 3%. The BEAC says a rise in pump prices in Equatorial Guinea in June 2026 could add to price growth, and notes that the country has no working refinery and imports all its fuel. Equatorial Guinea contributed 13.0 points of the regional inflation rate.

Official sources: BEAC: Recent inflation in CEMAC, second quarter 2026 (PDF, French)

What is the central bank interest rate in Equatorial Guinea?

The BEAC's main policy rate (TIAO) was 4.5% at the end of 2025, according to the BEAC's Monetary Policy Committee dashboard for September 2026. The dashboard's base scenario puts it at 4.8% at the end of 2026 and keeps it there to 2030.

Equatorial Guinea uses the Central African CFA franc and shares its policy rate with Cameroon, the Central African Republic, Chad, Congo and Gabon. The rate was 5.0% at the end of 2023 and 2024. The TIAO is the rate at which the BEAC lends to banks in its liquidity tenders.

Official sources: BEAC: Monetary Policy Committee dashboard, September 2026 (PDF, French)

Is Equatorial Guinea's economy growing?

Equatorial Guinea's real GDP shrank by 3.2% in 2025, according to the BEAC's September 2026 dashboard, and the central bank's base scenario has a further fall of 3.5% in 2026. The World Bank records a 5.8% contraction in 2025, and the IMF projects -1.7% for 2026.

In the BEAC's figures, the economy has shrunk in four of the six years from 2020 to 2025. Its base scenario returns to growth of 0.6% in 2029. Nominal GDP was 7,405.5 billion CFA francs in 2025.

Official sources: BEAC: Monetary Policy Committee dashboard, September 2026 (PDF, French) · World Bank: GDP growth, Equatorial Guinea · IMF: Real GDP growth, Equatorial Guinea

How much of Equatorial Guinea's economy depends on oil?

Oil-sector output in Equatorial Guinea fell by 18.7% in 2025 while the non-oil economy shrank by 0.9%, according to the BEAC's September 2026 dashboard. Oil revenue was 11.7% of GDP in 2025, against 2.3% for all other government revenue.

The BEAC's base scenario has oil output falling every year to 2030, including 13.5% in 2026 and 23.7% in 2027. The oil sector's output has fallen in every year since 2020 in these figures. Non-oil GDP was 6,666.8 billion CFA francs in 2025, out of total GDP of 7,405.5 billion. On these figures the non-oil economy made up about 90% of GDP in 2025, while oil supplied about 83% of government revenue.

Official sources: BEAC: Monetary Policy Committee dashboard, September 2026 (PDF, French)

What is Equatorial Guinea's GDP per capita?

Equatorial Guinea's GDP per capita was US$6,615 in 2025, according to the World Bank, down from US$7,004 in 2024 and US$7,589 in 2022. The BEAC estimates US$7,451 for 2025.

GDP per capita divides the value of everything produced in the country by its population, converted to US dollars. It is not the same as household income. The World Bank counts 1.94 million people in 2025. The BEAC dashboard uses 1.7 million and a population growth rate of 3.4% a year.

Official sources: World Bank: GDP per capita, Equatorial Guinea · BEAC: Monetary Policy Committee dashboard, September 2026 (PDF, French) · World Bank: Population, Equatorial Guinea

What are Equatorial Guinea's exports worth?

The value of Equatorial Guinea's goods exports fell by 22.3% in 2025, according to the BEAC's September 2026 dashboard. Exports of goods and services were 20.1% of GDP in 2025, down from 48.3% in 2022.

Export prices fell 4.5% in 2025 in the BEAC's figures. The current account, which also counts income and transfers, showed a surplus of 5.1% of GDP in 2025. The base scenario has export values rising 1.3% in 2026 and falling 29.2% in 2027. External reserves covered 5.8 months of imports at the end of 2025.

Official sources: BEAC: Monetary Policy Committee dashboard, September 2026 (PDF, French)

Is Equatorial Guinea's economy growing?

-5.8%: that is real GDP growth in Equatorial Guinea for 2025, according to the World Bank. Its high point since 2005 was 2008, at 17.8%; its low point was 2015, at -9.1%. Across Sub-Saharan Africa the middle value was 4.6%, and Equatorial Guinea placed 46th highest of 46. Worldwide: 180th of 180.

What is GDP per capita in Equatorial Guinea?

The World Bank puts GDP per person in Equatorial Guinea at $6,615 in 2025. Since 2005 it has ranged from $5,764 (2020) to $18,211 (2008). Across Sub-Saharan Africa the middle value was $1,351, and Equatorial Guinea placed 5th highest of 46. Worldwide: 97th of 180.

How does Equatorial Guinea's income per person compare after prices?

$16,133 in international dollars: that is GDP per person at purchasing power parity in Equatorial Guinea for 2025, according to the World Bank. Its high point since 2005 was 2008, at $30,523 in international dollars; its low point was 2020, at $13,677 in international dollars. Sub-Saharan Africa median: $4,425 in international dollars; Equatorial Guinea is 5th highest of 46. World rank, highest first: 103rd of 179.

What share of Equatorial Guinea's economy is exports?

The latest figure from the World Bank, for 2025, is 46.5% of GDP. The peak was 89.2% of GDP in 2008 and the low 37.8% of GDP in 2023. Across Sub-Saharan Africa the middle value was 26.1% of GDP, and Equatorial Guinea placed 6th highest of 38. Of 133 countries with 2025 data, 42nd highest.

What is FDI in Equatorial Guinea?

The latest figure from the IMF, for 2025, is 2.3% of GDP. Its high point since 2005 was 2010, at 16.8% of GDP; its low point was 2008, at -4.0% of GDP. Sub-Saharan Africa median: 2.0% of GDP; Equatorial Guinea is 21st highest of 46. World rank, highest first: 82nd of 179.