Equatorial Guinea (2002) | Iceland (2004) | |
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Administrative divisions | 7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas | 8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland |
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: 22.5% (male 33,522; female 32,489)
15-64 years: 65.8% (male 98,091; female 95,450) 65 years and over: 11.7% (male 15,552; female 18,862) (2004 est.) |
Agriculture - products | coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber | potatoes, green vegetables, mutton, dairy products, fish |
Airports | 3 (2001) | 100 (2003 est.) |
Airports - with paved runways | total: 2
2,438 to 3,047 m: 1 1,524 to 2,437 m: 1 (2002) |
total: 5
over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2004 est.) |
Airports - with unpaved runways | total: 1
under 914 m: 1 (2002) |
total: 93
1,524 to 2,437 m: 3 914 to 1,523 m: 29 under 914 m: 61 (2004 est.) |
Area | total: 28,051 sq km
land: 28,051 sq km water: 0 sq km |
total: 103,000 sq km
land: 100,250 sq km water: 2,750 sq km |
Area - comparative | slightly smaller than Maryland | slightly smaller than Kentucky |
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. | Settled by Norwegian and Celtic (Scottish and Irish) immigrants during the late 9th and 10th centuries A.D., Iceland boasts the world's oldest functioning legislative assembly, the Althing, established in 930. Independent for over 300 years, Iceland was subsequently ruled by Norway and Denmark. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine. Over the next quarter century, 20% of the island's population emigrated, mostly to Canada and the US. Limited home rule from Denmark was granted in 1874 and complete independence attained in 1944. Literacy, longevity, income, and social cohesion are first-rate by world standards. |
Birth rate | 37.33 births/1,000 population (2002 est.) | 13.83 births/1,000 population (2004 est.) |
Budget | revenues: $200 million
expenditures: $158 million, including capital expenditures of $NA (2001 est.) |
revenues: $4.205 billion
expenditures: $4.405 billion, including capital expenditures of $467 million (2003) |
Capital | Malabo | Reykjavik |
Climate | tropical; always hot, humid | temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers |
Coastline | 296 km | 4,988 km |
Constitution | approved by national referendum 17 November 1991; amended January 1995 | 16 June 1944, effective 17 June 1944 |
Country name | conventional long form: Republic of Equatorial Guinea
conventional short form: Equatorial Guinea local long form: Republica de Guinea Ecuatorial local short form: Guinea Ecuatorial former: Spanish Guinea |
conventional long form: Republic of Iceland
conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island |
Currency | Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States | Icelandic krona (ISK) |
Death rate | 12.83 deaths/1,000 population (2002 est.) | 6.57 deaths/1,000 population (2004 est.) |
Debt - external | $225 million (2000 est.) | $2.6 billion (1999) |
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 | chief of mission: Ambassador James I. GADSDEN
embassy: Laufasvegur 21, 101 Reykjavik mailing address: US Embassy, PSC 1003, Box 40, FPO AE 09728-0340 telephone: [354] 562-9100 FAX: [354] 562-9118 |
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 Helgi AGUSTSSON
chancery: Suite 1200, 1156 15th Street NW, Washington, DC 20005-1704 telephone: [1] (202) 265-6653 FAX: [1] (202) 265-6656 consulate(s) general: New York |
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 | Rockall continental shelf dispute involving Denmark, Iceland, and the UK (Ireland and the UK have signed a boundary agreement in the Rockall area) remains dormant; dispute with Denmark over the Faroe Islands' fisheries median line boundary within 200 nm; disputes with Denmark, the UK, and Ireland over the Faroe Islands continental shelf boundary outside 200 nm |
Economic aid - donor | - | NA |
Economic aid - recipient | $33.8 million (1995) (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. | Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system (including generous housing subsidies), low unemployment, and remarkably even distribution of income. In the absence of other natural resources (except for abundant geothermal power), the economy depends heavily on the fishing industry, which provides 70% of export earnings and employs 12% of the work force. The economy remains sensitive to declining fish stocks as well as to fluctuations in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. Government policies include reducing the budget and current account deficits, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, diversifying the economy, and privatizing state-owned industries. The government remains opposed to EU membership, primarily because of Icelanders' concern about losing control over their fishing resources. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, and new developments in software production, biotechnology, and financial services are taking place. The tourism sector is also expanding, with the recent trends in ecotourism and whale watching. Growth had been remarkably steady in 1996-2001 at 3%-5%, but could not be sustained in 2002 in an environment of global recession. Growth resumed in 2003, and inflation dropped back from 5% to 2%. |
Electricity - consumption | 20.46 million kWh (2000) | 7.341 billion kWh (2001) |
Electricity - exports | 0 kWh (2000) | 0 kWh (2001) |
Electricity - imports | 0 kWh (2000) | 0 kWh (2001) |
Electricity - production | 22 million kWh (2000) | 7.894 billion kWh (2001) |
Electricity - production by source | fossil fuel: 91%
hydro: 9% nuclear: 0% other: 0% (2000) |
- |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Pico Basile 3,008 m |
lowest point: Atlantic Ocean 0 m
highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier) |
Environment - current issues | tap water is not potable; deforestation | water pollution from fertilizer runoff; inadequate wastewater treatment |
Environment - international agreements | party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Law of the Sea, Ship Pollution
signed, but not ratified: none of the selected agreements |
party to: Air Pollution, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Kyoto Protocol, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Transboundary Air Pollution, Wetlands
signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Environmental Modification, Marine Life Conservation |
Ethnic groups | Bioko (primarily Bubi, some Fernandinos), Rio Muni (primarily Fang), Europeans less than 1,000, mostly Spanish | homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6% |
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 | Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (1999) |
Executive branch | chief of state: President Brig. Gen. (Ret.) Teodoro OBIANG NGUEMA MBASOGO (since 3 August 1979 when he seized power in a military coup)
head of government: Prime Minister Candido Muatetema RIVAS (since 26 February 2001); First Deputy Prime Minister Miguel OYONO NDONG (since NA January 1998); Deputy Prime Minister Demetrio Elo NDONG NZE FUMU (since NA January 1998) cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a seven-year term; election last held 15 December 2002 (next to be held NA December 2009); prime minister and deputy prime ministers appointed by the president election results: Teodoro OBIANG NGUEMA MBASOGO reelected president; percent of vote - Teodoro OBIANG NGUEMA MBASOGO 97.1%, Celestino Bonifacio BACALE 2.2%; elections marred by widespread fraud |
chief of state: President Olafur Ragnar GRIMSSON (since 1 August 1996)
head of government: Prime Minister Halldor ASGRIMSSON (since 15 September 2004); note - Former Prime Minister David ODDSSON switched positions with former Foreign Minister Halldor ASGRIMMSON cabinet: Cabinet appointed by the prime minister and approved by Parliament elections: president, which is largely a ceremonial post, elected by popular vote for a four-year term; election last held 26 June 2004 (next to be held June 2008); prime minister appointed by the president election results: Olafur Ragnar GRIMSSON wins with 85.6% of the vote, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9% |
Exports | $2.1 billion f.o.b. (2001 est.) | 0 bbl/day (2001) |
Exports - commodities | petroleum, timber, cocoa | fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon |
Exports - partners | China 24%, Japan 7%, US 7%, South Korea 5% (1999) | Germany 17.4%, UK 17.4%, Netherlands 11.2%, US 9.8%, Spain 6.3%, Denmark 5%, Norway 4.5%, France 4% (2003) |
Fiscal year | 1 January - 31 December | calendar year |
Flag description | three equal horizontal bands of green (top), white, and red with a blue isosceles triangle based on the hoist side and the coat of arms centered in the white band; the coat of arms has six yellow six-pointed stars (representing the mainland and five offshore islands) above a gray shield bearing a silk-cotton tree and below which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice) | blue with a red cross outlined in white extending to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag) |
GDP | purchasing power parity - $1.04 billion (2001 est.) | purchasing power parity - $8.678 billion (2003 est.) |
GDP - composition by sector | agriculture: 20%
industry: 60% services: 20% (1999 est.) |
agriculture: 9.2% (includes fishing 12%)
industry: 26.7% services: 64.2% (2003 est.) |
GDP - per capita | purchasing power parity - $2,100 (2001 est.) | purchasing power parity - $30,900 (2003 est.) |
GDP - real growth rate | 6% (2001 est.) | 2.6% (2003 est.) |
Geographic coordinates | 2 00 N, 10 00 E | 65 00 N, 18 00 W |
Geography - note | insular and continental regions rather widely separated | strategic location between Greenland and Europe; westernmost European country; Reykjavik is the northernmost national capital in the world; more land covered by glaciers than in all of continental Europe |
Highways | total: 2,880 km
paved: 0 km unpaved: 2,880 km (1996) |
total: 12,955 km
paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA
highest 10%: NA |
Imports | $736 million f.o.b. (2001) | 15,470 bbl/day (2001) |
Imports - commodities | petroleum sector equipment, manufactured goods and equipment | machinery and equipment, petroleum products; foodstuffs, textiles |
Imports - partners | US 60%, France 12%, Spain 8%, Italy 6% (1999) | Germany 11.8%, Denmark 8%, US 7.5%, UK 7.5%, Norway 7%, Sweden 6.5%, Netherlands 6.2%, Italy 4.7% (2003) |
Independence | 12 October 1968 (from Spain) | 1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark) |
Industrial production growth rate | 7.4% (1994 est.) | 8.1% (2003 est.) |
Industries | petroleum, fishing, sawmilling, natural gas | fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism |
Infant mortality rate | 90.96 deaths/1,000 live births (2002 est.) | total: 3.31 deaths/1,000 live births
male: 3.44 deaths/1,000 live births female: 3.17 deaths/1,000 live births (2004 est.) |
Inflation rate (consumer prices) | 6% (2001 est.) | 2.1% (2003 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) | Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO |
Internet Service Providers (ISPs) | 1 (2002) | - |
Irrigated land | NA sq km | NA sq km |
Judicial branch | Supreme Tribunal | Supreme Court or Haestirettur (justices are appointed for life by the Minister of Justice); eight district courts (justices are appointed for life by the Minister of Justice) |
Labor force | NA | 160,000 (2003) |
Labor force - by occupation | - | agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999) |
Land boundaries | total: 539 km
border countries: Cameroon 189 km, Gabon 350 km |
0 km |
Land use | arable land: 4.63%
permanent crops: 3.57% other: 91.8% (1998 est.) |
arable land: 0.07%
permanent crops: 0% other: 99.93% (2001) |
Languages | Spanish (official), French (official), pidgin English, Fang, Bubi, Ibo | Icelandic, English, Nordic languages, German widely spoken |
Legal system | partly based on Spanish civil law and tribal custom | civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | unicameral House of People's Representatives or Camara de Representantes del Pueblo (80 seats; members directly elected by popular vote to serve five-year terms)
elections: last held 7 March 1999 (next to be held NA March 2004) election results: percent of vote by party - PDGE 80%, UP 6%, CPDS 5%; seats by party - PDGE 75, UP 4 and CPDS 1 note: opposition parties have refused to take up their seats in the House to protest widespread irregularities in the 1999 legislative elections |
unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)
elections: last held 10 May 2003 (next to be held by May 2007) election results: percent of vote by party - Independence Party 33.7%, Social Democratic Alliance 31.0%, Progressive Party 17.7%, Left-Green Alliance 8.8%, Liberal Party 7.4%; seats by party - Independence Party 22, Social Democratic Alliance 20, Progressive Party 12, Left-Green Alliance 5, Liberal Party 4 |
Life expectancy at birth | total population: 54.35 years
male: 52.26 years female: 56.5 years (2002 est.) |
total population: 80.18 years
male: 78.18 years female: 82.27 years (2004 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: 99.9% (1997 est.) male: NA female: NA |
Location | Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon | Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK |
Map references | Africa | Arctic Region |
Maritime claims | exclusive economic zone: 200 NM
territorial sea: 12 NM |
territorial sea: 12 nm
exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin |
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: 1 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT
by type: petroleum tanker 1 registered in other countries: 26 (2004 est.) |
Military - note | - | defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik |
Military branches | Army, Navy, Air Force, Rapid Intervention Force, National Police | no regular armed forces; Police, Coast Guard |
Military expenditures - dollar figure | $27.5 million (FY01) | 0 |
Military expenditures - percent of GDP | 2.5% (FY01) | - |
Military manpower - availability | males age 15-49: 112,664 (2002 est.) | males age 15-49: 75,568 (2004 est.) |
Military manpower - fit for military service | males age 15-49: 57,194 (2002 est.) | males age 15-49: 66,503 (2004 est.) |
National holiday | Independence Day, 12 October (1968) | Independence Day, 17 June (1944) |
Nationality | noun: Equatorial Guinean(s) or Equatoguinean(s)
adjective: Equatorial Guinean or Equatoguinean |
noun: Icelander(s)
adjective: Icelandic |
Natural hazards | violent windstorms, flash floods | earthquakes and volcanic activity |
Natural resources | oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium | fish, hydropower, geothermal power, diatomite |
Net migration rate | NEGL migrant(s)/1,000 population (2002 est.) | 2.38 migrant(s)/1,000 population (2004 est.) |
Political parties and leaders | Convergence Party for Social Democracy or CPDS [Placido MIKO Abogo]; Democratic Party for Equatorial Guinea or PDGE (ruling party) [Teodoro OBIANG NGUEMA MBASOGO]; Party for Progress of Equatorial Guinea or PPGE [Severo MOTO]; Popular Action of Equatorial Guinea or APGE [Miguel Esono EMAN]; Popular Union or UP [Andres Moises Bda ADA]; Progressive Democratic Alliance or ADP [Victorino Bolekia BONAY]; Union of Independent Democrats of UDI [Daniel OYONO] | Independence Party or IP [David ODDSSON]; Left-Green Alliance or LGP [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Halldor ASGRIMSSON]; Social Democratic Alliance (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List) or SDA [Ossur SKARPHEDINSSON] |
Political pressure groups and leaders | NA | NA |
Population | 498,144 (July 2002 est.) | 293,966 (July 2004 est.) |
Population below poverty line | NA% | NA |
Population growth rate | 2.45% (2002 est.) | 0.97% (2004 est.) |
Ports and harbors | Bata, Luba, Malabo | Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar |
Radio broadcast stations | AM 0, FM 3, shortwave 5 (2002) | AM 3, FM about 70 (including repeaters), shortwave 1 (1998) |
Radios | 180,000 (1997) | - |
Railways | total: 0 km | - |
Religions | nominally Christian and predominantly Roman Catholic, pagan practices | Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002) |
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: 1.04 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1 male(s)/female (2004 est.) |
Suffrage | 18 years of age; universal adult | 18 years of age; universal |
Telephone system | general assessment: poor system with adequate government services
domestic: NA international: international communications from Bata and Malabo to African and European countries; satellite earth station - 1 Intelsat (Indian Ocean) |
general assessment: extensive domestic service
domestic: the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links international: country code - 354; satellite earth stations - 2 Intelsat (Atlantic Ocean), 1 Inmarsat (Atlantic and Indian Ocean regions); note - Iceland shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Norway, and Sweden) |
Telephones - main lines in use | 6,000 (1998) | 190,700 (2003) |
Telephones - mobile cellular | 300 (1998) | 279,100 (2003) |
Television broadcast stations | 1 (2002) | 14 (plus 156 low-power repeaters) (1997) |
Terrain | coastal plains rise to interior hills; islands are volcanic | mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords |
Total fertility rate | 4.81 children born/woman (2002 est.) | 1.93 children born/woman (2004 est.) |
Unemployment rate | 30% (1998 est.) | 3.4% (2003 est.) |
Waterways | none | - |