Equatorial Guinea: Tax revenue

* indicates monthly or quarterly data series
 Equatorial Guinea

Tax revenue, percent of GDP

 Latest value 5.44
 Year 2021
 Measure percent
 Data availability 2006 - 2021
 Average 8.17
 Min - Max 5.44 - 12.76
 Source The World Bank
For that indicator, we provide data for Equatorial Guinea from 2006 to 2021. The average value for Equatorial Guinea during that period was 8.17 percent with a minimum of 5.44 percent in 2021 and a maximum of 12.76 percent in 2009. The latest value from 2021 is 5.44 percent. For comparison, the world average in 2021 based on 105 countries is 17.48 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Equatorial Guinea - Tax revenue - Recent values chart

Historical chart
Equatorial Guinea - Tax revenue - historical chart - 2006-2021

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 23.98 2022 percent
 Government spending, in dollars 2.88 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 4.80 2022 percent
 Government debt 34.62 2022 percent
 Tax revenue 5.44 2021 percent
 Commercial tax rate 79.40 2019 percent
 Tax preparation time 492 2019 hours
 Number of taxes 46 2019 taxes
 Taxes on goods and services 5.97 2021 percent
 Taxes on international trade 1.26 2021 percent
 Income and profits taxes 26.02 2021 percent
 Foreign aid 12.78 2021 million U.S. dollars
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