Subsidies in Equatorial Guinea
Equatorial Guinea: Subsidies was 42.30 billion GFS, current LCU in 2005. ◆ Volatile
Subsidies in Equatorial Guinea, 1994–2005
Source: World Bank country economists. Measured in GFS, current LCU.
Analysis
Equatorial Guinea recorded 42.30 billion GFS, current LCU for subsidies in 2005. That is the highest value across all 12 years on record.
That represents a change of up 29.8% on the previous year and up 4,636.4% over ten years.
Over the whole period, subsidies in Equatorial Guinea peaked at 42.30 billion GFS, current LCU in 2005 and was at its lowest, 840.00 million GFS, current LCU, in 1994.
Equatorial Guinea ranks 15th of 47 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.71 billion GFS, current LCU | 840.00 million GFS, current LCU | 7.28 billion GFS, current LCU | 6 |
| 2000s | 22.94 billion GFS, current LCU | 12.17 billion GFS, current LCU | 42.30 billion GFS, current LCU | 6 |
Countries ranked near Equatorial Guinea
More science & technology data for Equatorial Guinea
- Scientific and technical journal articles 3.44 (2023)
- Mobile phone subscriptions 893,441 (2022)
- Mobile phone subscriptions per 100 people 49.54 per 100 people (2022)
- Mobile and landline phone subscriptions per 100 people 49.54 per 100 people (2022)
- Share of the population using the Internet 63.3% (2024)
- Number of people using the Internet 1.03 million users (2021)
- Landline Internet subscriptions per 100 people 0.1007 per 100 people (2022)
- Landline Internet subscriptions 1,816 (2022)
- Landline Internet subscriptions per 100 people, by download speed 0.1 per 100 population (2022)
- Net official development assistance to medical research and basic health sectors 770,000 millions of constant united states dollars (2023)
Frequently asked questions
- What is subsidies in Equatorial Guinea?
- Subsidies in Equatorial Guinea was 42.30 billion GFS, current LCU in 2005, according to World Bank country economists.
- What is the highest subsidies recorded in Equatorial Guinea?
- The highest recorded value was 42.30 billion GFS, current LCU in 2005.
- What is the lowest subsidies recorded in Equatorial Guinea?
- The lowest recorded value was 840.00 million GFS, current LCU in 1994.
- How does Equatorial Guinea rank for subsidies?
- Equatorial Guinea ranks 15th out of 47 countries with data for 2005.
- Is subsidies rising or falling in Equatorial Guinea?
- Over the last ten years it is up 4,636.4%. 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 Subsidies (GFS, 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
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.