Malabo; note - Malabo is on the island of Bioko; some months of the year, the government operates out of Bata on the mainland region.
Population
1,795,834
Sub-Zones
8
General Information
Basic details about Equatorial Guinea
Population:
1,795,834
Area:
28,051 sq km
Currency:
Cooperation Financiere en Afrique Centrale francs
Languages:
Spanish, other, Bubi, Portuguese, French, Fa d'Ambo spoken in Annobon) 32.4
Economic Overview
Key economic indicators for Equatorial Guinea
GDP:
$28.985 billion
GDP per Capita:
$15,700
GDP Growth:
-5.09%
Inflation:
4.79%
Unemployment:
8.67%
Public Debt:
37.4% of GDP
Political System
Governance structure of Equatorial Guinea
Government Type:
presidential republic
Head of State:
President OBIANG Nguema Mbasogo (since 3 August 1979)
Head of Government:
Prime Minister Manuela ROKA Botey (since 1 February 2023)
Judiciary:
Supreme Court of Justice (consists of the President of the Supreme Court and nine judges organized into civil, criminal, commercial, labor, administrative, and customary sections); Constitutional Court (consists of the court president and 4 members)
Administrative Divisions:
8 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Djibloho, Kie-Ntem, Litoral, Wele-Nzas
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
2020 16th Street NW, Washington, DC 20009
Major Alliances and Organizations
AU
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
3.1% (2023 est.)
Industry
46.5% (2023 est.)
Services
50.4% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$6.231 billion
Imports:
$4.297 billion
Major Trading Partners
China 27
Netherlands 12
Spain 10
Italy 7
Germany 6
Economic Outlook
Equatorial Guinea has a -5.09% GDP growth rate with 4.79% inflation. The economy is characterized by a strong agriculture sector.