top of pageBackground: Composed of a mainland portion and five inhabited islands Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. The tiny country one of the smallest on the African continent has been ruled by President OBIANG NGUEM MBASOGO since he seized power in a coup in 1979. Although nominally a constitutional democracy since 1991 the 1996 and 2002 presidential elections - as well as the 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: 37.33 births/1000 population (2002 est.)
Death rate: 12.83 deaths/1000 population (2002 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)
Elections: president elected by popular vote for a seven-year term; election last held 15 December 2002 (next to be held NA December 2009); prime minister and deputy prime ministers appointed by the president
Election results: Teodoro OBIANG NGUEMA MBASOGO reelected president; percent of vote - Teodoro OBIANG NGUEMA MBASOGO 97.1%, Celestino Bonifacio BACALE 2.2%; elections marred by widespread fraud
Cabinet: Council of Ministers appointed by the president
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)
Legislative branchElections: last held 7 March 1999 (next to be held NA March 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]; 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 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 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 unsuccessfully trying to agree on a 'shadow' fiscal management program with the World Bank and IMF. 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. Boosts in production and higher world oil prices stimulated growth in 2002 with oil accounting for 90% of increased exports.
Agriculture products: coffee cocoa rice yams cassava (tapioca) bananas palm oil nuts; livestock; timber
Industries: petroleum fishing sawmilling natural gas
Imports: $736 million f.o.b. (2001)
Commodities: petroleum sector equipment manufactured goods and equipment
Partners: US 60% France 12% Spain 8% Italy 6% (1999)
Exchange rates: Communaute Financiere Africaine francs (XAF) per US dollar - 742.79 (January 2002) 733.04 (2001) 711.98 (2000) 615.70 (1999) 589.95 (1998) 583.67 (1997); 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 pagetop of pageDisputes international: tripartite maritime boundary and economic zone dispute with Cameroon and Nigeria is currently before the ICJ; maritime boundary dispute with Gabon because of disputed sovereignty over islands in Corisco Bay
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