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Economy of Equatorial Guinea vs Haiti compared: GDP & Debt

Updated on by Georank team

Equatorial Guinea has a GDP of $12.8B compared to $25.2B for Haiti, ranking 148/197 and 117/197 by economy size, respectively.

Equatorial Guinea has $4.65B in government debt (36.4% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Equatorial Guinea vs Haiti GDP by year

Equatorial Guinea
Haiti
1x
Year GDP, current $
Equatorial Guinea Haiti
2024 $12,765,777,677 $25,224,154,991
2023 $12,337,550,584 $19,850,585,722
2022 $13,687,643,436 $20,253,551,921
2021 $12,215,878,033 $20,944,387,976
2020 $9,893,816,008 $14,508,222,518
2019 $11,364,133,550 $15,016,090,930
2018 $13,097,012,134 $16,403,864,618
2017 $12,200,913,879 $15,093,357,161
2016 $11,240,808,848 $14,069,277,526
2015 $13,185,496,881 $14,849,629,309
2014 $21,765,453,082 $15,146,883,498
2013 $21,948,834,284 $14,902,488,604
2012 $22,388,344,144 $13,708,925,477
2011 $21,357,343,669 $13,008,746,039
2010 $16,314,443,436 $11,859,312,725
2009 $15,027,795,173 $11,597,002,835
2008 $19,749,893,536 $10,432,962,635
2007 $13,071,718,759 $9,228,637,768
2006 $10,086,528,699 $7,638,739,123
2005 $8,217,369,093 $7,030,149,730
2004 $4,410,764,339 $6,087,360,684
2003 $2,484,745,935 $5,071,947,798
2002 $1,806,742,742 $6,205,847,214
2001 $1,461,139,022 $6,331,970,324
2000 $1,045,998,496 $6,813,566,099
1999 $621,117,886 $4,153,725,884
1998 $370,687,634 $3,723,903,724
1997 $442,337,871 $3,338,949,152
1996 $232,463,023 $2,907,517,604
1995 $141,853,361 $2,813,313,279
1994 $100,807,003 $2,167,569,046
1993 $136,047,906 $1,878,253,767
1992 $134,707,184 $2,257,129,792
1991 $110,906,029 $3,473,562,628
1990 $112,119,411 $3,096,289,800
1989 $88,265,975 $2,736,243,800
1988 $100,534,657 $2,613,926,800
1987 $93,345,860 $2,047,200,000
1986 $76,407,396 $2,318,000,000
1985 $62,118,570 $2,009,400,000
1984 $50,320,914 $1,816,200,000
1983 $44,442,457 $1,623,600,000
1982 $44,294,648 $1,474,200,000
1981 $36,731,423 $1,479,400,000
1980 $50,642,881 $1,383,800,000
1979 - $1,080,600,000
1978 - $974,200,000
1977 $103,987,520 $947,000,000
1976 $103,653,050 $879,000,000
1975 $104,295,643 $681,400,000
1974 $94,159,863 $565,399,322
1973 $81,203,227 $466,798,973
1972 $65,429,198 $371,998,958
1971 $64,946,955 $362,800,000
1970 $66,331,429 $331,200,000
1969 $67,225,714 $391,820,400
1968 $67,514,286 $367,968,800
1967 $72,317,447 $369,124,200
1966 $69,110,000 $368,948,600
1965 $64,748,333 $353,251,800
1964 $51,915,000 $325,281,200
1963 $44,266,667 $294,883,400
1962 $37,253,333 $281,896,800
1961 - $271,066,000
1960 - $273,187,200

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

GDP per capita in Equatorial Guinea vs Haiti by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,745 $17,567 $2,143 $3,194
2023 $6,678 $17,412 $1,706 $3,292
2022 $7,589 $18,140 $1,761 $3,275
2021 $6,946 $16,821 $1,841 $3,145
2020 $5,764 $13,677 $1,290 $3,103
2019 $6,804 $16,451 $1,352 $3,237
2018 $8,102 $18,413 $1,496 $3,197
2017 $7,809 $18,435 $1,395 $3,339
2016 $7,453 $16,649 $1,318 $3,253
2015 $9,069 $19,479 $1,411 $3,026
2014 $15,549 $27,177 $1,460 $3,076
2013 $16,304 $27,910 $1,458 $3,042
2012 $17,309 $30,012 $1,361 $2,830
2011 $17,198 $27,242 $1,312 $2,858
2010 $13,720 $26,168 $1,210 $2,695
2009 $13,233 $29,722 $1,197 $2,855
2008 $18,211 $30,523 $1,095 $2,724
2007 $12,617 $26,611 $985 $2,647
2006 $10,185 $23,511 $829 $2,504
2005 $8,674 $22,137 $776 $2,427
2004 $4,901 $19,354 $683 $2,322
2003 $2,931 $14,496 $579 $2,331
2002 $2,264 $13,255 $721 $2,248
2001 $1,949 $11,627 $749 $2,230
2000 $1,487 $7,420 $821 $2,229
1999 $931 $6,470 $510 $2,201
1998 $578 $5,280 $465 $2,152
1997 $717 $4,387 $425 $2,122
1996 $392 $1,793 $377 $2,070
1995 $248.3 $1,098 $372 $1,989
1994 $183.2 $951 $292.1 $1,807
1993 $256.7 $828 $258.1 $2,048
1992 $263.7 $756 $316 $2,158
1991 $225.3 $569 $497 $2,273
1990 $236.4 $577 $452 $2,202
1989 $193.2 - $407 -
1988 $228.7 - $397 -
1987 $220.9 - $318 -
1986 $188.8 - $367 -
1985 $161.1 - $325 -
1984 $137.9 - $299.2 -
1983 $129.4 - $272.8 -
1982 $137.5 - $252.6 -
1981 $121.1 - $258.5 -
1980 $175.5 - $246.5 -
1979 - - $196.2 -
1978 - - $180.3 -
1977 $376 - $178.7 -
1976 $369 - $169.1 -
1975 $362 - $133.6 -
1974 $319 - $113 -
1973 $268.6 - $95.1 -
1972 $211.4 - $77.3 -
1971 $205.6 - $76.8 -
1970 $206.8 - $71.5 -
1969 $208.4 - $86.1 -
1968 $211.7 - $82.4 -
1967 $231.9 - $84.2 -
1966 $226.7 - $85.7 -
1965 $217.1 - $83.6 -
1964 $177.8 - $78.5 -
1963 $154.8 - $72.4 -
1962 $132.9 - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

Equatorial Guinea's GDP per capita is $6,745, ranking 106/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Haiti ranks 177th at $3,194.

Economic indicators

Equatorial Guinea Haiti
Gross domestic product
$12.8B
2024
$25.2B
2024
GDP rank
148/197
2024
117/197
2024
GDP growth
0.91%
2023-2024
-4.17%
2023-2024
GDP per capita
$6,745
2024
$2,143
2024
GDP per capita rank
106/197
2024
153/197
2024
GDP per capita, PPP
$17,567
2024
$3,194
2024
GDP per capita PPP rank
106/197
2024
177/197
2024
Government debt
$4.65B
2024
$3.91B
2024
Debt-to-GDP ratio
36.4%
2024
15.5%
2024
Government debt per person
$2,458
2024
$332
2024
Government debt per person rank
110/185
2024
176/185
2024
Average annual personal income after taxes
$5,042
2026
$1,896
2026
Income share by richest 10%
29.1%
2022
31.2%
2012
Income share by poorest 10%
2.6%
2022
2.1%
2012
Government expenditure, % of GDP
18.5%
2024
5.25%
2024
Consumer prices inflation
3.4%
2023-2024
26.9%
2023-2024
Unemployment rate
8.6%
2014
14.1%
2012
Population
1998075
12076663

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Haiti
Government spending Government debt Government spending Government debt
2024 18.5% 36.4% 5.25% 15.5%
2023 19.2% 39.1% 6.46% 28.5%
2022 14.8% 29.8% 8.33% 29.5%
2021 12.7% 42.3% 9.42% 28.9%
2020 16.2% 49.4% 9.86% 22.3%
2019 16.8% 43.2% 9.59% 26.5%
2018 19.1% 40.6% 11.3% 24.1%
2017 20.1% 36.2% 10.2% 22.5%
2016 27.8% 41.1% 10.5% 24.4%
2015 41.6% 31.7% 12.7% 23.9%
2014 31.6% 12.6% 14.6% 21.4%
2013 29.3% 6.27% 15.9% 25.1%
2012 35.2% 7.1% 16.4% 24.1%
2011 27.5% 7.17% 14.1% 22.3%
2010 31.2% 7.89% 12.6% 24.9%
2009 39.8% 4.34% 11.6% 19.4%
2008 19.9% 0.49% 11.2% 33.9%
2007 19.7% 0.75% 11.1% 24.4%
2006 18.1% 1.22% 9.67% 32.2%
2005 14.1% 2.85% 8.75% 29.7%
2004 15.5% 4.54% 7.38% 30.4%
2003 11.8% 6.77% 7.83% 37.8%
2002 11.3% 19.4% 6.64% 32%
2001 13.5% 25.5% 6.11% 28.8%
2000 22.6% 36.6% 6.25% 32.5%
1999 18.7% 60.5% 6.91% 24.1%
1998 35.1% 59.2% 5.4% 24%
1997 14.8% 46.3% 5.46% 26.2%
1996 22.9% 91.2% - 26.2%
1995 141.5% 136.9% - 26.2%
1994 510% 216% - 35.3%
1993 256.3% 152.6% - 98%
1992 595% 136.9% - 118.9%
1991 284.5% 169.5% - 80.7%
1990 212.9% 157% - 85.1%
1989 116.8% 187% - 98.7%
1988 227.9% 154.5% - 90.9%
1987 183% 141.3% 32.4% 58.6%
1986 119% 152.5% 15.1% 26.5%
1985 115.4% 183.8% 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

In 2024, Equatorial Guinea's government spending was $2.36B, accounting for 18.5% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 36.4% in Equatorial Guinea and 15.5% in Haiti, ranking 143/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Haiti
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Haiti
2024 -0.55% 6.96%
2023 2.39% 0.77%
2022 11.7% -1.75%
2021 2.65% -2.45%
2020 -1.77% -1.96%
2019 1.82% -1.99%
2018 0.52% -1.13%
2017 -2.59% -0.32%
2016 -10.9% 0.12%
2015 -15.1% -1.47%
2014 -7.54% -3.64%
2013 -4.4% -3.98%
2012 -7.24% -2.71%
2011 0.83% -1.43%
2010 -4.53% -1.5%
2009 -6.47% -2%
2008 14.6% -1.8%
2007 17.2% -1.55%
2006 21.8% -0.91%
2005 18.5% -0.83%
2004 9.22% -1.34%
2003 9.99% -2.24%
2002 17.6% -1.8%
2001 14.9% -1.55%
2000 -2.67% -1.36%
1999 -0.19% -1.54%
1998 -7.65% 0.21%
1997 3.21% 0.37%
1996 -6.36% -
1995 -123.4% -
1994 -487% -
1993 -217.9% -
1992 -557% -
1991 -236% -
1990 -160.2% -
1989 -76.2% -
1988 -208.5% -
1987 -158% -4.94%
1986 -97.3% -1.4%
1985 -89.3% -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1989, retrieved 2026-02-20).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

In 2024, Equatorial Guinea's government deficit, the difference between spending and revenue, was $70.8M, equivalent to 0.55% of GDP. This compares to Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 40 years, Equatorial Guinea recorded a fiscal deficit in 25 of those years, while Haiti ran a deficit in 26 years. On average, Equatorial Guinea posted an annual deficit equal to 58.6% of GDP, compared to deficit of 1.29% of GDP for Haiti.

Inflation comparison by year

Inflation
Equatorial Guinea

Haiti
1x
Year Consumer prices inflation
Equatorial Guinea Haiti
2024 3.4% 26.9%
2023 2.4% 36.8%
2022 4.9% 34%
2021 -0.1% 16.8%
2020 4.8% 22.8%
2019 1.2% 18.7%
2018 1.3% 12.5%
2017 0.7% 10.7%
2016 1.4% 11.5%
2015 1.7% 6.73%
2014 4.3% 3.44%
2013 3.2% 4.77%
2012 3.4% 5.02%
2011 4.8% 6.33%
2010 5.3% 4.83%
2009 5.7% 0.39%
2008 4.7% 15.3%
2007 2.8% 6.56%
2006 4.5% 11.3%
2005 5.6% 14%
2004 4.2% 21%
2003 7.3% 28.7%
2002 7.6% 7.03%
2001 8.7% 13.3%
2000 4.8% 9.33%
1999 0.4% 3%
1998 7.9% 5.27%
1997 3% 20.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

Over the past 28 years, Equatorial Guinea has recorded an average annual inflation rate of 3.93%, compared with 13.5% in Haiti. In 2024, inflation was 3.4% in Equatorial Guinea and 26.9% in Haiti.

Balance of trade

Equatorial Guinea Haiti
Current account balance
-$344M
1996
-$145M
2024
Current account balance ranking
101/190
1996
92/190
2024
Current account balance, % of GDP
-148%
1996
-0.58%
2024
Goods imports
$292M
1996
$4.27B
2024
Goods exports
$175M
1996
$767M
2024
Service imports
$185M
1996
$518M
2024
Service exports
$4.88M
1996
$96.6M
2024
Imports of goods and services, % of GDP
25.4%
2024
18.8%
2024
Exports of goods and services, % of GDP
35.2%
2024
3.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Equatorial Guinea Haiti
Economic freedom 47.4 46.1
Economic freedom ranking 175/197 178/197
Property rights 16.9 6.6
Government integrity 6.9 13
Judicial effectiveness 7.2 17.3
Tax burden 81 81.7
Government spending 90.8 98.7
Fiscal health 97.3 99.5
Business freedom 35.9 30.7
Labor freedom 45.2 54.7
Monetary freedom 73.5 45.1
Trade freedom 43.6 66.4
Investment freedom 40 20
Financial freedom 30 20

Economic freedom comparison by year

Equatorial Guinea
Haiti
1x
Year Economic freedom index
Equatorial Guinea Haiti
2026 47.4 46.1
2025 47.7 46.1
2024 47.7 48.2
2023 48.3 49.9
2022 47.2 50
2021 49.2 50.8
2020 48.3 52.3
2019 41 52.7
2018 42 55.8
2017 45 49.6
2016 43.7 51.3
2015 40.4 51.3
2014 44.4 48.9
2013 42.3 48.1
2012 42.8 50.7
2011 47.5 52.1
2010 48.6 50.8
2009 51.3 50.5
2008 51.6 49
2007 53.2 51.4
2006 51.5 49.2
2005 53.3 48.4
2004 53.3 51.2
2003 53.1 50.6
2002 46.4 47.9
2001 47.9 47.1
2000 45.6 45.7
1999 45.1 45.9
1998 - 45.7
1997 - 45.8
1996 - 41
1995 - 43

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Haiti
Services, % of GDP
51.1%
2024
48.3%
2024
Industry, % of GDP
45.8%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
3.15%
2024
15.9%
2024
GNI, Atlas method
$8.96B
2024
$20.7B
2024
GNI per capita, PPP
$12,330
2024
$3,190
2024
Total reserves including gold
$1.54B
2023
$2.72B
2024
Total reserves ranking
134/177
2023
121/177
2024
Net foreign direct investment
-$376M
1996
-$20M
2024
Net inflows of foreign direct investment
$188M
2024
$20M
2024
Net outflows of foreign direct investment
$154M
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
2.15%
2024
Poverty at national poverty lines
50.7%
2022
58.5%
2012
Gross capital formation, % of GDP
8.96%
2024
9.94%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/equatorial-guinea/haiti | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2014, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.