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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 571.63
545 563 581 600 681
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate -2.50
percent
3 3 3 4 2.24
GDP 10.18
USD Billion
9.85 9.97 10.1 8.9 8
GDP per capita 12028.60
USD
11768 8796 11084 7863 7172
GDP per capita PPP 23671.40
USD
25316 24446 23575 23298 23210
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 7.33
percent
6.9 6.9 23.39 6.85 18
Population 1.22
Million
1.24 1.25 1.26 1.28 1.44
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.50
percent
3.2 3.4 3.4 2.9 3.3
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 2.95
percent
2.95 2.95 2.95 3 2.95
Deposit Interest Rate 2.45
percent
2.4 2.41 2.42 2.42 2.42
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Current Account -743.10
CFA Franc Billion
384 384 384 196 322
Current Account to GDP -10.50
percent
-5.7 -5.7 -5.7 -5 -17.31
Crude Oil Production 176.00
BBL/D/1K
183 183 183 183 183
Terrorism Index 0.00
0.16 0.16 0.16 0.19 0.3
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 53.80
percent
21 21 21 18 15
Government Budget -2.30
percent of GDP
-4.06 -4.31 -4.55 -4.61 -4.73
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1435.72
KBps
1687 1726 1762 1758 2020
IP Addresses 1658.00
IP
1700 1702 1701 1701 1702
Ease of Doing Business 173.00
173 173 173 173 173
Corruption Index 17.00
Points
19 19 19 19 19
Corruption Rank 171.00
171 171 171 171 171
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 35.00
percent
35 35 35 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 62.76
mm
196 121 259 155 187
Temperature 25.00
celsius
25.21 23.75 25.05 25.94 25.53