GIEWS Country Briefs

Equatorial Guinea PDF version Archives    Email this article Print this article Subscribe FAO GIEWS RSS  Share this article  

Reference Date: 09-March-2016

The country does not produce a significant quantity of cereals. The staple foods are sweet potatoes, cassava and plantains. With a population of about 799 000, the total cereal import requirement for 2016, overwhelmingly supplied through commercial channels, is forecast at about 28 000 tonnes, including 8 000 tonnes of rice and 20 000 tonnes of wheat.

Due to rapidly rising domestic demand since the oil boom began in the mid‑1990s, inflation in Equatorial Guinea has been higher than in other countries of the Franc Zone. According to the International Monetary Fund (IMF), average inflation rates increased from 2.8 percent in 2007 to 4.7 percent in 2008 and to 5.8 percent in 2009. However, rates began to decline in 2010, from 5.3 percent to 4.8 percent in 2011, to 3.4 percent in 2012 and further to 3.2 percent in 2013. Recently, the average inflation rate increased to 4.3 percent in 2014 but has thereafter declined to 3.5 percent in 2015 and is forecast to further decrease to 2.9 percent in 2016.

Relevant links:
 Cereal Supply/Demand Balance Sheet
 Earth Observation Indicators
 Seasonal Indicators
 Vegetation Indicators
 Precipitation Indicators
 Graphs & Data
 NDVI & Precipitation
From FAO:
 FAO Country Profiles

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