Historical dataset showing Equatorial Guinea poverty rate by year from 2022 to 2022.

Equatorial Guinea: Poverty ratio, percent living on less than 1.90 USD a day: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Equatorial Guinea from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Seychelles recorded the highest Gross National Income (GNI) per capita in Africa as of 2023, at 16,940 U.S. dollars. The African island was, therefore, the only high-income country on the continent, according to the source's classification. Mauritius, Gabon, Botswana, Libya, South Africa, Equatorial Guinea, Algeria, and Namibia were defined as upper-middle-income economies, those with a GNI per capita between 4,516 U.S. dollars and 14,005 U.S. dollars. On the opposite, 20 African countries recorded a GNI per capita below 1,145 U.S. dollars, being thus classified as low-income economies. Among them, Burundi presented the lowest income per capita, some 230 U.S. dollars. Poverty and population growth in Africa Despite a few countries being in the high income and upper-middle countries classification, Africa had a significant number of people living under extreme poverty. However, this number is expected to decline gradually in the upcoming years, with experts forecasting that this number will decrease to almost 400 million individuals by 2030 from nearly 430 million in 2023, despite the continent currently having the highest population growth rate globally. African economic growth and prosperity In recent years, Africa showed significant growth in various industries, such as natural gas production, clean energy generation, and services exports. Furthermore, it is forecast that the GDP growth rate would reach 4.5 percent by 2027, keeping the overall positive trend of economic growth in the continent.

Somalia was the African country with the highest fertility rate in 2023. There, each woman had an average of around 6.1 children in her reproductive years. Fertility levels in Africa remain high despite a steady decline The fertility rate in Africa has gradually decreased since 2000 and is projected to decline further in the coming years. Factors including improved socio-economic conditions and educational opportunities, lower infant mortality, and decreasing poverty levels have driven the declining birth rate on the continent. Nevertheless, Africa remains the continent with the highest fertility rate worldwide. As of 2023, women in Africa had an average of 4.07 children in their reproductive years. Africa was the only continent registering a fertility rate higher than the global average, which was set at 2.4 children per woman. Worldwide, the continent also had the highest adolescent fertility rate as of 2022, with West and Central Africa leading with 105 births per 1,000 girls aged 15 to 19 years. Africa’s population keeps growing According to projections, over 46 million births will be registered in Africa in 2023. Contrary to the declining fertility rate, the absolute number of births on the continent will continue to grow in the coming years to reach around 49.4 million by 2030. In general, Africa’s population – amounting to over 1.48 billion inhabitants as of 2023 – is forecast to increase considerably and achieve 2.5 billion in 2050. Countries such as Niger, Angola, and Equatorial Guinea are key drivers of population growth in Africa, registering the highest average population growth rate on the continent between 2020 and 2025. For instance, in that period, Niger’s population was forecast to expand by 3.7 percent each year.