Equatorial Guinea

Equatorial Guinea Economic Outlook

  • With a rate of 5.5% in 2012 and a forecast of 4.9% for 2013, GDP growth is slowing down, a disappointing performance mainly due to a sluggish oil sector and a lower contribution from construction and services.
  • The balanced budget achieved in 2012 shows considerable improvement in the management of public resources, but it is at risk from the high level of public investments currently underway.
  • High cash inflows from oil have brought about deep structural changes in Equatorial Guinea in the past twenty years, especially in construction and basic infrastructure development, but human development and job creation have fallen short of the country’s financial and economic potential.

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





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Key Facts

Flag:
Capital: Malabo
Area: 28,051 sq km
Total Population 2012: 0.7 Million
Urban Population 2012: 40.20%
Female Population 2012: 48.77%
GDP: US$ 24.1 Billion
GNI Per Capita 2012: US$ 14,540
Inflation Rate: 4.50%
Crude Birth Rate (per 1000): 36.09%
Human Development Index (rank / 187): 136
Human Development Index (scale 0 to 1): 0.554
Membership Date: 30/06/1975
Cumulative Approvals (1967-2012): UA 130.7 Million

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