The Poorest Countries in the World
2015 Rankings are based on the GDP (PPP) of a country, which compares generalized difference in cost of living and standards.
Gabon GDP and Economic Data
Country Report 2015 - Includes Gabon real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Gabon economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Gabon best banks and safest banks are also available.
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International Reserves
US$ 2.351 billion (Source: World Bank; Data updated: 2012)
Gross Domestic Product - GDP
US$ 22 billion (2015 estimate)
GDP (Purchasing Power Parity)
37 billion of International dollars (2015 estimate)
Real GDP growth
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
| 2.5% | 1.4% | -0.8% | -1.9% | 6.3% | 1.7% | -2.3% | 6.3% |
| 2011 | 2012 | 2013 | 2014* | 2015* | |||
| 6.9% | 5.5% | 5.6% | 5.1% | 5.4% |
*Estimate
GDP per capita - current prices
US$ 13,508 (2015 estimate)
GDP per capita - PPP
22,879 International Dollars (2015 estimate)
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2015* |
| 0.06% | 0.05% | 0.04% | 0.03% | 0.03% |
*Estimate
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GDP - composition by sector
- agriculture: 3.6%
- industry: 63.9%
- services: 32.5% (2013 estimate)
Source
Inflation
| 2011 | 2012 | 2013 | 2014* | 2015* |
| 1.3% | 2.7% | 0.5% | 4.7% | 2.5% |
*Estimate
Unemployment rate
| 2011 | 2012 | 2013 | 2014 | 2015* |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2010 | 2011 | 2012 | 2013 | 2014* | 2015* |
| 20.2% | 17.3% | 18.5% | 18.8% | 18.5% | 18.9% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2010 | 2011 | 2012 | 2013 | 2014* | 2015* |
| 2.7% | 2.4% | 1.5% | 1.6% | 5.9% | -2.0% |
*Estimate
Government bond ratings
Standard & Poor's: BB-
Moody's rating: N/A
Moody's outlook: N/A
(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)
Source
Market value of publicly traded shares
| 2009 | 2010 | 2011 |
| N/A | N/A | N/A |
Source
Current account balance
US$ 1.42 billion (2014 estimate)
Current account balance by percentage of GDP
6.873% of GDP (2014 estimate)
Exports as percent of GDP(Exports of goods and services)
58.7% (2013)
(Data released on Oct 2014)
Shares in world total merchandising export
0.05% (2012)
(Data were released in March 2014)
Shares in world total commercial services export
0% (2012)
(Data were released in 2014)
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Import commodities
machinery and equipment, foodstuffs, chemicals, construction materials
Source
Exports - major partners
Japan 24.1%, US 17%, Australia 11.3%, India 7.4%, China 5.4%, Spain 4.1% (2012)
Source
Imports - major partners
France 28.2%, China 12.6%, US 9.4%, Belgium 5.8%, Cameroon 4.3% (2012)
Source
FDI inflows
| 2011 | 2012 | 2013 | |
| US$ 696 million | US$ 696 million | US$ 856 million |
FDI outflows
| 2011 | 2012 | 2013 | |
| US$ 88 million | US$85 million | US$ 85 million |
Value of cross-border M&A;, by country of purchaser
| 2010 | 2011 | 2012 | 2013 |
| US$ 0 million | US$ 0 million | US$ 0 million | US$ 0 million |
Cross-border M&A; deals worth over $3 billion completed in 2012 (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 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)
N/A
(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 163 out of 189 countries (2013)
Subcategories:
Starting a business: 153 out of 189 countries
Enforcing Contracts: 157 out of 189 countries
Registering Property: 166 out of 189 countries
Getting credit: 109 out of 189 countries
Protecting investors: 157 out of 189 countries
Trading across border: 135 out of 189 countries
Paying Taxes: 152 out of 189 countries
Dealing with Construction Permits: 71 out of 189 countries
Getting Electricity: 138 out of 189 countries
Resolving Insolvency: 153 out of 189 countries
(2013)
Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)
106
(2014-2015)
Source
Index of Economic FreedomWSJ and Heritage Foundation
Ranking: 105 Score: 57.8 (Mostly Unfree) (2014)
(100=totally free 0=totally repressed )
Source
Languages
French (official), Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi
Source
Total population
| 1990 | 2000 | 2010 | 2014* | 2019** |
| 0.93 million | 1.205 million | 1.496 million | 1.586 million | 1.699 million |
*Estimate **Forecast
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2013 |
| 17.4% | 55% | 80% | 87% |
% of population living on less than $2 a day
20.9% (2005)
Inequality of wealth distribution (Gini index)
42.2 (2005)
(0=perfect equality, 100=absolute inequality)
Freedom House rating
Political Rights: 6
Civil Liberties: 5 (2014)
(1 represents the most free, 7 the least free)
Source
Total telephone subscribers as % of population
Fixed 1.2% Mobile 214.8% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population
9.20% (2013)
Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)
Libreville 19th (2014)
CO2 emissions(Metric tons of CO2 per capita)
1.7 (2010)