Equatorial Guinea - Economic sectors

The oil industry dominates all economic activity in Equatorial Guinea. The oil industry draws most the country's foreign investment, provides most of the exports, and provides the central government with a tremendous amount of revenue. Unfortunately, this industry has not provided a significant amount of jobs. Most citizens survive through subsistence agricultural production on small family plots.

In recent years the timber industry has played more of an important role in the economy and has contributed to country exports, mostly to Asia. Cocoa and coffee production,

once the mainstay of the economy, has declined in importance since the 1970s. Today this sector plays a very small role in the economy. The manufacturing and service sectors also have very little impact on the national economy and provide very few jobs.

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