Compare Equatorial Guinea (2004) - Equatorial Guinea (2005)

Compare Equatorial Guinea (2004) z Equatorial Guinea (2005)

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	Equatorial Guinea (2004)	Equatorial Guinea (2005)

Age structure	0-14 years: 42% (male 110,268; female 109,222) 15-64 years: 54.3% (male 136,370; female 147,431) 65 years and over: 3.8% (male 8,745; female 11,015) (2004 est.)	0-14 years: 41.7% (male 112,326/female 111,244) 15-64 years: 54.5% (male 140,568/female 151,500) 65 years and over: 3.8% (male 8,900/female 11,343) (2005 est.)
Airports	3 (2003 est.)	4 (2004 est.)
Background	Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President OBIANG NGUEM MBASOGO has ruled the country for over two decades since seizing power from his uncle, then President MACIAS, in a 1979 coup. 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. The president controls most opposition parties through the judicious use of patronage. Despite the country's economic windfall from oil production resulting in a massive increase in government revenue in recent years, there have been few improvements in the country's living standards.	Equatorial Guinea gained independence in 1968 after 190 years of Spanish rule. This tiny country, composed of a mainland portion plus five inhabited islands, is one of the smallest on the African continent. President OBIANG NGUEMA MBASOGO has ruled the country for over two decades since seizing power from his uncle, then President MACIAS, in a 1979 coup. 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. The president controls most opposition parties through the judicious use of patronage. Despite the country's economic windfall from oil production resulting in a massive increase in government revenue in recent years, there have been few improvements in the country's living standards.
Birth rate	36.56 births/1,000 population (2004 est.)	36.18 births/1,000 population (2005 est.)
Budget	revenues: $708.5 million expenditures: $317.6 million, including capital expenditures of NA (2003 est.)	revenues: $813.2 million expenditures: $375.3 million, including capital expenditures of NA (2004 est.)
Currency	Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States	-
Death rate	12.27 deaths/1,000 population (2004 est.)	12 deaths/1,000 population (2005 est.)
Disputes - international	in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but a dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River, imprecisely defined coordinates in the ICJ decision, and the unresolved Bakasi allocation contribute to the delay in implementation; creation of a maritime boundary in hydrocarbon-rich Corisco Bay with Gabon is hampered by dispute over Mbane Island, administered and occupied by Gabon since the 1970s	in 2002, ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but a dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River, imprecisely defined maritime coordinates in the ICJ decision, and the unresolved Bakasi allocation contribute to the delay in implementation; UN has been pressing Equatorial Guinea and Gabon to pledge to resolve the sovereignty dispute over Gabon-occupied Mbane Island and create a maritime boundary in the hydrocarbon-rich Corisco Bay
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. Growth will remain strong in 2004, led by oil.	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 presumably remained strong in 2004, led by oil.
Electricity - consumption	21.91 million kWh (2001)	24.82 million kWh (2002)
Electricity - exports	0 kWh (2001)	0 kWh (2002)
Electricity - imports	0 kWh (2001)	0 kWh (2002)
Electricity - production	23.56 million kWh (2001)	26.69 million kWh (2002)
Exchange rates	Communaute Financiere Africaine francs (XAF) per US dollar - 581.2 (2003), 696.988 (2002), 733.039 (2001), 711.976 (2000), 615.699 (1999)	Communaute Financiere Africaine francs (XAF) per US dollar - 528.29 (2004), 581.2 (2003), 696.99 (2002), 733.04 (2001), 711.98 (2000)
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 Miguel Abia BITEO BORICO (since 14 June 2004); 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 Brig. Gen. (Ret.) Teodoro OBIANG NGUEMA MBASOGO (since 3 August 1979 when he seized power in a military coup) head of government: Prime Minister Miguel Abia BITEO BORICO (since 14 June 2004); First Deputy Prime Minister Mercelino Oyono NTUTUMU (since 15 June 2004); Deputy Prime Minister Ricardo Mangue Obama NFUBEA (since 15 June 2004) 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 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
Exports	NA (2001)	NA
Exports - partners	US 33.6%, Spain 25.8%, China 14.4%, Canada 11.8%, Italy 6.4% (2003)	US 29.3%, China 22.8%, Spain 16%, Taiwan 14.9%, Canada 6.8% (2004)
GDP	purchasing power parity - $1.27 billion (2002 est.)	-
GDP - composition by sector	agriculture: 20% industry: 60% services: 2.4% (2003 est.)	agriculture: 3% industry: 95.7% services: 1.3% (2004 est.)
Imports	NA (2001)	NA
Imports - partners	US 30.6%, UK 16%, France 15.1%, Cote d'Ivoire 11.9%, Spain 8.1%, Norway 5.9%, Italy 5.3% (2003)	US 26.8%, Cote d'Ivoire 21.4%, Spain 13.6%, France 8.8%, UK 7.8%, Italy 4.4% (2004)
Infant mortality rate	total: 87.08 deaths/1,000 live births male: 93.27 deaths/1,000 live births female: 80.71 deaths/1,000 live births (2004 est.)	total: 85.13 deaths/1,000 live births male: 91.28 deaths/1,000 live births female: 78.8 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices)	6% (2003 est.)	8.5% (2004 est.)
International organization participation	ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, MIGA, NAM, OAS (observer), OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTrO (observer)	ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, MIGA, NAM, OAS (observer), OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTO (observer)
Labor force	NA (October 2000)	NA
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 24 April 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: Parliament has little power since the constitution vests all executive authority in the president	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 25 April 2004 (next to be held NA 2009) election results: percent of vote by party - NA; seats by party - PDGE 98, NA 2 note: Parliament has little power since the constitution vests all executive authority in the president
Life expectancy at birth	total population: 55.15 years male: 53 years female: 57.36 years (2004 est.)	total population: 49.7 years male: 48.01 years female: 51.44 years (2005 est.)
Merchant marine	total: 3 ships (1,000 GRT or over) 6,556 GRT/9,704 DWT by type: cargo 2, passenger/cargo 1 registered in other countries: 1 (2004 est.)	total: 1 ships (1,000 GRT or over) 6,556 GRT/9,704 DWT by type: cargo 1 (2005)
Military branches	Army, Navy, Air Force, Rapid Intervention Force	Army, Navy, Air Force (2005)
Military expenditures - dollar figure	$75.1 million (2003)	$126.2 million (2004)
Military expenditures - percent of GDP	2.5% (2003)	2.5% (2004)
Military manpower - availability	males age 15-49: 120,463 (2004 est.)	-
Military manpower - fit for military service	males age 15-49: 61,084 (2004 est.)	-
Natural resources	oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium, titanium, iron ore	petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay
Net migration rate	0 migrant(s)/1,000 population (2004 est.)	0 migrant(s)/1,000 population (2005 est.)
Population	523,051 (July 2004 est.)	535,881 (July 2005 est.)
Population growth rate	2.43% (2004 est.)	2.42% (2005 est.)
Ports and harbors	Bata, Luba, Malabo	Malabo
Sex ratio	at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.93 male(s)/female 65 years and over: 0.79 male(s)/female total population: 0.95 male(s)/female (2004 est.)	at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.93 male(s)/female 65 years and over: 0.78 male(s)/female total population: 0.96 male(s)/female (2005 est.)
Total fertility rate	4.68 children born/woman (2004 est.)	4.62 children born/woman (2005 est.)

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