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Gabon GDP and Economic Data

Country Report 2017 - 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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Central bank

Bank of Central African States

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International Reserves

USD 1.9 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 15.9 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 38.7 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
-1.9% 6.3% 1.7% -2.3% 6.3% 7.1% 5.3%
2013 2014* 2015* 2016* 2017*    
5.6% 4.3% 4% 3.2% 4.5%    

*Estimate

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GDP per capita - current prices

USD 8,343.8 (2017, estimate)

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GDP per capita - PPP

Intl$ 20,267.2 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.06% 0.05% 0.04% 0.03% 0.03%

*Estimate

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GDP - composition by sector
  • agriculture: 4.5% 
  • industry: 46.4% 
  • services: 49.1%

(2016 estimate)

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

N/A

 

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Inflation
2013 2014 2015* 2016* 2017*
0.5% 4.5% 0.1% 2.5% 2.5%

*Estimate

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Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
29.2% 32.2% 44% 47.5% 46.5%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
1.8% 2.7% -1.2% -2.8% -2.7%

*Estimate

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Government bond ratings

Standard & Poor's: B

Moody's: B1

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.7 billion (2017 estimate)

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Current account balance by percentage of GDP

-4.7% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

46.1% (2015)

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Shares in world total merchandising export

0.03% (2015)

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Shares in world total commercial services export

0.008% (2014)

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Total exports

USD 4.4 billion (2016 estimate)

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Export commodities

Crude oil, timber, manganese, uranium

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Total imports

USD 3.0 billion (2016 estimate)

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Import commodities

Machinery and equipment, foodstuffs, chemicals, construction materials

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Exports - major partners

China 15.5%, Italy 7.3%, Trinidad and Tobago 7.2%, Australia 7%, Spain 6.3%, South Korea 5.4%, Netherlands 5%, US 4.7% (2015)

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Imports - major partners

China 21.4%, France 19.6%, US 6.6%, Benin 4.7%, Netherlands 4% (2015)

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FDI inflows
2013 2014 2015
USD 771 million USD 1,011 million USD 624 million
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FDI outflows
2013 2014 2015
USD -155 million USD -36 million USD -37 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 164 out of 190 countries (2016)

Subcategories:

Starting a business: 152 out of 190 countries

Enforcing Contracts: 177 out of 190 countries

Registering Property: 175 out of 190 countries

Getting credit: 118 out of 190 countries

Protecting investors: 158 out of 190 countries

Trading across border: 166 out of 190 countries

Paying Taxes: 161 out of 190 countries

Dealing with Construction Permits: 167 out of 190 countries

Getting Electricity: 158 out of 190 countries

Resolving Insolvency: 123 out of 190 countries

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Global competitiveness ranking

108 out of 138 countries

(2016-2017)

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Index of Economic Freedom

Ranking: 105 / Score: 58.96 (Mostly unfree) (2017)

(100=totally free 0=totally repressed)

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Time zone

UTC+1

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Total area

267,667 sq km

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Capital

Libreville

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Currency

Cooperation Financiere en Afrique Centrale francs (XAF)

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Government type

Presidential republic

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Languages

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

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Religions

Catholic 41.9%, Protestant 13.7%, other Christian 32.4%, Muslim 6.4%, animist 0.3%, other 0.3%, none/no answer 5% (2012 est.)

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Total population
1990* 2000* 2010* 2016* 2021*
0.93 million 1.205 million 1.61 million 1.881 million 2.011 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2015
17% 55% 80% 87%
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Population median age

18.6 years (2016 estimate)

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Population growth rate

1.92% (2016 estimate)

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Life expectancy

52.1 years (2016 estimate)

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Literacy

Total population: 83.2%
Male: 85.3%
Female: 81% (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

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Freedom House rating

Political Rights: 6
Civil Liberties: 5 (2017)                         

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

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Total telephone subscribers as % of population

Fixed 1.07%   Mobile 161.12% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

23.5% (2015)

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Mercer Cost of living index

Libreville: 28th (2016)

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CO2 emissions

2.9 (2013)

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World's Best Internet Banks

2013
2012
2011
2010
2009
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