Gabon Economic Statistics and Indicators

21, Sep 2018, EDT. Welcome to the Gabon economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Gabon › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2015 › Change year
Number of Indicators Listed: 33
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 1672597 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 267,667 sq km ; land: 257,667 sq km ; water: 10,000 sq km
Natural Resources: petroleum, natural gas, diamond, niobium, manganese, uranium, gold, timber, iron ore, hydropower
Capital: name: Libreville ; geographic coordinates: 0 23 N, 9 27 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time)

Gabon enjoys a per capita income four times that of most sub-Saharan African nations, but because of high income inequality, a large proportion of the population remains poor. Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. The economy was reliant on oil for about 50% of its GDP, about 70% of revenues, and 87% of goods exports for 2010, although some fields have passed their peak production. A rebound of oil prices from 1999 to 2008 helped growth, but declining production has hampered Gabon from fully realizing potential gains. Gabon signed a 14-month Stand-By Arrangement with the IMF in May 2007, and later that year issued a $1 billion sovereign bond to buy back a sizable portion of its Paris Club debt. Gabon continues to face fluctuating prices for its oil, timber, and manganese exports. Despite the abundance of natural wealth, poor fiscal management has stifled the economy. However, President BONGO ONDIMBA has made efforts to increase transparency and is taking steps to make Gabon a more attractive investment destination to diversify the economy. BONGO ONDIMBA has attempted to boost growth by increasing government investment in human resources and infrastructure. GDP grew more than 6% per year over the 2010-13 period.
More on the Gabon Economy
More on the Gabon Export, Import and Trade

Economic Indicator Listing
  For Gabon in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.013 %
GDP (Current Prices, National Currency)XAF 8,483.10 Billion.
GDP (Current Prices, US Dollars)US$ 14.35 Billion
GDP Deflator 158.446 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)XAF 2,886,225.18 .
GDP Per Capita (Current Prices, National Currency)XAF 4,573,115.72 .
GDP Per Capita (Current Prices, US Dollars)US$ 7,735.94
GDP (PPP), US DollarsUS$ 34.575 Billion
GDP Per Capita (PPP), US DollarsUS$ 18,639.05
GDP Share of World Total (PPP) 0.03 %
Implied PPP Conversion Rate 245.351
Investment (% of GDP) 37.753 %
Gross National Savings (% of GDP) 34.81 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 123.142 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.098 %
Inflation, End of Year (Indexed to Year 2000) 124.26 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 0.053 %
Import Volume of All Items Including Goods and Services (Percent Change) -6.034 %
Import Volumes of Goods Only (Percent Change) -6.034 %
Export Volume of All Items Including Goods and Services (Percent Change) 21.065 %
Export Volumes of Goods Only (Percent Change) 21.065 %
Population 1.855 Million
General government revenue (National Currency)XAF 1,811.46 Billions.
General government revenue (% of GDP) 21.354 %
General government total expenditure (National Currency)XAF 2,009.86 Billions.
General government total expenditure (% of GDP) 23.693 %
Total Government Net Lending/ Borrowing (National Currency)XAF -198.402 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.339 %
Fiscal Year Gross Domestic Product, Current PricesXAF 8,483.10 Billions.
Current Account Balance (US Dollars)US$ -0.409 Billion
Current Account Balance (% GDP) -2.848 %
Economic Indicators for Gabon 2015

GDP (Constant Prices, National Currency) for Gabon in year 2015 is XAF 5,353.93 Billion.

GDP Growth (Constant Prices, National Currency) for Gabon in year 2015 is 4.013 %.

GDP (Current Prices, National Currency) for Gabon in year 2015 is XAF 8,483.10 Billion.

GDP (Current Prices, US Dollars) for Gabon in year 2015 is US$ 14.35 Billion.

GDP Deflator for Gabon in year 2015 is 158.446 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Gabon in year 2015 is XAF 2,886,225.18 .

GDP Per Capita (Current Prices, National Currency) for Gabon in year 2015 is XAF 4,573,115.72 .

GDP Per Capita (Current Prices, US Dollars) for Gabon in year 2015 is US$ 7,735.94 .

GDP (PPP), US Dollars for Gabon in year 2015 is US$ 34.575 Billion.

GDP Per Capita (PPP), US Dollars for Gabon in year 2015 is US$ 18,639.05 .

GDP Share of World Total (PPP) for Gabon in year 2015 is 0.03 %.

Implied PPP Conversion Rate for Gabon in year 2015 is 245.351 .

Investment (% of GDP) for Gabon in year 2015 is 37.753 %.

Gross National Savings (% of GDP) for Gabon in year 2015 is 34.81 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Gabon in year 2015 is 123.142 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Gabon in year 2015 is 0.098 %.

Inflation, End of Year (Indexed to Year 2000) for Gabon in year 2015 is 124.26 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Gabon in year 2015 is 0.053 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Gabon in year 2015 is -6.034 %.

Import Volumes of Goods Only (Percent Change) for Gabon in year 2015 is -6.034 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Gabon in year 2015 is 21.065 %.

Export Volumes of Goods Only (Percent Change) for Gabon in year 2015 is 21.065 %.

Population for Gabon in year 2015 is 1.855 Million .

General government revenue (National Currency) for Gabon in year 2015 is XAF 1,811.46 Billions.

General government revenue (% of GDP) for Gabon in year 2015 is 21.354 %.

General government total expenditure (National Currency) for Gabon in year 2015 is XAF 2,009.86 Billions.

General government total expenditure (% of GDP) for Gabon in year 2015 is 23.693 %.

Total Government Net Lending/ Borrowing (National Currency) for Gabon in year 2015 is XAF -198.402 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Gabon in year 2015 is -2.339 %.

Fiscal Year Gross Domestic Product, Current Prices for Gabon in year 2015 is XAF 8,483.10 Billions.

Current Account Balance (US Dollars) for Gabon in year 2015 is US$ -0.409 Billion.

Current Account Balance (% GDP) for Gabon in year 2015 is -2.848 %.

* Source: IMF
Aggregate Indicators for Gabon
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Gabon
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Gabon
  Natural Resources, Agricultural Products, Land Use and Water Use for Gabon
  Nationality, Ethnic Groups, Languages and Religions for Gabon
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Gabon
  Age Structure, Median Age, Gender and Urbanization for Gabon
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Gabon
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Gabon
  HIV, AIDS and Other Major Infectious Disease Rates for Gabon
  Literacy Rate, Educational Expenditure and School Life Expectancy for Gabon
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Gabon
  Industries and Industrial Growth Production Rate for Gabon
  Labor Force by Occupation for Gabon
  Poverty Line, Gini Index, Household Income and Consumption for Gabon
  National Budget and Public Debt for Gabon
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Gabon
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Gabon
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Gabon
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Gabon
  Foreign Exchange Reserves and Gold Reserves for Gabon
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Gabon
  Exchange Rate Statistics for Gabon
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Gabon
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Gabon
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Gabon
  Television and Radio Statistics (TV Stats, Radio Stats) for Gabon
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Gabon
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Gabon
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Gabon
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Gabon
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Gabon
* Source: CIA
Internet Indicators for Gabon
Indicators
  Number of Internet Users for Gabon
  Internet Penetration Rate for Gabon
  Number of Facebook Accounts for Gabon
  Facebook Penetration Rate for Gabon
* Source: IWS
Economic Freedom Indicators for Gabon
Indicators
  Economic Freedom World Rank for Gabon
  Government Spending for Gabon
  Monetary Freedom for Gabon
  Investment Freedom for Gabon
  Financial Freedom for Gabon
  Property Rights for Gabon
  Economic Freedom Regional Ranking for Gabon
  Freedom from Corruption for Gabon
  Labor Freedom for Gabon
  Tariff Rate for Gabon
  Income Tax Rate for Gabon
  Corporate Tax Rate for Gabon
  Tax Burden % of GDP for Gabon
  Government Expenditure % of GDP for Gabon
  Business Freedom for Gabon
  Trade Freedom for Gabon
  Fiscal Freedom for Gabon
  2016 Score for Gabon
* Source: HFO
Gabon Economic Indicators in other Years
  Gabon Economic Indicators for Year 2021 (Forecast)
  Gabon Economic Indicators for Year 2020 (Forecast)
  Gabon Economic Indicators for Year 2019 (Forecast)
  Gabon Economic Indicators for Year 2018 (Forecast)
  Gabon Economic Indicators for Year 2017 (Forecast)
  Gabon Economic Indicators for Year 2016 (Forecast)
Gabon Economic Indicators for Year 2015 (Current)
  Gabon Economic Indicators for Year 2014
  Gabon Economic Indicators for Year 2013
  Gabon Economic Indicators for Year 2012
  Gabon Economic Indicators for Year 2011
  Gabon Economic Indicators for Year 2010
  Gabon Economic Indicators for Year 2009
  Gabon Economic Indicators for Year 2008
  Gabon Economic Indicators for Year 2007
  Gabon Economic Indicators for Year 2006
  Gabon Economic Indicators for Year 2005
  Gabon Economic Indicators for Year 2004
  Gabon Economic Indicators for Year 2003
  Gabon Economic Indicators for Year 2002
  Gabon Economic Indicators for Year 2001
  Gabon Economic Indicators for Year 2000
  Gabon Economic Indicators for Year 1999
  Gabon Economic Indicators for Year 1998
  Gabon Economic Indicators for Year 1997
  Gabon Economic Indicators for Year 1996
  Gabon Economic Indicators for Year 1995
  Gabon Economic Indicators for Year 1994
  Gabon Economic Indicators for Year 1993
  Gabon Economic Indicators for Year 1992
  Gabon Economic Indicators for Year 1991
  Gabon Economic Indicators for Year 1990
  Gabon Economic Indicators for Year 1989
  Gabon Economic Indicators for Year 1988
  Gabon Economic Indicators for Year 1987
  Gabon Economic Indicators for Year 1986
  Gabon Economic Indicators for Year 1985
  Gabon Economic Indicators for Year 1984
  Gabon Economic Indicators for Year 1983
  Gabon Economic Indicators for Year 1982
  Gabon Economic Indicators for Year 1981
  Gabon Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International