Natural resources of Equatorial Guinea
Oil, gas, minerals, forests and water in Equatorial Guinea: what it produces, how it ranks in the world, who mines it and what it earns. Every figure is from an official source and is updated when the source is.
Resource rents, share of GDP (2021)
23.5 %
Resources, share of goods exports (2024)
91.8 %
Crude oil, barrels a day (2025)
76,387
Natural gas, billion cubic metres (2024)
6.7
Source: World Bank; UN Comtrade; U.S. Energy Information Administration. Last checked 24 October 2026.
Oil, gas and coal
Equatorial Guinea produced about 76,387 barrels of crude oil a day in 2025. Proved oil reserves were 1.1 billion barrels in 2021. It produced 6.7 billion cubic metres of natural gas in 2024, and exported 4 billion. Proved gas reserves were 139 billion cubic metres in 2021.
View the data as a table
| Period | Crude oil |
|---|---|
| 2010 | 298 |
| 2011 | 278 |
| 2012 | 289 |
| 2013 | 270 |
| 2014 | 260 |
| 2015 | 250 |
| 2016 | 227 |
| 2017 | 184 |
| 2018 | 172 |
| 2019 | 156 |
| 2020 | 148 |
| 2021 | 133 |
| 2022 | 118 |
| 2023 | 88 |
| 2024 | 87 |
| 2025 | 76 |
Source: U.S. Energy Information Administration, International Energy Data. Last checked 24 October 2026.
View the data as a table
| Period | Production | Exports |
|---|---|---|
| 2010 | 6.7 | 5.2 |
| 2011 | 6.9 | 5.3 |
| 2012 | 7.4 | 5.8 |
| 2013 | 8.4 | 6.1 |
| 2014 | 8.2 | 6.2 |
| 2015 | 7.4 | 5.6 |
| 2016 | 7.9 | 5.6 |
| 2017 | 8.3 | 6.2 |
| 2018 | 7.5 | 4.7 |
| 2019 | 6.0 | 3.9 |
| 2020 | 5.8 | 3.4 |
| 2021 | 6.8 | 3.7 |
| 2022 | 7.8 | 4.9 |
| 2023 | 6.8 | 4.0 |
| 2024 | 6.7 | 4.0 |
Source: U.S. Energy Information Administration, International Energy Data. Last checked 24 October 2026.
Mining and minerals
The U.S. Geological Survey records 3 mineral commodities with published production in Equatorial Guinea between 2019 and 2023, from metals and gemstones to industrial minerals and fuels. The table includes processed products such as cement and steel, which USGS reports alongside raw minerals.
Showing 3 of 3
| Methanol | Mineral Fuels And Related Materials | thousand metric tons | 878 | 827 | 925 | 858 | 1,016 | Not published |
| Natural gas | Mineral Fuels And Related Materials | million cubic meters | 5,693 | 5,139 | 4,787 | 4,911 | 4,260 | Not published |
| Petroleum, crude, including condensate | Mineral Fuels And Related Materials | Not published | 58,400 | 57,828 | 51,100 | 43,400 | 35,000 | 2022: r; 2023: e |
Source: U.S. Geological Survey, Minerals Yearbook, country tables. Last checked 24 October 2026.
What natural resources earn
Natural resource rents were 23.5% of GDP in 2021, with oil the largest part. That ranks Equatorial Guinea 7th of 54 African countries. See all 54.
View the data as a table
| Period | Oil | Natural gas | Minerals | Forests |
|---|---|---|---|---|
| 2010 | 33.0 % | 2.9 % | 0.0 % | 0.4 % |
| 2011 | 33.9 % | 3.4 % | 0.0 % | 0.3 % |
| 2012 | 35.0 % | 3.6 % | 0.0 % | 0.4 % |
| 2013 | 29.0 % | 3.9 % | 0.0 % | 0.4 % |
| 2014 | 22.9 % | 3.7 % | 0.0 % | 0.5 % |
| 2015 | 12.6 % | 4.0 % | 0.0 % | 1.0 % |
| 2016 | 11.7 % | 3.3 % | 0.0 % | 1.4 % |
| 2017 | 16.1 % | 3.9 % | 0.0 % | 1.9 % |
| 2018 | 20.3 % | 5.4 % | 0.0 % | 2.0 % |
| 2019 | 18.8 % | 4.7 % | 0.0 % | 1.9 % |
| 2020 | 10.8 % | 3.7 % | 0.0 % | 2.2 % |
| 2021 | 14.9 % | 6.6 % | 0.0 % | 1.9 % |
| 2022 | Not published | Not published | Not published | Not published |
| 2023 | Not published | Not published | Not published | Not published |
| 2024 | Not published | Not published | Not published | Not published |
| 2025 | Not published | Not published | Not published | Not published |
| 2026 | Not published | Not published | Not published | Not published |
Source: World Bank, World Development Indicators. Last checked 24 October 2026.
Forest, share of land (2024)
86.1 %
Arable land, share of land (2024)
1.9 %
Renewable fresh water per person (2022)
14,416 m³
Source: World Bank, World Development Indicators. Last checked 24 October 2026.
Method and sources
Oil, gas and coal output and coal reserves are from the U.S. Energy Information Administration. Oil and gas proved reserves are the EIA figures republished by Our World in Data; oil is converted from cubic metres to barrels at the standard factor. World production, reserves and ranks are from the U.S. Geological Survey Mineral Commodity Summaries, ranked among the countries USGS names. The full list of commodities and the companies that mine them are from the USGS Minerals Yearbook country tables, which run a few years behind. Rents, land and water are from the World Bank, and export shares from UN Comtrade. Nothing is estimated by us. Figures last checked on 24 October 2026.
USGS country page for Equatorial Guinea. EIA international energy data. World Bank resource rents.
Frequently asked questions
What natural resources does Equatorial Guinea have?
Equatorial Guinea's main natural resources are crude oil and natural gas. Oil, gas and coal made up 90.4% of its goods exports in 2024. The World Bank puts natural resource rents at 23.5% of GDP in 2021, mostly from oil. The U.S. Geological Survey also records production of methanol.
Does Equatorial Guinea produce oil?
Yes. Equatorial Guinea produced about 76,387 barrels of crude oil a day in 2025, according to the U.S. Energy Information Administration. Proved oil reserves were 1.1 billion barrels in 2021.
What is Equatorial Guinea's most valuable natural resource?
By export earnings, oil, gas and coal: 90.4% of goods exports in 2024, according to UN Comtrade (figures reported by Equatorial Guinea's trading partners).
How much do natural resources contribute to Equatorial Guinea's economy?
Natural resource rents, the value of resources extracted minus the cost of extracting them, were 23.5% of GDP in 2021. That ranks Equatorial Guinea 7th of 54 African countries.