Equatorial Guinea
Republic of Equatorial Guinea
Equatorial Guinea has the highest GDP per capita in continental Africa due to its significant oil and gas production relative to its small population (1.4 million). The economy is dominated by hydrocarbons, with Marathon Oil, ExxonMobil, and Noble Energy operating major fields. The country also produces methanol (one of the world's largest plants) and LNG. Oil production has declined from peak levels, prompting diversification efforts into petrochemicals, agriculture, and tourism. Challenges include heavy oil dependence, governance concerns, and limited economic diversification. The country is a member of OPEC and CEMAC.
Snapshot
World Bank Indicators Compare with another country
Climate Readiness Full ranking
How this is computed
Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework, from measured indicators only. It is not a measure of emissions or physical climate vulnerability.
- Energy access (30%): World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
- Governance readiness (20%): Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
- Human readiness (20%): UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
- Economic readiness (15%): World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
- Digital readiness (15%): World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.
A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.