Government consumption in Equatorial Guinea
Equatorial Guinea: Government consumption was 118.59 billion current LCU in 2005. ◆ Volatile
Government consumption in Equatorial Guinea, 1994–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
Equatorial Guinea recorded 118.59 billion current LCU for government consumption in 2005. That is the highest value across all 12 years on record.
The figure is up 45.8% on the previous year and up 1,266.7% over ten years.
Over the whole period, government consumption in Equatorial Guinea peaked at 118.59 billion current LCU in 2005 and was at its lowest, 6.94 billion current LCU, in 1994.
That places Equatorial Guinea 29th out of 51 countries with data for 2005, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government consumption in Equatorial Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 6.94 billion current LCU | — |
| 1995 | 8.68 billion current LCU | +25.1% |
| 1996 | 13.54 billion current LCU | +56.0% |
| 1997 | 22.05 billion current LCU | +62.9% |
| 1998 | 22.05 billion current LCU | -0.0% |
| 1999 | 35.60 billion current LCU | +61.5% |
| 2000 | 43.84 billion current LCU | +23.1% |
| 2001 | 41.43 billion current LCU | -5.5% |
| 2002 | 76.90 billion current LCU | +85.6% |
| 2003 | 77.20 billion current LCU | +0.4% |
| 2004 | 81.35 billion current LCU | +5.4% |
| 2005 | 118.59 billion current LCU | +45.8% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 118.59 billion current LCU is above the median for upper middle income countries, which is 118.59 billion current LCU, 1.0× the median. (7 countries reporting)
- Equatorial Guinea's 118.59 billion current LCU is below the median for Sub-Saharan Africa, which is 144.70 billion current LCU, 82% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.14 billion current LCU | 6.94 billion current LCU | 35.60 billion current LCU | 6 |
| 2000s | 73.22 billion current LCU | 41.43 billion current LCU | 118.59 billion current LCU | 6 |
Countries ranked near Equatorial Guinea
More science & technology data for Equatorial Guinea
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2022)
- Mobile landline subscriptions, gaps filled 49.54 (2022)
- Mobile cellular subscriptions by country, per capita 0.4954 units per person (2022)
- Mobile cellular subscriptions by country, per unit of GDP 0.0001 units per US$ of GDP (2022)
- Mobile cellular subscriptions by country, gaps filled 893,441 (2022)
- Mobile cellular subscriptions by country, per square kilometre 31.85 units per square kilometre (2022)
- Mobile landline subscriptions, annual growth rate 6.68 % change on previous year (2022)
- Mobile cellular subscriptions by country, annual growth rate 9.4 % change on previous year (2022)
- Scientific and technical journal articles 3.44 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is government consumption in Equatorial Guinea?
- Government consumption in Equatorial Guinea was 118.59 billion current LCU in 2005, according to World Bank country economists.
- What is the highest government consumption recorded in Equatorial Guinea?
- The highest recorded value was 118.59 billion current LCU in 2005.
- What is the lowest government consumption recorded in Equatorial Guinea?
- The lowest recorded value was 6.94 billion current LCU in 1994.
- How does Equatorial Guinea rank for government consumption?
- Equatorial Guinea ranks 29th out of 51 countries with data for 2005.
- Is government consumption rising or falling in Equatorial Guinea?
- Over the last ten years it is up 1,266.7%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from World Bank country economists, published as part of Government consumption (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Current expenditure on goods and services comprises payments of wages and salaries in cash to employees (including the armed forces) before deduction of withholding taxes and employees' contributions to social security and pension funds, as well as employers' contributions to superannuation schemes outside government, and other purchases of goods and services (wages and salaries in kind, office supplies and maintenance charges etc.). Data are in current local currency.