Gabon GDP Data & Country Report

Gabon Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Gabon; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Bank of Central African States

International Reserves

US$ 1.736 billion (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 16.771 billion (2008 estimate)

GDP (Purchasing Power Parity)

23.991 billion of International dollars (2008 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
-1.9%	2.2%	-0.3%	2.5%	1.4%	3%	1.2%	5.3%
2008	2009	2010	2011*
2.7%	-1.4%	5.7%	5.6%

*Estimate

GDP per capita - current prices

US$ 11,046 (2010 estimate)

GDP per capita - PPP

$15,801 International Dollars (2010 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0.05%	0.04%	0.04%	0.03%	0.03%

**Forecast

GDP - composition by sector

agriculture: 5.1%
industry: 53.9%
services: 41% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
5.3%(2008)	1.9%	0.6%	2.3%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
43.3%	20.8%	26.4%	21.3%	16.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
8.7%	11.7%	7.5%	6.3%	7.4%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: BB-/Stable/B

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Gabon

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ 2.8 billion (2006 estimate)(After 2008)

Current account balance by percentage of GDP

17% of GDP (2006 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

52.2% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.06%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$6.803 billion f.o.b. (2010 estimate)

Export commodities

crude oil 77%, timber, manganese, uranium (2001)

Total imports

US$2.83 billion f.o.b. (2008 estimate)

Import commodities

machinery and equipment, foodstuffs, chemicals, construction materials

Exports - major partners

US 32.5%, China 15.8%, France 9.4%, Malaysia 6%, Trinidad and Tobago 5% (2007)

Imports - major partners

France 27.7%, US 19.1%, Belgium 5.4%, Netherlands 4.7%, China 4.1% (2007)

FDI inflows

2008	2009	2010
US$209 million	US$33 million(2009)	US$170 million(2009)

FDI outflows

2008	2009	2010
US$96 million	US$87 million	US$81 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 156 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 153 out of 183 countries(2009)

Registering property: 132 out of 183 countries

Paying Taxes: 140 out of 183 countries

Getting credit: 138 out of 183 countries

Protecting investors: 154 out of 183 countries

Trading across border: 134 out of 183 countries

Enforcing Contracts: 148 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 110 Score: 56.7 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+1

Total area

267,668 km² (2006)

Capital

Libreville (2009)

Currency

Communaute Financiere Africaine francs (XAF) (2009)

Government type

republic; multiparty presidential regime (2009)

Languages

French (official), Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi

Religions

Christian 55%-75%, animist, Muslim less than 1%

Total population

1980	1990	2000	2010*	2015**
0.75 million	0.93 million	1.21 million	1.5 million	1.61 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
17.4%	54.7%	80.1%	85.5%

Population median age

22.0 years (2006)

Population growth rate

1.8% (2009)

Life expectancy

57 years (2007)

Adult literacy

86% (2000/2007)

% of population living on less than $2 a day

19.59% (2011)

Inequality of wealth distribution (Gini index)

41.5 (2005)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:5 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

108.96% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

7.23% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Libreville: 12th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

1.707 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2009)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Gabon GDP Data & Country Report | Global Finance

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009: