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Analysis by Region - Emerging Markets - Equatorial Guinea

Publisher Oxford Economics
Published Oct 16, 2025
Length 1 Pages
SKU # OFE20536002

Description

We have revised our 2025 economic growth forecast for Equatorial Guinea. We now expect real GDP to contract by 1.1% (down from our previous forecast of a 0.2% decline). The slowdown in the hydrocarbon sector, which accounts for approximately 80% of export revenues, has continued to suppress economic activity. The Energy Information Administration reports that oil output fell to 85,000 barrels per day (bpd) in October from 87,000 bpd in January this year, continuing the downward trend from 98,000 bpd in January 2024. The sustained decline in oil output is compounded by the unexpectedly large drop in the oil price this year. Brent crude is now forecast to fall by 13.3% this year, averaging $69.8 pb, with an additional 7.9% drop to an average of $64.3 pb expected in 2026 before gaining traction again in 2027.

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1 Pages
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