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Equatorial Guinea |
Capital: Malabo
Languages: Spanish 67.6% (official), other 32.4% (includes French (official), Fang, Bubi) (1994 census)
Currency: Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States
Background: Equatorial Guinea is composed of a mainland portion and five inhabited islands. It became independent from Spain in 1968. Forestry, farming, and fishing are major components of GDP. Subsistence farming predominates. 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.
PEOPLE
Population: 551,201 (July 2007 est.); 650,702 (July 2010 est.)
Life expectancy at birth:
2007
Total population: 49.51 years
Male: 48.11 years
Female: 50.95 years (2007 est.)
2010
Total population: 61.98 years
Male: 61.05 years
Female: 62.94 years (2010 est.)
Age structure:
2007
0-14 years: 41.5% (male 114,816/female 113,688)
15-64 years: 54.8% (male 145,740/female 156,097)
65 years and over: 3.8% (male 8,957/female 11,903) (2007 est.)
2010
0-14 years: 41.9% (male 134,823/female 130,308)
15-64 years: 54% (male 167,820/female 174,238)
65 years and over: 4.1% (male 11,574/female 14,678) (2010 est.)
Population growth rate: 2.015% (2007 est.); 2.674% (2010 est.)
Population below poverty line: N/A
HIV/AIDS adult prevalence rate: 3.2% (2006 est.); 3.4% (2007 est.)
People living with HIV/AIDS: 8,900 (2006 est.); 11,000 (2007 est.)
Literacy - definition: age 15 and over can read and write
Total population: 85.7%
Male: 93.3%
Female: 78.4% (2003 est.)
Refugees and Internally Displaced People: N/A
ECONOMY
Unemployment rate: N/A
Labour force by Occupation: N/A
Agricultural Products: coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber
Industries: petroleum, fishing, sawmilling, natural gas
Exports – Commodities: petroleum, methanol, timber, cocoa
Exports – Partners:
China 30.9%, US 22.3%, Spain 12.7%, Taiwan 10.6%, Portugal 6.1% (2006)
US 30.31%, China 12.54%, Japan 9.21%, Spain 7.5%, South Korea 7.01%, Taiwan 5.63%, Italy 5.38%, Netherlands 4.09% (2009)
Imports – Commodities: $2.403 billion f.o.b. (2006 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)
China 19.97%, US 17.28%, Spain 14.94%, France 9.49%, Cote d'Ivoire 6.34%, Italy 5.02% (2009)
Current issues: tap water is not potable; deforestation
Natural hazards: violent windstorms, flash floods
Source: CIA World Factbook
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