Wage bill as a percentage of GDP in Equatorial Guinea, Republic of

Equatorial Guinea, Republic of: Wage bill as a percentage of GDP was 2.1% in 2022. ◆ Volatile

Latest (2022)
2.1%
Change on year
down 27.5%
World rank
186th
of 190 countries
All-time high
3.4%
in 2020
All-time low
0.6%
in 2008
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Equatorial Guinea, Republic of, 2000–2022

1232000201120222000: 1.62001: 1.42002: 1.82003: 1.32004: 0.9842005: 0.8492006: 0.772007: 0.8382008: 0.6372009: 0.9962010: 0.9642011: 0.7932012: 0.8732013: 12014: 12015: 1.62016: 2.12017: 22018: 2.42019: 2.92020: 3.42021: 2.92022: 2.1

Source: World Bank.

Analysis

In 2022, wage bill as a percentage of gdp in Equatorial Guinea, Republic of stood at 2.1%.

The figure is down 27.5% on the previous year and up 137.8% over ten years.

Over the whole period, wage bill as a percentage of gdp in Equatorial Guinea, Republic of peaked at 3.4% in 2020 and was at its lowest, 0.6%, in 2008.

Equatorial Guinea, Republic of ranks 186th of 190 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% 0.6% 1.8% 10
2010s 1.6% 0.8% 2.9% 10
2020s 2.8% 2.1% 3.4% 3

Countries ranked near Equatorial Guinea, Republic of

  1. 183 Nepal 2.8% compare
  2. 184 Iran, Islamic Republic of 2.8% compare
  3. 185 Sudan 2.8% compare
  4. 187 Nigeria 1.7% compare
  5. 188 Bangladesh 1.6% compare
  6. 189 Venezuela, República Bolivariana de 1.4% compare

See the full ranking of 190 places →

More reference data data for Equatorial Guinea, Republic of

All data for Equatorial Guinea, Republic of →

Frequently asked questions

What is wage bill as a percentage of gdp in Equatorial Guinea, Republic of?
Wage bill as a percentage of gdp in Equatorial Guinea, Republic of was 2.1% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Equatorial Guinea, Republic of?
The highest recorded value was 3.4% in 2020.
What is the lowest wage bill as a percentage of gdp recorded in Equatorial Guinea, Republic of?
The lowest recorded value was 0.6% in 2008.
How does Equatorial Guinea, Republic of rank for wage bill as a percentage of gdp?
Equatorial Guinea, Republic of ranks 186th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Equatorial Guinea, Republic of?
Over the last ten years it is up 137.8%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea, Republic of data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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Wage bill as a percentage of GDP in Equatorial Guinea, Republic of. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/equatorial-guinea/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed