The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

Equatorial Guinea

Equatorial Guinea Economic Outlook

Despite rising oil prices, real GDP contracted by an estimated 7.9% in 2018, compared with 2.9% in 2017, continuing a recession due to lower oil prices and weak economic diversification that led to a total contraction of about 29% from 2015 to 2018. The primary factor in the decline was reduced yields at working oil wells, which lowered oil output by 14%. The country still depends heavily on hydrocarbons, which in 2017 accounted for 56% of GDP, 95% of exports, and 80% of fiscal revenues.

Read more


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

Show more facts


Activity



Resources



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. Robert Masumbuko , 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

You are currently offline. Some pages or content may fail to load.