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Economy of Equatorial Guinea vs Samoa compared: GDP & Debt

Updated on by Georank team

Equatorial Guinea has a GDP of $12.8B compared to $1.18B for Samoa, ranking 148/197 and 185/197 by economy size, respectively.

Equatorial Guinea has $4.65B in government debt (36.4% of GDP), compared to $296M (25.2% of GDP) in Samoa.

Equatorial Guinea vs Samoa GDP by year

Equatorial Guinea
Samoa
1x
Year GDP, current $
Equatorial Guinea Samoa
2024 $12,765,777,677 $1,175,749,786
2023 $12,337,550,584 $1,044,909,500
2022 $13,687,643,436 $889,554,712
2021 $12,215,878,033 $859,724,936
2020 $9,893,816,008 $868,884,903
2019 $11,364,133,550 $912,950,466
2018 $13,097,012,134 $878,448,433
2017 $12,200,913,879 $884,844,384
2016 $11,240,808,848 $843,924,797
2015 $13,185,496,881 $824,150,499
2014 $21,765,453,082 $796,683,520
2013 $21,948,834,284 $797,736,334
2012 $22,388,344,144 $773,141,661
2011 $21,357,343,669 $744,097,050
2010 $16,314,443,436 $680,260,907
2009 $15,027,795,173 $628,006,115
2008 $19,749,893,536 $641,346,192
2007 $13,071,718,759 $573,548,460
2006 $10,086,528,699 $499,923,758
2005 $8,217,369,093 $476,801,793
2004 $4,410,764,339 $407,747,565
2003 $2,484,745,935 $333,426,188
2002 $1,806,742,742 $281,790,134
2001 $1,461,139,022 $266,299,591
2000 $1,045,998,496 $258,856,140
1999 $621,117,886 $255,408,060
1998 $370,687,634 $269,485,244
1997 $442,337,871 $285,475,592
1996 $232,463,023 $249,907,869
1995 $141,853,361 $224,865,731
1994 $100,807,003 $221,098,107
1993 $136,047,906 $133,122,897
1992 $134,707,184 $132,303,041
1991 $110,906,029 $125,597,205
1990 $112,119,411 $125,766,270
1989 $88,265,975 $122,888,610
1988 $100,534,657 $133,016,065
1987 $93,345,860 $111,713,922
1986 $76,407,396 $100,947,849
1985 $62,118,570 $95,572,173
1984 $50,320,914 $109,200,934
1983 $44,442,457 $111,862,824
1982 $44,294,648 $121,221,652
1981 $36,731,423 $118,190,655
1980 $50,642,881 $125,747,038
1979 - $122,257,393
1978 - $108,223,444
1977 $103,987,520 $98,295,671
1976 $103,653,050 $85,003,078
1975 $104,295,643 $93,489,283
1974 $94,159,863 $93,549,611
1973 $81,203,227 $82,452,985
1972 $65,429,198 $62,566,116
1971 $64,946,955 $53,719,569
1970 $66,331,429 $45,208,338
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/samoa | CC BY

GDP per capita in Equatorial Guinea vs Samoa by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Samoa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Samoa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,745 $17,567 $5,393 $8,737
2023 $6,678 $17,412 $4,823 $8,195
2022 $7,589 $18,140 $4,132 $6,909
2021 $6,946 $16,821 $4,022 $6,350
2020 $5,764 $13,677 $4,100 $6,451
2019 $6,804 $16,451 $4,352 $6,638
2018 $8,102 $18,413 $4,232 $6,318
2017 $7,809 $18,435 $4,308 $6,280
2016 $7,453 $16,649 $4,147 $6,141
2015 $9,069 $19,479 $4,084 $5,682
2014 $15,549 $27,177 $3,983 $5,468
2013 $16,304 $27,910 $4,024 $5,387
2012 $17,309 $30,012 $3,935 $5,339
2011 $17,198 $27,242 $3,822 $5,494
2010 $13,720 $26,168 $3,524 $5,229
2009 $13,233 $29,722 $3,279 $4,906
2008 $18,211 $30,523 $3,374 $4,939
2007 $12,617 $26,611 $3,039 $4,713
2006 $10,185 $23,511 $2,663 $4,592
2005 $8,674 $22,137 $2,550 $4,379
2004 $4,901 $19,354 $2,189 $3,997
2003 $2,931 $14,496 $1,798 $3,792
2002 $2,264 $13,255 $1,528 $3,553
2001 $1,949 $11,627 $1,454 $3,335
2000 $1,487 $7,420 $1,425 $3,062
1999 $931 $6,470 $1,417 $2,871
1998 $578 $5,280 $1,506 $2,792
1997 $717 $4,387 $1,608 $2,722
1996 $392 $1,793 $1,419 $2,681
1995 $248.3 $1,098 $1,288 $2,478
1994 $183.2 $951 $1,277 $2,294
1993 $256.7 $828 $775 $2,323
1992 $263.7 $756 $777 $2,198
1991 $225.3 $569 $742 $2,166
1990 $236.4 $577 $744 $2,148
1989 $193.2 - $728 -
1988 $228.7 - $790 -
1987 $220.9 - $666 -
1986 $188.8 - $604 -
1985 $161.1 - $573 -
1984 $137.9 - $655 -
1983 $129.4 - $671 -
1982 $137.5 - $728 -
1981 $121.1 - $713 -
1980 $175.5 - $765 -
1979 - - $751 -
1978 - - $671 -
1977 $376 - $615 -
1976 $369 - $541 -
1975 $362 - $610 -
1974 $319 - $626 -
1973 $268.6 - $563 -
1972 $211.4 - $433 -
1971 $205.6 - $377 -
1970 $206.8 - $322 -
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/samoa | CC BY

Equatorial Guinea's GDP per capita is $6,745, ranking 106/197, compared to $5,393 in Samoa, ranking 117/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Samoa ranks 137th at $8,737.

Economic indicators

Equatorial Guinea Samoa
Gross domestic product
$12.8B
2024
$1.18B
2024
GDP rank
148/197
2024
185/197
2024
GDP growth
0.91%
2023-2024
4.75%
2023-2024
GDP per capita
$6,745
2024
$5,393
2024
GDP per capita rank
106/197
2024
117/197
2024
GDP per capita, PPP
$17,567
2024
$8,737
2024
GDP per capita PPP rank
106/197
2024
137/197
2024
Government debt
$4.65B
2024
$296M
2024
Debt-to-GDP ratio
36.4%
2024
25.2%
2024
Government debt per person
$2,458
2024
$1,357
2024
Government debt per person rank
110/185
2024
135/185
2024
Average annual personal income after taxes
$5,042
2026
$3,750
2026
Income share by richest 10%
29.1%
2022
31.3%
2013
Income share by poorest 10%
2.6%
2022
2.7%
2013
Government expenditure, % of GDP
18.5%
2024
26.3%
2024
Consumer prices inflation
3.4%
2023-2024
2.17%
2023-2024
Central bank interest rate n/a
0.37%
2024
Unemployment rate
8.6%
2014
5.05%
2022
Population
1998075
220932

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Samoa
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Samoa
Government spending Government debt Government spending Government debt
2024 18.5% 36.4% 26.3% 25.2%
2023 19.2% 39.1% 28.8% 31.8%
2022 14.8% 29.8% 31.1% 41%
2021 12.7% 42.3% 34.1% 45.4%
2020 16.2% 49.4% 30.5% 43.2%
2019 16.8% 43.2% 31.8% 44.3%
2018 19.1% 40.6% 30% 49.4%
2017 20.1% 36.2% 30.9% 46.7%
2016 27.8% 41.1% 27.3% 49%
2015 41.6% 31.7% 30.5% 56.4%
2014 31.6% 12.6% 35.3% 54.9%
2013 29.3% 6.27% 30.7% 54.1%
2012 35.2% 7.1% 33.6% 50.9%
2011 27.5% 7.17% 33.7% 41.5%
2010 31.2% 7.89% 29.4% 40.3%
2009 39.8% 4.34% 31.5% 33.3%
2008 19.9% 0.49% 27.7% 28.2%
2007 19.7% 0.75% 31.1% 31.5%
2006 18.1% 1.22% 27.7% 33.5%
2005 14.1% 2.85% 30.6% 34.2%
2004 15.5% 4.54% 27.3% 39.8%
2003 11.8% 6.77% 28.5% 42.8%
2002 11.3% 19.4% 30.7% 50.3%
2001 13.5% 25.5% 30% 53.8%
2000 22.6% 36.6% 30.4% 55.8%
1999 18.7% 60.5% 33.8% 59.4%
1998 35.1% 59.2% 28.1% 58.9%
1997 14.8% 46.3% 31% -
1996 22.9% 91.2% 38.9% -
1995 141.5% 136.9% 42.2% -
1994 510% 216% 54.1% -
1993 256.3% 152.6% 49.5% -
1992 595% 136.9% 43.4% -
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/samoa | CC BY

In 2024, Equatorial Guinea's government spending was $2.36B, accounting for 18.5% of its GDP, while Samoa spent $310M, or 26.3% of GDP.

Debt-to-GDP ratio is 36.4% in Equatorial Guinea and 25.2% in Samoa, ranking 143/185 and 165/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Samoa
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Samoa
2024 -0.55% 9.29%
2023 2.39% 2.7%
2022 11.7% 5.03%
2021 2.65% 1.71%
2020 -1.77% 5.41%
2019 1.82% 1.51%
2018 0.52% 0.06%
2017 -2.59% -1.98%
2016 -10.9% -0.35%
2015 -15.1% -3.79%
2014 -7.54% -5.38%
2013 -4.4% -3.82%
2012 -7.24% -7.43%
2011 0.83% -5.25%
2010 -4.53% -5.49%
2009 -6.47% -2.98%
2008 14.6% -0.36%
2007 17.2% 0.55%
2006 21.8% -0.44%
2005 18.5% 0.23%
2004 9.22% -0.74%
2003 9.99% -0.51%
2002 17.6% -1.77%
2001 14.9% -1.96%
2000 -2.67% -0.62%
1999 -0.19% 0.27%
1998 -7.65% 1.64%
1997 3.21% 1.92%
1996 -6.36% 1.21%
1995 -123.4% -5.82%
1994 -487% -9.51%
1993 -217.9% -13.2%
1992 -557% -9.89%
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/samoa | 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 Samoa's surplus of $109M, or 9.29% of GDP.

Over the past 33 years, Equatorial Guinea recorded a fiscal deficit in 18 of those years, while Samoa ran a deficit in 20 years. On average, Equatorial Guinea posted an annual deficit equal to 39.9% of GDP, compared to deficit of 1.51% of GDP for Samoa.

Inflation comparison by year

Inflation
Equatorial Guinea

Samoa
1x
Year Consumer prices inflation
Equatorial Guinea Samoa
2024 3.4% 2.17%
2023 2.4% 7.92%
2022 4.9% 11%
2021 -0.1% 3.13%
2020 4.8% -1.57%
2019 1.2% 0.98%
2018 1.3% 4.2%
2017 0.7% 1.75%
2016 1.4% 1.3%
2015 1.7% 0.72%
2014 4.3% -0.41%
2013 3.2% 0.61%
2012 3.4% 2.05%
2011 4.8% 5.24%
2010 5.3% 0.78%
2009 5.7% 6.32%
2008 4.7% 11.6%
2007 2.8% 5.58%
2006 4.5% 3.7%
2005 5.6% 1.86%
2004 4.2% 16.3%
2003 7.3% 0.12%
2002 7.6% 8.05%
2001 8.7% 3.84%
2000 4.8% 0.97%
1999 0.4% 0.27%
1998 7.9% 2.22%
1997 3% 6.86%

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/samoa | CC BY

Over the past 28 years, Equatorial Guinea has recorded an average annual inflation rate of 3.93%, compared with 3.84% in Samoa. In 2024, inflation was 3.4% in Equatorial Guinea and 2.17% in Samoa.

Balance of trade

Equatorial Guinea Samoa
Current account balance
-$344M
1996
$65.6M
2024
Current account balance ranking
101/190
1996
72/190
2024
Current account balance, % of GDP
-148%
1996
+5.58%
2024
Goods imports
$292M
1996
$448M
2024
Goods exports
$175M
1996
$42.2M
2024
Service imports
$185M
1996
$128M
2024
Service exports
$4.88M
1996
$327M
2024
Imports of goods and services, % of GDP
25.4%
2024
48.9%
2024
Exports of goods and services, % of GDP
35.2%
2024
30.7%
2024

Economic freedom indices

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

Equatorial Guinea Samoa
Economic freedom 47.4 68
Economic freedom ranking 175/197 52/197
Property rights 16.9 77.1
Government integrity 6.9 64.1
Judicial effectiveness 7.2 77.6
Tax burden 81 79.3
Government spending 90.8 75.2
Fiscal health 97.3 98.7
Business freedom 35.9 63.7
Labor freedom 45.2 73.7
Monetary freedom 73.5 69.4
Trade freedom 43.6 67.2
Investment freedom 40 40
Financial freedom 30 30

Economic freedom comparison by year

Equatorial Guinea
Samoa
1x
Year Economic freedom index
Equatorial Guinea Samoa
2026 47.4 68
2025 47.7 66.6
2024 47.7 67.2
2023 48.3 68.3
2022 47.2 68.3
2021 49.2 61.9
2020 48.3 62.1
2019 41 62.2
2018 42 61.5
2017 45 58.4
2016 43.7 63.5
2015 40.4 61.9
2014 44.4 61.1
2013 42.3 57.1
2012 42.8 60.5
2011 47.5 60.6
2010 48.6 60.4
2009 51.3 59.5
2008 51.6 -
2007 53.2 -
2006 51.5 -
2005 53.3 -
2004 53.3 -
2003 53.1 -
2002 46.4 -
2001 47.9 63.1
2000 45.6 60.8
1999 45.1 58.7
1998 - 49.9
1997 - 51.5
1996 - 47.6

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 68 for Samoa, ranking 52/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Samoa
Services, % of GDP
51.1%
2024
69.4%
2024
Industry, % of GDP
45.8%
2024
10.6%
2024
Agriculture, forestry, and fishing, % of GDP
3.15%
2024
9.8%
2024
GNI, Atlas method
$8.96B
2024
$1.1B
2024
GNI per capita, PPP
$12,330
2024
$8,620
2024
Total reserves including gold
$1.54B
2023
$508M
2024
Total reserves ranking
134/177
2023
155/177
2024
Net foreign direct investment
-$376M
1996
-$1.69M
2024
Net inflows of foreign direct investment
$188M
2024
$3.74M
2024
Net outflows of foreign direct investment
$154M
2024
$2.05M
2024
Servicing debt to the IMF, % of GNI n/a
3.15%
2024
Poverty at national poverty lines
50.7%
2022
21.9%
2018
Gross capital formation, % of GDP
8.96%
2024
29%
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/samoa | 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 (1996–2026, 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)

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.