Equatorial Guinea

Official Name: The Republic of Equatorial Guinea
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Republica de Guinea Ecuatorial; Republique de Guinee Equatoriale
ISO Country Codes: GQ : GNQ
Internet Domain: .gq
Government Web Site: https://www.guineaecuatorialpress.com/?lang=en
Capital: Malabo Main Airports: Saint Isabel Airport
Language(s): Spanish Population: 1,679,172
Currency: CFA Franc BEAC ISO Currency Code: XAF
Telephone Dial In: +240 ID Prefix: 00



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Equatorial Guinea

Government Website: https://www.guineaecuatorialpress.com/?lang=en
Central Bank: Banque des États de l'Afrique Centrale
Currency USD Exchange Rate: 605.3 Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar (2017 est.)
Unemployment Rate: 8.6% (2014 est.)
Population below poverty line: 44% (2011 est.)
Inflation Rate: 1.2% (2019 est.)
Prime Lending Rate: 15% (31-Dec-17 - Photius)
GDP: $23.924 billion (2021 est.)
GDP Pro Capita (PPP): $14,600 (2021 est.)
Currency Name: CFA Franc BEAC
Currency Code: XAF
World Bank Classification: Upper-Middle-Income Economy

GDP Composition:

Agriculture: 8.8% coffee, cocoa, rice, yams, cassava (manioc, tapioca), bananas, palm oil nuts; livestock; timber
Industry: 71.7% petroleum, natural gas, sawmilling
Services: 16.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:


National Dataset(s):

Equatorial Guinea


Subject to Country Specific Sanctions? NO

Business Language(s): Spanish
Development Bank(s): African Development Bank;
Competitive Ind’l Performance: 172/184 (2021) Corruption Perceptions Index: 171/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: N/A
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Export Credit Agency: Caribbean Export Development Agency ;

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Investment Agency: InvestEG ;


Imports:

$6.245 billion (2019 est.)

Main Imports:

petroleum sector equipment, other equipment, construction materials, vehicles

Exports:

$8.776 billion (2019 est.)

Main Exports:

petroleum products, timber


Top Export Partners:

China 17.2%

South Korea 15.6%

Spain 9.4%

Brazil 8.5%

Netherlands 7.1%

Top Import Partners:

Netherlands 17%

Spain 16.5%

China 15%

US 9%

Cote dIvoire 6%


Source: Central Intelligence Agency Factbook


Regional Trade Agreements & Organisations:

Equatorial Guinea

Accountancy Associations

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Banking Association

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Company Register

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Customs & Excise

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Government Procurement

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Law Associations & Firms

Ilustre Colegio de abogados de Guinea Ecuatorial

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Tax Identification Codes

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Yellow Pages

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