Official Name: | The Republic of Equatorial Guinea |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic |
Official Name (Local Language): | Republica de Guinea Ecuatorial; Republique de Guinee Equatoriale |
ISO Country Codes: | GQ : GNQ |
Internet Domain: | .gq |
Government Web Site: | https://www.guineaecuatorialpress.com/?lang=en |
Capital: | Malabo | Main Airports: | Saint Isabel Airport |
Language(s): | Spanish | Population: | 857,008 |
Currency: | CFA Franc BEAC | ISO Currency Code: | XAF |
Telephone Dial In: | +240 | ID Prefix: | 00 |
Government Website: | https://www.guineaecuatorialpress.com/?lang=en |
Central Bank: | Banque des États de l'Afrique Centrale |
Currency USD Exchange Rate: | 605.3 Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar (2017 est.) |
Unemployment Rate: | 8.6% (2014 est.) |
Population below poverty line: | 44% (2011 est.) |
Inflation Rate: | 1.2% (2019 est.) |
Prime Lending Rate: | 15% (31-Dec-17 - Photius) |
GDP: | $10.634 billion (2019 est.) |
GDP Pro Capita (PPP): | $18,558 (2019 est.) |
Currency Name: | CFA Franc BEAC |
Currency Code: | XAF |
World Bank Classification: | Upper Middle Income |
GDP Composition:
Agriculture: | 8.8% | coffee, cocoa, rice, yams, cassava (manioc, tapioca), bananas, palm oil nuts; livestock; timber |
Industry: | 71.7% | petroleum, natural gas, sawmilling |
Services: | 16.5% |
Subject to Country Specific Sanctions? NO
Business Language(s): | Spanish |
Development Bank(s): | African Development Bank; |
Competitive Ind’l Performance: N/A | Corruption Perceptions Index: 174/180 (2020) |
Ease of Doing Business: 178/190 (2019) | Enabling Trade Index: N/A |
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Export Credit Agency: Caribbean Export Development Agency ;
Imports:
$6.245 billion (2019 est.)
Main Imports:
petroleum sector equipment, other equipment, construction materials, vehicles
Exports:
$8.776 billion (2019 est.)
Main Exports:
petroleum products, timber
Top Export Partners:
China 17.2%
South Korea 15.6%
Spain 9.4%
Brazil 8.5%
Netherlands 7.1%
Top Import Partners:
Netherlands 17%
Spain 16.5%
China 15%
US 9%
Cote dIvoire 6%
Source: Central Intelligence Agency Factbook
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