Share of government consumption in GDP vs. share of population living in extreme poverty in Equatorial Guinea

Equatorial Guinea: Share of government consumption in GDP vs. share of population living in extreme poverty was 44.4% in 2023. ▼ Falling

Latest (2023)
44.4%
Change on year
up 7.8%
World rank
3rd
of 184 countries
All-time high
50.9%
in 1986
All-time low
8.5%
in 2011
Years of data
64
1960–2023

Share of government consumption in GDP vs. share of population living in extreme poverty in Equatorial Guinea, 1960–2023

1020304050196019912023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

Equatorial Guinea recorded 44.4% for share of government consumption in gdp vs. share of population living in extreme poverty in 2023.

The figure is up 7.8% on the previous year and up 186.2% over ten years.

Over the whole period, share of government consumption in gdp vs. share of population living in extreme poverty in Equatorial Guinea peaked at 50.9% in 1986 and was at its lowest, 8.5%, in 2011.

That places Equatorial Guinea 3rd out of 184 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently falling across the 64 years of available data.

Share of government consumption in GDP vs. share of population living in extreme poverty in Equatorial Guinea, year by year

Annual values for Share of government consumption in GDP vs. share of population living in extreme poverty in Equatorial Guinea, 1960 to 2023.
Year % of GDP Change
1960 27.7%
1961 26.9% -3.0%
1962 24.4% -9.2%
1963 32.3% +32.3%
1964 32.1% -0.5%
1965 36.2% +12.8%
1966 40.1% +10.7%
1967 43.1% +7.4%
1968 44.3% +2.9%
1969 45.1% +1.8%
1970 47.3% +4.9%
1971 47.8% +1.1%
1972 48.3% +1.1%
1973 48.5% +0.4%
1974 48.7% +0.3%
1975 49.1% +0.8%
1976 49.0% -0.1%
1977 49.0% -0.0%
1978 49.1% +0.3%
1979 48.8% -0.6%
1980 48.6% -0.5%
1981 50.3% +3.5%
1982 48.7% -3.3%
1983 48.6% -0.2%
1984 48.5% -0.1%
1985 48.6% +0.2%
1986 50.9% +4.7%
1987 50.7% -0.6%
1988 49.9% -1.6%
1989 48.7% -2.4%
1990 46.3% -4.9%
1991 45.0% -2.7%
1992 43.4% -3.7%
1993 42.4% -2.3%
1994 32.6% -23.0%
1995 30.9% -5.2%
1996 27.6% -10.7%
1997 22.7% -17.7%
1998 31.3% +37.8%
1999 19.5% -37.8%
2000 17.8% -8.7%
2001 15.7% -11.6%
2002 28.8% +83.0%
2003 19.9% -30.8%
2004 13.4% -32.9%
2005 13.6% +1.8%
2006 11.9% -12.9%
2007 10.5% -11.3%
2008 8.8% -16.6%
2009 12.3% +40.1%
2010 9.5% -22.7%
2011 8.5% -10.3%
2012 9.8% +14.7%
2013 15.5% +58.8%
2014 18.8% +21.3%
2015 29.3% +55.7%
2016 37.7% +28.4%
2017 40.2% +6.7%
2018 39.6% -1.5%
2019 40.2% +1.5%
2020 40.6% +1.0%
2021 40.6% -0.0%
2022 41.2% +1.5%
2023 44.4% +7.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 35.2% 24.4% 45.1% 10
1970s 48.6% 47.3% 49.1% 10
1980s 49.4% 48.5% 50.9% 10
1990s 34.2% 19.5% 46.3% 10
2000s 15.3% 8.8% 28.8% 10
2010s 24.9% 8.5% 40.2% 10
2020s 41.7% 40.6% 44.4% 4

Countries ranked near Equatorial Guinea

  1. 1 Montserrat 99.4% compare
  2. 2 Yemen 52.8% compare
  3. 4 Ukraine 44.4% compare
  4. 5 Seychelles 43.6% compare
  5. 6 South Sudan 40.2% compare

See the full ranking of 184 places →

More poverty & inequality data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is share of government consumption in gdp vs. share of population living in extreme poverty in Equatorial Guinea?
Share of government consumption in gdp vs. share of population living in extreme poverty in Equatorial Guinea was 44.4% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Equatorial Guinea?
The highest recorded value was 50.9% in 1986.
What is the lowest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Equatorial Guinea?
The lowest recorded value was 8.5% in 2011.
How does Equatorial Guinea rank for share of government consumption in gdp vs. share of population living in extreme poverty?
Equatorial Guinea ranks 3rd out of 184 countries with data for 2023.
Is share of government consumption in gdp vs. share of population living in extreme poverty rising or falling in Equatorial Guinea?
Over the last ten years it is up 186.2%. The long-run trend across the full record is falling.
Where does this Equatorial Guinea data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid updates them automatically from the source API.

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Share of government consumption in GDP vs. share of population living in extreme poverty in Equatorial Guinea. Statizoid, drawing on Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Retrieved 05 September 2026, from https://poverty.statizoid.com/stat/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty/equatorial-guinea/

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About this data

Indicator
Share of government consumption in GDP vs. share of population living in extreme poverty
Unit
% of GDP
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Government consumption divided by gross domestic product, expressed as a percentage.