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Equatorial Guinea

Equatorial Guinea Economic Outlook

Equatorial Guinea continues to struggle to emerge from the economic recession caused by the 2014 slump in oil prices. Real GDP is estimated to have shrunk by 4.1% in 2019 after a contraction of 6.1% in 2018 due to less activity in the oil sector. The inflation rate remains low, at 1.4% in 2019 versus 1.3% in 2018, below the CEMAC target of 3%.

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Key Facts

Flag:
Capital: Malabo
Area: 28,051 sq km
Total Population 2017: 0.9 Million...
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 15.4 Billion
GNI Per Capita 2015: US$ 7,790
Inflation Rate: 1.39%
Crude Birth Rate (per 1000): 33.80%
Human Development Index (rank / 188): 135
Human Development Index (scale 0 to 1): 0.592
Membership Date: 30/06/1975
Cumulative Approvals (1967-2016): UA 131.5 Million

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Contacts

Gabon Country Office

Groupe de la Banque africaine de développement
1er Etage Résidence Saint Georges, Quartier Kalikak
B.P. 4075
Libreville, Gabon

  • Tél : +241 01442953 /+241 05921010 / +241 07465134 / +241 07462048 / +241 07463455
  • Fax :+241 01442951

Mr Masumbuko Robert , Country Manager

Mr. Ousmane Dore, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51

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