Main Economic Indicators of recent three years
2021 | 2022 | 2023 | |
Population (million) | 1.45 | 1.50 | 1.54 |
GDP (US$ billion) | 12.27 | 11.77 | 10.28 |
Real GDP Growth Rate | -0.4 | 3.2 | -5.9 |
Total Export of Goods (US$ million) | 5,700 | 7,500 | 5,200 |
Total Import of Goods (US$ million) | 1,746 | 2,988 | 3,100 |
Total Export of Services (US$ million) | – | – | – |
Total Import of Services (US$ million) | – | – | – |
Inflation measured by the Consumer Price Index (Annual Inflation rate%) | -0.1 | 4.9 | 2.5 |
Current Account Balance (US$ billion) | 0.514 | 0.287 | -0.138 |
Source: International Monetary Fund (IMF)
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)
Statistics on the Trade of Goods between Mainland China and Equatorial Guinea of recent three years (US$ thousands)
| Year | Total trade | Total exports value | Total imports value |
2023 | 1,565,566 | 201,846 | 1,363,719 |
2022 | 1,747,111 | 230,727 | 1,516,384 |
2021 | 1,336,938 | 123,993 | 1,212,945 |
Remarks: “Exports” refers of goods exported to Equatorial Guinea from Mainland China; “Imports” refers of goods imported from Equatorial Guinea to Mainland China
Source: General Administration of Customs of the People’s Republic of China
Source of Data:
- 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
- “2022 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)
- World Trade Organization (WTO)
- International Trade Center (ITC)
- “2023 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
Updated in June 2024.
