Mean Drought Index (projected change, unitless) for Equatorial Guinea

Indicator Definition:
The Standardized Precipitation Evapotranspiration Index (SPEI), or Mean Drought Index, calculated for a 12-month period, has been found to be closely related to drought impacts on ecosystems, crop, and water resources. The SPEI is designed to take into account both precipitation and potential evapotranspiration (PET) in determining drought.

The indicator "Mean Drought Index (projected change, unitless)" stands at -0.9329 as of 12/31/2023.
Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.5345 compared to the value the year prior.
The Serie's long term average value is -0.248. It's latest available value, on 12/31/2023, is -0.685 lower, compared to it's long term average value.
The Serie's change from it's minimum value, on 12/31/2015, to it's latest available value, on 12/31/2023, is +1.92 .
The Serie's change from it's maximum value, on 12/31/2007, to it's latest available value, on 12/31/2023, is -4.01 .