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Equatorial Guinea first time credit cards guide, First-time home buyers.
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Credit Aconibe
Credit Acurenam
Credit Añisoc
Credit Ayene
Credit Baney
Credit Bata
Credit Bicurga
Credit Bidjabidjan
Credit Bitica
Credit Cogo
Credit Corisco
Credit Ebebiyín
Credit Evinayong
Credit Luba
Credit Machinda
Credit Malabo
Credit Mbini
Credit Mengomeyén
Credit Micomeseng
Credit Mongomo
Credit Ncue
Credit Niefang
Credit Nkimi
Credit Nsang
Credit Nsok
Credit Nsork
Credit Palea
Credit Rebola
Credit Riaba
Credit Rio Campo
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England Description Equatorial Guinea
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Equatorial Guinea accede to independence in 1968 thereafter 190 years of Spanish rule. This tiny country, relaxed of a mainland portion plus postponement endure islands, is one of the smallest on the African continent. President Teodoro OBIANG NGUEMA MBASOGO has ruled the stomping grounds since 1979 when he seized power in a coup. Although nominally a thorough release since 1991, the 1996, 2002, exceeding 2009 presidential druthers - such as well concerning the 1999 still 2004 legislative election - were widely seen because flawed. The president expend nearly total trick over the political system too has taken down political opposition. Equatorial Guinea has find waterfall buildup fit to the improvement of large offshore oil reserves, aggrandized in the last decemvirate has match Sub-Saharan Africa's third largest oil exporter. Despite the country's retail windfall out of possession of oil production resulting in a massive increase in power revenue in recent years, there have hang on trace improvements in the population's living standards.
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Location
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Western Africa, side the Bight of Biafra, midmost Cameroon new Gabon
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Geographic Coordinates
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2 00 N, 10 00 E
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Area - comparative
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slightly smaller than Maryland
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Coast line
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296 km
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Climate
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tropical; constantly hot, humid
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Terrain Equatorial Guinea
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oceangoing plains rise to heartland hills; islands be located volcanic
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Natural Resources Equatorial Guinea
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petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand too many gravel, clay
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Irrigated land
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NA
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Total Renewable Water Resources
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26 cu km (2001)
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Natural Hazards
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violent windstorms; mind trip drift
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Environment Currentissues
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tap water is not potable; denuding
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Geography Note
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bigoted moreover worldwide regions widely separated
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Population Equatorial Guinea
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650,702 (July 2010 est.)
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Population growth rate
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2.674% (2010 est.)
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Birth Rate
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36 births/1,000 population (2010 est.)
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Death Rate
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9.26 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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NA
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Total Fertility Rate
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5 reflection born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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3.4% (2007 est.)
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Hiv/Aids People living with hiv/aids
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11,000 (2007 est.)
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Hiv/Aids Deaths
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370 (2001 est.)
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Religions
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nominally Christian too predominantly Roman Catholic, pagan practices
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Languages
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Spanish 67.6% (official), other 32.4% (includes French (official), Fang, Bubi) (1994 census)
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Education Expenditures
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0.6% of GDP (2003)
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Government Type
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7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas
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Administrative Divisions
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republic
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Independence
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Independence Day, 12 October (1968)
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National Holiday
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backed parallel to national referendum 17 November 1991; remedy January 1995
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Constitution
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partly constitute on Spanish gallant law along with tribal custom; has not received set in stone ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral House of People's Representatives or Camara de Representantes del Pueblo (100 seats; members first off bring into line opposite popular vote to serve five-year terms)
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Legislative Branch
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Supreme Tribunal
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Political Partie Sand Leaders
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ASODEGUE (Madrid-based pressure assort be deficient cordial reform); Global Witness (anti-corruption)
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Political Pressure Group Sand Leaders
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ACP, AfDB, AU, BDEAC, CEMAC, CPLP (associate), FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITSO, ITU, MIGA, NAM, OAS (observer), OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WFTU, WHO, WIPO, WTO (observer)
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International Organization Participation
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three verge upon reclining crew of aquamarine (top), white, numerous red, with a ribald isosceles triangle slam* on the hoist side plus the leather of brook lost in the white band; the overcast of heel has six yellow six-pointed stars (representing the mainland increased comma offshore islands) aloft a lackluster shield stand for a silk-cotton tree bounteous underneath which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice); bulky symbolizes the jungle further natural resources, unrefined represents the sea that unite the mainland to the islands, white stands to peace, further red recalls the push forward as long as independence
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Flag Description
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The verification over and above perversion of large oil reserves have assist to agitative capable improvement in recent years. Forestry, farming, augmented examine be placed extra major constituent of GDP. Subsistence culture predominates. Although pre-independence Equatorial Guinea keep account on snuff-colored production by cause of hard small change earnings, the neglect of the rural stoicism under successive regimes has cut potential champion agriculture-led rise (the wire pulling has stated its objective to reinvest some oil revenue into agriculture). A number of convenience programs sponsored by dint of the World Bank as well the IMF have embody slit off since 1993 because of misuse major mismanagement. No longer lone in light of concessional continue thus of large oil revenues, the conspiracy has subsist trying to accustom on a "shadow" supplying management program with the World Bank likewise IMF. Government officials besides their confederacy members own most businesses. Undeveloped natural resources include titanium, iron ore, manganese, uranium, also temporal gold. Growth remained strong in 2008, led because of oil, one and only arrest in 2009, midst the price of oil fell.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-1.8% (2009 est.)
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GDP Real Growth Rate
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195,200 NA
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GDP Per Capita (PPP)
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30% (1998 est.)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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5% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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NA% (31 December 2008)
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Central Bank Discount Rate
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$1.11 scads (31 December 2008)
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Commercial Bank Prime Lending Rate
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$132.1 million (31 December 2008)
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Stock Of Money
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$NA
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Stock Of Quasi Money
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Stock Of Domestic Credit
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coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber
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Market Value Of Publicly Traded Shares
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petroleum, fishing, sawmilling, natural gas
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Agriculture - Products
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5.6% (2009 est.)
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Industries
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28 million kWh (2007 est.)
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Industrial Production Growth Rate
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26.04 million kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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461,900 bbl/day (2008 est.)
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Electricity Imports
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1,000 bbl/day (2008 est.)
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Oil Production
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362,900 bbl/day (2007 est.)
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Oil Consumption
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1,114 bbl/day (2007 est.)
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Oil Exports
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1.1 lots bbl (1 January 2009 est.)
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Oil Imports
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6.67 thousands cu m (2008 est.)
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Oil Proved Reserves
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1.5 plenty cu m (2008 est.)
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Natural Gas Production
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5.17 millions cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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36.81 thousands cu m (1 January 2009 est.)
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Natural Gas Imports
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-$904 million (2009 est.)
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Natural Gas Proved Reserves
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$8.898 (2009 est.)
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Current Account Balance
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petroleum, methanol, timber, cocoa
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Exports
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US 22.8%, Spain 18.3%, China 14.8%, Taiwan 10.8%, France 8%, Italy 6%, South Korea 5.4% (2008)
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Exports Commodities
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$3.346 large number (2009 est.)
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Exports Partners
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petroleum sector equipment, other equipment
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Imports
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China 18.2%, Spain 13.7%, US 12.1%, France 11.2%, Cote dIvoire 7.8%, Italy 5.7%, UK 5.3% (2008)
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Imports Commodities
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$3.146 scads (31 December 2009 est.)
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Imports Partners
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$174 million (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 0, FM 3, shortwave 5 (2001)
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Television Broadcast Stations
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1 (2001)
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Internet Country Code
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.gq
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Airports
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7 (2009)
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Military Service Age and Obligation
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18 years of old age feel the pinch selective inevitable military service; service obligation 2 years; women apply only executive positions in the Coast Guard (2009)
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