The Poorest Countries in the World
All these extremely fragile and underdeveloped economies have either recently been through a civil war or are suffering from ongoing sectarian or ethnic conflicts.
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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International Reserves
USD 1.9 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
Gross Domestic Product - GDP
USD 15.9 billion (2017, estimate)
GDP (Purchasing Power Parity)
Intl$ 38.7 billion (2017, estimate)
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
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)
Inflation
| 2013 | 2014 | 2015* | 2016* | 2017* |
| 0.5% | 4.5% | 0.1% | 2.5% | 2.5% |
*Estimate
Unemployment rate
| 2013 | 2014 | 2015 | 2016 | 2017 |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
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
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
Government bond ratings
Standard & Poor's: B
Moody's: B1
Standard & Poor's / Moody's (Updated January 2017)
Source
Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
-4.7% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
46.1% (2015)
Shares in world total merchandising export
0.03% (2015)
Shares in world total commercial services export
0.008% (2014)
Export commodities
Crude oil, timber, manganese, uranium
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Import commodities
Machinery and equipment, foodstuffs, chemicals, construction materials
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)
Imports - major partners
China 21.4%, France 19.6%, US 6.6%, Benin 4.7%, Netherlands 4% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 771 million | USD 1,011 million | USD 624 million |
FDI outflows
| 2013 | 2014 | 2015 |
| USD -155 million | USD -36 million | USD -37 million |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| N/A | N/A | N/A | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
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
Source
Global competitiveness ranking
108 out of 138 countries
(2016-2017)
Index of Economic Freedom
Ranking: 105 / Score: 58.96 (Mostly unfree) (2017)
(100=totally free 0=totally repressed)
Source
Source
Currency
Cooperation Financiere en Afrique Centrale francs (XAF)
Languages
French (official), Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi
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.)
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% |
Literacy
Total population: 83.2%
Male: 85.3%
Female: 81% (2015 est.)
(age 15 and over can read and write)
Freedom House rating
Political Rights: 6
Civil Liberties: 5 (2017)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed 1.07% Mobile 161.12% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)