Equatorial Guinea. Ballpoint Pens, Rollerball Pens,Cartridges, Fountain Pens.

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Although nominally a constitutional democracy since 1991, the 1996, 2002, and 2009 presidential elections - as well as the 1999 and 2004 legislative elections - were widely seen as flawed. The president exerts almost total control over the political system and has discouraged political opposition. Equatorial Guinea has experienced rapid economic growth due to the discovery of large offshore oil reserves, and in the last decade has become Sub-Saharan Africa's third largest oil exporter. Despite the country's economic windfall from oil production resulting in a massive increase in government revenue in recent years, there have been few improvements in the population's living standards. Location Western Africa, bordering the Bight of Biafra, between Cameroon and Gabon   Geographic Coordinates 2 00 N, 10 00 E Area - comparative slightly smaller than Maryland Coast line 296 km Climate tropical; always hot, humid Terrain Equatorial Guinea coastal plains rise to interior hills; islands are volcanic Natural Resources Equatorial Guinea petroleum, natural gas, timber, gold, bauxite, diamonds, tantalum, sand and gravel, clay Irrigated land NA Total Renewable Water Resources 26 cu km (2001) Natural Hazards violent windstorms; flash floods Environment Currentissues tap water is not potable; deforestation Geography Note insular and continental regions widely separated Population Equatorial Guinea 650,702 (July 2010 est.) Population growth rate 2.674% (2010 est.) Birth Rate 36 births/1,000 population (2010 est.) Death Rate 9.26 deaths/1,000 population (July 2010 est.) Netmigration Rate NA Total Fertility Rate 5 children born/woman (2010 est.) Hiv/Aids Adult Prevalence Rate 3.4% (2007 est.) Hiv/Aids People living with hiv/aids 11,000 (2007 est.) Hiv/Aids Deaths Fang 85.7%, Bubi 6.5%, Mdowe 3.6%, Annobon 1.6%, Bujeba 1.1%, other 1.4% (1994 census) Religions nominally Christian and predominantly Roman Catholic, pagan practices Languages Spanish 67.6% (official), other 32.4% (includes French (official), Fang, Bubi) (1994 census) Education Expenditures 0.6% of GDP (2003) Government Type republic Administrative Divisions 7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas Independence 12 October 1968 (from Spain) National Holiday Independence Day, 12 October (1968) Constitution approved by national referendum 17 November 1991; amended January 1995 Legal System partly based on Spanish civil law and tribal custom; has not accepted compulsory ICJ jurisdiction Suffrage 18 years of age; universal Legislative Branch unicameral House of People's Representatives or Camara de Representantes del Pueblo (100 seats; members directly elected by popular vote to serve five-year terms) Political Partie Sand Leaders Supreme Tribunal Political Pressure Group Sand Leaders ASODEGUE (Madrid-based pressure group for democratic reform); Global Witness (anti-corruption) International Organization Participation ACP, AfDB, AU, BDEAC, CEMAC, CPLP (associate), FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITSO, ITU, MIGA, NAM, OAS (observer), OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WFTU, WHO, WIPO, WTO (observer) Flag Description three equal horizontal bands of green (top), white, and red, with a blue isosceles triangle based on the hoist side and the coat of arms centered in the white band; the coat of arms has six yellow six-pointed stars (representing the mainland and five offshore islands) above a gray shield bearing a silk-cotton tree and below which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice); green symbolizes the jungle and natural resources, blue represents the sea that connects the mainland to the islands, white stands for peace, and red recalls the fight for independence Economy 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. Government officials and their family members own most businesses. Undeveloped natural resources include titanium, iron ore, manganese, uranium, and alluvial gold. Growth remained strong in 2008, led by oil, but dropped in 2009, as the price of oil fell. GDP (Purchasing Power Parity) $23.2 billion (2009 est.) GDP (Official Exchange Rate) $11.31 billion (2009 est.) GDP Real Growth Rate -1.8% (2009 est.) GDP Per Capita (PPP) $36,600 (2009 est.) Labor Force 195,200 NA Unemployment Rate 30% (1998 est.) Population Below Poverty Line NA% Distribution Of Family Income 44% of GDP (2009 est.) Unvestment Gross Fixed 1.1% of GDP (2009 est.) Inflation Rrate 4.5% (2009 est.) Central Bank Discount Rate 4.75% (31 December 2008) Commercial Bank Prime Lending Rate NA% (31 December 2008) Stock Of Money $NA (31 December 2008) Stock Of Quasi Money $NA (31 December 2008) Stock Of Domestic Credit $NA Market Value Of Publicly Traded Shares coffee, cocoa, rice, yams, cassava (tapioca), bananas, palm oil nuts; livestock; timber Agriculture - Products petroleum, fishing, sawmilling, natural gas Industries -2.7% (2009 est.) Industrial Production Growth Rate 28 million kWh (2007 est.) Electricity Production 26.04 million kWh (2007 est.) Electricity Consumption 0 kWh (2008 est.) Electricity Exports 0 kWh (2008 est.) Electricity Imports 359,200 bbl/day (2008 est.) Oil Production 1,000 bbl/day (2008 est.) Oil Consumption 362,900 bbl/day (2007 est.) Oil Exports 1,114 bbl/day (2007 est.) Oil Imports 1.1 billion bbl (1 January 2009 est.) Oil Proved Reserves 6.67 billion cu m (2008 est.) Natural Gas Production 1.5 billion cu m (2008 est.) Natural Gas Consumption 5.17 billion cu m (2008 est.) Natural Gas Exports 0 cu m (2008 est.) Natural Gas Imports 36.81 billion cu m (1 January 2009 est.) Natural Gas Proved Reserves -$669 million (2009 est.) Current Account Balance $8.27 billion (2009 est.) Exports petroleum, methanol, timber, cocoa Exports Commodities US 22.8%, Spain 18.3%, China 14.8%, Taiwan 10.8%, France 8%, Italy 6%, South Korea 5.4% (2008) Exports Partners $2.851 billion (2009 est.) Imports petroleum sector equipment, other equipment Imports Commodities China 18.2%, Spain 13.7%, US 12.1%, France 11.2%, Cote dIvoire 7.8%, Italy 5.7%, UK 5.3% (2008) Imports Partners $4.575 billion (31 December 2009 est.) Reserves Of Foreign Exchange and Gold $174 million (31 December 2009 est.) Debt - External Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar - 481.35 (2009), 447.81 (2008), 481.83 (2007), 522.4 (2006), 527.47 (2005) Radio Broadcast Stations 346,000 (2008) Television Broadcast Stations AM 0, FM 3, shortwave 5 (2001) Internet Country Code 1 (2001) Airports 12,000 (2008) Military Service Age and Obligation 18 years of age for selective compulsory military service; service obligation 2 years; women hold only administrative positions in the Coast Guard (2009)

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