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Economy Equatorial Guinea
Flag of Equatorial Guinea Equatorial Guinea
Population: 523,051 (July 2004 est.)
Capital: Malabo
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Tabular Data - The Equatoguinean Economy

GDP : purchasing power parity - $1.27 billion (2002 est.)
GDP - Real Growth Rate : 20% (2002 est.)
GDP - Per Capita : purchasing power parity - $2,700 (2002 est.)
GDP - Composition By Sector : agriculture: 20%
industry: 60%
services: 2.4% (2003 est.)
Inflation Rate (Consumer Prices) : 6% (2003 est.)
Budget : revenues: $708.5 million
expenditures: $317.6 million, including capital expenditures of NA (2003 est.)
Industries : petroleum, fishing, sawmilling, natural gas
Industrial Production Growth Rate : 30% (2002 est.)
Electricity - Production : 23.56 million kWh (2001)
Electricity - Production by Source : fossil fuel: 94.3%
hydro: 5.7%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 21.91 million kWh (2001)
Agriculture - Products : coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber
Exports : $2.1 billion f.o.b. (2003 est.)
Exports - Commodities : petroleum, methanol, timber, cocoa
Exports - Partners : US 33.3%, Spain 25.5%, China 14.2%, Canada 12.7%, Italy 6.3% (2003 est.)
Imports : $1.371 billion f.o.b. (2003 est.)
Imports - Commodities : petroleum sector equipment, other equipment
Imports - Partners : US 31%, UK 16.2%, France 15.2%, Cote d'Ivoire 12.1%, Spain 8.2%, Italy 5.4%, Norway 4.5% (2003 est.)
Debt - External : $248 million (2000 est.)
Economic Aid - Recipient : $33.8 million (1995)
Currency : Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States
Currency Code : XAF
Exchange Rates : Communaute Financiere Africaine francs (XAF) per US dollar - 581.2 (2003), 696.988 (2002), 733.039 (2001), 711.976 (2000), 615.699 (1999)
Fiscal Year : 1 January - 31 December

Country References
Country profile data for Equatorial Guinea

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Data Source: Central Intelligence Agency 2004 World Factbook