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Economy of Equatorial Guinea vs Vietnam compared: GDP & Debt

Updated on by Georank

Equatorial Guinea has a GDP of $12.8B compared to $515B for Vietnam, ranking 150/197 and 33/197 by economy size, respectively.

Equatorial Guinea has $5.21B in government debt (40.6% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Equatorial Guinea vs Vietnam GDP by year

Equatorial Guinea
Vietnam
1x
Year GDP, current $
Equatorial Guinea Vietnam
2025 $12,823,210,426 $514,697,215,165
2024 $13,254,388,261 $476,324,572,784
2023 $12,541,814,273 $433,805,036,898
2022 $13,687,643,436 $413,445,230,669
2021 $12,215,878,033 $366,474,752,771
2020 $9,893,816,008 $346,615,738,538
2019 $11,364,133,550 $334,365,270,497
2018 $13,097,012,134 $310,106,478,395
2017 $12,200,913,879 $281,353,605,987
2016 $11,240,808,848 $257,096,001,178
2015 $13,185,496,881 $239,258,328,382
2014 $21,765,453,082 $233,451,469,643
2013 $21,948,834,284 $213,708,811,665
2012 $22,388,344,144 $195,590,661,129
2011 $21,357,343,669 $172,595,049,184
2010 $16,314,443,436 $147,201,173,197
2009 $15,027,795,173 $106,014,659,565
2008 $19,749,893,536 $99,130,304,099
2007 $13,071,718,759 $77,414,425,532
2006 $10,086,528,699 $66,371,664,817
2005 $8,217,369,093 $57,633,255,738
2004 $4,410,764,339 $45,427,854,693
2003 $2,484,745,935 $39,552,513,232
2002 $1,806,742,742 $35,064,105,501
2001 $1,461,139,022 $32,685,198,809
2000 $1,045,998,496 $31,172,518,403
1999 $621,117,886 $28,683,659,007
1998 $370,687,634 $27,209,602,050
1997 $442,337,871 $26,843,700,442
1996 $232,463,023 $24,657,470,575
1995 $141,853,361 $20,736,164,459
1994 $100,807,003 $16,286,433,533
1993 $136,047,906 $13,180,953,598
1992 $134,707,184 $9,866,990,236
1991 $110,906,029 $9,613,369,520
1990 $112,119,411 $6,471,740,806
1989 $88,265,975 $6,293,304,975
1988 $100,534,657 $25,423,812,649
1987 $93,345,860 $36,658,108,850
1986 $76,407,396 $26,336,616,250
1985 $62,118,570 $14,094,687,821
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 (1962–2025, retrieved 2026-07-08).

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

GDP per capita in Equatorial Guinea vs Vietnam by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,615 - $5,066 -
2024 $7,004 $17,567 $4,717 $16,386
2023 $6,788 $17,412 $4,323 $15,034
2022 $7,589 $18,140 $4,148 $13,905
2021 $6,946 $16,821 $3,704 $12,049
2020 $5,764 $13,677 $3,534 $11,609
2019 $6,804 $16,451 $3,441 $11,029
2018 $8,102 $18,413 $3,222 $10,010
2017 $7,809 $18,435 $2,956 $9,170
2016 $7,453 $16,649 $2,735 $8,375
2015 $9,069 $19,479 $2,578 $7,672
2014 $15,549 $27,177 $2,546 $7,297
2013 $16,304 $27,910 $2,360 $6,758
2012 $17,309 $30,012 $2,185 $6,377
2011 $17,198 $27,242 $1,951 $5,786
2010 $13,720 $26,168 $1,683 $5,389
2009 $13,233 $29,722 $1,226 $5,061
2008 $18,211 $30,523 $1,164 $4,844
2007 $12,617 $26,611 $926 $4,581
2006 $10,185 $23,511 $808 $4,237
2005 $8,674 $22,137 $711 $3,894
2004 $4,901 $19,354 $565 $3,543
2003 $2,931 $14,496 $497 $3,240
2002 $2,264 $13,255 $445 $3,002
2001 $1,949 $11,627 $419 $2,809
2000 $1,487 $7,420 $404 $2,614
1999 $931 $6,470 $376 $2,421
1998 $578 $5,280 $361 $2,308
1997 $717 $4,387 $362 $2,189
1996 $392 $1,793 $337 $2,019
1995 $248.3 $1,098 $287.8 $1,841
1994 $183.2 $951 $229.9 $1,674
1993 $256.7 $828 $189.4 $1,534
1992 $263.7 $756 $144.5 $1,413
1991 $225.3 $569 $143.7 $1,298
1990 $236.4 $577 $98.8 $1,210
1989 $193.2 - $98.1 -
1988 $228.7 - $405 -
1987 $220.9 - $595 -
1986 $188.8 - $436 -
1985 $161.1 - $238.6 -
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 (1962–2025, retrieved 2026-07-08).

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

Equatorial Guinea's GDP per capita is $6,615, ranking 107/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Vietnam ranks 108th at $16,386.

Economic indicators

Equatorial Guinea Vietnam
Gross domestic product
$12.8B
2025
$515B
2025
GDP rank
150/197
2025
33/197
2025
GDP growth
-5.85%
2024-2025
8.02%
2024-2025
GDP per capita
$6,615
2025
$5,066
2025
GDP per capita rank
107/197
2025
122/197
2025
GDP per capita, PPP
$17,567
2024
$16,386
2024
GDP per capita PPP rank
106/197
2024
108/197
2024
Government debt
$5.21B
2025
$156B
2025
Debt-to-GDP ratio
40.6%
2025
30.3%
2025
Government debt per person
$2,686
2025
$1,537
2025
Government debt per person rank
109/185
2025
130/185
2025
Average annual personal income after taxes
$4,723
2026
$5,133
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of billionaires n/a
5
2026
Income share by richest 10%
29.1%
2022
28.1%
2022
Income share by poorest 10%
2.6%
2022
2.6%
2022
Government expenditure, % of GDP
20.7%
2025
22.1%
2025
Consumer prices inflation
2.8%
2024-2025
3.3%
2024-2025
Central bank interest rate n/a
4.5%
2023
Unemployment rate
8.6%
2014
1.53%
2024
Population
2008950
102486146

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Vietnam
Government spending Government debt Government spending Government debt
2025 20.7% 40.6% 22.1% 30.3%
2024 18.5% 36.4% 19.1% 31.2%
2023 19.2% 39.1% 18.8% 34.3%
2022 14.8% 29.8% 18.2% 34.9%
2021 12.7% 42.3% 20.1% 39.2%
2020 16.2% 49.4% 21.3% 41.3%
2019 16.8% 43.2% 19.8% 41%
2018 19.1% 40.6% 20.5% 43.8%
2017 20.1% 36.2% 21.5% 46.6%
2016 27.8% 41.1% 22.2% 47.9%
2015 41.6% 31.7% 24.2% 46.1%
2014 31.6% 12.6% 22.8% 43.6%
2013 29.3% 6.27% 24.5% 41.4%
2012 35.2% 7.1% 23.5% 38.3%
2011 27.5% 7.17% 21.2% 36.2%
2010 31.2% 7.89% 23.7% 37.3%
2009 39.8% 4.34% 25% 36.2%
2008 19.9% 0.49% 21.4% 31%
2007 19.7% 0.75% 22.3% 32.2%
2006 18.1% 1.22% 20.5% 30.2%
2005 14.1% 2.85% 20.6% 28.7%
2004 15.5% 4.54% 19.4% 29.4%
2003 11.8% 6.77% 22.2% 29.8%
2002 11.3% 19.4% 19.7% 27.7%
2001 13.5% 25.5% 19.2% 25.4%
2000 22.6% 36.6% 17.8% 24.8%
1999 18.7% 60.5% 16.7% -
1998 35.1% 59.2% 16% -
1997 14.8% 46.3% - -
1996 22.9% 91.2% - -
1995 141.5% 136.9% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

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

In 2025, Equatorial Guinea's government spending was $2.65B, accounting for 20.7% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 40.6% in Equatorial Guinea and 30.3% in Vietnam, ranking 132/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Vietnam
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Vietnam
2025 -2.55% -2.2%
2024 -0.55% -1.54%
2023 2.39% -1.72%
2022 11.7% 0.67%
2021 2.65% -1.43%
2020 -1.77% -2.86%
2019 1.82% -0.4%
2018 0.52% -1.02%
2017 -2.59% -1.96%
2016 -10.9% -3.16%
2015 -15.1% -4.98%
2014 -7.54% -5.02%
2013 -4.4% -5.96%
2012 -7.24% -5.46%
2011 0.83% -0.9%
2010 -4.53% -2.25%
2009 -6.47% -4.82%
2008 14.6% -0.45%
2007 17.2% -1.74%
2006 21.8% 0.2%
2005 18.5% -0.95%
2004 9.22% -0.15%
2003 9.99% -2.56%
2002 17.6% -1.85%
2001 14.9% -2.19%
2000 -2.67% -1.61%
1999 -0.19% -1.25%
1998 -7.65% -0.1%
1997 3.21% -
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% -
1986 -97.3% -
1985 -89.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/equatorial-guinea/vietnam | 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 Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Equatorial Guinea recorded a fiscal deficit in 14 of those years, while Vietnam ran a deficit in 26 years. On average, Equatorial Guinea posted an annual surplus equal to 2.48% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Equatorial Guinea

Vietnam
1x
Year Consumer prices inflation
Equatorial Guinea Vietnam
2025 2.8% 3.3%
2024 3.4% 3.6%
2023 2.4% 3.3%
2022 4.9% 3.2%
2021 -0.1% 1.8%
2020 4.8% 3.2%
2019 1.2% 2.8%
2018 1.3% 3.5%
2017 0.7% 3.5%
2016 1.4% 2.7%
2015 1.7% 0.6%
2014 4.3% 4.1%
2013 3.2% 6.6%
2012 3.4% 9.1%
2011 4.8% 18.7%
2010 5.3% 10.5%
2009 5.7% 6.7%
2008 4.7% 23.1%
2007 2.8% 8.3%
2006 4.5% 7.5%
2005 5.6% 8.4%
2004 4.2% 7.9%
2003 7.3% 3.3%
2002 7.6% 4.1%
2001 8.7% -0.3%
2000 4.8% -1.8%
1999 0.4% 4.1%
1998 7.9% 7.2%
1997 3% 3.1%

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

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

Over the past 29 years, Equatorial Guinea has recorded an average annual inflation rate of 3.89%, compared with 5.59% in Vietnam. In 2025, inflation was 2.8% in Equatorial Guinea and 3.3% in Vietnam.

Balance of trade

Equatorial Guinea Vietnam
Current account balance
-$344M
1996
$30.2B
2024
Current account balance ranking
98/190
1996
18/190
2024
Current account balance, % of GDP
-148%
1996
+6.33%
2024
Goods imports
$292M
1996
$363B
2024
Goods exports
$175M
1996
$407B
2024
Service imports
$185M
1996
$35.6B
2024
Service exports
$4.88M
1996
$25B
2024
Imports of goods and services, % of GDP
28.4%
2025
92.1%
2025
Exports of goods and services, % of GDP
46.5%
2025
98.2%
2025

Economic freedom indices

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

Equatorial Guinea Vietnam
Economic freedom 47.4 64.4
Economic freedom ranking 175/197 73/197
Property rights 16.9 47.3
Government integrity 6.9 39.2
Judicial effectiveness 7.2 31.3
Tax burden 81 80.9
Government spending 90.8 89.5
Fiscal health 97.3 96.9
Business freedom 35.9 70
Labor freedom 45.2 54.7
Monetary freedom 73.5 73.2
Trade freedom 43.6 79.8
Investment freedom 40 60
Financial freedom 30 50

Economic freedom comparison by year

Equatorial Guinea
Vietnam
1x
Year Economic freedom index
Equatorial Guinea Vietnam
2026 47.4 64.4
2025 47.7 65.2
2024 47.7 62.8
2023 48.3 61.8
2022 47.2 60.6
2021 49.2 61.7
2020 48.3 58.8
2019 41 55.3
2018 42 53.1
2017 45 52.4
2016 43.7 54
2015 40.4 51.7
2014 44.4 50.8
2013 42.3 51
2012 42.8 51.3
2011 47.5 51.6
2010 48.6 49.8
2009 51.3 51
2008 51.6 50.4
2007 53.2 49.8
2006 51.5 50.5
2005 53.3 48.1
2004 53.3 46.1
2003 53.1 46.2
2002 46.4 45.6
2001 47.9 44.3
2000 45.6 43.7
1999 45.1 42.7
1998 - 40.4
1997 - 38.6
1996 - 40.2
1995 - 41.7

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

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

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Vietnam
Services, % of GDP
55.5%
2025
42.7%
2025
Industry, % of GDP
41.4%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
3.21%
2025
11.6%
2025
GNI, Atlas method
$11.4B
2025
$505B
2025
GNI per capita, PPP
$14,610
2025
$17,580
2025
Total reserves including gold
$1.08B
2024
$85.6B
2025
Total reserves ranking
141/177
2024
33/177
2025
Net foreign direct investment
-$376M
1996
-$19.6B
2024
Net inflows of foreign direct investment
$188M
2024
$20.2B
2024
Net outflows of foreign direct investment
$154M
2024
$600M
2024
Servicing debt to the IMF, % of GNI n/a
7.29%
2024
Poverty at national poverty lines
50.7%
2022
4.2%
2022
Gross capital formation, % of GDP
-3.68%
2025
30.8%
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/vietnam | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1962–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2014, 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.

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.