The Gross Domestic Product (GDP) in Tanzania was worth 59 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Tanzania represents 0.05 percent of the world economy. GDP in Tanzania averaged 22.95 USD Billion from 1988 until 2019, reaching an all time high of 59 USD Billion in 2019 and a record low of 4.26 USD Billion in 1990. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Tanzania GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Tanzania was estimated at 55.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Tanzania had a population of 10.1 million people. The population of Tanzania represents 0.67 percent of the world´s total population which arguably means that one person in every 151 people on the planet is a resident of Tanzania. This page provides the latest reported value for - Tanzania Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Tanzania was last recorded at 7 percent. Interest Rate in Tanzania averaged 11.94 percent from 1972 until 2020, reaching an all time high of 67.50 percent in December of 1994 and a record low of 3.70 percent in October of 2009. In Tanzania, interest rates decisions are taken by the Bank of Tanzania. The Bank of Tanzania official interest rate is the discount rate. This page provides - Tanzania Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Tanzania increased 2.10 percent in January of 2020 over the same month in the previous year. Core Inflation Rate in Tanzania averaged 4.16 percent from 2011 until 2020, reaching an all time high of 9.20 percent in August of 2012 and a record low of 1.30 percent in December of 2017. This page provides - Tanzania Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Tanzania decreased to 102 points in the second quarter of 2019 from 103.16 points in the first quarter of 2019. Producer Prices in Tanzania averaged 87.77 points from 2013 until 2019, reaching an all time high of 103.16 points in the first quarter of 2019 and a record low of 76.21 points in the first quarter of 2013. This page provides - Tanzania Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Tanzania expanded 6.80 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Tanzania averaged 6.67 percent from 2002 until 2019, reaching an all time high of 11.90 percent in the first quarter of 2007 and a record low of 2.60 percent in the third quarter of 2009. Services is the biggest sector of Tanzania's economy and accounts for 40 percent of GDP, namely wholesale and retail trade (12 percent); public administration and defense (6 percent) and transport and storage (5 percent). The primary sector accounts for 30 percent of GDP, mainly due to crops production (18 percent). The industrial sector represents 28 percent of total wealth, namely manufacturing (6 percent) and mining and quarrying (5 percent) including natural gas, gold, diamonds, coal, iron ore, uranium, nickel, chrome, tin, platinum, coltan and niobium. This page provides - Tanzania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2019. Government Budget in Tanzania averaged -5.88 percent of GDP from 1998 until 2019, reaching an all time high of -1.70 percent of GDP in 1998 and a record low of -11.90 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Tanzania Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania recorded a government debt equivalent to 37.80 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Tanzania averaged 34.87 percent from 2001 until 2019, reaching an all time high of 50.20 percent in 2001 and a record low of 21.50 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Tanzania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Tanzania increased 1.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Tanzania averaged 0.85 percent from 1993 until 2020, reaching an all time high of 24.89 percent in April of 1994 and a record low of -2.88 percent in July of 2006. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Tanzania Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Tanzania increased 5.30 percent in March of 2020 over the same month in the previous year. Food Inflation in Tanzania averaged 9.17 percent from 2010 until 2020, reaching an all time high of 27.84 percent in January of 2012 and a record low of 0.10 percent in March of 2019. This page provides - Tanzania Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Tanzania decreased to 22360.60 USD Million in February from 22456.40 USD Million in January of 2020. External Debt in Tanzania averaged 15486.82 USD Million from 2011 until 2020, reaching an all time high of 22569.40 USD Million in October of 2019 and a record low of 2469.70 USD Million in December of 2011. This page provides - Tanzania External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Tanzania increased to 19904 TZS Billion in February from 19809.70 TZS Billion in January of 2020. Private Sector Credit in Tanzania averaged 12000.84 TZS Billion from 2009 until 2020, reaching an all time high of 19904 TZS Billion in February of 2020 and a record low of 4586.90 TZS Billion in February of 2009. This page provides - Tanzania Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Tanzania increased to 13.26 percent in February from 13.19 percent in January of 2020. Bank Lending Rate in Tanzania averaged 12.93 percent from 2003 until 2020, reaching an all time high of 17.91 percent in September of 2017 and a record low of 7.53 percent in March of 2004. In Tanzania, the negotiated lending rate is an average rate of lending rates for prime customers. This page provides - Tanzania Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Tanzania increased to 13339.50 TZS Billion in February from 13291.40 TZS Billion in January of 2020. Money Supply M1 in Tanzania averaged 5028.65 TZS Billion from 2000 until 2020, reaching an all time high of 13521.70 TZS Billion in June of 2019 and a record low of 567.18 TZS Billion in April of 2000. This page provides - Tanzania Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Tanzania increased to 21262.70 TZS Billion in February from 21131.30 TZS Billion in January of 2020. Money Supply M2 in Tanzania averaged 8346.24 TZS Billion from 2000 until 2020, reaching an all time high of 21280.30 TZS Billion in December of 2019 and a record low of 907.46 TZS Billion in April of 2000. This page provides - Tanzania Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Tanzania increased to 28417 TZS Billion in February from 28114.20 TZS Billion in January of 2020. Money Supply M3 in Tanzania averaged 11450.99 TZS Billion from 2000 until 2020, reaching an all time high of 28417 TZS Billion in February of 2020 and a record low of 1184.41 TZS Billion in April of 2000. This page provides - Tanzania Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Tanzania decreased to 7114.50 TZS Billion in February from 7200.80 TZS Billion in January of 2020. Money Supply M0 in Tanzania averaged 3441.10 TZS Billion from 2000 until 2020, reaching an all time high of 7963.80 TZS Billion in June of 2019 and a record low of 463.86 TZS Billion in June of 2000. This page provides - Tanzania Money Supply M0- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Tanzania increased to 6396.50 USD Million in February from 6396.10 USD Million in January of 2020. Government Debt in Tanzania averaged 4487.43 USD Million from 2011 until 2020, reaching an all time high of 12408.10 USD Million in December of 2011 and a record low of 2244.60 USD Million in February of 2011. This page provides - Tanzania Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Moody's credit rating for Tanzania was last set at B1 with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Tanzania thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Tanzania as reported by major credit rating agencies.

The inflation rate in Tanzania was recorded at 3.30 percent in April of 2020. Inflation Rate in Tanzania averaged 6.83 percent from 1999 until 2020, reaching an all time high of 19.80 percent in December of 2011 and a record low of 3 percent in November of 2018. In Tanzania, the National Consumer Price Index (NCPI) measures the change over time in the cost of a fixed basket of goods and services that are purchased by a representative sample of households. The index weights are based on expenditures of both urban and rural households in the 25 geographic regions. The most important categories in the NCPI are Food and Non Alcoholic Beverages (38.5 percent of total weight); Transport (12.5 percent); Housing, Water, Electricity, Gas and Other Fuel (11.6 percent); Clothing and Footwear (8.3 percent) and Furnishing, Housing Equipment and Routine Maintenance of the House (6.3 percent). The index also includes: Communication (5.6 percent of total weight), Restaurants and Hotels (4.2 percent of total weight), Alcoholic Beverages and Tobacco (3.7 percent), Miscellaneous Goods and Services (3.1 percent), Health (2.9 percent), Recreation and Culture (1.6 percent) and Education (1.5 percent). This page provides - Tanzania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Tanzania increased to 120.67 points in April from 120.20 points in March of 2020. Consumer Price Index CPI in Tanzania averaged 93.07 points from 2009 until 2020, reaching an all time high of 120.67 points in April of 2020 and a record low of 58.89 points in November of 2009. In Tanzania, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Tanzania Consumer Price Index (cpi) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Tanzania decreased to 107.66 points in April of 2020 from 108.04 points in March of 2020. CPI Transportation in Tanzania averaged 94.60 points from 2010 until 2020, reaching an all time high of 108.04 points in March of 2020 and a record low of 75.59 points in January of 2011. This page provides - Tanzania Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Tanzania increased to 110.99 points in April from 110.76 points in March of 2020. Core Consumer Prices in Tanzania averaged 95.62 points from 2010 until 2020, reaching an all time high of 110.99 points in April of 2020 and a record low of 74.03 points in January of 2010. This page provides - Tanzania Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Tanzania increased to 151 points in April from 148.53 points in March of 2020. Cpi Housing Utilities in Tanzania averaged 101.10 points from 2010 until 2020, reaching an all time high of 151 points in April of 2020 and a record low of 51.88 points in January of 2010. This page provides - Tanzania Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tanzania recorded 509 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Tanzania reported 21 Coronavirus Deaths. This page includes a chart with historical data for Tanzania Coronavirus Cases.

Tanzania recorded 21 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Tanzania reported 509 Coronavirus Cases. This page includes a chart with historical data for Tanzania Coronavirus Deaths.

Tanzania recorded 183 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Tanzania reported 21 Coronavirus Deaths. This page includes a chart with historical data for Tanzania Coronavirus Recovered.

Internet Speed in Equatorial Guinea increased to 1435.72 KBps in the first quarter of 2017 from 1430.22 KBps in the fourth quarter of 2016. Internet Speed in Equatorial Guinea averaged 627.73 KBps from 2007 until 2017, reaching an all time high of 1641.89 KBps in the second quarter of 2016 and a record low of 88.60 KBps in the third quarter of 2009. This page includes a chart with historical data for Equatorial GuineaInternet Speed.

IP Addresses in Equatorial Guinea increased to 1658 IP in the first quarter of 2017 from 1625 IP in the fourth quarter of 2016. IP Addresses in Equatorial Guinea averaged 1940.67 IP from 2007 until 2017, reaching an all time high of 2730 IP in the third quarter of 2014 and a record low of 1074 IP in the third quarter of 2007. This page includes a chart with historical data for Equatorial GuineaIP Addresses.

Temperature in Equatorial Guinea decreased to 25 celsius in December from 25.30 celsius in November of 2015. Temperature in Equatorial Guinea averaged 24.92 celsius from 1856 until 2015, reaching an all time high of 27.93 celsius in February of 1998 and a record low of 21.48 celsius in July of 1890. This page includes a chart with historical data for Equatorial Guinea Average Temperature.

Precipitation in Equatorial Guinea decreased to 62.76 mm in December from 190.72 mm in November of 2015. Precipitation in Equatorial Guinea averaged 182.21 mm from 1901 until 2015, reaching an all time high of 597.78 mm in October of 2008 and a record low of 9.54 mm in July of 2009. This page includes a chart with historical data for Equatorial Guinea Average Precipitation.

The Social Security Rate For Employees in Equatorial Guinea stands at 4.50 percent. In Equatorial Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Equatorial Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Equatorial Guinea Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Equatorial Guinea stands at 21.50 percent. In Equatorial Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Equatorial Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Equatorial Guinea Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Equatorial Guinea was last recorded at 20864.60 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Equatorial Guinea, when adjusted by Purchasing Power Parity is equivalent to 117 percent of the world's average. GDP per capita PPP in Equatorial Guinea averaged 19885.64 USD from 1990 until 2018, reaching an all time high of 40368.10 USD in 2008 and a record low of 975.60 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Equatorial Guinea GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Equatorial Guinea is ranked 178 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Equatorial Guinea deteriorated to 178 in 2019 from 177 in 2018. Ease of Doing Business in Equatorial Guinea averaged 170.33 from 2008 until 2019, reaching an all time high of 178 in 2014 and a record low of 155 in 2011. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Equatorial Guinea.

Terrorism Index in Equatorial Guinea remained unchanged at 0 in 2018 from 0 in 2017. Terrorism Index in Equatorial Guinea averaged 0.23 from 2002 until 2018, reaching an all time high of 1.81 in 2009 and a record low of 0 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product per capita in Equatorial Guinea was last recorded at 10602.30 US dollars in 2018. The GDP per Capita in Equatorial Guinea is equivalent to 84 percent of the world's average. GDP per capita in Equatorial Guinea averaged 7666.92 USD from 1980 until 2018, reaching an all time high of 20512.90 USD in 2008 and a record low of 495.70 USD in 1991. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Equatorial Guinea GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Equatorial Guinea recorded a Current Account deficit of 14.40 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Equatorial Guinea averaged -17.53 percent from 1987 until 2018, reaching an all time high of 27.40 percent in 2006 and a record low of -112.90 percent in 1996. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Equatorial Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Equatorial Guinea scored 16 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Equatorial Guinea averaged 18.33 Points from 2005 until 2019, reaching an all time high of 21 Points in 2006 and a record low of 16 Points in 2018. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Equatorial Guinea Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Equatorial Guinea is the 173 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Equatorial Guinea averaged 166 from 2005 until 2019, reaching an all time high of 173 in 2019 and a record low of 151 in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Equatorial Guinea Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Equatorial Guinea stands at 35 percent. Corporate Tax Rate in Equatorial Guinea averaged 33.82 percent from 2004 until 2020, reaching an all time high of 35 percent in 2006 and a record low of 25 percent in 2005. In Equatorial Guinea, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Equatorial Guinea. This page provides - Equatorial Guinea Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Equatorial Guinea remained unchanged at 9.20 percent in 2019 from 9.20 percent in 2018. Unemployment Rate in Equatorial Guinea averaged 8.08 percent from 1983 until 2019, reaching an all time high of 9.30 percent in 2016 and a record low of 1.30 percent in 1983. In Equatorial Guinea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Equatorial Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Equatorial Guinea was estimated at 1.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Equatorial Guinea had a population of 0.3 million people. The population of Equatorial Guinea represents 0.01 percent of the world´s total population which arguably means that one person in every 9690 people on the planet is a resident of Equatorial Guinea. This page provides the latest reported value for - Equatorial Guinea Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Equatorial Guinea was recorded at 1.80 percent in 2019. Inflation Rate in Equatorial Guinea averaged 11.91 percent from 1981 until 2019, reaching an all time high of 83.90 percent in 1985 and a record low of -17.60 percent in 1986. In Equatorial Guinea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Equatorial Guinea Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Equatorial Guinea recorded a Government Budget deficit equal to 0.90 percent of the country's Gross Domestic Product in 2018. Government Budget in Equatorial Guinea averaged 4.40 percent of GDP from 2002 until 2018, reaching an all time high of 26.20 percent of GDP in 2006 and a record low of -8.60 percent of GDP in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Equatorial Guinea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Equatorial Guinea recorded a government debt equivalent to 43.30 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Equatorial Guinea averaged 89.54 percent from 1980 until 2018, reaching an all time high of 260.70 percent in 1982 and a record low of 0.50 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Equatorial Guinea Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Personal Income Tax Rate in Equatorial Guinea stands at 35 percent. In Equatorial Guinea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Equatorial Guinea. This page provides - Equatorial Guinea Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Equatorial Guinea decreased to 1024013 CFA Franc Millions in February from 1054739 CFA Franc Millions in January of 2020. Money Supply M2 in Equatorial Guinea averaged 1322101.36 CFA Franc Millions from 2013 until 2020, reaching an all time high of 1881332 CFA Franc Millions in November of 2014 and a record low of 1024013 CFA Franc Millions in February of 2020. This page provides - Equatorial Guinea Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Equatorial Guinea decreased to 145465 CFA Franc Millions in February from 150302 CFA Franc Millions in January of 2020. Money Supply M0 in Equatorial Guinea averaged 194309.90 CFA Franc Millions from 2013 until 2020, reaching an all time high of 274794 CFA Franc Millions in March of 2015 and a record low of 134884 CFA Franc Millions in September of 2018. This page provides - Equatorial Guinea Money Supply M0- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Equatorial Guinea contracted 4.10 percent in 2019 from the previous year. GDP Annual Growth Rate in Equatorial Guinea averaged 11.12 percent from 1986 until 2019, reaching an all time high of 95.26 percent in 1997 and a record low of -9.10 percent in 2015. Despite its small size, Equatorial Guinea is the third largest oil exporter in sub-Saharan Africa. The country has vast resource of gas and timber but does not manufacture anything. The petroleum sector accounted for 85 percent of GDP and more than 94 percent of exports. Other sectors are construction (7 percent of GDP in 2015), agriculture, forestry and fisheries (2 percent of GDP), and trade (1.6 percent). This page provides - Equatorial Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.