Names: conventional long form: Republic of Equatorial Guinea conventional short form: Equatorial Guinea local long form: Republica de Guinea Ecuatorial/Republique de Guinee equatoriale local short form: Guinea Ecuatorial/Guinee equatoriale former: Spanish Guinea

Capital City: Malabo

Population: 540,109 (July 2006 est.)

GDP Per Capita: $50,200 (2005 est.)

Currency: Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States

Languages: Spanish (official), French (official), pidgin English, Fang, Bubi, Ibo

Total Area: total: 28,051 sq km land: 28,051 sq km water: 0 sq km slightly smaller than Maryland

Region: Africa

Industries: petroleum, fishing, sawmilling, natural gas

Agriculture: coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber

Resources: petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay

Labor Force: NA

Exports: $8.961 billion f.o.b. (2006 est.)
petroleum, methanol, timber, cocoa

Imports: $2.543 billion f.o.b. (2006 est.)
petroleum sector equipment, other equipment

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 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 remained strong in 2006, led by oil. Equatorial Guinea now has the third highest per capita income in the world, after Luxembourg and Bermuda.

_{CIA World Book}

In 2007 Missouri exported $15,843 in goods to Equatorial Guinea. This ranks Equatorial Guinea 188^th among the 223 international buyers of Missouri goods. Missouri exports to Equatorial Guinea decreased from the previous year by $56,545 a change of -78.11%. State exports to Equatorial Guinea have decreased over the last 5 years by $76,499 a change of -82.84%. Missouri exports account for .00%. of all 2007 US exports to Equatorial Guinea.