Equatorial Guinea recorded a Government Budget deficit equal to 0.90 percent of the country's Gross Domestic Product in 2018. Government Budget in Equatorial Guinea averaged 4.40 percent of GDP from 2002 until 2018, reaching an all time high of 26.20 percent of GDP in 2006 and a record low of -8.60 percent of GDP in 2016.
Government Budget in Equatorial Guinea is expected to be 2.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Equatorial Guinea Government Budget is projected to trend around 1.80 percent of GDP in 2020, according to our econometric models.