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Equatorial Guinea, [a] officially the Republic of Equatorial Guinea, [b] is a country on the west coast of Central Africa. It has an area of 28,000 square kilometres (11,000 sq mi). Formerly the colony of Spanish Guinea, its post-independence name refers to its location near both the Equator and in the African region of Guinea.
Equatorial Guinea has other largely unexploited human and natural resources, including a tropical climate, fertile soils, rich expanses of water, deepwater ports, and an untapped, if unskilled, source of labor. [11] Following independence in 1968, the country suffered under a repressive dictatorship for 11 years, which devastated the economy. [11]
Rank Country Nominal GDP (Million US$) [1] Population Per Capita (US$) [1] 1 South Africa 403,045 63,212,384 6,376 2 Egypt 380,044 114,535,772 3,318 3 Algeria 260,134 ...
This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Figures are given in international dollars according to the International Monetary Fund.
Equatorial Guinea asked judges at the International Court of Justice (ICJ) on Monday to reject Gabon's claim to several islands in potentially oil-rich waters in the Gulf of Guinea. The African ...
This is a list of countries by nominal GDP per capita.. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income.
Country GDP (PPP) per capita (2022, 2022 US$) [1] [failed verification] Algeria 13,715 Angola 7,360 Benin 3,767 Botswana 19,287 Burkina Faso 2,461 Burundi 791 Cape Verde
There are many natural economic reasons for GDP-per-capita to vary between jurisdictions (e.g. places rich in oil and gas tend to have high GDP-per-capita figures). However, it is increasingly being recognized that tax havens , or corporate tax havens , have distorted economic data which produces artificially high, or inflated, GDP-per-capita ...