EQUATORIAL GUINEA

Equatorial Guinea

THE OFFICIAL SALARY IN EQUATORIAL GUINEA IN 2023:

Average salary – 150,000 BEAC CFA francs per month ($250)

Minimum wage – 129,035 BEAC CFA francs per month ($215)

Source: Government of Equatorial Guinea and international recruitment agencies

Equatorial Guinea is a State located in Central Africa. It shares borders with Cameroon and Gabon. It is washed by the Gulf of Guinea.

INFORMATION ABOUT EQUATORIAL GUINEA (2023) 
Population 1.5 million
Average life expectancy  66 years
Unemployment rate 9.2%
Inflation  2.9%
Area 28,050 km²
Form of government Dominant-party presidential constitutional republic
Income tax 0–35%
Capital Malabo
Currency Central African CFA franc
Official Language Spanish, French, Portuguese
Doing Business rank 178
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