Equatorial Guinea - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Equatorial Guinea including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Equatorial Guinea economy.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 526.40
574 591 608 625 700
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate -8.60
percent
3 3 3 3 2.24
GDP 10.18
USD Billion
8.77 8.45 8.12 7.8 -3.7
GDP per capita 12028.60
USD
13273 12828 12384 11940 11601
GDP per capita PPP 23671.40
USD
26187 25316 24446 23575 23210
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 7.33
percent
7 7.1 7.2 23.39 18
Population 1.22
Million
1.23 1.24 1.25 1.26 1.43
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 1.50
percent
3.1 3.2 3.4 3.4 3.3
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 2.95
percent
2.95 2.95 2.95 2.95 2.95
Deposit Interest Rate 2.45
percent
2.6 2.59 2.57 2.56 2.92
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Current Account 552.00
CFA Franc Billion
384 384 384 384 322
Current Account to GDP -11.60
percent
-5.7 -5.7 -16.17 -5.7 -17.75
Crude Oil Production 181.00
BBL/D/1K
179 178 178 177 173
Terrorism Index 0.00
0.19 0.2 0.2 0.21 0.3
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 21.70
percent
21 21 25.4 21 15
Government Budget -4.40
percent of GDP
-0.49 -0.94 -1.39 -1.84 5.28
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 1435.72
KBps
1379 1367 1355 1343 1220
IP Addresses 1658.00
IP
1803 1817 1831 1841 1874
Ease of Doing Business 173.00
169 167 165 163 165
Corruption Index 19.00
Points
18 18 17 16 18
Corruption Rank 163.00
160 163 165 167 166
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 35.00
percent
34 34 34 34 33
Personal Income Tax Rate 35.00
percent
35 35 35 35 35
Sales Tax Rate 15.00
percent
15 15 15 15 15
Social Security Rate 26.00
percent
26 26 26 26 26
Social Security Rate For Companies 21.50
percent
21.5 21.5 21.5 21.5 21.5
Social Security Rate For Employees 4.50
percent
4.5 4.5 4.5 4.5 4.5
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 62.76
mm
154 196 121 259 187
Temperature 25.00
celsius
25.88 25.21 23.75 25.05 25.53