Equatorial Guinea: Grants and other revenue (% of revenue)

Key figures

What the numbers say

In 2022, Equatorial Guinea's grants and other revenue (% of revenue) rose 10.13 percentage points on 2021 (from 64.93% to 75.06%).

Across the 15 yearly changes before that (2007 to 2021), the average change was −0.72 percentage points and a typical year strayed about 9.88 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 20.66 percentage points in 2021 and the biggest yearly fall was 18.84 percentage points in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Equatorial Guinea in the 2022 ranking

• Timor-Leste — 2nd of 8: 63%
• Ecuador — 3rd of 8: 41.68%
• Congo, Dem. Rep. — 4th of 8: 35.08%

What this measures

Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

Regional and income-group figures are computed by the World Bank as a median.

All 17 values

Grants and other revenue (% of revenue) in nearby economies

• Angola — 58.39% (2024)
• Botswana — 20.3% (2023)
• Burkina Faso — 17.07% (2024)
• Burundi — 26.68% (2021)
• Cabo Verde — 25.92% (2020)
• Cameroon — 18.49% (2021)
• Central African Republic — 42.71% (2021)
• Congo, Dem. Rep. — 35.08% (2022)
• Congo, Rep. — 68.27% (2021)
• Côte d'Ivoire — 6.97% (2023)

More public sector data for Equatorial Guinea

• Armed forces personnel, total — 1,000 (2020)
• Armed forces personnel (% of total labor force) — 0.16% (2020)
• Statistical performance indicators (SPI): Pillar 1 data use score (scale 0-100) — 10 (2024)
• Statistical performance indicators (SPI): Pillar 3 data products score (scale 0-100) — 60.41 (2024)
• Arms imports (SIPRI trend indicator values) — 12 million (2024)
• Net investment in nonfinancial assets (current LCU) — 336.02 billion (2022)
• Net investment in nonfinancial assets (% of GDP) — 3.94% (2022)
• Net lending (+) / net borrowing (-) (current LCU) — 979.19 billion (2022)

Reading data like this

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Questions people ask

What is Equatorial Guinea's grants and other revenue (% of revenue)?

75.06% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is down 0.7 percentage points from 75.76% in 2006. The highest value was 79.52% in 2007 and the lowest 44.27% in 2020.

Is the latest change in grants and other revenue (% of revenue) unusual for Equatorial Guinea?

In 2022, Equatorial Guinea's grants and other revenue (% of revenue) rose 10.13 percentage points on 2021 (from 64.93% to 75.06%). Across the 15 yearly changes before that (2007 to 2021), the average change was −0.72 percentage points and a typical year strayed about 9.88 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.REV.GOTR.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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