Overall budget balance, including grants in Equatorial Guinea
Equatorial Guinea: Overall budget balance, including grants was 55.50 billion current LCU in 2010. ◆ Volatile
Overall budget balance, including grants in Equatorial Guinea, 1994–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for overall budget balance, including grants in Equatorial Guinea is 55.50 billion current LCU, measured in 2010.
That represents a change of up 112.1% on the previous year and up 11.7% over ten years.
Over the whole period, overall budget balance, including grants in Equatorial Guinea peaked at 1.27 trillion current LCU in 2008 and was at its lowest, -459.50 billion current LCU, in 2009.
That places Equatorial Guinea 5th out of 51 countries with data for 2010, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Overall budget balance, including grants in Equatorial Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | -6.88 billion current LCU | — |
| 1995 | -6.73 billion current LCU | -2.2% |
| 1996 | -9.53 billion current LCU | +41.6% |
| 1997 | 2.34 billion current LCU | -124.5% |
| 1998 | -17.07 billion current LCU | -830.2% |
| 1999 | -1.39 billion current LCU | -91.9% |
| 2000 | 49.67 billion current LCU | -3676.1% |
| 2001 | 190.22 billion current LCU | +282.9% |
| 2002 | 187.25 billion current LCU | -1.6% |
| 2003 | 202.36 billion current LCU | +8.1% |
| 2004 | 324.36 billion current LCU | +60.3% |
| 2005 | 780.14 billion current LCU | +140.5% |
| 2007 | 1.17 trillion current LCU | +49.4% |
| 2008 | 1.27 trillion current LCU | +8.8% |
| 2009 | -459.50 billion current LCU | -136.2% |
| 2010 | 55.50 billion current LCU | -112.1% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 55.50 billion current LCU is above the median for upper middle income countries, which is -17,190 current LCU. (7 countries reporting)
- Equatorial Guinea's 55.50 billion current LCU is above the median for Sub-Saharan Africa, which is -21.76 billion current LCU. (46 countries reporting)
Biggest year-on-year movements
Years where Overall budget balance, including grants in Equatorial Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +3676.1% | -1.39 billion current LCU | 49.67 billion current LCU |
| 1998 | -830.2% | 2.34 billion current LCU | -17.07 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.54 billion current LCU | -17.07 billion current LCU | 2.34 billion current LCU | 6 |
| 2000s | 412.04 billion current LCU | -459.50 billion current LCU | 1.27 trillion current LCU | 9 |
| 2010s | 55.50 billion current LCU | 55.50 billion current LCU | 55.50 billion current LCU | 1 |
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 overall budget balance, including grants in Equatorial Guinea?
- Overall budget balance, including grants in Equatorial Guinea was 55.50 billion current LCU in 2010, according to World Bank country economists.
- What is the highest overall budget balance, including grants recorded in Equatorial Guinea?
- The highest recorded value was 1.27 trillion current LCU in 2008.
- What is the lowest overall budget balance, including grants recorded in Equatorial Guinea?
- The lowest recorded value was -459.50 billion current LCU in 2009.
- How does Equatorial Guinea rank for overall budget balance, including grants?
- Equatorial Guinea ranks 5th out of 51 countries with data for 2010.
- Is overall budget balance, including grants rising or falling in Equatorial Guinea?
- Over the last ten years it is up 11.7%. 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 Overall budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Overall budget deficit is current and capital revenue and official grants received, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.