Sub Saharan Africa

Equatorial Guinea
Last reviewed: 17 March 2008

Country information

See entire profile

TRADE AND INVESTMENT

Trade and Investment with the UK

UK exports to Equatorial Guinea were worth £108.84 million in 2003, dropping to £34.30 million in 2004, rising again to £38.88 million in 2005 and £45.43 million in 2006. UK imports from Equatorial Guinea were worth £7.97 million in 2003, rising to £11.31 million in 2004, £16.69 million in 2005 and £17.18 million in 2006.

UK Trade & Investment Country Profile: Equatorial Guinea

Development

Equatorial Guinea's human development index ranking has deteriorated in recent years, with a wide poverty gap despite massive oil revenues. There continues to be insufficient transparency and accountability, with wealth concentrated in the hands of the few. One of the biggest inhibitors to improved economic performance is the lack of educated or skilled personnel, stemming from years of under-funding for education. Managing the sudden influx of oil revenues is a major problem. Life expectancy is 51.7 years, there is an infant mortality rate of 101 deaths/1,000 live births and an estimated HIV/AIDS prevalence rate of 3.4%. The UK has no development programme in Equatorial Guinea.

World Bank
United Nations Development Programme