Equatorial Guinea GDP Shrinks 5.4% as Obiang Pushes Teodorin to Lead

Economy · Equatorial Guinea

—The stakes. Equatorial Guinea economy is in a deep, hydrocarbon-driven recession with oil output falling for nearly two decades.

—The date. World Bank data show GDP contracted 5.4% in 2025 and is projected to shrink 3.5% annually through 2027.

—The pivot. Malabo is trying to monetize gas and turn underused Punta Europa LNG capacity into a regional processing hub.

—The succession. President Teodoro Obiang Nguema keeps his son, Vice President Teodoro Nguema Obiang, as heir apparent amid reform pressure.