Equatorial Guinea Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $75 million (1983); $420 per capita; economy destroyed during regime of former President Masie Nguema

Natural resources: timber, petroleum minerals, agriculture

Agriculture: major cash crops—Rio Muni, timber, coffee; Bioko, cocoa; main food products—rice, yams, cassava, bananas, oil palm nuts, manioc, livestock

Major industries: fishing sawmilling

Electric power: (including Rio Muni and Fernando Po) 10,000 kW capacity (1985); 17 million kWh produced (1985), 50 kWh per capita

Exports $16.9 million (1982 est.); cocoa, coffee, wood

Imports. $41.5 million (1982 est.); foodstuffs, chemicals and chemical products, textiles

Major trade partner: Spain

Budget: (1976) receipts, $2.8 million

Monetary conversion rate: ekuele replaced by Communaute Financiere Africaine (CFA) franc in 1985; 475 CFA francs=US$l (1985)

Fiscal year: calendar year

NOTE: The information regarding Equatorial Guinea on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Equatorial Guinea 1986 information contained here. All suggestions for corrections of any errors about Equatorial Guinea 1986 should be addressed to the CIA or the source cited on each page.