Contents
Equatorial Guinea | | ||
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Past | Equatorial Guinea | ||
| Background: | 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. | ||
Environment | Equatorial Guinea | ||
| Location: | Western 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 | ||
| Area - comparative: | slightly smaller than Maryland | ||
| Land boundaries: | total: 539 km | ||
| Coastline: | 296 km | ||
| Maritime claims: | territorial sea: 12 nm | ||
| Climate: | tropical; always hot, humid | ||
| Terrain: | coastal plains rise to interior hills; islands are volcanic | ||
| Elevation extremes: | lowest point: Atlantic Ocean 0 m | ||
| Natural resources: | petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay | ||
| Land use: | arable land: 4.63% | ||
| Irrigated land: | NA | ||
| Total renewable water resources: | 26 cu km (2001) | ||
| Freshwater withdrawal (domestic/industrial/agricultural): | Total: 0.11 cu km/yr (83%/16%/1%) | ||
| 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 | ||
| Geography - note: | insular and continental regions widely separated | ||
People | Equatorial Guinea | ||
| Population: | 551,201 (July 2007 est.) | ||
| Age structure: | 0-14 years: 41.5% (male 114,816/female 113,688) | ||
| Median age: | total: 18.8 years | ||
| Population growth rate: | 2.015% (2007 est.) | ||
| Birth rate: | 35.16 births/1,000 population (2007 est.) | ||
| Death rate: | 15.01 deaths/1,000 population (2007 est.) | ||
| Net migration rate: | 0 migrant(s)/1,000 population (2007 est.) | ||
| Gender ratio: | at birth: 1.03 male(s)/female | ||
| Infant mortality rate: | total: 87.15 deaths/1,000 live births | ||
| Life expectancy at birth: | total population: 49.51 years | ||
| Total fertility rate: | 4.48 children born/woman (2007 est.) | ||
| HIV/AIDS - adult prevalence rate: | 3.4% (2001 est.) | ||
| HIV/AIDS - people living with HIV/AIDS: | 5,900 (2001 est.) | ||
| HIV/AIDS - deaths: | 370 (2001 est.) | ||
| Major infectious diseases: | degree of risk: very high | ||
| Nationality: | noun: Equatorial Guinean(s) or Equatoguinean(s) | ||
| Ethnic groups: | Fang 85.7%, Bubi 6.5%, Mdowe 3.6%, Annobon 1.6%, Bujeba 1.1%, other 1.4% (1994 census) | ||
| Religions: | nominally Christian and predominantly Roman Catholic, pagan practices | ||
| Languages: | Spanish 67.6% (official), other 32.4% (includes French (official), Fang, Bubi) (1994 census) | ||
| Literacy: | definition: age 15 and over can read and write | ||
Government | Equatorial Guinea | ||
| Country name: | conventional long form: Republic of Equatorial Guinea | ||
| Government type: | republic | ||
| Capital: | name: Malabo | ||
| Administrative divisions: | 7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas | ||
| 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: | chief of state: President Brig. Gen. (Ret.) Teodoro OBIANG NGUEMA MBASOGO (since 3 August 1979 when he seized power in a military coup) | ||
| Legislative branch: | unicameral House of People's Representatives or Camara de Representantes del Pueblo (100 seats; members directly elected by popular vote to serve five-year terms) | ||
| Judicial branch: | Supreme Tribunal | ||
| Political parties and leaders: | Convergence Party for Social Democracy or CPDS [Placido MICO Abogo]; Democratic Party for Equatorial Guinea or PDGE (ruling party) [Teodoro OBIANG NGUEMA MBASOGO]; Party for Progress of Equatorial Guinea or PPGE [Severo MOTO]; Popular Action of Equatorial Guinea or APGE [Avelino MOCACHE]; Popular Union or UP | ||
| 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, 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 Purificacion ANGUE ONDO | ||
| Diplomatic representation from the US: | chief of mission: Ambassador Donald C. JOHNSON | ||
| 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) | ||
Business | Equatorial Guinea | ||
| Business - overview: | The discovery and exploitation of large oil reserves have contributed to dramatic economic growth in recent years. Forestry, farming, and fishing are also major components of GDP. Subsistence farming predominates. 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. No longer eligible for concessional financing because of large oil revenues, the government has been trying to agree on a "shadow" fiscal management program with the World Bank and IMF. Government officials and their family members own most businesses. Undeveloped natural resources include titanium, iron ore, manganese, uranium, and alluvial gold. Growth remained strong in 2007, led by oil. Equatorial Guinea now has the fourth highest per capita income in the world, after Luxembourg, Bermuda, and Jersey. | ||
| GDP (purchasing power parity): | $25.69 billion (2005 est.) | ||
| GDP (official exchange rate): | $10.4 billion (2007 est.) | ||
| GDP - real growth rate: | 12.7% (2007 est.) | ||
| GDP - per capita (PPP): | $44,100 (2007 est.) | ||
| GDP - composition by sector: | agriculture: 2.8% | ||
| Labor force: | NA | ||
| Unemployment rate: | 30% (1998 est.) | ||
| Population below poverty line: | NA% | ||
| Household income or consumption by percentage share: | lowest 10%: NA% | ||
| Inflation rate (consumer prices): | 5.5% (2007 est.) | ||
| Investment (gross fixed): | 39.2% of GDP (2007 est.) | ||
| Budget: | revenues: $4.849 billion | ||
| 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 - production by source: | fossil fuel: 94.3% | ||
| Electricity - consumption: | 26.04 million kWh (2005) | ||
| Electricity - exports: | 0 kWh (2005) | ||
| Electricity - imports: | 0 kWh (2005) | ||
| Oil - production: | 396,100 bbl/day (2005 est.) | ||
| Oil - consumption: | 1,000 bbl/day (2005 est.) | ||
| Oil - exports: | 371,700 bbl/day (2004) | ||
| Oil - imports: | 1,026 bbl/day (2004) | ||
| Oil - proved reserves: | 563.5 million bbl (1 January 2002 est.) | ||
| Natural gas - production: | 1.247 billion cu m (2005 est.) | ||
| Natural gas - consumption: | 1.247 billion cu m (2005 est.) | ||
| Natural gas - exports: | 0 cu m (2005 est.) | ||
| Natural gas - imports: | 0 cu m (2005) | ||
| Natural gas - proved reserves: | 35.31 billion cu m (1 January 2006 est.) | ||
| Current account balance: | $250 million (2007 est.) | ||
| Exports: | $10.03 billion f.o.b. (2007 est.) | ||
| Exports - commodities: | petroleum, methanol, timber, cocoa | ||
| Exports - partners: | China 30.9%, US 22.3%, Spain 12.7%, Taiwan 10.6%, Portugal 6.1% (2006) | ||
| Imports: | $3.219 billion f.o.b. (2007 est.) | ||
| Imports - partners: | US 37.8%, Spain 9.5%, Cote d'Ivoire 7.9%, France 6.1%, South Korea 6.1%, UK 5.8%, Italy 5% (2006) | ||
| Economic aid - recipient: | $39 million (2005) | ||
| Reserves of foreign exchange and gold: | $3.928 billion (31 December 2007 est.) | ||
| Debt - external: | $288 million (31 December 2007 est.) | ||
| Currency (code): | Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States | ||
| Currency code: | XAF | ||
| 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 | ||
Communications | Equatorial Guinea | ||
| Telephones - main lines in use: | 10,000 (2005) | ||
| Telephones - mobile cellular: | 96,900 (2005) | ||
| Telephone system: | general assessment: digital fixed-line network in most major urban areas and good mobile coverage | ||
| Radio broadcast stations: | AM 0, FM 3, shortwave 5 (2001) | ||
| Radios: | 180,000 (1997) | ||
| Television broadcast stations: | 1 (2001) | ||
| Televisions: | 4,000 (1997) | ||
| Internet country code: | .gq | ||
| Internet hosts: | 81 (2007) | ||
| Internet Service Providers (ISPs): | 1 (2002) | ||
| Internet users: | 8,000 (2006) | ||
Transportation | Equatorial Guinea | ||
| Airports: | 5 (2007) | ||
| Airports - with paved runways: | total: 5 | ||
| Airports - with unpaved runways: | total: 1 | ||
| Pipelines: | condensate 46 km; condensate/gas 5 km; gas 47 km; oil 31 km (2006) | ||
| Roadways: | total: 2,880 km (1999) | ||
| Merchant marine: | total: 1 ship (1000 GRT or over) 1,745 GRT/3,434 DWT | ||
| Ports and terminals: | Bata, Malabo | ||
Security | Equatorial Guinea | ||
| Military branches: | National Guard (Guardia Nacional (Army), with Coast Guard (Navy) and Air Wing) (2007) | ||
| Military service age and obligation: | 18 years of age (est.) (2004) | ||
| Manpower available for military service: | males age 18-49: 104,563 | ||
| Manpower fit for military service: | males age 18-49: 56,462 | ||
| Military expenditures - percent of GDP: | 0.1% (2006 est.) | ||
International | Equatorial Guinea | ||
| 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 delay final delimitation; UN urges 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 | ||
| Trafficking in persons: | current situation: Equatorial Guinea is mainly a destination country for children trafficked for forced labor, involuntary domestic servitude, and commercial sexual exploitation from surrounding countries - primarily Benin, Nigeria, Gabon, and Cameroon; victims work in the agricultural and commercial sectors of Malabo and Bata, where demand is high due to a booming oil sector and a flourishing expatriate business community; children work as farmhands, street vendors, or household servants; girls are trafficked for commercial sexual exploitation | ||
| This page was last updated on 17 January, 2008 Source: The World Factbook | |||