Equatorial Guinea flag

Equatorial Guinea

Republic of Equatorial Guinea

Capital

Malabo

Region

Africa

Population

1,668,768

Area (km²)

28,051

💡Quick Summary

Equatorial Guinea, a small nation in Central Africa with an area of 28,051 km², boasts a population of about 1.67 million and is known for its oil wealth and biodiversity-rich rainforests. Its capital, Malabo, sits on Bioko Island, while the mainland features volcanic landscapes and a mix of Spanish colonial influences from its history. Despite its resources, the country faces challenges like income inequality, making it a fascinating yet complex spot on the African map.

Key Insights

Remarkable Forest Cover Amidst Economic Activity

A striking 86.394% of Equatorial Guinea's land is covered by forest, indicating a significant natural resource and potential for biodiversity. This high percentage suggests that despite its resource-driven economy, large portions of its natural environment remain intact, posing both conservation opportunities and development considerations.

Youthful Population and Moderate Unemployment

With a population of 1.85 million and a high fertility rate, Equatorial Guinea likely has a youthful demographic structure. The unemployment rate of 8.367% is moderate, but combined with negative GDP growth, it suggests potential future pressure on the job market for a growing young workforce.

High GDP Per Capita Amidst Economic Contraction

Equatorial Guinea boasts a remarkably high GDP per capita for an African nation, suggesting significant resource wealth. However, this wealth is not translating into overall economic growth, as indicated by a substantial negative GDP growth rate of -5.089% in 2023, pointing to an economy in contraction.

Urbanization Outpaces Regional Averages, Yet Access to Electricity Lags

With over 71% of its population residing in urban areas, Equatorial Guinea is highly urbanized, surpassing many other African nations. Despite this, only 66.9% of its population has access to electricity, suggesting significant infrastructure gaps even in developed areas.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$12.34B

Year: 2023

GDP Per Capita

$6,677.79

GDP Growth (%)

-5.09%

Inflation (%)

2.86%

Unemployment (%)

8.37%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 12/24/2025

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-12.00%-8.00%-4.00%0.00%4.00%
  • GDP Growth (%)
Population Growth
Total population over time
20142015201620172018201920202021202220230500,0001,000,0001,500,0002,000,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
2014201520162017201820192020202120220.0%2.0%4.0%6.0%8.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$4,000$8,000$12,000$16,000
  • GDP Per Capita ($)

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