Equatorial Guinea: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 Equatorial Guinea

Trade balance as percent of GDP

 Latest value 8.88
 Reference 2021
 Measure percent
 Source The World Bank

For that indicator, we provide data for Equatorial Guinea from 2005 to 2021. The average value for Equatorial Guinea during that period was 24.97 percent with a minimum of -2.45 percent in 2020 and a maximum of 49.76 percent in 2008. The latest value from 2021 is 8.88 percent. For comparison, the world average in 2021 based on 130 countries is -4.19 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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The trade balance for Equatorial Guinea and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
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