(WIPO code: GQ) (latest review January 2023)
Equatorial Guinea
General Information
Area
28,051 sq. km.
Population
1,679,172 (2022).
Capital
Malabo.
Languages
Spanish (official), French, Fang, Bubi.
Currency
Coopération financière en Afrique centrale franc (CFA franc) (1 euro = 655.40 CFA francs) (1 U.S. dollar = 620 CFA francs) (December 2022).
Main agricultural and natural products
Coffee, cocoa, rice, yams, cassava, bananas, palm oil, nuts, livestock, timber.
Main industries
Petroleum, natural gas, sawmilling.
Main exports
Petroleum products and timber.
GDP
(per capita): U.S.$ 8,462 (estimated 2021).
General Remarks
Equatorial Guinea comprises a mainland territory (Rio Muni) and some island territories (the most important being Bioko, two volcanic mountains, previously named Fernando Po) on the Atlantic coast of Africa bordering on Cameroon and Gabon. The country is divided into seven administrative provinces. It gained independence on October 12, 1968, and its form of government is a republic.
The main production sectors are industry (54.6%), services (42.9%) and agriculture (2.5%) (estimated 2017), with important forestry and fishing industries. The country's natural resources include petroleum, timber (ebony, mahogany, oak), gold, manganese, and uranium deposits.