Government Expenditure: Equatorial Guinea
Equatorial Guinea's government expenditure is currently 18.307 % of GDP as of 2026. # Equatorial Guinea Government Expenditure Government expenditure in Equatorial Guinea currently stands at 18.
Current (2026)
18.307 % of GDP
-4.5% y/y
Peak (2015)
41.571 % of GDP
Low (2021)
12.715 % of GDP
Source
IMF World Economic Outlook
2004–2026 · 23 pts
Government Expenditure — Equatorial Guinea
2004 — 2026
Government Expenditure — Equatorial Guinea
Analysis# Equatorial Guinea Government Expenditure
Government expenditure in Equatorial Guinea currently stands at 18.307% of GDP in 2026, reflecting a significant recovery from the historic low of 12.715% reached in 2021. The country's spending remains well below its all-time peak of 41.571% in 2015, when oil revenues were substantially higher. Since 2004, government expenditure has increased by 18.2%, though the path has been marked by substantial volatility tied to commodity price fluctuations.
The most dramatic shift occurred between 2015 and 2021, when expenditure collapsed by nearly 29 percentage points as oil prices plummeted. Since hitting bottom in 2021, spending has rebounded steadily, climbing from 12.715% to 18.307% by 2026. Recent years show relative stabilization around 18-19% of GDP, suggesting the government has adjusted to more sustainable spending levels consistent with lower oil revenues.
Historical Data
23 Rows| Year | Value | Change % |
|---|---|---|
| 2026 | 18.307 % of GDP | -4.51% |
| 2025 | 19.171 % of GDP | +3.81% |
| 2024 | 18.468 % of GDP | -4.02% |
| 2023 | 19.242 % of GDP | +30.14% |
| 2022 | 14.786 % of GDP | +16.29% |
| 2021 | 12.715 % of GDP | -21.35% |
| 2020 | 16.166 % of GDP | -3.77% |
| 2019 | 16.799 % of GDP | -11.83% |
| 2018 | 19.053 % of GDP | -5.07% |
| 2017 | 20.07 % of GDP | -27.85% |
| 2016 | 27.818 % of GDP | -33.08% |
| 2015 | 41.571 % of GDP | +31.56% |
| 2014 | 31.598 % of GDP | +7.94% |
| 2013 | 29.274 % of GDP | -16.84% |
| 2012 | 35.2 % of GDP | +28.03% |
| 2011 | 27.493 % of GDP | -11.82% |
| 2010 | 31.179 % of GDP | -21.75% |
| 2009 | 39.847 % of GDP | +100.31% |
| 2008 | 19.893 % of GDP | +1.04% |
| 2007 | 19.689 % of GDP | +8.82% |
Show all 23 rows
| Year | Value | Change % |
|---|---|---|
| 2006 | 18.093 % of GDP | +28.12% |
| 2005 | 14.122 % of GDP | -8.82% |
| 2004 | 15.488 % of GDP | — |
Related Data
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For Equatorial Guinea
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