The 2017 Annual Meetings of the African Development Bank (AfDB) Group will be held on May 22-26, 2017 in Ahmedabad, India. The Annual Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage. Find out more

Equatorial Guinea

Equatorial Guinea Economic Outlook

  • GDP fell by 10.2% in 2015 due to the drop in oil prices, and according to the latest forecasts it will contract by 8% in 2016.
  • The government, aware of financial imbalances, took major steps in May 2015 to reduce public investment by half and make drastic cuts in government operating costs.
  • Equatorial Guinea’s strong dependence on petroleum has enabled it to use oil revenues to carry out structural changes over the last 15 years and implement a housing policy for new homes and better access to water and electricity

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Key Facts

Flag:
Capital: Malabo
Area: 28,051 sq km
Total Population 2015: 0.8 Million
Urban Population 2015: 39.81%
Female Population 2015: 48.79%
GDP: US$ 18.0 Billion
GNI Per Capita 2015: 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 (1967-2015): UA 131.5 Million

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Contacts

Bureau National du Gabon

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

Tél : (241) 01442952 /(241) 01442953
Fax : (241) 01442951

M. Ali Lamine Zeine, Représentant Résident

Mrs. Marlene KANGA, Director Central Africa Region

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