Imports of goods and services, Percent of GDP (Balance of Payments) in Equatorial Guinea
Equatorial Guinea: Imports of goods and services, Percent of GDP (Balance of Payments) was 14.62 in 2027. ▼ Falling
Imports of goods and services, Percent of GDP (Balance of Payments) in Equatorial Guinea, 2007–2027
Source: International Monetary Fund.
Analysis
In 2027, imports of goods and services, percent of gdp (balance of payments) in Equatorial Guinea stood at 14.62.
That represents a change of down 5.1% on the previous year and down 64.6% over ten years.
Over the whole period, imports of goods and services, percent of gdp (balance of payments) in Equatorial Guinea peaked at 58.91 in 2010 and was at its lowest, 14, in 2022.
That places Equatorial Guinea 45th out of 45 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Imports of goods and services, Percent of GDP (Balance of Payments) in Equatorial Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 45.46 | — |
| 2008 | 39.46 | -13.2% |
| 2009 | 47.87 | +21.3% |
| 2010 | 58.91 | +23.1% |
| 2011 | 43.36 | -26.4% |
| 2012 | 41.32 | -4.7% |
| 2013 | 41.93 | +1.5% |
| 2014 | 41.59 | -0.8% |
| 2015 | 44.27 | +6.4% |
| 2016 | 42.76 | -3.4% |
| 2017 | 41.27 | -3.5% |
| 2018 | 34.23 | -17.1% |
| 2019 | 32.91 | -3.9% |
| 2020 | 26.57 | -19.3% |
| 2021 | 19.65 | -26.1% |
| 2022 | 14 | -28.8% |
| 2023 | 19.39 | +38.5% |
| 2024 | 17.29 | -10.9% |
| 2025 | 16.79 | -2.9% |
| 2026 | 15.41 | -8.2% |
| 2027 | 14.62 | -5.1% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 14.62 is below the median for Sub-Saharan Africa, which is 31.7, 46% of the median. (45 countries reporting)
- Equatorial Guinea's 14.62 is below the median for upper middle income countries, which is 37.69, 39% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.27 | 39.46 | 47.87 | 3 |
| 2010s | 42.26 | 32.91 | 58.91 | 10 |
| 2020s | 17.96 | 14 | 26.57 | 8 |
Countries ranked near Equatorial Guinea
More trade data for Equatorial Guinea
- Extensive Margin, Theil index 0.39 (2014)
- Export Diversification, Theil index 5.65 (2014)
- Intensive Margin, Theil index 5.26 (2014)
- Import quality, Mean, US dollar 0.7508 (2014)
- Import unit values, Mean, US dollar 0.7976 (2014)
- Export quality index 0.5799 (2014)
- Export quality, 95 percent interval - lower bound, Percent 0.6056 (2014)
- Export quality, 95 percent interval - upper bound, Percent 1.06 (2014)
- Export unit values, 95 percent interval - lower bound, Percent 1.01 (2014)
- Export unit values, 95 percent interval - upper bound, Percent 0.5872 (2014)
Frequently asked questions
- What is imports of goods and services, percent of gdp (balance of payments) in Equatorial Guinea?
- Imports of goods and services, percent of gdp (balance of payments) in Equatorial Guinea was 14.62 in 2027, according to International Monetary Fund.
- What is the highest imports of goods and services, percent of gdp (balance of payments) recorded in Equatorial Guinea?
- The highest recorded value was 58.91 in 2010.
- What is the lowest imports of goods and services, percent of gdp (balance of payments) recorded in Equatorial Guinea?
- The lowest recorded value was 14 in 2022.
- How does Equatorial Guinea rank for imports of goods and services, percent of gdp (balance of payments)?
- Equatorial Guinea ranks 45th out of 45 countries with data for 2027.
- Is imports of goods and services, percent of gdp (balance of payments) rising or falling in Equatorial Guinea?
- Over the last ten years it is down 64.6%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods and services, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.