Budget balance — all countries

Budget balance — Equatorial Guinea

Budget balance in Equatorial Guinea in 2031 — -2.2%. Ranked 88 in the world out of 188. Since 1980, the indicator has risen by 201.9 pp.

2031 -2.2% +0.3 pp vs 2030
World rank 88of 188
Period maximum 21.8%2006
Period minimum -557.5%1992

Trend over time

1980–2031 · % of GDP

Budget balance — Equatorial Guinea, 1980–2031-600-400-200020019801986199219982004201020162022202820311980: -204.1%1981: -174.9%1982: -184.9%1983: -154.6%1984: -114.4%1985: -89.3%1986: -97.3%1987: -158%1988: -208.5%1989: -76.2%1990: -160.2%1991: -236%1992: -557.5%1993: -217.9%1994: -487.3%1995: -123.4%1996: -6.4%1997: 3.2%1998: -7.7%1999: -0.2%2000: -2.7%2001: 14.9%2002: 17.6%2003: 10%2004: 9.2%2005: 18.5%2006: 21.8%2007: 17.2%2008: 14.6%2009: -6.5%2010: -4.5%2011: 0.8%2012: -7.2%2013: -4.4%2014: -7.5%2015: -15.1%2016: -10.9%2017: -2.6%2018: 0.5%2019: 1.8%2020: -1.8%2021: 2.7%2022: 11.7%2023: 2.4%2024: -0.6%2025: -2.5%2026: -1.7%2027: -3.7%2028: -3.9%2029: -3.5%2030: -2.5%2031: -2.2%
Change over the period: +201.9 pp Annual average: 3.96 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Equatorial Guinea

Equatorial Guinea -2.2%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Middle Africa computed -2.47%
Budget balance — Equatorial Guinea, by year Equatorial Guinea All countries CSV XLSX
Year % Change, pp
2031 -2.2 +0.3 pp
2030 -2.5 +1 pp
2029 -3.5 +0.4 pp
2028 -3.9 −0.2 pp
2027 -3.7 −2 pp
2026 -1.7 +0.8 pp
2025 -2.5 −1.9 pp
2024 -0.6 −3 pp
2023 2.4 −9.3 pp
2022 11.7 +9 pp
2021 2.7 +4.5 pp
2020 -1.8 −3.6 pp
2019 1.8 +1.3 pp
2018 0.5 +3.1 pp
2017 -2.6 +8.3 pp
2016 -10.9 +4.2 pp
2015 -15.1 −7.6 pp
2014 -7.5 −3.1 pp
2013 -4.4 +2.8 pp
2012 -7.2 −8 pp
2011 0.8 +5.3 pp
2010 -4.5 +2 pp
2009 -6.5 −21.1 pp
2008 14.6 −2.6 pp
2007 17.2 −4.6 pp
2006 21.8 +3.3 pp
2005 18.5 +9.3 pp
2004 9.2 −0.8 pp
2003 10 −7.6 pp
2002 17.6 +2.7 pp
2001 14.9 +17.6 pp
2000 -2.7 −2.5 pp
1999 -0.2 +7.5 pp
1998 -7.7 −10.9 pp
1997 3.2 +9.6 pp
1996 -6.4 +117 pp
1995 -123.4 +363.9 pp
1994 -487.3 −269.4 pp
1993 -217.9 +339.6 pp
1992 -557.5 −321.5 pp
1991 -236 −75.8 pp
1990 -160.2 −84 pp
1989 -76.2 +132.3 pp
1988 -208.5 −50.5 pp
1987 -158 −60.7 pp
1986 -97.3 −8 pp
1985 -89.3 +25.1 pp
1984 -114.4 +40.2 pp
1983 -154.6 +30.3 pp
1982 -184.9 −10 pp
1981 -174.9 +29.2 pp
1980 -204.1

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.