(WIPO code: GQ) (latest review December 2020)

by ELZABURU, Madrid, Spain

General Information

Area

28,051 sq. km.

Population

1,382,377 (January 2020).

Capital

Malabo.

Languages

Spanish (official), French, Fang, Bubi.

Currency

Coopération financière en Afrique centrale franc (CFA franc) (1 euro = 655.957 CFA francs) (1 U.S. dollar = 595.225 CFA francs) (February 2020).

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.$ 10,174 (estimated 2019).

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.