Equatorial Guinea: Inflation, consumer prices (annual % growth)

Key figures

What the numbers say

In 2024, Equatorial Guinea's inflation, consumer prices (annual % growth) rose 0.06 percentage points on 2023 (from 2.86% to 2.92%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.09 percentage points and a typical year strayed about 6.75 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 26.39 percentage points in 1994 and the biggest yearly fall was 15.33 percentage points in 1996. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 21% 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 2024 ranking

• South Sudan — 1st of 6: 91.44%
• Gambia, The — 2nd of 6: 11.56%
• United States — 3rd of 6: 2.95%
• Qatar — 5th of 6: 1.27%
• Afghanistan — 6th of 6: -6.6%

What this measures

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

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

All 39 values

Inflation, consumer prices (annual % growth) in nearby economies

• Angola — 20.16% (2025)
• Benin — 1.1% (2025)
• Botswana — 2.66% (2025)
• Burkina Faso — -0.59% (2025)
• Burundi — 34.13% (2025)
• Cabo Verde — 2.34% (2025)
• Cameroon — 3.4% (2025)
• Central African Republic — 1% (2025)
• Chad — -3.91% (2025)
• Comoros — 3.25% (2025)

More financial sector data for Equatorial Guinea

• DEC alternative conversion factor (LCU per US$) — US$581.93 (2025)
• Official exchange rate (LCU per US$, period average) — US$581.93 (2025)
• GDP deflator (base year varies by country) — 169.1 (2025)
• Inflation, GDP deflator (annual % growth) — -1.38% (2025)
• Real effective exchange rate index (2010 = 100) — 104.48 (2025)
• Consumer price index (2010 = 100) — 144.38 (2024)
• Domestic credit to private sector by banks (% of GDP) — 5.76% (2023)
• Net foreign assets (current LCU) — 922.93 billion (2023)
• Monetary sector credit to private sector (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Equatorial Guinea's inflation, consumer prices (annual % growth)?

2.92% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1986?

It is up 20.56 percentage points from -17.64% in 1986. The highest value was 31.84% in 1994 and the lowest -17.64% in 1986.

Is the latest change in inflation, consumer prices (annual % growth) unusual for Equatorial Guinea?

In 2024, Equatorial Guinea's inflation, consumer prices (annual % growth) rose 0.06 percentage points on 2023 (from 2.86% to 2.92%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.09 percentage points and a typical year strayed about 6.75 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator FP.CPI.TOTL.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.