National Savings: Equatorial Guinea

Analysis# Equatorial Guinea National Savings Equatorial Guinea's national savings reached 25.083% of GDP in 2026, representing a substantial 40.6% increase from 2004 levels. The country's savings rate peaked at 48.11% in 2006, driven by oil revenue surges, but collapsed to just 2.915% in 2016 following the global commodity downturn. Current savings remain well above the 2016 trough yet fall significantly short of the 2006 peak, reflecting the lingering effects of economic volatility tied to petroleum dependence. The period from 2016 to 2021 marked a dramatic recovery, with savings climbing from the historic low to 34.584% in 2021. Since then, the rate has stabilized in the mid-20% range, fluctuating between 21.355% and 28.06%. The 2026 projection suggests continued stability rather than further growth, indicating Equatorial Guinea has settled into a new equilibrium considerably higher than the crisis years but substantially below its pre-2008 commodity boom levels.