GIEWS Country Briefs

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

Reference Date: 09-June-2014

The country does not produce a significant quantity of cereals. The staple foods are sweet potatoes, cassava and plantains. With a population of about 757 000, the total cereal requirement for 2014, overwhelmingly supplied through commercial imports, is forecast at about 28 000 tonnes, including 8 000 tonnes of rice and 20 000 tonnes of wheat.

In recent years inflation in Equatorial Guinea has been higher than in other countries of the Franc Zone, due to rapidly rising domestic demand since the oil boom began in the mid-1990s. According to the International Monetary Fund (IMF), average inflation rate increased from 2.8 percent in 2007 to 4.7 percent in 2008 and to 5.7 percent in 2009. Consequently, rates began to decline in 2010 to 5.3 percent, to 4.8 percent in 2011, to 3.4 percent in 2012 and to 3.2 percent in 2013. In 2014 the average inflation rate is forecast to increase to 3.9 percent.

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

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