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Economy of Equatorial Guinea vs Moldova compared: GDP & Debt

Updated on by Georank team

Equatorial Guinea has a GDP of $12.8B compared to $18.2B for Moldova, ranking 148/197 and 134/197 by economy size, respectively.

Equatorial Guinea has $4.65B in government debt (36.4% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Equatorial Guinea vs Moldova GDP by year

Equatorial Guinea
Moldova
1x
Year GDP, current $
Equatorial Guinea Moldova
2024 $12,765,777,677 $18,200,340,854
2023 $12,337,550,584 $16,711,906,746
2022 $13,687,643,436 $14,525,337,524
2021 $12,215,878,033 $13,691,869,264
2020 $9,893,816,008 $11,530,746,234
2019 $11,364,133,550 $11,736,797,055
2018 $13,097,012,134 $11,252,353,421
2017 $12,200,913,879 $9,514,404,016
2016 $11,240,808,848 $7,980,917,076
2015 $13,185,496,881 $7,797,667,197
2014 $21,765,453,082 $9,402,090,138
2013 $21,948,834,284 $9,496,717,876
2012 $22,388,344,144 $8,709,138,635
2011 $21,357,343,669 $8,414,352,020
2010 $16,314,443,436 $6,974,982,370
2009 $15,027,795,173 $5,439,434,272
2008 $19,749,893,536 $6,054,824,248
2007 $13,071,718,759 $4,401,173,152
2006 $10,086,528,699 $3,408,255,451
2005 $8,217,369,093 $2,988,342,907
2004 $4,410,764,339 $2,598,249,556
2003 $2,484,745,935 $1,980,907,435
2002 $1,806,742,742 $1,661,818,168
2001 $1,461,139,022 $1,480,673,594
2000 $1,045,998,496 $1,288,429,392
1999 $621,117,886 $1,170,782,957
1998 $370,687,634 $1,698,717,505
1997 $442,337,871 $1,930,081,169
1996 $232,463,023 $1,695,122,174
1995 $141,853,361 $1,752,999,370
1994 $100,807,003 $1,702,314,268
1993 $136,047,906 $2,371,813,324
1992 $134,707,184 $2,319,243,436
1991 $110,906,029 $3,094,565,871
1990 $112,119,411 $3,592,857,043
1989 $88,265,975 -
1988 $100,534,657 -
1987 $93,345,860 -
1986 $76,407,396 -
1985 $62,118,570 -
1984 $50,320,914 -
1983 $44,442,457 -
1982 $44,294,648 -
1981 $36,731,423 -
1980 $50,642,881 -
1979 - -
1978 - -
1977 $103,987,520 -
1976 $103,653,050 -
1975 $104,295,643 -
1974 $94,159,863 -
1973 $81,203,227 -
1972 $65,429,198 -
1971 $64,946,955 -
1970 $66,331,429 -
1969 $67,225,714 -
1968 $67,514,286 -
1967 $72,317,447 -
1966 $69,110,000 -
1965 $64,748,333 -
1964 $51,915,000 -
1963 $44,266,667 -
1962 $37,253,333 -

Data sources: World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06).

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

GDP per capita in Equatorial Guinea vs Moldova by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,745 $17,567 $7,576 $18,615
2023 $6,678 $17,412 $6,800 $17,747
2022 $7,589 $18,140 $5,744 $16,453
2021 $6,946 $16,821 $5,275 $15,682
2020 $5,764 $13,677 $4,376 $13,527
2019 $6,804 $16,451 $4,405 $13,413
2018 $8,102 $18,413 $4,156 $11,868
2017 $7,809 $18,435 $3,453 $11,252
2016 $7,453 $16,649 $2,847 $10,326
2015 $9,069 $19,479 $2,750 $9,198
2014 $15,549 $27,177 $3,290 $8,643
2013 $16,304 $27,910 $3,321 $8,233
2012 $17,309 $30,012 $3,045 $7,255
2011 $17,198 $27,242 $2,941 $6,833
2010 $13,720 $26,168 $2,437 $6,323
2009 $13,233 $29,722 $1,898 $5,827
2008 $18,211 $30,523 $2,111 $6,153
2007 $12,617 $26,611 $1,531 $5,590
2006 $10,185 $23,511 $1,183 $5,271
2005 $8,674 $22,137 $1,034 $4,866
2004 $4,901 $19,354 $897 $4,378
2003 $2,931 $14,496 $682 $3,960
2002 $2,264 $13,255 $571 $3,633
2001 $1,949 $11,627 $507 $3,311
2000 $1,487 $7,420 $441 $3,045
1999 $931 $6,470 $399 $2,910
1998 $578 $5,280 $579 $2,965
1997 $717 $4,387 $657 $3,136
1996 $392 $1,793 $575 $3,021
1995 $248.3 $1,098 $594 $3,146
1994 $183.2 $951 $574 $3,111
1993 $256.7 $828 $797 $4,394
1992 $263.7 $756 $778 $4,337
1991 $225.3 $569 $1,038 $5,980
1990 $236.4 $577 $1,207 $6,895
1989 $193.2 - - -
1988 $228.7 - - -
1987 $220.9 - - -
1986 $188.8 - - -
1985 $161.1 - - -
1984 $137.9 - - -
1983 $129.4 - - -
1982 $137.5 - - -
1981 $121.1 - - -
1980 $175.5 - - -
1979 - - - -
1978 - - - -
1977 $376 - - -
1976 $369 - - -
1975 $362 - - -
1974 $319 - - -
1973 $268.6 - - -
1972 $211.4 - - -
1971 $205.6 - - -
1970 $206.8 - - -
1969 $208.4 - - -
1968 $211.7 - - -
1967 $231.9 - - -
1966 $226.7 - - -
1965 $217.1 - - -
1964 $177.8 - - -
1963 $154.8 - - -
1962 $132.9 - - -

Data sources: World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06).

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

Equatorial Guinea's GDP per capita is $6,745, ranking 106/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Moldova ranks 100th at $18,615.

Economic indicators

Equatorial Guinea Moldova
Gross domestic product
$12.8B
2024
$18.2B
2024
GDP rank
148/197
2024
134/197
2024
GDP growth
0.91%
2023-2024
0.1%
2023-2024
GDP per capita
$6,745
2024
$7,576
2024
GDP per capita rank
106/197
2024
99/197
2024
GDP per capita, PPP
$17,567
2024
$18,615
2024
GDP per capita PPP rank
106/197
2024
100/197
2024
Government debt
$4.65B
2024
$7.06B
2024
Debt-to-GDP ratio
36.4%
2024
38.8%
2024
Government debt per person
$2,458
2024
$2,938
2024
Government debt per person rank
110/185
2024
102/185
2024
Average annual personal income after taxes
$5,042
2026
$4,291
2026
Income share by richest 10%
29.1%
2022
22.8%
2023
Income share by poorest 10%
2.6%
2022
4.3%
2023
Government expenditure, % of GDP
18.5%
2024
38%
2024
Consumer prices inflation
3.4%
2023-2024
4.68%
2023-2024
Central bank interest rate n/a
6%
2025
Unemployment rate
8.6%
2014
1.43%
2024
Population
1998075
2341166

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Moldova
Government spending Government debt Government spending Government debt
2024 18.5% 36.4% 38% 38.8%
2023 19.2% 39.1% 38.8% 34.9%
2022 14.8% 29.8% 36.6% 35%
2021 12.7% 42.3% 34.6% 33.6%
2020 16.2% 49.4% 36.7% 36.6%
2019 16.8% 43.2% 32% 28.8%
2018 19.1% 40.6% 31.5% 31.8%
2017 20.1% 36.2% 31% 34.9%
2016 27.8% 41.1% 30.5% 39.7%
2015 41.6% 31.7% 31.7% 42.1%
2014 31.6% 12.6% 33.8% 35.4%
2013 29.3% 6.27% 32.4% 30%
2012 35.2% 7.1% 33.7% 31.3%
2011 27.5% 7.17% 32.6% 24.2%
2010 31.2% 7.89% 34.1% 25.5%
2009 39.8% 4.34% 45.3% 32.6%
2008 19.9% 0.49% 41.5% 22.2%
2007 19.7% 0.75% 42.7% 28.3%
2006 18.1% 1.22% 40.3% 35%
2005 14.1% 2.85% 37.1% 40.4%
2004 15.5% 4.54% 34.8% 49.3%
2003 11.8% 6.77% 33.5% 68.1%
2002 11.3% 19.4% 30.7% 80.3%
2001 13.5% 25.5% 29.5% 85.4%
2000 22.6% 36.6% 34% 89.1%
1999 18.7% 60.5% 33% 150.7%
1998 35.1% 59.2% 39.1% 159.4%
1997 14.8% 46.3% 46% 89%
1996 22.9% 91.2% 43.3% 87.5%
1995 141.5% 136.9% 42% 79.5%
1994 510% 216% - -
1993 256.3% 152.6% - -
1992 595% 136.9% - -
1991 284.5% 169.5% - -
1990 212.9% 157% - -
1989 116.8% 187% - -
1988 227.9% 154.5% - -
1987 183% 141.3% - -
1986 119% 152.5% - -
1985 115.4% 183.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

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

In 2024, Equatorial Guinea's government spending was $2.36B, accounting for 18.5% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 36.4% in Equatorial Guinea and 38.8% in Moldova, ranking 143/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Moldova
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Moldova
2024 -0.55% -3.88%
2023 2.39% -5.13%
2022 11.7% -3.24%
2021 2.65% -2.62%
2020 -1.77% -5.32%
2019 1.82% -1.47%
2018 0.52% -0.85%
2017 -2.59% -0.65%
2016 -10.9% -1.56%
2015 -15.1% -1.93%
2014 -7.54% -1.6%
2013 -4.4% -1.57%
2012 -7.24% -1.93%
2011 0.83% -2.05%
2010 -4.53% -2.18%
2009 -6.47% -6.38%
2008 14.6% -0.87%
2007 17.2% 0.15%
2006 21.8% -0.42%
2005 18.5% 1.44%
2004 9.22% 0.59%
2003 9.99% 0.47%
2002 17.6% -1.18%
2001 14.9% -0.34%
2000 -2.67% -3.55%
1999 -0.19% -2.64%
1998 -7.65% -1.52%
1997 3.21% -7.47%
1996 -6.36% -7.42%
1995 -123.4% -2.58%
1994 -487% -
1993 -217.9% -
1992 -557% -
1991 -236% -
1990 -160.2% -
1989 -76.2% -
1988 -208.5% -
1987 -158% -
1986 -97.3% -
1985 -89.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/equatorial-guinea/moldova | 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 Moldova's deficit of $707M, or 3.88% of GDP.

Over the past 30 years, Equatorial Guinea recorded a fiscal deficit in 15 of those years, while Moldova ran a deficit in 26 years. On average, Equatorial Guinea posted an annual deficit equal to 1.82% of GDP, compared to deficit of 2.26% of GDP for Moldova.

Inflation comparison by year

Inflation
Equatorial Guinea

Moldova
1x
Year Consumer prices inflation
Equatorial Guinea Moldova
2024 3.4% 4.68%
2023 2.4% 13.4%
2022 4.9% 28.7%
2021 -0.1% 5.11%
2020 4.8% 3.77%
2019 1.2% 4.84%
2018 1.3% 3.05%
2017 0.7% 6.57%
2016 1.4% 6.36%
2015 1.7% 9.68%
2014 4.3% 5.09%
2013 3.2% 4.6%
2012 3.4% 4.55%
2011 4.8% 7.69%
2010 5.3% 7.48%
2009 5.7% -0.06%
2008 4.7% 12.8%
2007 2.8% 12.4%
2006 4.5% 12.8%
2005 5.6% 12%
2004 4.2% 12.5%
2003 7.3% 11.7%
2002 7.6% 5.3%
2001 8.7% 9.76%
2000 4.8% 31.3%
1999 0.4% 39.3%
1998 7.9% 7.7%
1997 3% 11.8%

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/moldova | CC BY

Over the past 28 years, Equatorial Guinea has recorded an average annual inflation rate of 3.93%, compared with 10.5% in Moldova. In 2024, inflation was 3.4% in Equatorial Guinea and 4.68% in Moldova.

Top exports between countries

Equatorial Guinea
Export category Export value
Moldova
Export category Export value
Animal & marine products $214K

Balance of trade

Equatorial Guinea Moldova
Current account balance
-$344M
1996
-$3.01B
2024
Current account balance ranking
101/190
1996
156/190
2024
Current account balance, % of GDP
-148%
1996
-16.6%
2024
Goods imports
$292M
1996
$8.63B
2024
Goods exports
$175M
1996
$3.01B
2024
Service imports
$185M
1996
$1.8B
2024
Service exports
$4.88M
1996
$2.73B
2024
Imports of goods and services, % of GDP
25.4%
2024
57.3%
2024
Exports of goods and services, % of GDP
35.2%
2024
31.4%
2024

Economic freedom indices

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

Equatorial Guinea Moldova
Economic freedom 47.4 58.1
Economic freedom ranking 175/197 112/197
Property rights 16.9 40.4
Government integrity 6.9 45.1
Judicial effectiveness 7.2 32.4
Tax burden 81 87.9
Government spending 90.8 57.2
Fiscal health 97.3 70.3
Business freedom 35.9 68.3
Labor freedom 45.2 48.1
Monetary freedom 73.5 66
Trade freedom 43.6 76.8
Investment freedom 40 55
Financial freedom 30 50

Economic freedom comparison by year

Equatorial Guinea
Moldova
1x
Year Economic freedom index
Equatorial Guinea Moldova
2026 47.4 58.1
2025 47.7 58.3
2024 47.7 57.1
2023 48.3 58.5
2022 47.2 61.3
2021 49.2 62.5
2020 48.3 62
2019 41 59.1
2018 42 58.4
2017 45 58
2016 43.7 57.4
2015 40.4 57.5
2014 44.4 57.3
2013 42.3 55.5
2012 42.8 54.4
2011 47.5 55.7
2010 48.6 53.7
2009 51.3 54.9
2008 51.6 57.9
2007 53.2 58.7
2006 51.5 58
2005 53.3 57.4
2004 53.3 57.1
2003 53.1 60
2002 46.4 57.4
2001 47.9 54.9
2000 45.6 59.6
1999 45.1 56.1
1998 - 53.5
1997 - 48.9
1996 - 52.5
1995 - 33

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

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

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Moldova
Services, % of GDP
51.1%
2024
62.3%
2024
Industry, % of GDP
45.8%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
3.15%
2024
7.11%
2024
GNI, Atlas method
$8.96B
2024
$16.5B
2024
GNI per capita, PPP
$12,330
2024
$18,710
2024
Total reserves including gold
$1.54B
2023
$5.48B
2024
Total reserves ranking
134/177
2023
96/177
2024
Net foreign direct investment
-$376M
1996
-$360M
2024
Net inflows of foreign direct investment
$188M
2024
$458M
2024
Net outflows of foreign direct investment
$154M
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI n/a
6.22%
2024
Poverty at national poverty lines
50.7%
2022
31.6%
2023
Gross capital formation, % of GDP
8.96%
2024
21.1%
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/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20)
  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)
  9. TradeMap (2024, retrieved 2026-02-08)

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.

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.