Equatorial Guinea Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Equatorial Guinea's credit to gdp was 1.13% in 2025, ranked 157th globally. This represents a 80.9% decrease from 2024. Data from World Bank, covering 1985–2025.
Overview
Equatorial Guinea's credit to gdp stood at 1.13% in 2025, a decline of +4.78% from 2023. Based on recent trends, this figure is projected to reach 1.13% by 2025. Equatorial Guinea ranked 157th globally.
Equatorial Guinea’s credit‑to‑GDP ratio has collapsed from a high of 38.23 in 1991 to just 1.13 in 2025, placing the country at 157th globally and marking the all‑time trough for the 40‑year series. The precipitous decline reflects a combination of limited domestic financial market development, persistent fiscal imbalances and the outsized influence of the oil sector, which has discouraged diversification of credit sources. By contrast, neighbouring São Tomé and Principe maintains a modestly higher ratio of 1.59, while Sudan, at 2.74, illustrates how other sub‑Saharan economies with larger formal banking sectors can sustain greater leverage despite comparable macro‑economic challenges. The early 1990s peak coincided with a brief surge in external borrowing linked to high oil prices, but subsequent periods of political instability and volatile commodity revenues eroded the country’s credit capacity. If structural reforms expand banking depth, improve fiscal discipline and attract non‑oil investment, the credit‑to‑GDP trajectory could stabilize and gradually rise from its current trough.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2026* trend | -1.21% | - | - |
| 2025* trend | 1.13% | - | - |
| 2025 | 1.13% | −4.78% | #157 |
| 2023 | 5.91% | −2.17% | #5 |
| 2022 | 8.08% | −2.37% | #7 |
| 2021 | 10.45% | −2.42% | #16 |
| 2020 | 12.87% | −2.37% | #18 |
| 2019 | 15.24% | +1.05% | #31 |
| 2018 | 14.19% | +0.07% | #27 |
| 2017 | 14.12% | −0.83% | #24 |
| 2016 | 14.95% | +2.42% | #25 |
| 2015 | 12.53% | +4.42% | #16 |
| 2014 | 8.11% | +1.25% | #8 |
| 2013 | 6.86% | +2.03% | #8 |
| 2012 | 4.83% | −1.57% | #7 |
| 2011 | 6.41% | +0.33% | #8 |
| 2010 | 6.08% | +0.76% | #8 |
Detected Pattern
Analysis
Equatorial Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Equatorial Guinea's credit to gdp was 1.13% in 2025. Ranked 157th globally. This represents a 80.9% decrease from the previous year.
Equatorial Guinea's credit to gdp peaked at 38.23% in 1991.
The lowest credit to gdp in Equatorial Guinea was 1.13% in 2025.
Equatorial Guinea ranks 157th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Equatorial Guinea's credit to gdp is projected to reach 1.13% by 2025 based on trend extrapolation.
The credit to gdp of Equatorial Guinea in 2025 was 1.13%. This ranks 157th in the world.
Cite this page
@misc{historysaid_equatorial-guinea_credit-to-gdp,
title = {Equatorial Guinea Credit to GDP},
url = {https://historysaid.com/equatorial-guinea/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}