Equatorial Guinea GDP Data & Country Report

Equatorial Guinea Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Equatorial Guinea; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Bank of Central African States

International Reserves

US$ 2.346 billion (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 19.374 billion (2010 estimate)

GDP (Purchasing Power Parity)

25.804 billion of International dollars (2010 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
18.2%	63.4%	19.5%	14%	38%	9.7%	1.3%	21.4%
2008	2009	2010	2011*
10.7%	5.7%	-0.8%	7.2%

*Estimate

GDP per capita - current prices

US$ 14,342 (2010 estimate)

GDP per capita - PPP

$19,102 International Dollars (2010 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0%	0%	0.01%	0.03%	0.03%

**Forecast

GDP - composition by sector

agriculture: 3.4%
industry: 91.7%
services: 4.9% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
4.3%(2008)	7.2%	7.5%	7.3%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
1.1%	0.7%	5.1%	7.5%	8.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
19.3%	15.4%	-8%	3.4%	-3.9%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Equatorial Guinea

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -2 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-10.2% of GDP (2010 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

74.1% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.07%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$10.24 billion f.o.b. (2010 estimate)

Export commodities

petroleum, methanol, timber, cocoa

Total imports

US$3.211 billion f.o.b. (2008 estimate)

Import commodities

petroleum sector equipment, other equipment

Exports - major partners

US 20.6%, China 18.8%, Spain 13.9%, Taiwan 13.4%, France 7.5%, Japan 6.5%, Portugal 6.4% (2007)

Imports - major partners

US 19.6%, Spain 13.7%, Cote d'Ivoire 11.9%, France 9.6%, China 7.7%, Italy 6.6%, UK 6.4%, Netherlands 4.1% (2007)

FDI inflows

2008	2009	2010
US$-794 million	US$1,636 million(2009)	US$695 million(2009)

FDI outflows

2008	2009	2010
N/A	N/A	N/A

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 164 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 179 out of 183 countries(2009)

Registering property: 79 out of 183 countries

Paying Taxes: 170 out of 183 countries

Getting credit: 138 out of 183 countries

Protecting investors: 147 out of 183 countries

Trading across border: 137 out of 183 countries

Enforcing Contracts: 72 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 157 Score: 47.5 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+1

Total area

28,051 km² (2006)

Capital

Malabo (2009)

Currency

Communaute Financiere Africaine francs (XAF) (2009)

Government type

republic (2009)

Languages

Spanish 67.6% (official), other 32.4% (includes French (official), Fang, Bubi) (1994 census)

Religions

nominally Christian and predominantly Roman Catholic, pagan practices

Total population

1980	1990	2000	2010*	2015**
0.22 million	0.45 million	0.94 million	1.31 million	1.52 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
25.5%	27.9%	38.8%	39.5%

Population median age

19.0 years (2006)

Population growth rate

2.6% (2009)

Life expectancy

51 years (2007)

Adult literacy

87% (2000/2007)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:7
Civil Liberties:7 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

58.94% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

6% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

7.3043 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Equatorial Guinea GDP Data & Country Report | Global Finance