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Economy of Equatorial Guinea vs Pakistan compared: GDP & Debt

Updated on by Georank team

Equatorial Guinea has a GDP of $12.8B compared to $372B for Pakistan, ranking 148/197 and 43/197 by economy size, respectively.

Equatorial Guinea has $4.65B in government debt (36.4% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Equatorial Guinea vs Pakistan GDP by year

Equatorial Guinea
Pakistan
1x
Year GDP, current $
Equatorial Guinea Pakistan
2024 $12,765,777,677 $371,570,000,121
2023 $12,337,550,584 $336,686,348,609
2022 $13,687,643,436 $374,890,295,667
2021 $12,215,878,033 $348,516,647,445
2020 $9,893,816,008 $300,425,609,818
2019 $11,364,133,550 $320,909,472,771
2018 $13,097,012,134 $356,128,166,705
2017 $12,200,913,879 $339,205,534,861
2016 $11,240,808,848 $313,630,000,130
2015 $13,185,496,881 $299,963,590,535
2014 $21,765,453,082 $271,390,474,858
2013 $21,948,834,284 $258,657,231,672
2012 $22,388,344,144 $250,106,966,105
2011 $21,357,343,669 $230,586,581,060
2010 $16,314,443,436 $196,709,621,850
2009 $15,027,795,173 $187,337,783,856
2008 $19,749,893,536 $202,203,748,584
2007 $13,071,718,759 $184,140,869,997
2006 $10,086,528,699 $161,871,385,506
2005 $8,217,369,093 $145,208,562,961
2004 $4,410,764,339 $132,216,048,339
2003 $2,484,745,935 $112,371,913,741
2002 $1,806,742,742 $97,923,302,809
2001 $1,461,139,022 $97,145,618,480
2000 $1,045,998,496 $99,484,802,345
1999 $621,117,886 $62,973,857,069
1998 $370,687,634 $62,191,955,814
1997 $442,337,871 $62,433,340,468
1996 $232,463,023 $63,320,170,084
1995 $141,853,361 $60,636,071,684
1994 $100,807,003 $52,293,470,813
1993 $136,047,906 $51,809,999,353
1992 $134,707,184 $48,884,671,947
1991 $110,906,029 $45,625,336,680
1990 $112,119,411 $40,010,423,970
1989 $88,265,975 $40,171,106,279
1988 $100,534,657 $38,472,742,808
1987 $93,345,860 $33,351,529,275
1986 $76,407,396 $31,899,070,056
1985 $62,118,570 $31,144,920,844
1984 $50,320,914 $31,151,825,467
1983 $44,442,457 $28,691,889,764
1982 $44,294,648 $30,725,971,564
1981 $36,731,423 $28,100,606,061
1980 $50,642,881 $23,654,444,444
1979 - $19,688,383,838
1978 - $17,811,515,152
1977 $103,987,520 $15,126,060,606
1976 $103,653,050 $13,168,080,808
1975 $104,295,643 $11,230,606,061
1974 $94,159,863 $8,899,191,919
1973 $81,203,227 $6,383,429,490
1972 $65,429,198 $9,415,016,360
1971 $64,946,955 $10,665,896,682
1970 $66,331,429 $10,027,509,450
1969 $67,225,714 $8,683,116,338
1968 $67,514,286 $8,041,999,160
1967 $72,317,447 $7,464,510,710
1966 $69,110,000 $6,561,108,778
1965 $64,748,333 $5,929,231,415
1964 $51,915,000 $5,204,955,901
1963 $44,266,667 $4,630,827,383
1962 $37,253,333 $4,310,163,797
1961 - $4,118,647,627
1960 - $3,749,265,015

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

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

GDP per capita in Equatorial Guinea vs Pakistan by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,745 $17,567 $1,479 $6,252
2023 $6,678 $17,412 $1,360 $6,014
2022 $7,589 $18,140 $1,538 $5,920
2021 $6,946 $16,821 $1,455 $5,367
2020 $5,764 $13,677 $1,278 $5,048
2019 $6,804 $16,451 $1,390 $5,038
2018 $8,102 $18,413 $1,569 $4,979
2017 $7,809 $18,435 $1,519 $4,790
2016 $7,453 $16,649 $1,425 $4,631
2015 $9,069 $19,479 $1,380 $4,480
2014 $15,549 $27,177 $1,267 $4,313
2013 $16,304 $27,910 $1,225 $4,174
2012 $17,309 $30,012 $1,204 $4,047
2011 $17,198 $27,242 $1,132 $3,880
2010 $13,720 $26,168 $987 $3,786
2009 $13,233 $29,722 $964 $3,777
2008 $18,211 $30,523 $1,067 $3,721
2007 $12,617 $26,611 $998 $3,672
2006 $10,185 $23,511 $901 $3,515
2005 $8,674 $22,137 $828 $3,293
2004 $4,901 $19,354 $772 $3,048
2003 $2,931 $14,496 $672 $2,822
2002 $2,264 $13,255 $600 $2,688
2001 $1,949 $11,627 $610 $2,644
2000 $1,487 $7,420 $642 $2,565
1999 $931 $6,470 $418 $2,475
1998 $578 $5,280 $424 $2,419
1997 $717 $4,387 $438 $2,398
1996 $392 $1,793 $457 $2,401
1995 $248.3 $1,098 $451 $2,315
1994 $183.2 $951 $400 $2,224
1993 $256.7 $828 $408 $2,160
1992 $263.7 $756 $396 $2,132
1991 $225.3 $569 $380 $1,992
1990 $236.4 $577 $344 $1,895
1989 $193.2 - $358 -
1988 $228.7 - $354 -
1987 $220.9 - $317 -
1986 $188.8 - $314 -
1985 $161.1 - $317 -
1984 $137.9 - $327 -
1983 $129.4 - $311 -
1982 $137.5 - $345 -
1981 $121.1 - $328 -
1980 $175.5 - $287.4 -
1979 - - $249.2 -
1978 - - $233.4 -
1977 $376 - $204.7 -
1976 $369 - $183.9 -
1975 $362 - $161.7 -
1974 $319 - $132 -
1973 $268.6 - $97.5 -
1972 $211.4 - $148.1 -
1971 $205.6 - $172.5 -
1970 $206.8 - $166.7 -
1969 $208.4 - $148.5 -
1968 $211.7 - $141.6 -
1967 $231.9 - $135.2 -
1966 $226.7 - $122.2 -
1965 $217.1 - $113.6 -
1964 $177.8 - $102.5 -
1963 $154.8 - $93.7 -
1962 $132.9 - $89.5 -
1961 - - $87.8 -
1960 - - $82 -

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

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

Equatorial Guinea's GDP per capita is $6,745, ranking 106/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Pakistan ranks 150th at $6,252.

Economic indicators

Equatorial Guinea Pakistan
Gross domestic product
$12.8B
2024
$372B
2024
GDP rank
148/197
2024
43/197
2024
GDP growth
0.91%
2023-2024
3.05%
2023-2024
GDP per capita
$6,745
2024
$1,479
2024
GDP per capita rank
106/197
2024
163/197
2024
GDP per capita, PPP
$17,567
2024
$6,252
2024
GDP per capita PPP rank
106/197
2024
150/197
2024
Government debt
$4.65B
2024
$262B
2024
Debt-to-GDP ratio
36.4%
2024
70.4%
2024
Government debt per person
$2,458
2024
$1,041
2024
Government debt per person rank
110/185
2024
140/185
2024
Average annual personal income after taxes
$5,042
2026
$1,668
2026
Market capitalization of domestic companies n/a
$52.1B
2024
Income share by richest 10%
29.1%
2022
25.5%
2018
Income share by poorest 10%
2.6%
2022
4.2%
2018
Government expenditure, % of GDP
18.5%
2024
19.5%
2024
Consumer prices inflation
3.4%
2023-2024
12.6%
2023-2024
Central bank interest rate n/a
10.5%
2025
Unemployment rate
8.6%
2014
6.96%
2025
Population
1998075
260356147

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Pakistan
Government spending Government debt Government spending Government debt
2024 18.5% 36.4% 19.5% 70.4%
2023 19.2% 39.1% 19.3% 78.5%
2022 14.8% 29.8% 20% 77.3%
2021 12.7% 42.3% 18.5% 74.7%
2020 16.2% 49.4% 20.3% 80.8%
2019 16.8% 43.2% 19.1% 78.7%
2018 19.1% 40.6% 19.1% 66.3%
2017 20.1% 36.2% 19.1% 62.1%
2016 27.8% 41.1% 17.7% 62.1%
2015 41.6% 31.7% 17.8% 59.1%
2014 31.6% 12.6% 18.1% 58.8%
2013 29.3% 6.27% 19.5% 59.2%
2012 35.2% 7.1% 19.4% 58.4%
2011 27.5% 7.17% 17.9% 56.2%
2010 31.2% 7.89% 18.3% 56.7%
2009 39.8% 4.34% 17.3% 54.6%
2008 19.9% 0.49% 18% 49.5%
2007 19.7% 0.75% 16.1% 44.2%
2006 18.1% 1.22% 14.5% 46.2%
2005 14.1% 2.85% 13% 47.9%
2004 15.5% 4.54% 12.1% 50.6%
2003 11.8% 6.77% 12.9% 56.3%
2002 11.3% 19.4% 14.4% 60.5%
2001 13.5% 25.5% 12.9% 65.1%
2000 22.6% 36.6% 13.8% 61.7%
1999 18.7% 60.5% 13.2% 60.7%
1998 35.1% 59.2% 14.1% 53.8%
1997 14.8% 46.3% 13.7% 52.8%
1996 22.9% 91.2% 15% 52.5%
1995 141.5% 136.9% 14% 52.3%
1994 510% 216% 14.5% 58.5%
1993 256.3% 152.6% 17% 57.9%
1992 595% 136.9% 22.6% 53.3%
1991 284.5% 169.5% 21.4% 55.8%
1990 212.9% 157% 23.9% 48.3%
1989 116.8% 187% 26.1% 46.6%
1988 227.9% 154.5% 27.9% 45%
1987 183% 141.3% 29.5% 44.4%
1986 119% 152.5% 27.6% 43.1%
1985 115.4% 183.8% 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

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

In 2024, Equatorial Guinea's government spending was $2.36B, accounting for 18.5% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 36.4% in Equatorial Guinea and 70.4% in Pakistan, ranking 143/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Pakistan
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Pakistan
2024 -0.55% -6.81%
2023 2.39% -7.76%
2022 11.7% -7.84%
2021 2.65% -6.04%
2020 -1.77% -7.03%
2019 1.82% -7.79%
2018 0.52% -5.67%
2017 -2.59% -5.17%
2016 -10.9% -3.92%
2015 -15.1% -4.74%
2014 -7.54% -4.37%
2013 -4.4% -7.48%
2012 -7.24% -7.74%
2011 0.83% -6.23%
2010 -4.53% -5.42%
2009 -6.47% -4.53%
2008 14.6% -5.94%
2007 17.2% -4.23%
2006 21.8% -2.79%
2005 18.5% -2.29%
2004 9.22% -1.29%
2003 9.99% -0.12%
2002 17.6% -2.64%
2001 14.9% -2.45%
2000 -2.67% -3.21%
1999 -0.19% -3.07%
1998 -7.65% -4.46%
1997 3.21% -3.87%
1996 -6.36% -4.33%
1995 -123.4% -3.9%
1994 -487% -3.63%
1993 -217.9% -5.53%
1992 -557% -11.3%
1991 -236% -10.8%
1990 -160.2% -11.9%
1989 -76.2% -7.01%
1988 -208.5% -9.35%
1987 -158% -11.7%
1986 -97.3% -9.79%
1985 -89.3% -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

GeoRank.org/economy/equatorial-guinea/pakistan | 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 Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 40 years, Equatorial Guinea recorded a fiscal deficit in 25 of those years, while Pakistan ran a deficit in 40 years. On average, Equatorial Guinea posted an annual deficit equal to 58.6% of GDP, compared to deficit of 5.87% of GDP for Pakistan.

Inflation comparison by year

Inflation
Equatorial Guinea

Pakistan
1x
Year Consumer prices inflation
Equatorial Guinea Pakistan
2024 3.4% 12.6%
2023 2.4% 30.8%
2022 4.9% 19.9%
2021 -0.1% 9.5%
2020 4.8% 9.74%
2019 1.2% 10.6%
2018 1.3% 5.08%
2017 0.7% 4.09%
2016 1.4% 3.77%
2015 1.7% 2.53%
2014 4.3% 7.19%
2013 3.2% 7.69%
2012 3.4% 9.68%
2011 4.8% 11.9%
2010 5.3% 12.9%
2009 5.7% 13.6%
2008 4.7% 20.3%
2007 2.8% 7.6%
2006 4.5% 7.92%
2005 5.6% 9.06%
2004 4.2% 7.44%
2003 7.3% 2.91%
2002 7.6% 3.29%
2001 8.7% 3.15%
2000 4.8% 4.37%
1999 0.4% 4.14%
1998 7.9% 6.23%
1997 3% 11.4%

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/pakistan | CC BY

Over the past 28 years, Equatorial Guinea has recorded an average annual inflation rate of 3.93%, compared with 9.26% in Pakistan. In 2024, inflation was 3.4% in Equatorial Guinea and 12.6% in Pakistan.

Top exports between countries

Equatorial Guinea
Export category Export value
Pakistan
Export category Export value
Processed food, beverages & tobacco $926K
Raw agricultural goods $323K
Machinery & equipment $216K
Chemicals & pharma $81K
Metals $67K
Animal & marine products $27K
Textiles & consumer goods $3K

Balance of trade

Equatorial Guinea Pakistan
Current account balance
-$344M
1996
$496M
2024
Current account balance ranking
101/190
1996
63/190
2024
Current account balance, % of GDP
-148%
1996
+0.13%
2024
Goods imports
$292M
1996
$55.6B
2024
Goods exports
$175M
1996
$32.1B
2024
Service imports
$185M
1996
$11.2B
2024
Service exports
$4.88M
1996
$8.1B
2024
Imports of goods and services, % of GDP
25.4%
2024
17.2%
2024
Exports of goods and services, % of GDP
35.2%
2024
10.4%
2024

Economic freedom indices

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

Equatorial Guinea Pakistan
Economic freedom 47.4 48.9
Economic freedom ranking 175/197 168/197
Property rights 16.9 25.7
Government integrity 6.9 26.3
Judicial effectiveness 7.2 27.6
Tax burden 81 78.2
Government spending 90.8 88.5
Fiscal health 97.3 10.1
Business freedom 35.9 54.4
Labor freedom 45.2 51.7
Monetary freedom 73.5 54.1
Trade freedom 43.6 70.4
Investment freedom 40 60
Financial freedom 30 40

Economic freedom comparison by year

Equatorial Guinea
Pakistan
1x
Year Economic freedom index
Equatorial Guinea Pakistan
2026 47.4 48.9
2025 47.7 49.1
2024 47.7 49.5
2023 48.3 49.4
2022 47.2 48.8
2021 49.2 51.7
2020 48.3 54.8
2019 41 55
2018 42 54.4
2017 45 52.8
2016 43.7 55.9
2015 40.4 55.6
2014 44.4 55.2
2013 42.3 55.1
2012 42.8 54.7
2011 47.5 55.1
2010 48.6 55.2
2009 51.3 57
2008 51.6 55.6
2007 53.2 57.2
2006 51.5 57.9
2005 53.3 53.3
2004 53.3 54.9
2003 53.1 55
2002 46.4 55.8
2001 47.9 56
2000 45.6 56.4
1999 45.1 53
1998 - 53.2
1997 - 56
1996 - 58.4
1995 - 57.6

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

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

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Pakistan
Services, % of GDP
51.1%
2024
50.7%
2024
Industry, % of GDP
45.8%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.15%
2024
23.7%
2024
GNI, Atlas method
$8.96B
2024
$358B
2024
GNI per capita, PPP
$12,330
2024
$6,100
2024
Total reserves including gold
$1.54B
2023
$18.4B
2024
Total reserves ranking
134/177
2023
63/177
2024
Net foreign direct investment
-$376M
1996
-$2.58B
2024
Net inflows of foreign direct investment
$188M
2024
$2.66B
2024
Net outflows of foreign direct investment
$154M
2024
$84M
2024
Servicing debt to the IMF, % of GNI n/a
4.5%
2024
Poverty at national poverty lines
50.7%
2022
21.9%
2018
Gross capital formation, % of GDP
8.96%
2024
13.2%
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/pakistan | CC BY

Compare countries by 7 more topics

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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 (1950–1993, 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. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.