Statistical data (Equatorial Guinea)

Statistical data (Equatorial Guinea)

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.