top of pageBackground: 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 OBIANG NGUEMA MBASOGO has ruled the country for over two decades since seizing power from his uncle then President MACIAS in a 1979 coup. 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. The president controls most opposition parties through the judicious use of patronage. 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 country's living standards.
Climate: tropical; always hot humid
Terrain: coastal plains rise to interior hills; islands are volcanic
Natural resources: petroleum natural gas timber gold bauxite diamonds tantalum sand and gravel clay
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: 36.18 births/1000 population (2005 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 Miguel Abia BITEO BORICO (since 14 June 2004); First Deputy Prime Minister Mercelino Oyono NTUTUMU (since 15 June 2004); Deputy Prime Minister Ricardo Mangue Obama NFUBEA (since 15 June 2004)
Cabinet: Council of Ministers appointed by the president
Elections: president elected by popular vote for a seven-year term; election last held 15 December 2002 (next to be held 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
Legislative branchElections: last held 25 April 2004 (next to be held NA 2009)
Election results: percent of vote by party - NA; seats by party - PDGE 98, NA 2
Note: Parliament has little power since the constitution vests all executive authority in the president
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 AU BDEAC CEMAC FAO FZ G-77 IBRD ICAO ICRM IDA IFAD IFC IFRCS ILO IMF IMO Interpol IOC ITU MIGA NAM OAS (observer) OPCW UN UNCTAD UNESCO UNIDO UPU WHO WIPO WToO WTO (observer)
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. Growth presumably remained strong in 2004 led by oil.
Agriculture products: coffee cocoa rice yams cassava (tapioca) bananas palm oil nuts; livestock; timber
Industries: petroleum fishing sawmilling natural gas
Exports: $2.771 billion f.o.b. (2004 est.)
Commodities: petroleum methanol timber cocoa
Partners: US 29.3% China 22.8% Spain 16% Taiwan 14.9% Canada 6.8% (2004)
Imports: $1.167 billion f.o.b. (2004 est.)
Commodities: petroleum sector equipment other equipment
Partners: US 26.8% Cote d'Ivoire 21.4% Spain 13.6% France 8.8% UK 7.8% Italy 4.4% (2004)
Exchange rates: Communaute Financiere Africaine francs (XAF) per US dollar - 528.29 (2004) 581.2 (2003) 696.99 (2002) 733.04 (2001) 711.98 (2000)
top of pagetop of pagetop of pagetop of pagePipelines: condensate 37 km; gas 39 km; liquid natural gas 4 km; oil 24 km (2004)
top of pageDisputes 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 imprecisely defined maritime coordinates in the ICJ decision and the unresolved Bakasi allocation contribute to the delay in implementation; UN has been pressing Equatorial Guinea and Gabon to pledge to resolve the sovereignty dispute over Gabon-occupied Mbane Island and create a maritime boundary in the hydrocarbon-rich Corisco Bay
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