National Debt (% of GDP): Equatorial Guinea

Analysis# Equatorial Guinea National Debt (% of GDP) Equatorial Guinea's national debt stood at 38.1% of GDP in 2026, reflecting substantial fiscal improvement over four decades. The country's debt burden has plummeted 73.9% since 1980, when it began at the nation's all-time peak of 260.7% in 1982. The 2008 low of 0.5% marked the strongest fiscal position in the recorded period, demonstrating the potential for debt reduction through disciplined management. Recent volatility reveals underlying economic pressures. Debt surged from 36.2% in 2017 to a near-decade high of 49.4% in 2020, likely reflecting pandemic-related fiscal stress. A sharp contraction to 29.8% in 2022 suggests successful debt reduction efforts, though the subsequent rise to 38.1% by 2026 indicates renewed pressure. Current projections show stabilization around the mid-to-high 30s, suggesting moderate debt management moving forward.