Equatorial Guinea—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #134 of 139Series years: 2006–2022
Latest Value
6.6%
2022
YoY Change
+22.3%
2021 → 2022
Global Rank
#134
of 139 countries
Maximum
12.8%
2009
Minimum
5.4%
2021
CAGR
-2.4%
17 years
Last
6.6%
Previous
5.4%
Highest
12.8%
Lowest
5.4%
Unit
% of GDP
Source
World Bank World Development Indicators
Equatorial Guinea's tax revenue (% of GDP) was 6.6% in 2022, ranking #134 out of 139 countries. This represents a +22.3% change from 2021. Over the past 17 years, the highest recorded value was 12.8% (2009) and the lowest was 5.4% (2021). Data sourced from the World Bank World Development Indicators.
Equatorial Guinea — Tax Revenue (% of GDP): 6.5959868257378 % of GDP for reference year 2022. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 6.6% | +22.3% |
| 2021 | 5.4% | -32.7% |
| 2020 | 8.0% | -13.9% |
| 2019 | 9.3% | +50.8% |
| 2018 | 6.2% | +3.1% |
| 2017 | 6.0% | -6.3% |
| 2016 | 6.4% | -44.3% |
| 2015 | 11.5% | +38.1% |
| 2014 | 8.3% | -2.6% |
| 2013 | 8.5% | -2.6% |
| 2012 | 8.7% | +24.6% |
| 2011 | 7.0% | -7.5% |
| 2010 | 7.6% | -40.6% |
| 2009 | 12.8% | +63.9% |
| 2008 | 7.8% | +3.2% |
| 2007 | 7.5% | -21.9% |
| 2006 | 9.7% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lesotho | 35.4% | 2024 |
| 2 | Namibia | 33.9% | 2024 |
| 3 | Denmark | 33.4% | 2024 |
| 4 | New Zealand | 29.5% | 2024 |
| 5 | Luxembourg | 28.6% | 2024 |
| 6 | Macao SAR, China | 27.4% | 2024 |
| 7 | Greece | 27.4% | 2024 |
| 8 | Sweden | 27.2% | 2024 |
| 9 | United Kingdom | 26.9% | 2024 |
| 10 | South Africa | 25.9% | 2024 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
% of GDP