In 2021, Equatorial Guinea's GDP growth rebounded to 1.4 percent after contracting by 4.9 percent in 2020. Inflation of 2.1 percent in 2021 is below the CEMAC criterion of 3 percent, after 4.8 percent in 2020. After the resumption of mining in 2021, the current account deficit has narrowed to 3.6 percent of GDP from 6.3 percent in 2020. Since 2016, foreign exchange reserves have fallen to less than one month of imports, below the 3 months recommended by the BEAC. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
In the end of 2017, the banking sector of the Central African Economic and Monetary Community (CEMAC) (Equatorial Guinea member of the CEMAC) represented a total asset of $ 14 billion.
Credit distributed to private sector in 2017 represents $ 13.4 billion.
Amounts invested by private equity represents $ 11 million.
