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Economy of Equatorial Guinea vs Israel compared: GDP & Debt

Updated on by Georank

Equatorial Guinea has a GDP of $12.8B compared to $611B for Israel, ranking 150/197 and 27/197 by economy size, respectively.

Equatorial Guinea has $5.21B in government debt (40.6% of GDP), compared to $418B (68.5% of GDP) in Israel.

Equatorial Guinea vs Israel GDP by year

Equatorial Guinea
Israel
1x
Year GDP, current $
Equatorial Guinea Israel
2025 $12,823,210,426 $610,777,842,874
2024 $13,254,388,261 $542,284,494,491
2023 $12,541,814,273 $513,393,395,492
2022 $13,687,643,436 $525,157,951,213
2021 $12,215,878,033 $489,735,019,666
2020 $9,893,816,008 $410,908,899,711
2019 $11,364,133,550 $399,207,771,082
2018 $13,097,012,134 $375,470,422,244
2017 $12,200,913,879 $357,360,816,857
2016 $11,240,808,848 $321,083,954,798
2015 $13,185,496,881 $302,841,190,258
2014 $21,765,453,082 $314,376,760,832
2013 $21,948,834,284 $298,045,324,736
2012 $22,388,344,144 $263,172,104,091
2011 $21,357,343,669 $267,739,352,609
2010 $16,314,443,436 $239,372,857,534
2009 $15,027,795,173 $213,112,649,594
2008 $19,749,893,536 $220,952,472,408
2007 $13,071,718,759 $184,448,882,452
2006 $10,086,528,699 $158,706,516,002
2005 $8,217,369,093 $147,346,035,831
2004 $4,410,764,339 $139,925,423,025
2003 $2,484,745,935 $131,278,887,815
2002 $1,806,742,742 $125,215,963,105
2001 $1,461,139,022 $134,889,159,474
2000 $1,045,998,496 $136,409,902,632
1999 $621,117,886 $121,329,240,042
1998 $370,687,634 $120,468,659,246
1997 $442,337,871 $119,389,303,067
1996 $232,463,023 $115,051,957,577
1995 $141,853,361 $105,432,315,611
1994 $100,807,003 $90,684,108,118
1993 $136,047,906 $79,806,598,120
1992 $134,707,184 $79,408,652,426
1991 $110,906,029 $70,954,941,681
1990 $112,119,411 $61,978,459,022
1989 $88,265,975 $52,411,116,588
1988 $100,534,657 $52,618,458,014
1987 $93,345,860 $43,022,977,765
1986 $76,407,396 $35,812,041,620
1985 $62,118,570 $28,887,898,639
1984 $50,320,914 $30,626,695,891
1983 $44,442,457 $32,655,591,256
1982 $44,294,648 $29,237,231,967
1981 $36,731,423 $26,865,420,933
1980 $50,642,881 $25,379,585,067
1979 - $22,595,788,591
1978 - $17,690,363,444
1977 $103,987,520 $18,245,847,441
1976 $103,653,050 $15,946,502,888
1975 $104,295,643 $16,131,806,290
1974 $94,159,863 $17,162,009,924
1973 $81,203,227 $11,895,229,181
1972 $65,429,198 $9,216,866,299
1971 $64,946,955 $7,048,191,876
1970 $66,331,429 $7,402,142,195
1969 $67,225,714 $6,293,966,357
1968 $67,514,286 $5,455,059,532
1967 $72,317,447 $4,759,447,914
1966 $69,110,000 $4,700,397,692
1965 $64,748,333 $4,326,412,951
1964 $51,915,000 $4,021,861,430
1963 $44,266,667 $3,533,767,055
1962 $37,253,333 $2,964,323,618
1961 - $3,706,297,903
1960 - $3,068,690,949

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Equatorial Guinea vs Israel by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,615 - $60,337 -
2024 $7,004 $17,567 $54,217 $57,236
2023 $6,788 $17,412 $52,126 $55,171
2022 $7,589 $18,140 $54,947 $53,619
2021 $6,946 $16,821 $52,258 $46,162
2020 $5,764 $13,677 $44,591 $40,955
2019 $6,804 $16,451 $44,092 $41,325
2018 $8,102 $18,413 $42,269 $40,190
2017 $7,809 $18,435 $41,013 $39,471
2016 $7,453 $16,649 $37,571 $38,189
2015 $9,069 $19,479 $36,138 $35,871
2014 $15,549 $27,177 $38,265 $34,816
2013 $16,304 $27,910 $36,981 $34,827
2012 $17,309 $30,012 $33,269 $32,484
2011 $17,198 $27,242 $34,477 $31,314
2010 $13,720 $26,168 $31,399 $29,456
2009 $13,233 $29,722 $28,470 $28,087
2008 $18,211 $30,523 $30,231 $28,084
2007 $12,617 $26,611 $25,689 $28,307
2006 $10,185 $23,511 $22,500 $26,385
2005 $8,674 $22,137 $21,262 $25,701
2004 $4,901 $19,354 $20,550 $26,078
2003 $2,931 $14,496 $19,624 $24,702
2002 $2,264 $13,255 $19,059 $26,101
2001 $1,949 $11,627 $20,949 $25,806
2000 $1,487 $7,420 $21,690 $25,766
1999 $931 $6,470 $19,809 $23,415
1998 $578 $5,280 $20,176 $22,927
1997 $717 $4,387 $20,457 $22,279
1996 $392 $1,793 $20,213 $21,672
1995 $248.3 $1,098 $19,014 $20,642
1994 $183.2 $951 $16,796 $19,478
1993 $256.7 $828 $15,169 $18,218
1992 $263.7 $756 $15,500 $17,553
1991 $225.3 $569 $14,337 $16,486
1990 $236.4 $577 $13,300 $15,721
1989 $193.2 - $11,601 -
1988 $228.7 - $11,846 -
1987 $220.9 - $9,847 -
1986 $188.8 - $8,330 -
1985 $161.1 - $6,824 -
1984 $137.9 - $7,364 -
1983 $129.4 - $7,955 -
1982 $137.5 - $7,253 -
1981 $121.1 - $6,791 -
1980 $175.5 - $6,545 -
1979 - - $5,968 -
1978 - - $4,794 -
1977 $376 - $5,050 -
1976 $369 - $4,514 -
1975 $362 - $4,669 -
1974 $319 - $5,082 -
1973 $268.6 - $3,629 -
1972 $211.4 - $2,928 -
1971 $205.6 - $2,297 -
1970 $206.8 - $2,489 -
1969 $208.4 - $2,188 -
1968 $211.7 - $1,946 -
1967 $231.9 - $1,734 -
1966 $226.7 - $1,788 -
1965 $217.1 - $1,688 -
1964 $177.8 - $1,625 -
1963 $154.8 - $1,485 -
1962 $132.9 - $1,293 -
1961 - - $1,696 -
1960 - - $1,452 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Equatorial Guinea's GDP per capita is $6,615, ranking 107/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Israel ranks 36th at $57,236.

Economic indicators

Equatorial Guinea Israel
Gross domestic product
$12.8B
2025
$611B
2025
GDP rank
150/197
2025
27/197
2025
GDP growth
-5.85%
2024-2025
2.93%
2024-2025
GDP per capita
$6,615
2025
$60,337
2025
GDP per capita rank
107/197
2025
19/197
2025
GDP per capita, PPP
$17,567
2024
$57,236
2024
GDP per capita PPP rank
106/197
2024
36/197
2024
Government debt
$5.21B
2025
$418B
2025
Debt-to-GDP ratio
40.6%
2025
68.5%
2025
Government debt per person
$2,686
2025
$41,338
2025
Government debt per person rank
109/185
2025
16/185
2025
Average annual personal income after taxes
$4,723
2026
$48,251
2026
Market capitalization of domestic companies n/a
$331B
2024
Number of millionaires n/a
195,000
2026
Number of billionaires n/a
42
2026
Income share by richest 10%
29.1%
2022
27%
2022
Income share by poorest 10%
2.6%
2022
1.8%
2022
Government expenditure, % of GDP
20.7%
2025
43.6%
2025
Consumer prices inflation
2.8%
2024-2025
3.04%
2024-2025
Central bank interest rate n/a
3.75%
2026
Unemployment rate
8.6%
2014
3%
2025
Population
2008950
10334048

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Israel
Government spending Government debt Government spending Government debt
2025 20.7% 40.6% 43.6% 68.5%
2024 18.5% 36.4% 43.7% 67.7%
2023 19.2% 39.1% 39.6% 61.3%
2022 14.8% 29.8% 36.9% 60.3%
2021 12.7% 42.3% 40.1% 67.7%
2020 16.2% 49.4% 44.8% 71.1%
2019 16.8% 43.2% 38.7% 59.3%
2018 19.1% 40.6% 39.2% 60.1%
2017 20.1% 36.2% 38.4% 59.8%
2016 27.8% 41.1% 37.9% 61.7%
2015 41.6% 31.7% 37.6% 62.8%
2014 31.6% 12.6% 38.3% 65.8%
2013 29.3% 6.27% 39.7% 66%
2012 35.2% 7.1% 39.6% 66.9%
2011 27.5% 7.17% 39.3% 67.2%
2010 31.2% 7.89% 39.7% 69%
2009 39.8% 4.34% 41.4% 72.6%
2008 19.9% 0.49% 41.2% 70.2%
2007 19.7% 0.75% 40.2% 70.8%
2006 18.1% 1.22% 41.6% 77.7%
2005 14.1% 2.85% 42.3% 85.2%
2004 15.5% 4.54% 43% 88.3%
2003 11.8% 6.77% 45.4% 89.7%
2002 11.3% 19.4% 50% 87.2%
2001 13.5% 25.5% 46.1% 81.1%
2000 22.6% 36.6% 43.4% 77.2%
1999 18.7% 60.5% 53.6% 94.8%
1998 35.1% 59.2% 55% 101%
1997 14.8% 46.3% 52.6% 99.3%
1996 22.9% 91.2% 53.2% 100.3%
1995 141.5% 136.9% 52.8% 102.3%
1994 510% 216% 41.7% 110.2%
1993 256.3% 152.6% 42.2% 118.3%
1992 595% 136.9% 44.1% 119.6%
1991 284.5% 169.5% 34.4% 123.7%
1990 212.9% 157% 46.8% 138.3%
1989 116.8% 187% 47.5% 147.4%
1988 227.9% 154.5% 46.5% 145.4%
1987 183% 141.3% 52.8% 143.2%
1986 119% 152.5% 55.7% 162.5%
1985 115.4% 183.8% 65.2% 199%
1984 - - - 284%
1983 - - - 260.5%
1982 - - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Equatorial Guinea's government spending was $2.65B, accounting for 20.7% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 40.6% in Equatorial Guinea and 68.5% in Israel, ranking 132/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Israel
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Israel
2025 -2.55% -5.22%
2024 -0.55% -8.07%
2023 2.39% -5.38%
2022 11.7% 0.3%
2021 2.65% -3.37%
2020 -1.77% -10.6%
2019 1.82% -3.79%
2018 0.52% -3.58%
2017 -2.59% -1.17%
2016 -10.9% -1.78%
2015 -15.1% -1.2%
2014 -7.54% -2.28%
2013 -4.4% -4.07%
2012 -7.24% -4.46%
2011 0.83% -3.43%
2010 -4.53% -3.72%
2009 -6.47% -6.53%
2008 14.6% -3.49%
2007 17.2% -0.43%
2006 21.8% -0.94%
2005 18.5% -2.74%
2004 9.22% -3.4%
2003 9.99% -5.03%
2002 17.6% -8.21%
2001 14.9% -4.06%
2000 -2.67% -0.8%
1999 -0.19% -6.26%
1998 -7.65% -7.99%
1997 3.21% -4.84%
1996 -6.36% -5.97%
1995 -123.4% -4.28%
1994 -487% -5.62%
1993 -217.9% -5.62%
1992 -557% -8%
1991 -236% -7.04%
1990 -160.2% -9.67%
1989 -76.2% -9.03%
1988 -208.5% -7.57%
1987 -158% -7.47%
1986 -97.3% -7.51%
1985 -89.3% -14.2%
1984 - -
1983 - -
1982 - -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

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

In 2025, Equatorial Guinea's government deficit, the difference between spending and revenue, was $327M, equivalent to 2.55% of GDP. This compares to Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 41 years, Equatorial Guinea recorded a fiscal deficit in 26 of those years, while Israel ran a deficit in 40 years. On average, Equatorial Guinea posted an annual deficit equal to 57.2% of GDP, compared to deficit of 5.09% of GDP for Israel.

Inflation comparison by year

Inflation
Equatorial Guinea

Israel
1x
Year Consumer prices inflation
Equatorial Guinea Israel
2025 2.8% 3.04%
2024 3.4% 3.07%
2023 2.4% 4.23%
2022 4.9% 4.41%
2021 -0.1% 1.48%
2020 4.8% -0.58%
2019 1.2% 0.82%
2018 1.3% 0.81%
2017 0.7% 0.25%
2016 1.4% -0.54%
2015 1.7% -0.62%
2014 4.3% 0.47%
2013 3.2% 1.59%
2012 3.4% 1.68%
2011 4.8% 3.49%
2010 5.3% 2.7%
2009 5.7% 3.37%
2008 4.7% 4.53%
2007 2.8% 0.47%
2006 4.5% 2.05%
2005 5.6% 1.34%
2004 4.2% -0.42%
2003 7.3% 0.71%
2002 7.6% 5.8%
2001 8.7% 1.12%
2000 4.8% 1.03%
1999 0.4% 5.19%
1998 7.9% 5.49%
1997 3% 8.95%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Equatorial Guinea has recorded an average annual inflation rate of 3.89%, compared with 2.27% in Israel. In 2025, inflation was 2.8% in Equatorial Guinea and 3.04% in Israel.

Top exports between countries

Equatorial Guinea
Export category Export value
Israel
Export category Export value
Machinery & equipment $577K
Textiles & consumer goods $220K
Chemicals & pharma $18K
Processed food, beverages & tobacco $6K
Precious metals & jewellery $5K
Metals $4K
Raw materials & minerals $1K
Wood & paper products $1K

Balance of trade

Equatorial Guinea Israel
Current account balance
-$344M
1996
$8.53B
2025
Current account balance ranking
98/190
1996
26/190
2025
Current account balance, % of GDP
-148%
1996
+1.4%
2025
Goods imports
$292M
1996
$102B
2025
Goods exports
$175M
1996
$76.2B
2025
Service imports
$185M
1996
$53.2B
2025
Service exports
$4.88M
1996
$92.4B
2025
Imports of goods and services, % of GDP
28.4%
2025
25.4%
2025
Exports of goods and services, % of GDP
46.5%
2025
27.6%
2025

Economic freedom indices

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

Equatorial Guinea Israel
Economic freedom 47.4 68.4
Economic freedom ranking 175/197 47/197
Property rights 16.9 73.1
Government integrity 6.9 66.2
Judicial effectiveness 7.2 68.1
Tax burden 81 60.2
Government spending 90.8 52
Fiscal health 97.3 60.8
Business freedom 35.9 72.4
Labor freedom 45.2 56.8
Monetary freedom 73.5 78.2
Trade freedom 43.6 82.8
Investment freedom 40 70
Financial freedom 30 80

Economic freedom comparison by year

Equatorial Guinea
Israel
1x
Year Economic freedom index
Equatorial Guinea Israel
2026 47.4 68.4
2025 47.7 69.9
2024 47.7 70.1
2023 48.3 68.9
2022 47.2 68
2021 49.2 73.8
2020 48.3 74
2019 41 72.8
2018 42 72.2
2017 45 69.7
2016 43.7 70.7
2015 40.4 70.5
2014 44.4 68.4
2013 42.3 66.9
2012 42.8 67.8
2011 47.5 68.5
2010 48.6 67.7
2009 51.3 67.6
2008 51.6 66.3
2007 53.2 64.8
2006 51.5 64.4
2005 53.3 62.6
2004 53.3 61.4
2003 53.1 62.7
2002 46.4 66.9
2001 47.9 66.1
2000 45.6 65.5
1999 45.1 68.3
1998 - 68
1997 - 62.7
1996 - 62
1995 - 61.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Israel
Services, % of GDP
55.5%
2025
72.8%
2024
Industry, % of GDP
41.4%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.21%
2025
1.29%
2024
GNI, Atlas method
$11.4B
2025
$569B
2025
GNI per capita, PPP
$14,610
2025
$58,870
2025
Total reserves including gold
$1.08B
2024
$229B
2025
Total reserves ranking
141/177
2024
18/177
2025
Net foreign direct investment
-$376M
1996
-$11.8B
2025
Net inflows of foreign direct investment
$188M
2024
$14.8B
2024
Net outflows of foreign direct investment
$154M
2024
$9.92B
2024
Poverty at national poverty lines
50.7%
2022
22%
2020
Gross capital formation, % of GDP
-3.68%
2025
24.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2024, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2014–2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, retrieved 2026-07-08)

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.

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.