top of pageBackground: Composed of a mainland portion and five inhabited islands Equatorial Guinea has been ruled by ruthless leaders who have badly mismanaged the economy since independence from 190 years of Spanish rule in 1968. Although nominally a constitutional democracy since 1991 the 1996 presidential and 1999 legislative elections were widely seen as being flawed.
Climate: tropical; always hot humid
Terrain: coastal plains rise to interior hills; islands are volcanic
Natural resources: oil petroleum timber small unexploited deposits of gold manganese uranium
GeographyNote: insular and continental regions rather widely separated
top of pageEthnic groups: Bioko (primarily Bubi some Fernandinos) Rio Muni (primarily Fang) Europeans less than 1000 mostly Spanish
Languages: Spanish (official) French (official) pidgin English Fang Bubi Ibo
Religions: nominally Christian and predominantly Roman Catholic pagan practices
Birth rate: 37.72 births/1000 population (2001 est.)
Death rate: 13.11 deaths/1000 population (2001 est.)
top of pageAdministrative divisions: 7 provinces (provincias singular - provincia); Annobon Bioko Norte Bioko Sur Centro Sur Kie-Ntem Litoral Wele-Nzas
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 adult
Executive branchChief of state: President Brig. Gen. (Ret.) Teodoro OBIANG NGUEMA MBASOGO (since 3 August 1979 when he seized power in a military coup)
Head of government: Prime Minister Candido Muatetema RIVAS (since 26 February 2001); First Deputy Prime Minister Miguel OYONO NDONG (since NA January 1998); Deputy Prime Minister Demetrio Elo NDONG NZE FUMU (since NA January 1998)
Cabinet: Council of Ministers appointed by the president
Elections: president elected by popular vote to a seven-year term; election last held 25 February 1996 (next to be held NA February 2003); prime minister and vice prime ministers appointed by the president
Election results: President Teodoro OBIANG NGUEMA MBASOGO reelected with 98% of popular vote in elections marred by widespread fraud
Legislative branchElections: last held 7 March 1999 (next to be held NA 2004)
Election results: percent of vote by party - PDGE 80%, UP 6%, CPDS 5%; seats by party - PDGE 75, UP 4 and CPDS 1
Note: opposition parties have refused to take up their seats in the House to protest widespread irregularities in the 1999 legislative elections
Political parties and leaders: Convergence Party for Social Democracy or CPDS [Placido Miko 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 [Miguel Esono EMAN]; Popular Union or UP [Andres Moises Bda ADA]; Progressive Democratic Alliance or ADP [Victorino Bolekia BONAY mayor of Malabo]; Union of Independent Democrats of UDI [Daniel OYONO]
International organization participation: ACCT ACP AfDB BDEAC CEEAC CEMAC ECA FAO FZ G-77 IBRD ICAO ICRM IDA IFAD IFC IFRCS ILO IMF IMO Intelsat Interpol IOC ITU NAM OAS (observer) OAU OPCW UN UNCTAD UNESCO UNIDO UPU WHO WIPO WToO WTrO (applicant)
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)
top of pageEconomy 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 deterioration of the rural economy under successive brutal regimes has diminished potential for agriculture-led growth. A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of the government's gross corruption and mismanagement. Businesses for the most part are owned by government officials and their family members. Undeveloped natural resources include titanium iron ore manganese uranium and alluvial gold. The country responded favorably to the devaluation of the CFA franc in January 1994. Boosts in production and high world oil prices stimulated growth in 2000 with oil accounting for 90% of greatly increased exports.
Agriculture products: coffee cocoa rice yams cassava (tapioca) bananas palm oil nuts; livestock; timber
Industries: petroleum fishing sawmilling natural gas
Imports: $300 million (f.o.b. 1999)
Commodities: manufactured goods and equipment
Partners: US 35% France 15% Spain 10% Cameroon 10% UK 6% (1997)
Exchange rates: Communaute Financiere Africaine francs (XAF) per US dollar - 699.21 (January 2001) 711.98 (2000) 615.70 (1999) 589.95 (1998) 583.67 (1997) 511.55 (1996); note - from 1 January 1999 the XAF is pegged to the euro at a rate of 655.957 XAF per euro
top of pagetop of pagetop of pagetop of pageMerchant marineTotal: 12 ships (1,000 GRT or over) totaling 26,035 GRT/27,927 DWT
Ships by type: bulk 1, cargo 7, combination bulk 1, passenger 2, passenger/cargo 1 (2000 est.)
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