Executive: The president is chief of state and the prime minister is the head of government. The president is elected by simple majority popular vote for a period of seven years (eligible for a second term). Cabinet and the prime minister are appointed by the president.
Legislative: Equatorial Guinea has a bicameral National Assembly.
Judicial: The highest court is the Supreme Court of Justice. The subordinate courts are Court of Guarantees, military courts, first instant tribunal, district and country tribunals and courts of appeals.
Next presidential elections: 2023
Nominal GDP (USD billions)
GDP per capita (USD)
Inflation rate (percent change)
|Government revenue (% of GDP)||19.77|
|Government gross debt (% of GDP)||64.38|
Equatorial Guineas’ economy is mainly driven by oil and gas with agriculture also playing a role in the economy. Key agricultural products include coffee, cocoa, rice, yams, cassava, bananas, palm oil nuts, livestock, and timber.
Undeveloped mineral resources include gold, zinc, diamonds, columbite-tantalite, and other base metals.