Central Africa, bordering the Bight of Biafra, between Cameroon and Gabon
area
28,051 sq km
land 28,051 sq km
water 0 sq km
land boundaries
528 km
coastline
296 km
climate
tropical; always hot, humid
terrain
coastal plains rise to interior hills; islands are volcanic
elevation
577 m
lowest point
Atlantic Ocean
0 m
highest point
Pico Basile
3,008 m
natural resources
petroleum
natural gas
timber
gold
bauxite
diamonds
tantalum
sand
gravel
clay
land use
arable land 4.3 %
permanent crops 2.1 %
permanent pasture 3.7 %
forest 57.5 %
other 32.4 %
population distribution
only two large cities over 30,000 people (Bata on the mainland, and the capital Malabo on the island of Bioko); small communities are scattered throughout the mainland and the five inhabited islands
people
population
836,178
164
global rank
nationality
Equatorial Guinean(s) or Equatoguinean(s)
noun
Equatorial Guinean or Equatoguinean
adjective
ethnic groups
Fang 85.7 %
Bubi 6.5 %
Mdowe 3.6 %
Annobon 1.6 %
Bujeba 1.1 %
other 1.4 %
languages
Spanish
official
other , French census
includes Fang, Bubi, Portuguese (official; official; ;
religions
nominally Christian and predominantly Roman Catholic
Muslim
Baha'i
animist
indigenous
birth rate
30.7
per 1,000 population
31
global rank
death rate
7.3
per 1,000 population
112
global rank
urban population
73.1 %
major urban areas
Malabo
pop. 297,000
life expectancy
65.7
total population
192
global rank
64.4
male
66.9
female
adult obesity rate
8%
percent of adults
156
global rank
government
country name
conventional
Republic of Equatorial Guinea
long form
Equatorial Guinea
short form
local
Republica de Guinea Ecuatorial/Republique de Guinee Equatoriale
long form
Guinea Ecuatorial/Guinee Equatoriale
short form
government type
presidential republic
capital
Malabo; note - a new capital of Cuidad de la Paz (formerly referred to as Oyala) is being built on the mainland near Djibloho; Malabo is on the island of Bioko
3.45
N,
8.47
E
independence
national holidays
Independence Day
12 October
legal system
mixed system of civil and customary law
age of suffrage
18
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 colors
green
white
red
blue
national anthem
"Caminemos pisando la senda" (Let Us Tread the Path)
economy
overview
Exploitation of oil and gas deposits, beginning in the 1990s, has driven economic growth in Equatorial Guinea; a recent rebasing of GDP resulted in an upward revision of the size of the economy by approximately 30%. Forestry and farming are minor components of GDP. Although preindependence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy since independence has diminished the potential for agriculture-led growth. Subsistence farming is the dominant form of livelihood. Declining revenue from hydrocarbon production, high levels of infrastructure expenditures, lack of economic diversification, and corruption have pushed the economy into decline in recent years and limited improvements in the general population’s living conditions. Equatorial Guinea’s real GDP growth has been weak in recent years, averaging -0.5% per year from 2010 to 2014, because of a declining hydrocarbon sector. Inflation remained very low in 2016, down from an average of 4% in 2014.
As a middle income country, Equatorial Guinea is now ineligible for most low-income World Bank and the IMF funding. 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 toward compliance with the Extractive Industries Transparency Initiative. US foreign assistance to Equatorial Guinea is limited in part because of US restrictions pursuant to the Trafficking Victims Protection Act.
Equatorial Guinea hosted two economic diversification symposia in 2014 that 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. In 2017 Equatorial Guinea signed a preliminary agreement with Ghana to sell liquefied natural gas (LNG); as oil production wanes, the government believes LNG could provide a boost to revenues, but it will require large investments and long lead times to develop.
GDP
31,520,000,000 USD
2017
agriculture products
coffee
cocoa
rice
yams
cassava
manioc
tapioca
bananas
palm oil nuts
livestock
timber
poverty level
44%
2011
budget
2,113,999,999.9,999,998
revenue (USD)
2,523,000,000
expenditures (USD)
communications
telephones
fixed lines
10,848
total subscriptions
190
global rank
mobile cellular
591,223
total subscriptions
169
global rank
broadcast media
the 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 (who is the Vice President), 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 generally accessible (2019)