onded favorably to the
devaluation of the CFA franc in January 1994. Boosts in production
and high world oil prices stimulated growth in 2000, with oil
accounting for 90% of greatly increased exports.

GDP: purchasing power parity - $960 million (2000 est.)

GDP - real growth rate: 12% (2000 est.)

GDP - per capita: purchasing power parity - $2,000 (2000 est.)

GDP - composition by sector: agriculture: 20%

industry: 60%

services: 20% (1999 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 6% (1999 est.)

Labor force: NA

Unemployment rate: 30% (1998 est.)

Budget: revenues: $47 million

expenditures: $43 million, including capital expenditures of $7
million (1996 est.)

Industries: petroleum, fishing, sawmilling, natural gas

Industrial production growth rate: 7.4% (1994 est.)

Electricity - production: 21 million kWh (1999)

Electricity - production by source: fossil fuel: 85.71%

hydro: 14.29%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 19.5 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

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

Exports: $860 million (f.o.b., 2000 est.)

Exports - commodities: petroleum, timber, cocoa

Exports - partners: US 62%, Spain 17%, China 9%, France 3%, Japan
3%, (1997)

Imports: $300 million (f.o.b., 1999)

Imports - commodities: manufactured goods and equipment

Imports - partners: US 35%, France 15%, Spain 10%, Cameroon 10%, UK
6% (1997)

Debt - external: $290 million (1999 est.)

Economic aid - recipient: $33.8 million (1995)

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

Currency code: XAF

Exchange rates: Communaute Financiere Africaine francs (XAF) per US
dollar - 699.21 (January 2001), 711.98 (2000), 615.70 (1999), 589.95
(1998), 583.67 (1997), 511.55 (1996); note - from 1 January 1999,
the XAF is pegged to the euro at a rate of 655.957 XAF per euro

Fiscal year: 1 April - 31 March

Equatorial Guinea Communications

Telephones - main lines in use: 4,000 (1996)

Telephones - mobile cellular: NA

Telephone system: general assessment: poor system with adequate
government services

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