Equatorial Guinea

Equatorial Guinea Economic Outlook

  • The country has entered into recession following a decline in oil revenue. Growth was negative (-1.4%) in 2013 and is projected to remain so, at -1.8%, in 2014.
  • The authorities maintained investment expenditure high at 37.9% of GDP, causing a budget deficit of 7.5% of GDP in 2013.
  • Oil and gas revenue have allowed rapid development of basic infrastructure in recent years, but there was no attending diversification of the economy or significant improvement of the population’s living conditions.

Contacts

Bureau National du Gabon

Groupe de la Banque africaine de développement
Résidence Saint Georges, Quartier Kalikak
B.P. 4075
Libreville, Gabon

Tél : (241) 1442952 /(241) 1442953
Fax : (241) 1442951

M. Moulay Lahcen Ennahli, Représentant Résident

Mrs. Kanga, Marlene
African Development Bank Group   
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisie
Tel : (216) 7110-2833/ 7110-2060
Fax : (216) 71 103760

Key Facts

Flag:
Capital: Malabo
Area: 28,051 sq km
Total Population 2013: 0.8 Million
Urban Population 2013: 39.81%
Female Population 2013: 48.79%
GDP: US$ 18.0 Billion
GNI Per Capita 2013: US$ 13,560
Inflation Rate: 5.01%
Crude Birth Rate (per 1000): 35.36%
Human Development Index (rank / 187): 136
Human Development Index (scale 0 to 1): 0.554
Membership Date: 30/06/1975
Cumulative Approvals (1967-2013): UA 130.7 Million

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