However, despite the economic growth and improving infrastructure, the country has been ranked only 138th out of 188 countries on the United Nations Human Development Index in 2015 and despite its impressive GNI figure, it is still plagued by extreme poverty. After the oil price collapsed in 2014, the economy went into a free fall which put growth in a downward spiral from around 15% to −10%. Only 950,000 of 1.6 million inhabitants are citizens, giving Equatorial Guinea the largest ratio of expatriates to residents in Africa.
However, despite the economic growth :and improving infrastructure, the country has been ranked only 138th out of 188 countries on the United Nations Human Development Index. in 2015 and despite its impressive GNI figure, it is still plagued by extreme poverty. After the oil price collapsed in 2014, the economy went into a free fall which put growth in a downward spiral from around 15% to −10%. Only 950,000 of 1.6 million inhabitants are citizens, giving Equatorial Guinea the largest ratio of expatriates to residents in Africa.