Primary balance, excluding interest in Equatorial Guinea
Equatorial Guinea: Primary balance, excluding interest was -456.10 billion current LCU in 2009. ◆ Volatile
Primary balance, excluding interest in Equatorial Guinea, 1994–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
Equatorial Guinea recorded -456.10 billion current LCU for primary balance, excluding interest in 2009. That is the lowest value across all 15 years on record.
The figure is down 135.9% on the previous year and down 6,438.2% over ten years.
Over the whole period, primary balance, excluding interest in Equatorial Guinea peaked at 1.27 trillion current LCU in 2008 and was at its lowest, -456.10 billion current LCU, in 2009.
Equatorial Guinea ranks 43rd of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary balance, excluding interest in Equatorial Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | -1.95 billion current LCU | — |
| 1995 | 210.55 million current LCU | -110.8% |
| 1996 | 5.42 billion current LCU | +2472.2% |
| 1997 | 16.35 billion current LCU | +201.8% |
| 1998 | 4.92 billion current LCU | -69.9% |
| 1999 | 7.20 billion current LCU | +46.4% |
| 2000 | 53.36 billion current LCU | +641.5% |
| 2001 | 197.29 billion current LCU | +269.7% |
| 2002 | 191.17 billion current LCU | -3.1% |
| 2003 | 204.15 billion current LCU | +6.8% |
| 2004 | 326.08 billion current LCU | +59.7% |
| 2005 | 781.83 billion current LCU | +139.8% |
| 2007 | 1.17 trillion current LCU | +49.1% |
| 2008 | 1.27 trillion current LCU | +9.0% |
| 2009 | -456.10 billion current LCU | -135.9% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's -456.10 billion current LCU is below the median for upper middle income countries, which is -6.26 billion current LCU, 72.9× the median. (7 countries reporting)
- Equatorial Guinea's -456.10 billion current LCU is below the median for Sub-Saharan Africa, which is -6.36 billion current LCU, 71.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Primary balance, excluding interest 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 |
|---|---|---|---|
| 1996 | +2472.2% | 210.55 million current LCU | 5.42 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.36 billion current LCU | -1.95 billion current LCU | 16.35 billion current LCU | 6 |
| 2000s | 414.97 billion current LCU | -456.10 billion current LCU | 1.27 trillion current LCU | 9 |
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 primary balance, excluding interest in Equatorial Guinea?
- Primary balance, excluding interest in Equatorial Guinea was -456.10 billion current LCU in 2009, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Equatorial Guinea?
- The highest recorded value was 1.27 trillion current LCU in 2008.
- What is the lowest primary balance, excluding interest recorded in Equatorial Guinea?
- The lowest recorded value was -456.10 billion current LCU in 2009.
- How does Equatorial Guinea rank for primary balance, excluding interest?
- Equatorial Guinea ranks 43rd out of 50 countries with data for 2009.
- Is primary balance, excluding interest rising or falling in Equatorial Guinea?
- Over the last ten years it is down 6,438.2%. 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 Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
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About this data
Primary deficit, excluding interest (current LCU).