Economy
Nominal GDP
USD 12.9 billion
GDP per capita
USD 6,988
2021–2025 average
Currency
- Name
- Central African CFA franc
Франк КФА BEAC - ISO code
- XAF
- Rate against the US dollar
- USD 1 = 579.64 XAF
- Rate against the rouble
- 10 XAF = 1.4416 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- Central African CFA franc (XAF)
- Note
- fixed peg to the euro: 1 EUR = 655.957 CFA francs
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 2.8%
- Industry 48.9%
- Services 48.3%
Industries and programmes
- Key industries
- Oil and gas (LNG, methanol), forestry, and construction.
- Government programmes
- “Equatorial Guinea 2035” Agenda
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 3.85 | 100.0 |
| 2022 | 6.66 | 173.0 |
| 2023 | 3.16 | 82.1 |
| 2024 | 2.98 | 77.4 |
| 2025 | 2.60 | 67.5 |
- Imports of goods
- USD 1.17 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 5.97 billion 2025Source: World Bank, national accounts. Period: 2025
- Change in exports of goods, 2021–2025
- −32.5%
- Average annual rate of change in exports of goods, 2021–2025
- −9.3%
Export specialisation
Main export products
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; mirror data from importing countries (the country does not report); shares based on imports of the largest partners. Period: 2024
Main export destinations
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; mirror data from importing countries (the country does not report); shares based on imports of the largest partners. Period: 2024
Investment areas
- Gas processing
- Oil and gas services
- Fishing
- Agribusiness
- Tourism
- Energy
- Mining
- Agribusiness
- Tourism
- ICT
- Digital technologies
Agreements with Russia
Investment protection
Agreement on the Promotion and Reciprocal Protection of Investments: signed 6 June 2011; in force since 3 March 2016
In force
Double taxation
There is no double taxation agreement with Russia.
Absent
Visa requirements
Russian citizens holding ordinary passports require a visa.
Visa required
Peaceful nuclear energy
No information
Other agreements
- Agreement between the Government of the Russian Federation and the Government of the Republic of Equatorial Guinea on Military-Technical Cooperation (signed on 6 June 2011).
- Agreement on Procedures for Using the Ports of Malabo and Bata (signing authorized on 17 January 2025).
- Agreement on the Establishment of an Intergovernmental Commission (signing authorized on 21 May 2025).
Incentives
- Main regimes and incentives
Investment Regime Law No. 7/1992; local partner requirement abolished in non-oil sectors (2018).
- Investment agency
- Ministry of Finance, Economy and Planning (investment promotion functions)
- Ministry
- Ministry of Finance, Economy and Planning (investment promotion functions)
