Compare Equatorial Guinea (2002) - Equatorial Guinea (2003)

Compare Equatorial Guinea (2002) z Equatorial Guinea (2003)

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	Equatorial Guinea (2002)	Equatorial Guinea (2003)

Age structure	0-14 years: 42.4% (male 106,061; female 105,071) 15-64 years: 53.8% (male 128,489; female 139,732) 65 years and over: 3.8% (male 8,385; female 10,406) (2002 est.)	0-14 years: 42.2% (male 108,179; female 107,164) 15-64 years: 54% (male 132,342; female 143,509) 65 years and over: 3.8% (male 8,576; female 10,703) (2003 est.)
Airports	3 (2001)	3 (2002)
Background	Composed of a mainland portion and five inhabited islands, Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. The tiny country, one of the smallest on the African continent, has been ruled by President OBIANG NGUEM MBASOGO since he seized power in a coup in 1979. Although nominally a constitutional democracy since 1991, the 1996 and 2002 presidential elections - as well as the 1999 legislative elections - were widely seen as being flawed.	Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. President OBIANG NGUEM MBASOGO has ruled the tiny country, composed of a mainland portion plus five inhabited islands and one of the smallest countries on the African continent, since he seized power in a coup in 1979. Although nominally a constitutional democracy since 1991, the 1996 and 2002 presidential elections - as well as the 1999 legislative elections - were widely seen as being flawed.
Birth rate	37.33 births/1,000 population (2002 est.)	36.94 births/1,000 population (2003 est.)
Death rate	12.83 deaths/1,000 population (2002 est.)	12.54 deaths/1,000 population (2003 est.)
Debt - external	$225 million (2000 est.)	$248 million (2000 est.)
Diplomatic representation from the US	chief of mission: Ambassador George McDade STAPLES; note - the US does not have an embassy in Equatorial Guinea (embassy closed September 1995); the US ambassador to Cameroon is accredited to Equatorial Guinea; the US State Department is considering opening a Consulate Agency in Malabo	the US does not have an embassy in Equatorial Guinea (embassy closed September 1995); the US ambassador to Cameroon is accredited to Equatorial Guinea; the US State Department is considering opening a Consulate Agency in Malabo
Diplomatic representation in the US	chief of mission: Ambassador Pastor Micha ONDO BILE chancery: 2020 16th Street NW, Washington, DC 20009 telephone: [1] (202) 518-5700 FAX: [1] (202) 528-5252	chief of mission: Ambassador Teodoro Biyogo NSUE chancery: 2020 16th Street NW, Washington, DC 20009 telephone: [1] (202) 518-5700 FAX: [1] (202) 518-5252
Disputes - international	tripartite maritime boundary and economic zone dispute with Cameroon and Nigeria is currently before the ICJ; maritime boundary dispute with Gabon because of disputed sovereignty over islands in Corisco Bay	in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but states have not yet agreed to abide by the decision; creation of a maritime boundary in hydrocarbon-rich Corisco Bay with Gabon is hampered by dispute over small islets on Mbane/Mbagne bank, administered and occupied by Gabon since the 1970s
Economic aid - recipient	$33.8 million (1995) (1995)	$33.8 million (1995)
Economy - overview	The discovery and exploitation of large oil reserves have contributed to dramatic economic growth in recent years. Forestry, farming, and fishing are also major components of GDP. Subsistence farming predominates. Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture). A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement. No longer eligible for concessional financing because of large oil revenues, the government has been unsuccessfully trying to agree on a "shadow" fiscal management program with the World Bank and IMF. Businesses, for the most part, are owned by government officials and their family members. Undeveloped natural resources include titanium, iron ore, manganese, uranium, and alluvial gold. Boosts in production and higher world oil prices stimulated growth in 2002, with oil accounting for 90% of increased exports.	The discovery and exploitation of large oil reserves have contributed to dramatic economic growth in recent years. Forestry, farming, and fishing are also major components of GDP. Subsistence farming predominates. Although pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings, the neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture). A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement. No longer eligible for concessional financing because of large oil revenues, the government has been unsuccessfully trying to agree on a "shadow" fiscal management program with the World Bank and IMF. Businesses, for the most part, are owned by government officials and their family members. Undeveloped natural resources include titanium, iron ore, manganese, uranium, and alluvial gold. Growth will remain strong in 2003, led by oil.
Electricity - consumption	20.46 million kWh (2000)	21.91 million kWh (2001)
Electricity - exports	0 kWh (2000)	0 kWh (2001)
Electricity - imports	0 kWh (2000)	0 kWh (2001)
Electricity - production	22 million kWh (2000)	23.56 million kWh (2001)
Electricity - production by source	fossil fuel: 91% hydro: 9% nuclear: 0% other: 0% (2000)	fossil fuel: 94.3% hydro: 5.7% nuclear: 0% other: 0% (2001)
Exchange rates	Communaute Financiere Africaine francs (XAF) per US dollar - 742.79 (January 2002), 733.04 (2001), 711.98 (2000), 615.70 (1999), 589.95 (1998), 583.67 (1997); note - from 1 January 1999, the XAF is pegged to the euro at a rate of 655.957 XAF per euro	Communaute Financiere Africaine francs (XAF) per US dollar - 696.99 (2002), 733.04 (2001), 711.98 (2000), 615.7 (1999), 589.95 (1998)
Exports	$2.1 billion f.o.b. (2001 est.)	NA (2001)
Exports - commodities	petroleum, timber, cocoa	petroleum, methanol, timber, cocoa
Exports - partners	China 24%, Japan 7%, US 7%, South Korea 5% (1999)	US 28.3%, Spain 25.3%, China 17.4%, Canada 10.6%, France 4.9% (2002)
GDP	purchasing power parity - $1.04 billion (2001 est.)	purchasing power parity - $1.27 billion (2002 est.)
GDP - per capita	purchasing power parity - $2,100 (2001 est.)	purchasing power parity - $2,700 (2002 est.)
GDP - real growth rate	6% (2001 est.)	20% (2002 est.)
Highways	total: 2,880 km paved: 0 km unpaved: 2,880 km (1996)	total: 2,880 km (1999 est.)
Imports	$736 million f.o.b. (2001)	NA (2001)
Imports - commodities	petroleum sector equipment, manufactured goods and equipment	petroleum sector equipment, other equipment
Imports - partners	US 60%, France 12%, Spain 8%, Italy 6% (1999)	US 29.1%, Spain 15.9%, UK 14.8%, France 10.4%, Norway 7.2%, Netherlands 4.8%, Italy 4.7% (2002)
Industrial production growth rate	7.4% (1994 est.)	30% (2002 est.)
Infant mortality rate	90.96 deaths/1,000 live births (2002 est.)	total: 89.02 deaths/1,000 live births male: 95.25 deaths/1,000 live births female: 82.61 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices)	6% (2001 est.)	6% (2002 est.)
International organization participation	ACCT, ACP, AfDB, BDEAC, CEEAC, CEMAC, ECA, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, NAM, OAS (observer), OAU, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTrO (applicant)	ACCT, ACP, AfDB, BDEAC, CEEAC, CEMAC, ECA, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, NAM, OAS (observer), OAU, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTrO (observer)
Life expectancy at birth	total population: 54.35 years male: 52.26 years female: 56.5 years (2002 est.)	total population: 54.75 years male: 52.63 years female: 56.93 years (2003 est.)
Literacy	definition: age 15 and over can read and write total population: 78.5% male: 89.6% female: 68.1% (1995 est.)	definition: age 15 and over can read and write total population: 85.7% male: 93.3% female: 78.4% (2003 est.)
Merchant marine	total: 6 ships (1,000 GRT or over) totaling 14,413 GRT/16,251 DWT ships by type: bulk 1, cargo 3, passenger 1, passenger/cargo 1 (2002 est.)	total: 3 ships (1,000 GRT or over) 7,571 GRT/9,670 DWT ships by type: bulk 1, cargo 1, passenger/cargo 1 (2002 est.)
Military expenditures - dollar figure	$27.5 million (FY01)	$30 million (FY02)
Military expenditures - percent of GDP	2.5% (FY01)	2.5% (FY02)
Military manpower - availability	males age 15-49: 112,664 (2002 est.)	males age 15-49: 116,496 (2003 est.)
Military manpower - fit for military service	males age 15-49: 57,194 (2002 est.)	males age 15-49: 59,110 (2003 est.)
Natural resources	oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium	oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium, titanium, iron ore
Net migration rate	NEGL migrant(s)/1,000 population (2002 est.)	0 migrant(s)/1,000 population (2003 est.)
Pipelines	-	condensate 37 km; gas 39 km; liquid natural gas 4 km; oil 24 km (2003)
Population	498,144 (July 2002 est.)	510,473 (July 2003 est.)
Population growth rate	2.45% (2002 est.)	2.44% (2003 est.)
Radios	180,000 (1997)	-
Sex ratio	at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.92 male(s)/female 65 years and over: 0.81 male(s)/female total population: 0.95 male(s)/female (2002 est.)	at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.92 male(s)/female 65 years and over: 0.8 male(s)/female total population: 0.95 male(s)/female (2003 est.)
Total fertility rate	4.81 children born/woman (2002 est.)	4.75 children born/woman (2003 est.)

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