Equatorial Guinea GDP Growth Rate (2026)
Equatorial Guinea has a small Central African economy heavily dependent on oil and natural gas, alongside services and public-sector activity. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
-2.7%
Annual real GDP growth
World Rank
#190
Out of 195 countries
Change vs 2025
+3.7 pp
2025: -6.4%
Africa Rank
#54
Out of 54 countries
1. Equatorial Guinea GDP Growth Rate in 2026
Economic growth is strongly influenced by hydrocarbon production, energy prices, government spending, and investment. Declining mature fields remain an important challenge.
2. Equatorial Guinea GDP Growth Rate Trends (1980–2026)
The country’s growth history has been dominated by the rapid development of oil and gas resources, followed by weaker performance as production matured. Energy remains central to national output.
3. Equatorial Guinea GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | -2.7% | +3.7 pp |
| 2025 | -6.4% | -7.3 pp |
| 2024 | +0.9% | +6.0 pp |
| 2023 | -5.1% | -8.3 pp |
| 2022 | +3.2% | +2.3 pp |
| 2021 | +0.9% | +5.7 pp |
| 2020 | -4.8% | +0.7 pp |
| 2019 | -5.5% | +0.7 pp |
| 2018 | -6.2% | -0.5 pp |
| 2017 | -5.7% | +3.1 pp |
| 2016 | -8.8% | +0.3 pp |
| 2015 | -9.1% | -9.5 pp |
| 2014 | +0.4% | +4.5 pp |
| 2013 | -4.1% | -12.4 pp |
| 2012 | +8.3% | +1.8 pp |
| 2011 | +6.5% | +15.4 pp |
| 2010 | -8.9% | -10.2 pp |
| 2009 | +1.3% | -16.5 pp |
| 2008 | +17.8% | +2.5 pp |
| 2007 | +15.3% | +8.8 pp |
| 2006 | +6.5% | -1.7 pp |
| 2005 | +8.2% | -22.2 pp |
| 2004 | +30.4% | +15.9 pp |
| 2003 | +14.5% | -5.1 pp |
| 2002 | +19.6% | -40.4 pp |
| 2001 | +60.0% | -50.5 pp |
| 2000 | +110.5% | +84.1 pp |
| 1999 | +26.4% | +1.6 pp |
| 1998 | +24.8% | -123.2 pp |
| 1997 | +148.0% | +95.3 pp |
| 1996 | +52.7% | +26.2 pp |
| 1995 | +26.5% | +9.7 pp |
| 1994 | +16.8% | +6.3 pp |
| 1993 | +10.5% | -22.5 pp |
| 1992 | +33.0% | +34.2 pp |
| 1991 | -1.2% | -3.7 pp |
| 1990 | +2.5% | +3.7 pp |
| 1989 | -1.2% | -3.9 pp |
| 1988 | +2.7% | -1.7 pp |
| 1987 | +4.4% | +6.7 pp |
| 1986 | -2.3% | -15.2 pp |
| 1985 | +12.9% | +11.9 pp |
| 1984 | +1.0% | -4.0 pp |
| 1983 | +5.0% | +2.8 pp |
| 1982 | +2.2% | -3.6 pp |
| 1981 | +5.8% | +1.0 pp |
| 1980 | +4.8% | — |
4. Equatorial Guinea GDP Growth Performance
Current Growth Rate
-2.7%
(2026 to 2026)
5-Year Average
-2.0%
(2022 to 2026)
10-Year Average
-3.1%
(2017 to 2026)
20-Year Average
-0.6%
(2007 to 2026)
The economy benefits from substantial hydrocarbon wealth, but limited diversification and declining production constrain broader growth opportunities.
5. Equatorial Guinea GDP Growth Rate vs Africa and World
Equatorial Guinea
-2.7%
Africa Average
+4.1%
World Average
+2.8%
-2.7%
0.7%
4.1%
Annual real GDP growth (%)
Equatorial Guinea’s GDP growth rate is approximately
6.8 pp
below the
Africa average
and
5.5 pp
below the world average.
6. Equatorial Guinea GDP Growth Rate Ranking in Africa
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #46 | Malawi | +2.2% |
| #47 | Senegal | +2.2% |
| #48 | Tunisia | +2.1% |
| #49 | Seychelles | +1.5% |
| #50 | Lesotho | +1.1% |
| #51 | South Africa | +1.1% |
| #52 | Sudan | +0.7% |
| #53 | Mozambique | +0.5% |
| #54 | Equatorial Guinea | -2.7% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Equatorial Guinea
Equatorial Guinea GDP (Nominal)
$13.7 Billion
(2026)
Equatorial Guinea GDP Growth Rate
-2.7%
(2026)
Equatorial Guinea’s performance can vary sharply from regional averages because changes in oil and gas output have an outsized effect on the economy.
Explore more:
Equatorial Guinea GDP
9. Equatorial Guinea GDP Growth Rate Forecast
The outlook depends on energy production, new investment, fiscal management, and diversification. Declining hydrocarbon output remains a major long-term risk.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | -1.3% | +1.4 pp |
| 2028 | +1.1% | +2.4 pp |
| 2029 | +2.1% | +1.0 pp |
| 2030 | +2.4% | +0.3 pp |
10. Equatorial Guinea GDP Growth Rate: Key Findings
Equatorial Guinea GDP growth rate is estimated at -2.7% in 2026.
It ranks #190 globally and #54 in Africa by annual GDP growth rate.
The growth rate accelerated by 3.7 percentage points compared with 2025.
The 5-year average GDP growth rate is -2.0%.
The 10-year average GDP growth rate is -3.1%.
The current rate is 6.8 percentage points below the Africa average.
The current rate is 5.5 percentage points below the world average.
The forecast GDP growth rate is +2.4% in 2030, 5.1 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Equatorial Guinea GDP Growth Rate FAQs
Equatorial Guinea GDP growth rate is estimated at -2.7% in 2026.
Equatorial Guinea ranks #190 globally and #54 in Africa by annual GDP growth rate.
The economy is contracting, with real GDP growth of approximately -2.7% in 2026.
Equatorial Guinea GDP growth rate was -9.1% in 2015.
Equatorial Guinea GDP growth rate is 6.8 percentage points below the Africa average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.