🇬🇶 Equatorial Guinea

Equatorial Guinea is a republic in Africa, home to 722,000 people, with its capital at Malabo.

Overview

Overview

Equatorial Guinea at a glance

Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President Teodoro Obiang NGUEMA MBASOGO has ruled the country since 1979 when he seized power in a coup. Although nominally a constitutional democracy since 1991, the 1996, 2002, and 2009 presidential elections - as well as the 1999, 2004, 2008, and 2013 legislative elections - were widely seen as flawed. The president exerts almost total control over the political system and has discouraged political opposition. …

Population
722.3K
#166 World#51 Africa
GDP (PPP)
$19.7B
#135 World#28 Africa
GDP per Capita
$25.7K
#57 World#2 Africa
Area
28.1Kkm²
#145 World#45 Africa
National Infrastructure

🇬🇶 Equatorial Guinea’s critical and strategic infrastructure, sustaining output, agility and endurance

The National Infrastructure Index maps the physical assets national life runs on — power stations and grids, water systems, ports, railways and airports, data networks, payment systems and launch sites. Each asset is placed in a Strategic Infrastructure capability group, so it can be read against the ratings in the National Capability index above.

Assets are chosen for how much of the economy and state depends on them and how hard they would be to replace. Each card records what the asset is, the category it belongs to, what it does and where it is.

Placeholder

Example assets. These twenty cards are modelled on China's most critical infrastructure and show on every nation page until each nation's own assets are mapped.

EnergyWater, Sanitation & WasteTransportCommunications & DigitalFinancialSpace, Aerospace & DefenceResourceAgriculture & FoodAdvanced Manufacturing

Critical infrastructure assetsBack to top ↑

Three Gorges Dam

Energy

The world's largest hydropower station by installed capacity, at 22.5 GW, and the main flood-control structure on the Yangtze.

Yichang, Hubei

Baihetan Hydropower Station

Energy

A 16 GW dam on the Jinsha River, built around sixteen 1 GW turbines, the largest single units in service.

Qiaojia, Yunnan

Changji–Guquan UHVDC Line

Energy

A ±1,100 kV direct-current line carrying 12 GW more than 3,000 km from Xinjiang's power bases to the eastern grid.

Changji, Xinjiang

Daya Bay Nuclear Power Station

Energy

China's first large commercial nuclear plant, in service since 1994, with much of its output sold to Hong Kong.

Shenzhen, Guangdong

South–North Water Transfer, Middle Route

Water, Sanitation & Waste

A canal carrying Yangtze basin water more than 1,400 km north from the Danjiangkou Reservoir to Beijing and Tianjin.

Danjiangkou, Hubei

Beijing–Shanghai High-Speed Railway

Transport

The 1,318 km trunk line between the two largest cities, opened in 2011 and one of the busiest high-speed routes in the world.

Beijing

Port of Shanghai

Transport

The world's busiest container port since 2010, including the automated Yangshan deep-water terminals.

Shanghai

Ningbo-Zhoushan Port

Transport

The world's largest port by cargo tonnage, handling iron ore, crude oil and coal for the eastern industrial belt.

Ningbo, Zhejiang

Beijing Daxing International Airport

Transport

The capital's second international hub, opened in 2019 around one of the largest single terminal buildings in the world.

Beijing

Hong Kong–Zhuhai–Macao Bridge

Transport

A 55 km bridge and undersea tunnel system linking the western and eastern shores of the Pearl River Delta, opened in 2018.

Zhuhai, Guangdong

Qinghai–Tibet Railway

Transport

The 1,956 km line from Xining to Lhasa, crossing the Tanggula Pass at 5,072 m, the highest railway in the world.

Lhasa, Tibet

Gui'an National Computing Hub

Communications & Digital

One of eight national data centre hubs under the East Data, West Computing programme, hosting major cloud providers.

Guiyang, Guizhou

Beijing–Shanghai Quantum Backbone

Communications & Digital

A 2,000 km quantum key distribution trunk line through Jinan and Hefei, completed in 2017 for secure government and bank links.

Hefei, Anhui

Cross-Border Interbank Payment System

Financial

CIPS clears and settles cross-border payments in renminbi, launched in 2015 to extend the currency's international reach.

Shanghai

Wenchang Spacecraft Launch Site

Space, Aerospace & Defence

The coastal launch site for Long March 5 heavy-lift rockets, used for the Tiangong station modules and lunar and Mars missions.

Wenchang, Hainan

Jiuquan Satellite Launch Center

Space, Aerospace & Defence

China's first launch site, founded in 1958 in the Gobi Desert, and the base for every crewed Shenzhou mission.

Jiuquan, Gansu

BeiDou Navigation Satellite System

Space, Aerospace & Defence

The national satellite navigation system, providing global positioning and timing since 2020 from its Beijing control segment.

Beijing

Bayan Obo Mining District

Resource

The world's largest known rare-earth deposit and the core of China's rare-earth mining and refining supply chain.

Baotou, Inner Mongolia

Dujiangyan Irrigation System

Agriculture & Food

A weir and channel system built around 256 BC that still irrigates much of the Chengdu Plain's farmland.

Dujiangyan, Sichuan

Yangtze Memory Technologies Fab

Advanced Manufacturing

China's leading maker of 3D NAND flash memory, central to the drive for a domestic semiconductor supply.

Wuhan, Hubei
National Developments

🇬🇶 Equatorial Guinea’s major milestones and key developments

The National Development Index tracks the events that move a nation's capability — policy decisions, technological milestones, economic turns and external shocks — and places each one on the record with the date it happened and what followed from it. It is the narrative counterpart to the indices: where a rating says where Equatorial Guinea stands, the index says how it arrived there.

Recent developments cover the current cycle, close enough that their consequences are still unfolding. Historical developments are the inflection points behind the present position — the decisions and events a reader needs in order to read the ratings above in context.

GeopoliticalGovernanceSecurityTechnologyEconomySociety

Historical Developments

500 BCBantu-speaking migrants settled continental Equatorial Guinea, arriving from the Grassfields of Nigeria and Cameroon

Bantu migrations are thought to have begun around 2000 BC from the region between south-east Nigeria and north-west Cameroon, reaching the continental territory by 500 BC at the latest. They displaced or absorbed the Pygmy populations, who survive only in isolated pockets of southern Río Muni. This migration established the ethnic foundation of the mainland, later dominated by the Fang.

6th centurySettlers on Bioko Island established the earliest dated settlements on the island 1526 years ago

The earliest known settlements on Bioko Island are dated to AD 530. These communities became the ancestors of the Bubi, the island's indigenous population, whose separate development from the mainland shaped later insular–continental tensions.

1472Fernando Pó became the first European to sight Bioko while seeking a route to India 554 years ago

The Portuguese explorer named the island Formosa, but it soon took the name of its European discoverer. The sighting opened the archipelago to European commerce and colonisation and began nearly five centuries of foreign rule.

1474Portugal colonised Fernando Pó and Annobón 552 years ago

Portugal claimed the islands two years after their discovery, and the first factories were established around 1500 once the Portuguese recognised the value of the volcanic soil and disease-resistant highlands. The Annobón population, originally from Angola, was introduced by the Portuguese via São Tomé.

1507Portuguese colonists failed in an attempt to found a sugarcane plantation near present-day Concepción 519 years ago

Bubi hostility and fever defeated the early effort to establish a plantation and town on Fernando Pó. The failure set a pattern in which disease and indigenous resistance repeatedly frustrated European settlement on the island.

1778Spain and Portugal signed the Treaty of El Pardo, transferring Bioko and Río Muni to Spanish control 248 years ago

Portugal ceded Bioko (then Fernando Po), adjacent islets and commercial rights in the Bight of Biafra between the Niger and Ogooué rivers, along with its claims to continental Guinea, in exchange for Spanish possessions in South America covering large areas of modern western Brazil. Brigadier Felipe José, Count of Arjelejos, formally took possession of Bioko on 21 October 1778, but died of tropical disease and his crew mutinied after losing over 80% of their men. The treaty created the territorial and colonial basis of what became Spanish Guinea and modern Equatorial Guinea.

1778–1810Spain placed the territory under the Viceroyalty of the Río de la Plata 248 years ago

For its first decades under Spanish sovereignty the possession was administered from Buenos Aires. Deterred by the disastrous 1778 expedition, Spain invested little, though Spanish merchants used the island as a base for the Atlantic slave trade.

19th centuryWilliam Pratt established the cocoa crop on Fernando Pó 226 years ago

A freed slave from the West Indies by way of Sierra Leone introduced cocoa to the island. Cacao, alongside coffee and timber, became the backbone of the colonial economy and made Fernando Pó one of Africa's most productive agricultural areas.

1817Spain abolished its involvement in the slave trade under British pressure 209 years ago

The abolition sharply reduced the colony's perceived commercial value to Madrid. Thereafter leasing naval facilities to Britain became the main way of extracting revenue from an otherwise unprofitable possession.

1827–1843Spain leased a naval base on Bioko to the United Kingdom for anti-slavery patrols 199 years ago

Unwilling to develop Fernando Pó itself, Spain leased a base to Britain, which sought it to suppress the slave trade. Britain unilaterally moved the headquarters of the Mixed Commission for the Suppression of Slave Traffic to Fernando Pó in 1827, returning it to Sierra Leone by agreement with Spain in 1843. During the lease the British settled some 2,000 Sierra Leoneans and freed slaves on the island.

1841Spain cancelled plans to sell the African colony to Britain 185 years ago

Opposition from Spanish politicians and the public killed the proposed sale. The decision kept the territory within the Spanish empire for a further century and a quarter.

1844Britain returned Bioko to Spanish control, creating the Territorios Españoles del Golfo de Guinea 182 years ago

With the lease ended, Spain resumed direct administration and the possession acquired its formal name; Spanish has been an official language since that year. Epidemics deterred investment, and plantations were left largely to private citizens through the second half of the century.

1862The colony suffered a yellow fever outbreak that killed many white settlers on Bioko 164 years ago

The epidemic reinforced Spanish reluctance to invest in the colony. Mortality among Europeans only improved after 1870, when settlers were advised to live in the highlands, and by 1884 much of the administrative machinery and key plantations had moved to Basile.

1898 and 1910Bubi communities mounted two insurrections against conscription of forced plantation labour 128 years ago

The revolts protested against forced labour recruitment for the plantations and furthered Catholic Claretian penetration, as the missionaries organised the Bubi into mission theocracies. The Bubi were disarmed in 1917 and left dependent on the missionaries, ending indigenous armed resistance on the island.

1900Spain and France settled the mainland boundary by the Treaty of Paris, leaving Spain only Río Muni 126 years ago

Spain retained a continental enclave of just 26,000 km² out of the 300,000 km² stretching east to the Ubangi that it had claimed, having failed to establish the 'effective occupation' demanded by the 1885 Berlin Conference. The humiliation, compounded by the disaster in Cuba, led the head of the Spanish negotiating team, Pedro Gover y Tovar, to take his own life on 21 October 1901. The treaty fixed the borders of present-day Equatorial Guinea.

1904–1905Spanish colonial authorities issued land regulations favouring Spaniards 122 years ago

The new rules privileged metropolitan settlers, and most of the later large planters arrived from Spain thereafter. Ownership of the plantation economy shifted from the Creole Fernandino elite towards Spanish interests.

1914Spanish Guinea concluded a labour treaty with Liberia to import cheap workers 112 years ago

An estimated 10,000 Liberians went to Fernando Pó between 1914 and 1930 under the agreement. Revelations of malpractice in the Christy Report brought down Liberian president Charles D. B. King in 1930 and ended the treaty, forcing planters to turn to Río Muni and to Igbo labour smuggled from Calabar.

1920sSpanish colonial forces campaigned to subdue the Fang of Río Muni 106 years ago

Campaigns were mounted as Liberian labour recruitment was cut back, with garrisons of the colonial guard established throughout the enclave by 1926. The whole colony was considered 'pacified' by 1929, extending Spanish authority into the interior for the first time.

1926–1959Spain united Bioko and Río Muni as the single colony of Spanish Guinea 100 years ago

The merger created one administrative unit combining island and mainland, based economically on large cacao and coffee plantations and logging concessions worked mostly by immigrant contract labour from Liberia, Nigeria and Cameroun. This union defined the territory inherited at independence.

1936Nationalist forces seized the colony for Franco during the Spanish Civil War 90 years ago

Franco ordered forces based in the Canaries to secure Equatorial Guinea; in September 1936 Nationalists backed by Falangists from Fernando Pó took Río Muni, whose Governor-General had supported the Republic, and by November the local Popular Front was defeated. Commander Juan Fontán Lobé was made Governor-General and extended Spanish control over the enclave interior.

1959Spain reclassified Spanish Guinea as an overseas province 67 years ago

In July 1959 Spain reclassified Spanish Guinea from a colony to an overseas province on the Portuguese imperial model, giving it nominal representation in the Spanish parliament as part of a wider rebranding of Spain's African colonies intended to deflect international pressure for decolonisation. Policy nonetheless continued to divide the population between 'natives' and a tiny minority of emancipados admitted to civic status. The change opened the phase in which nationalism first emerged, largely among exiles in Cameroun and Gabon who formed MONALIGE and IPGE.

December 1963Spain granted limited autonomy, confirmed by referendum 63 years ago

A decision of 9 August 1963, approved by referendum on 15 December 1963, gave the territory a measure of autonomy and promoted the 'moderate' MUNGE grouping. The arrangement failed to satisfy nationalist pressure, and with growing UN scrutiny Madrid was forced to concede further.

1965United Nations passed two General Assembly resolutions ordering Spain to grant independence 61 years ago

The resolutions were followed in 1966 by a UN Commission which toured the territory and made the same recommendation. External pressure was decisive in pushing Madrid towards decolonisation.

1965Spanish administration built infrastructure that gave the territory black Africa's highest GNP per capita 61 years ago

GNP per capita reached $466 in 1965, the highest in black Africa, and the Spanish built an international airport at Santa Isabel and a television station while raising literacy to 89%. By 1967 hospital beds per capita exceeded those of Spain itself, with 1,637 beds in 16 hospitals, though the number of Africans in higher education remained in double digits.

October 1967Spain convened a constitutional convention that deadlocked over insular separatism 59 years ago

Forty-one local delegates and 25 Spaniards met from 27 October 1967, but the conference was suspended after nine sessions amid deadlock between Fang 'unionists' and Fernandino and Bubi 'separatists' who feared swamping by the Fang majority. Francisco Macías Nguema's subsequent campaigning at the UN in New York pushed Spain to name a date for independence and elections; Bubi leaders who travelled to New York in July 1968 found the world community uninterested.

12 October 1968Equatorial Guinea became independent from Spain, with Francisco Macías Nguema as first president 58 years ago

Independence was granted at noon on 12 October 1968 in Malabo following a UN-supervised referendum, uniting the island territories of Bioko and Annobón with the mainland region of Río Muni into a single republic; the date is celebrated as Independence Day. Francisco Macías Nguema became first president in the country's only free and fair election to date, backed by Franco's Spain and campaigning in rural Río Muni on promises of Spanish houses and wives, winning in the second round.

1969President Francisco Macías Nguema began a campaign of purges against real and suspected political rivals 57 years ago

After the Public Prosecutor complained of excesses and maltreatment by officials, Macías purged some 150 alleged coup-plotters and political opponents, who were executed in a Christmas Eve purge. Within a year of independence he had moved to eliminate opposition figures and consolidate personal power, entrenching a terror apparatus that dominated the first republic and drove tens of thousands of Equatoguineans into exile over the following decade.

1970–1972Macías Nguema outlawed opposition parties and then made himself president for life 56 years ago

Opposition political parties were banned in July 1970 and Macías declared himself president for life in 1972, breaking ties with Spain and the West. Despite condemning Marxism as neo-colonialist, he cultivated relations with China, Cuba, East Germany and the USSR, signing preferential trade and shipping agreements with the Soviets that granted a naval base at Luba.

1970Macías Nguema replaced Spanish with Fang as the language of state 56 years ago

The president imposed the language of his own majority ethnic group in place of Spanish, the lingua franca between the country's ethnic groups. The decision was reversed in 1979 after his fall.

1974World Council of Churches documented a reign of terror in which a quarter of the population had fled 52 years ago

The Council reported that large numbers had been murdered since 1968, that a quarter of the population had fled abroad and that the prisons formed one vast concentration camp. An estimated 80,000 of 300,000 people were killed; alongside alleged genocide against the Bubi, Macías closed churches and presided over economic collapse as skilled citizens and foreigners fled.

3 August 1979Teodoro Obiang overthrew his uncle, President Francisco Macías Nguema, in a coup 47 years ago

Obiang overthrew his uncle Francisco Macías Nguema on 3 August 1979 amid fears Macías, who had killed several of their relatives, had become dangerously unstable. Two weeks of civil war followed before Macías was captured, tried, convicted of genocide and other crimes and executed by firing squad in September that year. Obiang succeeded him as a less bloody but still authoritarian ruler and has held power ever since, surviving some twelve unsuccessful coup attempts since August 1979.

August 1982A new constitution confirmed Obiang as president following a nominal return to civilian rule 44 years ago

The August 1982 referendum introduced a constitution marking a nominal return to civilian rule with a slightly less military-dominated government, and Obiang was sworn in for a seven-year term as sole candidate on 12 October, the anniversary of independence. The constitution allowed the president to name and dismiss the cabinet, legislate by decree, dissolve the Chamber of Representatives, negotiate and ratify treaties and command the armed forces, formalising the concentration of authority in Obiang's hands.

June 1984Equatorial Guinea convened the First Hispanic-African Cultural Congress 42 years ago

The congress was held to explore the cultural identity of Equatorial Guinea, the only Spanish-speaking state in sub-Saharan Africa. It marked an attempt to define a national culture after the isolation of the Macías years.

January 1985Equatorial Guinea became the first non-Francophone African member of the franc zone, adopting the CFA franc 41 years ago

On 1 January 1985 the country joined the CFA franc area, tying its currency to a regional monetary framework dominated by French-speaking states. The move integrated the economy with its Central African neighbours and later underpinned CEMAC membership.

Recent Developments

June 2026Human rights lawyers and organisations filed a case against Equatorial Guinea at the African Commission on Human and Peoples' Rights 2 months ago

The complaint, lodged on 5 June 2026, accused the government of forcibly repatriating migrants deported from the United States to countries where they faced persecution, under an agreement with the Trump administration.

June 2026Equatorial Guinea's national football team played a friendly against Comoros after a scheduled match against Burundi was cancelled 2 months ago

The team travelled for the fixtures on 4 and 9 June 2026, with the Burundi match called off and only the Comoros game going ahead. It followed a turbulent World Cup qualifying campaign that had seen the head coach and several players dropped after the squad missed an earlier fixture.

June 2026Prime minister Manuel Osa Nsue Nsua submitted the collective resignation of the Council of Ministers 2 months ago

Vice-president Teodoro Nguema Obiang Mangue said on 16 June 2026 that the government had resigned after failing to meet its performance targets, less than two years after Osa Nsue Nsua's own appointment to overhaul the economy.

April 2026Pope Leo XIV visited Equatorial Guinea as part of a four-nation Africa tour 4 months ago

The visit, from 21 to 23 April 2026, was seen as a diplomatic balancing act given the country's human rights record under President Teodoro Obiang, in power since 1979.

February 2026Cameroon and Equatorial Guinea signed an agreement to jointly develop the Yoyo-Yolanda cross-border gas field 6 months ago

The deal, signed on 3 February 2026, allows the two neighbours to jointly extract natural gas from a field straddling their maritime border, part of Equatorial Guinea's effort to expand gas exports as its oil output declines.

January 2026Equatorial Guinea officially moved its capital from Malabo to Ciudad de la Paz 7 months ago

A presidential decree on 2 January 2026 formalised the change to the purpose-built inland city, previously called Oyala, which President Teodoro Obiang began constructing in 2012 partly over security concerns about the island capital's exposure by sea.

December 2025Equatorial Guinea competed in the delayed 2025 Africa Cup of Nations in Morocco, facing Sudan in the group stage 8 months ago

The team, known as the Nzalang Nacional, played Sudan on 28 December 2025 in the tournament, which was postponed from its original 2025 dates because of the FIFA World Cup.

November 2025The second Trump administration paid $7.5 million for Equatorial Guinea to accept third-country deportees 1 year ago

It was reported on 10 November 2025 that Washington had sent the sum for the government to receive non-citizen deportees from the United States. Senator Jeanne Shaheen noted the amount far exceeded total US aid to the country over the previous eight years.

October 2025The football federation fired the head coach and dropped several players after the team failed to travel for a World Cup qualifier against Malawi 10 months ago

The 9 October 2025 match was cancelled because of what Malawi's federation called travel complications affecting the visiting team. Coach Juan Micha was suspended but reinstated the following month.

September 2025The International Court of Justice ruled in favour of France's sale of a seized Paris mansion linked to vice-president Teodoro Nguema Obiang Mangue 11 months ago

The ruling on 12 September 2025 upheld France's right to sell the property, confiscated in 2012 during a corruption investigation into the vice-president's assets. Obiang Mangue, the president's son, was convicted in absentia by a French court in 2017 over embezzled public funds.

September 2025UNESCO designated Bioko Island a biosphere reserve 11 months ago

The designation on 27 September 2025 recognised the island's rainforest and endemic wildlife as part of a wider expansion of the UN cultural agency's global network of protected sites.

May 2025International Court of Justice granted Equatorial Guinea sovereignty over Mbanie, Cocoteros and Conga islands 1 year ago

The ruling of 19 May 2025 resolved territorial claims Gabon had pressed since 1972. The judgment secured the country's maritime position in a resource-rich area of the Gulf of Guinea.

2024Wagner Group mercenaries entered the country at Obiang's request to secure a dynastic succession 2 years ago

It was published in 2024 that mercenaries from the Wagner Group, since renamed Africa Corps, had deployed at Obiang's invitation. Opponents said their purpose was to help consolidate the transfer of power to his son Teodorín, in a state whose armed forces number only about 2,500 personnel.

November 2022Obiang was re-elected with 99.7% of the vote amid fraud accusations 4 years ago

The 2022 general election returned Obiang, Africa's longest-serving leader as of May 2026, with a near-unanimous tally rejected as fraudulent by the opposition. Transparency International scored the country 13 on its 2024 Corruption Perceptions Index, ranking it 173rd of 180, and V-Dem rated it the 7th least democratic state in Africa in 2023.

2022President Teodoro Obiang signed a law abolishing the death penalty 4 years ago

The law, signed in September 2022, formally ended capital punishment eight years after the last recorded execution, in 2014. Rights groups gave it a cautious welcome as a rare improvement in a country still criticised for its broader human rights record.

March 2021Equatorial Guinea suffered munition explosions at a military base near Bata killing 107 5 years ago

The blasts on 7 March 2021 at a base close to the country's largest city caused 107 deaths. The disaster exposed severe deficiencies in military stockpile management.

2020Equatorial Guinea entered its eighth year of recession 6 years ago

Persistent contraction, attributed in part to endemic corruption and declining oil output, followed the boom decade. Growth of about 2.6% was projected for 2021 on the strength of a large gas project and global recovery, but a real GDP decline of about 4.4% was expected in 2022.

2018–2019Equatorial Guinea was elected a non-permanent member of the UN Security Council 8 years ago

The two-year term gave the small oil state its most prominent role in international diplomacy. It reflected the diplomatic weight accrued through hydrocarbon revenues.

June 2014Equatorial Guinea reported its first polio outbreak, with four cases 12 years ago

The four cases marked the country's first recorded outbreak of the disease. It contrasted with earlier public health success: malaria programmes in the early 21st century cut all-cause under-five mortality from 152 to 55 deaths per 1,000 live births.

May 2013Equatorial Guinea held combined senate, lower house and mayoral elections in a single package 13 years ago

The polls of 26 May 2013 bundled all three contests together. Following the 2022 general elections Obiang's Democratic Party of Equatorial Guinea held all 100 seats in the Chamber of Deputies and every Senate seat.

November 2011Equatorial Guinea approved a new constitution introducing a two-term presidential limit 15 years ago

The constitution limited presidents to two terms, but Obiang told CNN in October 2012 that he would not step down because the text was not retroactive and the limit applied only from 2016. He was re-elected in 2016 for a further seven-year term in a vote Freedom House said was marked by police violence, detentions and torture of opponents.

2011The government announced a new inland capital, Oyala, later renamed Ciudad de la Paz 15 years ago

Planning for a purpose-built capital began in 2011; the city was renamed Ciudad de la Paz in 2017, the same year the province of Djibloho was created with its headquarters there. The seat of government formally moved from Malabo in January 2026, leaving Malabo the second largest city after Bata.

2010The legislature amended the constitution to make Portuguese an official language 16 years ago

Article 4 of the constitution was amended in 2010 to add Portuguese as the third official language, with parliament discussing the law in October 2011 and the foreign minister signing a promotion agreement with the IILP in February 2012. The move was aimed at joining the CPLP, which refused full membership in July 2012 over human rights violations before admitting the country at the Dili summit in July 2014.

2009The national university produced the country's first 110 national doctors 17 years ago

The graduation marked the emergence of a domestically trained medical cadre in a country that had almost no Africans in higher education at independence. Under Obiang the illiteracy rate fell from 73% to 13% and primary enrolment rose from 65,000 in 1986 to over 100,000 in 1994.

February 2008Equatorial Guinea obtained EITI candidate status, later lost when validation lapsed 18 years ago

Candidate status under the Extractive Industries Transparency Initiative was granted on 22 February 2008. When the country applied to extend the deadline for completing validation, the EITI Board refused, ending the transparency effort.

2006–2007Obiang signed an anti-torture decree and renovated Black Beach prison 20 years ago

The 2006 decree banned all forms of abuse and improper treatment, and in 2007 Obiang commissioned the modernisation of Black Beach prison to ensure humane treatment. From 2005 the US firm Military Professional Resources Inc. trained police in human rights practices, and in April 2006 USAID signed a memorandum of understanding to establish a social development fund.

July 2004United States Senate published an investigation into Riggs Bank and Equatorial Guinea's oil revenues 22 years ago

The inquiry examined the Washington bank into which most of the country's oil revenues had been paid, and which also banked for Chile's Augusto Pinochet. Riggs paid $9 million in restitution over the Pinochet accounts in February 2005 but made none regarding Equatorial Guinea, and Obiang has been widely suspected of personal enrichment, with Forbes estimating his wealth at $600 million in 2006.

March 2004Equatoguinean and Zimbabwean authorities foiled a coup plot led by British mercenary Simon Mann against President Obiang 22 years ago

A planeload of suspected mercenaries, mostly South African and led by British mercenary Simon Mann, was intercepted and arrested in Zimbabwe in March 2004 while allegedly en route to overthrow Obiang and install an exiled opposition figure as president, in a plan later dubbed the 'Wonga Coup'. A November 2004 report named Mark Thatcher as a financial backer of the plot. An Amnesty International report of June 2005 noted the prosecution's failure at the ensuing trial to prove conclusively that a coup attempt had taken place; Mann was extradited to Equatorial Guinea, convicted, and released from prison on 3 November 2009 on humanitarian grounds.

2000–2010Equatorial Guinea recorded the world's highest average annual GDP growth of 17% 26 years ago

Oil exploitation produced a decade of extraordinary expansion, giving the country one of Africa's highest measured GDP per capita figures, $21,517 by the 2016 UN Human Development Report. The wealth was poorly distributed, with the country ranking 145th of 189 on the Human Development Index in 2019 and a Gini coefficient of 58.8 in 2022.

1998Equatorial Guinea added French as a second official language after joining CEMAC 28 years ago

French was adopted alongside Spanish following accession to the Economic and Monetary Community of Central Africa, whose founding members are French-speaking and two of which surround Río Muni. Constitutional Law No. 1/1998 of 21 January also recognised indigenous languages as integral parts of the national culture.

1996–2013The Obiang regime held repeatedly flawed elections 30 years ago

The 1996, 2002 and 2009 presidential elections, as well as the 1999, 2004, 2008 and 2013 legislative polls, were widely seen as flawed. The president exerts almost total control over the political system and has discouraged political opposition.

1995ExxonMobil discovered major offshore oil reserves 31 years ago

The American company Mobil (later ExxonMobil) discovered major offshore oil in 1995, followed by the discovery of large reserves in 1996, transforming one of Africa's poorest countries into a significant oil exporter within a decade and giving it the continent's highest recorded per capita income. By 2004 Equatorial Guinea was sub-Saharan Africa's third-largest oil producer, output having risen to 360,000 barrels per day from 220,000 two years earlier, though most of the population continued to live in poverty as earnings largely bypassed them.

1991A constitutional referendum introduced multi-party politics, ending the sole legal status of Obiang's ruling party 35 years ago

The November 1991 vote nominally allowed opposition parties to organise from 1992 onwards, though Obiang's Democratic Party of Equatorial Guinea has continued to dominate every subsequent election.

47 not shown
Historical Context

🇬🇶 Equatorial Guinea’s understanding the origins and evolution of the modern nation

Capital
Malabo
Government
republic
Independence·1968
12 October 1968
Population·2014
722.3K
GDP (PPP)
—

BackgroundBack to top ↑

Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President Teodoro Obiang NGUEMA MBASOGO has ruled the country since 1979 when he seized power in a coup. Although nominally a constitutional democracy since 1991, the 1996, 2002, and 2009 presidential elections - as well as the 1999, 2004, 2008, and 2013 legislative elections - were widely seen as flawed. The president exerts almost total control over the political system and has discouraged political opposition. Equatorial Guinea has experienced rapid economic growth due to the discovery of large offshore oil reserves, and in the last decade has become Sub-Saharan Africa's third largest oil exporter. Despite the country's economic windfall from oil production, resulting in a massive increase in government revenue in recent years, improvements in the population's living standards have been slow to develop.

IndependenceBack to top ↑

12 October 1968 (from Spain)

National holidayBack to top ↑

Independence Day, 12 October (1968)

Geography

🇬🇶 Equatorial Guinea’s territory, resources and strategic position

Area
28.1Kkm²
Land Boundaries
528km
Coastline
296km
Maritime Claims
12nm
Land Use
4.6%

Location and areaBack to top ↑

Location

Central Africa, bordering the Bight of Biafra, between Cameroon and Gabon

Geographic coordinates

2 00 N, 10 00 E

Map references

Africa

Area
total:28,051 sq km
land:28,051 sq km
water:0 sq km
Area — comparative

slightly smaller than Maryland

Land boundaries
total:528 km
border countries:Cameroon 183 km, Gabon 345 km
Coastline

296 km

Maritime claims
territorial sea:12 nm
exclusive economic zone:200 nm

Terrain and resourcesBack to top ↑

Terrain

coastal plains rise to interior hills; islands are volcanic

Natural resources

petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay

Land use
arable land:4.63%
permanent crops:2.5%
other:92.87% (2011)
Irrigated land

NA

Settlement and hazardsBack to top ↑

Natural hazards

violent windstorms; flash floods

Geography note

insular and continental regions widely separated

OtherBack to top ↑

Elevation extremes
lowest point:Atlantic Ocean 0 m
highest point:Pico Basile 3,008 m
Total renewable water resources

26 cu km (2011)

Freshwater withdrawal (domestic/industrial/agricultural)
total:0.02 cu km/yr (80%/15%/5%)
per capita:31.41 cu m/yr (2005)
Environment - current issues

tap water is not potable; deforestation

Environment - international agreements
party to:Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified:none of the selected agreements
Environment

🇬🇶 Equatorial Guinea’s environmental conditions, resources and national resilience

Carbon Dioxide Emissions
—
Methane Emissions
—
Particulate Matter Emissions
—
Total Water Withdrawal
—
Waste and Recycling
—

Conditions and issuesBack to top ↑

Climate

tropical; always hot, humid

Critical Technology

🇬🇶 Equatorial Guinea’s technology frontiers and the pursuit of national advantage

Large-Scale AI Systems
—
Cumulative Launched
—
Space Agency
—
Launch Sites
—
Programme
—

Technology systemsBack to top ↑

GINC data

Capability-group ratings for Critical Technology are part of the GINC National Capability Framework rather than the country factbook. They are published in the National Capability index, and the per-capability detail lives on the capability pages.

Medicine and BioTechBack to top ↑

Clinical research and life-science invention, drawn from the same series that drive the metric pages. Each card opens the full cross-country comparison.

Clinical Trials·2019
1
#125 World
20002024

Space programmeBack to top ↑

🇬🇶Equatorial Guinea
Objects Launched into Space
Annual number of objects launched into outer space, 1950–2025. Equatorial Guinea is highlighted; other major launchers are shown in grey.
Equatorial GuineaOther major launchers
01K2K3K4K
1950198020002025
Source. UN Office for Outer Space Affairs (2026).
🇬🇶Equatorial Guinea
Cumulative Objects Launched
Cumulative number of objects launched into outer space, 1950–2025. Equatorial Guinea is highlighted; other major launchers are shown in grey.
Equatorial GuineaOther major launchers
05K10K15K20K
1950198020002025
Source. UN Office for Outer Space Affairs (2026).
Strategic Infrastructure

🇬🇶 Equatorial Guinea’s energy, connectivity and the material foundations of capability

Airports·2013
7
Railways
—
Ports
—
Electricity Access
—
Internet Users·2009
14.4K

TransportBack to top ↑

Airports

7 (2013)

Merchant marine
total:5
by type:cargo 1, chemical tanker 1, petroleum tanker 3
foreign-owned:1 (Norway 1) (2010)

Digital connectivityBack to top ↑

Telephones - mobile cellular

501,000 (2012)

Internet users

14,400 (2009)

Internet country code

.gq

OtherBack to top ↑

Electricity - production

97 million kWh (2010 est.)

Electricity - consumption

90.21 million kWh (2010 est.)

Electricity - exports

0 kWh (2012 est.)

Electricity - imports

0 kWh (2012 est.)

Electricity - installed generating capacity

38,000 kW (2010 est.)

Electricity - from fossil fuels

97.4% of total installed capacity (2010 est.)

Electricity - from nuclear fuels

0% of total installed capacity (2010 est.)

Electricity - from hydroelectric plants

2.6% of total installed capacity (2010 est.)

Electricity - from other renewable sources

0% of total installed capacity (2010 est.)

Crude oil - production

318,000 bbl/day (2012 est.)

Crude oil - exports

319,100 bbl/day (2010 est.)

Crude oil - imports

0 bbl/day (2010 est.)

Crude oil - proved reserves

1.1 billion bbl (1 January 2013 est.)

Refined petroleum products - production

3,074 bbl/day (2010 est.)

Refined petroleum products - consumption

1,588 bbl/day (2011 est.)

Refined petroleum products - exports

2,320 bbl/day (2010 est.)

Refined petroleum products - imports

4,561 bbl/day (2010 est.)

Natural gas - production

6.88 billion cu m (2011 est.)

Natural gas - consumption

1.58 billion cu m (2010 est.)

Natural gas - exports

5.26 billion cu m (2011 est.)

Natural gas - imports

0 cu m (2011 est.)

Natural gas - proved reserves

36.81 billion cu m (1 January 2013 est.)

Carbon dioxide emissions from consumption of energy

5.232 million Mt (2011 est.)

Telephones - main lines in use

14,900 (2012)

Telephone system
general assessment:digital fixed-line network in most major urban areas and good mobile coverage
domestic:fixed-line density is about 2 per 100 persons; mobile-cellular subscribership has been increasing and in 2011 stood at about 60 percent of the population
international:country code - 240; international communications from Bata and Malabo to African and European countries; satellite earth station - 1 Intelsat (Indian Ocean) (2011)
Internet hosts

7 (2012)

Airports - with paved runways
total:6
over 3,047 m:1
2,438 to 3,047 m:2
1,524 to 2,437 m:1
under 914 m:2 (2013)
Airports - with unpaved runways
total:1
2,438 to 3,047 m:1 (2013)
Pipelines

condensate 42 km; condensate/gas 5 km; gas 79 km; oil 71 km (2013)

Roadways
total:2,880 km (2000)
Ports and terminals
major seaport(s):Bata, Luba, Malabo
National Security

🇬🇶 Equatorial Guinea’s force, intelligence and the defence of the nation

Armed Forces Personnel
—
Military Personnel
—
Military Spending
—
Spending (% of GDP)
—
Armed Forces (% of Labour Force)
—

Personnel and equipmentBack to top ↑

Military service age and obligation

18 years of age for selective compulsory military service, although conscription is rare in practice; 2-year service obligation; women hold only administrative positions in the Navy (2013)

Forces under armsBack to top ↑

Active-duty strength on the Correlates of War series, which reaches back to 1816 and so carries a nation’s whole record of mobilisation rather than its present establishment. The card opens the full cross-country comparison.

Military Personnel·2022
1,000
#159 World
18162022

OtherBack to top ↑

Military branches

Equatorial Guinea Armed Forces (FAGE): Equatorial Guinea National Guard (Guardia Nacional de Guinea Ecuatorial, GNGE (Army); Navy; Air Force (2013)

Manpower available for military service
males age 16-49:151,147
females age 16-49:150,345 (2010 est.)
Manpower fit for military service
males age 16-49:113,277
females age 16-49:115,320 (2010 est.)
Manpower reaching militarily significant age annually
male:7,398
female:7,126 (2010 est.)
Human Capital

🇬🇶 Equatorial Guinea’s population, health and the skills that sustain capability

Population·2014
722.3K
Median Age
19.4years
Generative AI Use
—
Life Expectancy at Birth
63.5years
Total Fertility Rate·2014
4.7children born/woman

DemographyBack to top ↑

Population

722,254 (July 2014 est.)

Nationality
noun:Equatorial Guinean(s) or Equatoguinean(s)
adjective:Equatorial Guinean or Equatoguinean
Age structure
0-14 years:40.8% (male 149,597/female 144,788)
15-24 years:19.5% (male 71,609/female 69,061)
25-54 years:31.5% (male 112,956/female 114,785)
55-64 years:4.2% (male 13,052/female 17,247)
65 years and over:4.1% (male 12,310/female 16,849) (2014 est.)
Dependency ratios
total dependency ratio:70.8 %
youth dependency ratio:66.1 %
elderly dependency ratio:4.7 %
potential support ratio:21.1 (2014 est.)
Median age
total:19.4 years
male:18.8 years
female:19.9 years (2014 est.)
Population growth rate

2.54% (2014 est.)

Birth rate

33.83 births/1,000 population (2014 est.)

Death rate

8.39 deaths/1,000 population (2014 est.)

Sex ratio
at birth:1.03 male(s)/female
0-14 years:1.03 male(s)/female
15-24 years:1.04 male(s)/female
25-54 years:0.98 male(s)/female
55-64 years:0.99 male(s)/female
65 years and over:0.75 male(s)/female
total population:0.99 male(s)/female (2014 est.)
Total fertility rate

4.66 children born/woman (2014 est.)

Migration and urbanisationBack to top ↑

Net migration rate

0 migrant(s)/1,000 population (2014 est.)

Urbanisation
urban population:39.5% of total population (2011)
rate of urbanization:3.16% annual rate of change (2010-15 est.)
Major urban areas — population

MALABO (capital) 137,000 (2011)

HealthBack to top ↑

Life expectancy at birth
total population:63.49 years
male:62.43 years
female:64.58 years (2014 est.)
Infant mortality rate
total:71.12 deaths/1,000 live births
male:72.17 deaths/1,000 live births
female:70.04 deaths/1,000 live births (2014 est.)
Hospital bed density

2.1 beds/1,000 population (2010)

Drinking water source
improved:urban: 65.5% of population; rural: 41.6% of population; total: 50.9% of population
unimproved:urban: 34.5% of population; rural: 58.4% of population; total: 49.1% of population (2006 est.)
Sanitation facility access
improved:urban: 92.2% of population; rural: 86.8% of population; total: 88.9% of population
unimproved:urban: 7.8% of population; rural: 13.2% of population; total: 11.1% of population (2006 est.)
Obesity — adult prevalence rate

10.6% (2008)

Children under the age of 5 years underweight

10.6% (2004)

EducationBack to top ↑

Literacy
definition:age 15 and over can read and write
total population:94.2%
male:97.1%
female:91.1% (2011 est.)
School life expectancy (primary to tertiary education)
total:9 years
male:10 years
female:7 years (2000)

Welfare and equityBack to top ↑

Population below poverty line

NA%

Household income or consumption by percentage share
lowest 10%:NA%
highest 10%:NA%

OtherBack to top ↑

Maternal mortality rate

240 deaths/100,000 live births (2010)

Contraceptive prevalence rate

10.1% (2000)

Health expenditures

4% of GDP (2011)

Physicians density

0.3 physicians/1,000 population (2004)

HIV/AIDS - adult prevalence rate

6.2% (2012 est.)

HIV/AIDS - people living with HIV/AIDS

31,400 (2012 est.)

HIV/AIDS - deaths

1,400 (2012 est.)

Major infectious diseases
degree of risk:very high
food or waterborne diseases:bacterial and protozoal diarrhea, hepatitis A, and typhoid fever
vectorborne disease:malaria and dengue fever
animal contact disease:rabies (2013)
Education expenditures

0.6% of GDP (2002)

Child labor - children ages 5-14
total number:35,382
percentage:28 % (2000 est.)
Disputes - international

in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but a dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River and imprecisely defined maritime coordinates in the ICJ decision delayed final delimitation; UN urged Equatorial Guinea and Gabon to resolve the sovereignty dispute over Gabon-occupied Mbane and lesser islands and to create a maritime boundary in the hydrocarbon-rich Corisco Bay

Governance and Integrity

🇬🇶 Equatorial Guinea’s institutions, law and the integrity of the state

Government
republic
Capital
Malabo
Administrative Divisions
7provinces
Independence·1968
12 October 1968
Suffrage
18years of age; universal

State structureBack to top ↑

Country name
conventional long form:Republic of Equatorial Guinea
conventional short form:Equatorial Guinea
local long form:Republica de Guinea Ecuatorial/Republique de Guinee equatoriale
local short form:Guinea Ecuatorial/Guinee equatoriale
former:Spanish Guinea
Government type

republic

Capital
name:Malabo
geographic coordinates:3 45 N, 8 47 E
time difference:UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
Administrative divisions

7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas

Constitution

approved by referendum 17 November 1991; amended several times, last in 2012 (2012)

Suffrage

18 years of age; universal

Legal systemBack to top ↑

Legal system

mixed system of civil and customary law

International law organisation participation

has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt

Political institutionsBack to top ↑

Executive branch
chief of state:President Brig. Gen. (Ret.) Teodoro Obiang NGUEMA MGASOGO (since 3 August 1979 when he seized power in a military coup)
head of government:Prime Minister Vicente Ehate TOMI (since 22 May 2012)
cabinet:Council of Ministers appointed by the president
elections:president elected by popular vote for a seven-year term (two- term limit); election last held on 29 November 2009 (next to be held in 2016); prime minister and deputy prime ministers appointed by the president
election results:Teodoro Obiang NGUEMA MBASOGO reelected president; percent of vote - Teodoro Obiang NGUEMA MBASOGO 95.8%, Placido MICO Abogo 3.6%, other 0.6%
Legislative branch

bicameral Parliament consists of the Senate (70 seats; 55 seats directly elected and 15 appointed by the president) and the House of People's Representatives or Camara de los Diputdos or Chamber of Deputies (100 seats; members directly elected by popular vote to serve five-year terms)

note - Parliament has little power since the constitution vests all executive authority in the president; the constitutional referendum of 2011 established a bicameral legislature formed following the May 2013 elections; the newly formed Senate consists of elected and appointed (by the President) members
Judicial branch
highest court(s):Supreme Court of Justice (consists of the chief justice and NA judges); Constitutional Court (consists of the court president and 4 members)
judge selection and term of office:Supreme Court judges appointed by the president for 5-year terms; Constitutional Court members appointed by the president, two of which are nominated by the Chamber of Deputies
subordinate courts:Court of Guarantees; military courts; Courts of Appeal; first instance tribunals; district and county tribunals

Rule of lawBack to top ↑

Trafficking in persons
current situation:Equatorial Guinea is a source and destination country for women and children subjected to forced labor and sexual exploitation; children have been trafficked from nearby countries for work as domestic servants, market laborers, ambulant vendors, and launderers; women may also be trafficked to Equatorial Guinea from Cameroon, Benin, other neighboring countries, and China for forced labor or prostitution; Equatorial Guinean girls may be encouraged by their parents to engage in the sex trade in urban centers to receive groceries, gifts, housing, and money

OtherBack to top ↑

Political parties and leaders

Convergence Party for Social Democracy or CPDS [Andres Esono ONDO]//Democratic Party for Equatorial Guinea or PDGE [Jeronimo Osa Osa ECORO] (ruling party)//Electoral Coalition or EC//Party for Progress of Equatorial Guinea or PPGE [Severo MOTO]//Popular Action of Equatorial Guinea or APGE [Carmelo Mba BACALE]//Popular Union or UP [Daniel MARTINEZ Ayecaba]

Political pressure groups and leaders

ASODEGUE (Madrid-based pressure group for democratic reform)//EG Justice (US-based anti-corruption group)

Flag description

three equal horizontal bands of green (top), white, and red, with a blue isosceles triangle based on the hoist side and the coat of arms centered in the white band; the coat of arms has six yellow six-pointed stars (representing the mainland and five offshore islands) above a gray shield bearing a silk-cotton tree and below which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice); green symbolizes the jungle and natural resources, blue represents the sea that connects the mainland to the islands, white stands for peace, and red recalls the fight for independence

National anthem
name:"Caminemos pisando la senda" (Let Us Tread the Path)
lyrics/music:Atanasio Ndongo MIYONO/Atanasio Ndongo MIYONO or Ramiro Sanchez LOPEZ (disputed)
adopted 1968
Information and Influence

🇬🇶 Equatorial Guinea’s identity, media and the projection of influence

Languages·1994
Spanish
Religions
nominally Christian and p…
Ethnic Groups·1994
Fang 85.7%, Bubi 6.5%, Md…
Broadcast Media·2013
state maintains control o…
Intl Organisations
ACP, AfDB, AU, BDEAC, CEM…

Identity and cultureBack to top ↑

Languages

Spanish (official) 67.6%, other (includes French (official), Fang, Bubi) 32.4% (1994 census)

Religions

nominally Christian and predominantly Roman Catholic, pagan practices

Ethnic groups

Fang 85.7%, Bubi 6.5%, Mdowe 3.6%, Annobon 1.6%, Bujeba 1.1%, other 1.4% (1994 census)

National symbol(s)

silk cotton tree

MediaBack to top ↑

Broadcast media

state maintains control of broadcast media with domestic broadcast media limited to 1 state-owned TV station, 1 private TV station owned by the president's eldest son, 1 state-owned radio station, and 1 private radio station owned by the president's eldest son; satellite TV service is available; transmissions of multiple international broadcasters are accessible (2013)

Diplomatic networkBack to top ↑

International organisation participation

ACP, AfDB, AU, BDEAC, CEMAC, CPLP (associate), FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IPU, ITSO, ITU, MIGA, NAM, OAS (observer), OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WHO, WIPO, WTO (observer)

Diplomatic representation in the US
chief of mission:Ambassador Ruben Maye Nsue MANGUE (since 10 September 2013)
chancery:2020 16th Street NW, Washington, DC 20009
telephone:[1] (202) 518-5700
FAX:[1] (202) 518-5252
consul general(s):Houston
Diplomatic representation from the US
chief of mission:Ambassador Mark L. ASQUINO (since 29 June 2012)
embassy:Carretera Malabo II, Malabo, Guinea Ecuatorial
mailing address:US Embassy Malabo, US Department of State, Washington, DC 20521-2520
telephone:[240] 333 09 57 41
Financial Strength

🇬🇶 Equatorial Guinea’s fiscal depth, reserves and the capacity to act

Inflation Rate (consumer Prices)·2013
6%
Public Debt·2013
11%GDP
Taxes and Other Revenues·2013
40%GDP
Reserves of Foreign Exchange and Gold·2013
$4B
Debt - External·2013
$2.1B

FiscalBack to top ↑

Budget
revenues:$6.837 billion
expenditures:$6.795 billion (2013 est.)
Taxes and other revenues

40% of GDP (2013 est.)

Budget surplus (+) or deficit (-)

0.2% of GDP (2013 est.)

Public debt

11% of GDP (2013 est.)//9.3% of GDP (2012 est.)

Monetary and externalBack to top ↑

Inflation rate (consumer prices)

6% (2013 est.)//6.1% (2012 est.)

Reserves of foreign exchange and gold

$4.027 billion (31 December 2013 est.)//$4.397 billion (31 December 2012 est.)

Debt — external

$2.104 billion (31 December 2013 est.)//$1.858 billion (31 December 2012 est.)

Exchange rates

Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar -//500.7 (2013 est.)//510.53 (2012 est.)//495.28 (2010 est.)//472.19 (2009)//447.81 (2008)

Production and Innovation

🇬🇶 Equatorial Guinea’s output, industry and the engine of prosperity

Real GDP (purchasing Power Parity)
—
Real GDP Growth Rate
—
Real GDP per Capita
—
GDP (official Exchange Rate)·2013
$17.1B
Labor Force·2007
195.2K

OutputBack to top ↑

GDP (official exchange rate)

$17.08 billion (2013 est.)

GDP composition, by sector of origin
agriculture:4.6%
industry:87.3%
services:8.1% (2013 est.)
GDP composition, by end use
household consumption:26.7%
government consumption:3.7%
investment in fixed capital:37.9%
investment in inventories:1%
exports of goods and services:80.8%
imports of goods and services:-50.1%; (2013 est.)

Sectors and industryBack to top ↑

Industries

petroleum, natural gas, sawmilling

Industrial production growth rate

3.2% (2013 est.)

LabourBack to top ↑

Labour force

195,200 (2007)

Unemployment rate

22.3% (2009 est.)

OtherBack to top ↑

Economy - overview

The discovery and exploitation of large oil and gas reserves have contributed to dramatic economic growth, but fluctuating oil prices along with slowing or declining oil production have resulted in much lower GDP growth in recent years. The economy is still dominated by hydrocarbon production. The government has solicited foreign investment, particularly from the United States, to diversify the economy and in February 2014 the government hosted an economic diversification symposium focused on attracting investment in five sectors: agriculture and animal ranching, fishing, mining and petrochemicals, tourism, and financial services. Undeveloped mineral resources include gold, zinc, diamonds, columbite-tantalite, and other base metals. Forestry and farming are also minor components of GDP. Subsistence farming is the dominant form of livelihood. Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth. The government has stated its intention to reinvest some oil revenue into agriculture. A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement. The government has been widely criticized for its lack of transparency and misuse of oil revenues and has attempted to address this issue by working towards compliance with the Extractive Industries Transparency Initiative.

GDP (purchasing power parity)

$19.68 billion (2013 est.)//$19.97 billion (2012 est.)//$18.96 billion (2011 est.)

data are in 2013 US dollars
GDP - real growth rate

-1.5% (2013 est.)//5.3% (2012 est.)//4.6% (2011 est.)

GDP - per capita (PPP)

$25,700 (2013 est.)//$26,900 (2012 est.)//$26,200 (2011 est.)

Gross national saving

22.6% of GDP (2013 est.)//26.4% of GDP (2012 est.)//32% of GDP (2011 est.)

Agriculture - products

coffee, cocoa, rice, yams, cassava (manioc, tapioca), bananas, palm oil nuts; livestock; timber

Fiscal year

calendar year

Central bank discount rate

8.5% (31 December 2010 est.)//4.25% (31 December 2009 est.)

Commercial bank prime lending rate

15% (31 December 2013 est.)//15% (31 December 2012 est.)

Stock of narrow money

$3.001 billion (31 December 2013 est.)//$3.023 billion (31 December 2012 est.)

Stock of broad money

$3.382 billion (31 December 2013 est.)//$3.438 billion (31 December 2012 est.)

Stock of domestic credit

$-424.6 million (31 December 2013 est.)//$-631.4 million (31 December 2012 est.)

Trade and Investment

🇬🇶 Equatorial Guinea’s markets, capital and the terms of global exchange

Exports·2013
$15.4B
Imports·2013
$7.9B
Current Account Balance·2013
-$2.916 billion
Remittances
—
Exchange Rates·2013
Cooperation Financiere en…

External balanceBack to top ↑

Current account balance

-$2.916 billion (2013 est.)//-$2.945 billion (2012 est.)

ExportsBack to top ↑

Exports

$15.44 billion (2013 est.)//$14.86 billion (2012 est.)

Exports — partners

Japan 18.8%, France 16.1%, China 11.7%, US 11.3%, Netherlands 7.2%, Spain 7.1%, Italy 5.1% (2012)

Exports — commodities

petroleum products, timber

ImportsBack to top ↑

Imports

$7.943 billion (2013 est.)//$8.045 billion (2012 est.)

Imports — partners

Spain 18.4%, China 17.4%, US 11.1%, France 8%, Italy 5.9%, Cote dIvoire 5.3%, Brazil 4.4% (2012)

Imports — commodities

petroleum sector equipment, other equipment, construction materials, vehicles

Contents

GINC Indices
Foundations
Capability Domains