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Country Information > West Africa > Equatorial Guinea
Background [ Background] [ Geography ] [ People ] [ Government ] [ Economy ] [ Communications ] [ Transportation ] [ Military ] 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 and 2002 presidential elections - as well as the 1999 and 2004 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, there have been few improvements in the population's living standards.
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, there have been few improvements in the population's living standards. Location: Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon Geographic coordinates: 2 00 N, 10 00 E Area: total: 28,051 sq km; Land boundaries: total: 539 km Coastline: 296 km Maritime claims: Terrain: Elevation extremes: Natural resources: Land use: Natural hazards:violent windstorms, flash floods 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 Geography - note: insular and continental regions widely separated Population: 540,109 [July 2006 est.]; 616,459 (July 2008 est.) Age structure: Population growth rate: 2.05% [2006 est.]; 2.732% (2008 est.) Birth rate: 35.59 births/1,000 population [2006 est.]; 37.04 births/1,000 population (2008 est.) Death rate: 15.06 deaths/1,000 population [2006 est.]; 9.72 deaths/1,000 population (2008 est.) Sex ratio: at birth: Infant mortality rate: Life expectancy at birth: Total fertility rate: HIV/AIDS - adult prevalence rate:
3.4% [2001 est.] Major infectious diseases: Nationality: noun: Equatorial Guinean[s] or Equatoguinean[s]; adjective: Equatorial Guinean or Equatoguinean Ethnic groups: Bioko [primarily Bubi, some Fernandinos], Rio Muni [primarily Fang], Europeans less than 1,000, mostly Spanish Religions: nominally Christian and predominantly Roman Catholic, pagan practices Languages: Spanish [official], French [official], pidgin English, Fang, Bubi, Ibo Literacy: definition: age 15 and over can read and write; total population: 85.7%; male: 93.3%; female: 78.4% [2003 est.] Country name: Capital: name: Malabo; geographic coordinates:
3 45 N, 8 47 E; time difference: UTC+1 [6 hours ahead of Washington,
DC during Standard
Time] Independence: 12 October 1968 [from Spain] National holiday: Independence Day, 12 October [1968] Constitution: approved by national referendum 17 November 1991; amended January 1995 Legal system: partly based on Spanish civil law and tribal custom Suffrage: 18 years of age; universal Executive branch: cabinet: Council of Ministers appointed
by the president Legislative branch: Elections: last held 25 April
2004 [next to be held in 2009]
Political pressure groups and leaders: NA International organization participation: ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, MIGA, NAM, OAS [observer], OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WHO, WIPO, WTO [observer] 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] Economy - overview: GDP [purchasing power parity]: $25.69 billion [2005 est.]; $25.69 billion (2005 est.) GDP - real growth rate: 18.6% [2005 est.]; 12.7% (2007 est.) GDP - per capita [PPP]: $50,200 [2005 est.]; $44,100 (2007 est.) GDP - composition by sector: agriculture: Unemployment rate: 30% [1998 est.] Inflation rate [consumer prices]: 5.2% [2006 est.]; 5.5% (2007 est.) Investment [gross fixed]: 34.1% of GDP [2006 est.]; 39.2% of GDP (2007 est.) Budget: revenues: Public debt: 2.7% of GDP (2007 est.) Agriculture - products: coffee, cocoa, rice, yams, cassava [tapioca], bananas, palm oil nuts; livestock; timber Industries: petroleum, fishing, sawmilling, natural gas Industrial production growth rate: 14.1% (2007 est.) Electricity - production: 28 million kWh (2005) Electricity - consumption: 26.04 million kWh (2005) Exports: $10.03 billion f.o.b. (2007 est.) Exports - commodities: petroleum, methanol, timber, cocoa Exports - partners: China 30.9%, US 22.2%, Spain 12.6%, Taiwan 10.6%, Portugal 6.1% (2006) Imports: $3.219 billion f.o.b. (2007 est.) Imports – commodities: petroleum sector equipment, other equipment Imports - partners: US 37.7%, Spain 9.8%, Cote d'Ivoire 7.9%, France 6.1%, South Korea 6.1%, UK 5.8%, Italy 5% (2006) ] Reserves of foreign exchange and gold: $3.235 billion [2006 est.] Debt - external: $288 million (31 December 2007 est.) Economic aid - recipient: $39 million (2005) Exchange rates: Communaute Financiere Africaine francs (XAF) per US dollar - 481.83 (2007), 522.4 (2006), 527.47 (2005), 528.29 (2004), 581.2 (2003) Fiscal year: calendar
year Telephones - main lines in use:10,000 [2005] Telephones - mobile cellular: 96,900 [2005] Telephone system: general assessment: poor system with adequate government services; domestic: NA; international: country code - 240; international communications from Bata and Malabo to African and European countries; satellite earth station - 1 Intelsat [Indian Ocean] Radio broadcast stations: AM 0, FM 3, shortwave 5 [2002] Television broadcast stations: 1 [2002] Internet country code: .gq Internet hosts: 19 [2006] Internet users: 5,000 [2005] Airports: 5 (2007) Airports - Roadways: Merchant marine: total: 1 ship
(1000 GRT or over) 1,745 GRT/3,434 DWT Ports and terminals: Malabo, Bata, Luba Military branches: National Guard (Guardia Nacional (Army), with Coast Guard (Navy) and Air Wing) (2008) Manpower available for military service: Manpower fit for military service:
Military expenditures - percent of GDP: 0.1% (2006 est.) |
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