Statistical data (Equatorial Guinea)
Statistical data (Equatorial Guinea)
Economic Indicators
2020(a) |
2021(a) |
2022(b) |
2023(b) |
|
Population (million) |
1.4 |
1.5 |
1.5 |
1.5 |
GDP (US$ million) |
10,099 |
12,269 |
16,877 |
15,576 |
Real GDP Growth Rate (%) |
-4.2 |
-3.2 |
5.8 |
-3.1 |
Total Export of Goods (US$ million) |
2,825.0 |
4,693.9 |
4,291.6 |
3,331.7 |
Total Import of Goods (US$ million) |
887.0 |
814.5 |
635.0 |
563.9 |
Total Export of Services (US$ million) |
529(c) |
554(c) |
– |
– |
Total Import of Services (US$ million) |
1,262(c) |
1,812(c) |
– |
– |
Consumer Price Index (%) |
4.8 |
-0.1 |
5.1 |
5.7 |
Current Account Balance (US$ million) |
-419 |
-420 |
-269 |
-327 |
Exchange Rate (Central African Franc CFA: USD, Period Average) |
575.6 |
554.5 |
623.8 |
662.6 |
Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF); (c) estimated value of UNCTAD, WTO and ITC
Source: International Monetary Fund (IMF), International Trade Center (ITC)
Main export and import goods destinations
Main export destinations (2021) |
Proportion in total value of exports goods (%) |
China |
24.1 |
India |
17.1 |
Spain |
16.0 |
Korea |
7.3 |
Others |
35.5 |
Main import origins (2021) |
Proportion in total value of imports goods (%) |
Spain |
24.7 |
China |
15.9 |
United States |
6.6 |
United Kingdom |
5.6 |
Others |
47.2 |
Source: International Monetary Fund (IMF)
Major import and export goods
Major export goods (2021) |
Proportion in total value of exports goods (%) |
Fossil fuels, mineral oil and its distilled products; bituminous substances; mineral wax |
89.9 |
Organic chemicals |
7.5 |
Wood and articles of wood; wood charcoal |
2.0 |
Others |
0.6 |
Major import goods (2021) |
Proportion in total value of imports goods (%) |
Vessels and other floating structures for breaking up |
23.6 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
11.2 |
Beverages, spirits and vinegar |
7.0 |
Meat and edible meat offal |
5.9 |
Others |
52.3 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
Main Exports of Services (2021) |
Proportion of Total Value Exports of Services (%) |
Transport |
6.6 |
Government goods and services n.i.e. |
6.2 |
Telecommunication, computer and information services |
1.2 |
Other |
86.0 |
Main Import of Services (2021) |
Proportion of Total Value Imports of Services (%) |
Transport |
52.6 |
Construction |
11.2 |
Insurance and pension services |
10.6 |
Other |
25.6 |
Remarks:The above content is based on estimated value of UNCTAD, WTO and ITC.
Source:International Trade Centre (ITC)
Bilateral Trade Statistics between Mainland China and Equatorial Guinea (US$ ten thousands)
Year |
Total trade |
Total exports value* |
Total imports value** |
2022 |
1,747,111 |
230,727 |
1,516,384 |
2021 |
1,336,938 |
123,993 |
1,212,945 |
2020 |
1,276,382 |
122,097 |
1,154,284 |
2019 |
1,836,279 |
113,215 |
1,723,064 |
2018 |
2,290,408 |
145,146 |
2,145,261 |
Remarks: *Value of goods exported to Equatorial Guinea from Mainland China; **Value of goods imported from Equatorial Guinea to Mainland China
Source: General Administration of Customs of the People’s Republic of China
Sources:
- Ministry of Foreign Affairs of the People’s Republic of China
- “Country (region) guide for foreign investment co-operation (Equatorial Guinea)” by the Ministry of Commerce the People’s Republic of China
- “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- International Monetary Fund (IMF)
- International Trade Center (ITC)
- “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
- “Country Economic Forecast – Equatorial Guinea (Nov 2022)” by Oxford Economics
Updated in June 2023.