rld 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.

GDP: purchasing power parity - $1.04 billion (2001 est.)

GDP - real growth rate: 6% (2001 est.)

GDP - per capita: purchasing power parity - $2,100 (2001 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% (2001 est.)

Labor force: NA

Unemployment rate: 30% (1998 est.)

Budget: revenues: $200 million expenditures: $158 million, including
capital expenditures of $NA (2001 est.)

Industries: petroleum, fishing, sawmilling, natural gas

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

Electricity - production: 22 million kWh (2000)

Electricity - production by source: fossil fuel: 90.91% hydro: 9.09%
other: 0% (2000) nuclear: 0%

Electricity - consumption: 20.46 million kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

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

Exports: $2.1 billion (f.o.b., 2001 est.)

Exports - commodities: petroleum, timber, cocoa

Exports - partners: China 24%, Japan 7%, US 7%, South Korea 5% (1999)

Imports: $736 million (f.o.b., 2001)

Imports - commodities: petroleum sector equipment, manufactured goods
and equipment

Imports - partners: US 60%, France 12%, Spain 8%, Italy 6% (1999)

Debt - external: $225 million (2000 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 - 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

Fiscal year: 1 January - 31 December

Communications Equatorial Guinea

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