Key Market Indicators
Equatorial Guinea's air transport sector is projected to witness a modest increase in traffic over the next five years. Departures are expected to reach approximately 7,470 by 2028, up from around 7,440 in 2023. This growth reflects a compound annual growth rate (CAGR) of just 0.1%. Historical data shows a downward trend in the country's air transport demand, which has been decreasing by about 1.3% annually since 1976. In the global ranking for 2023, Equatorial Guinea stands at 113th place. This ranking was surpassed by Mongolia, which also recorded approximately 7,440 departures. In the same ranking, leading countries include China, India, and Canada, occupying the second, third, and fourth positions, respectively.