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Gabon

Headline economic indicators for Gabon, with the most recent official readings.

Prices

Prices — Gabon
Indicator Value Change
Inflation rate · 1.8% +0.59 (+50.7%)
Consumer price index · 139.7 +2.43 (+1.8%)
GDP deflator inflation · -4.0% -8.16 (-194.4%)

GDP

GDP — Gabon
Indicator Value Change
GDP growth rate · 2.5% -0.92 (-27.1%)
GDP per capita · 8,263.03 +32.99 (+0.4%)
GDP per capita, long-run history · 15,721 +123.13 (+0.8%)
GDP · 21,427,119,323.28 +531,434,898 (+2.5%)
GDP, PPP · 57,615,046,775 +2,922,437,562 (+5.3%)
GDP per capita, PPP · 22,218 +676.93 (+3.1%)
GDP per capita growth · 0.3% -0.86 (-72.1%)
GNI per capita · 8,090 +220.00 (+2.8%)
Agriculture to GDP · 6.8% +0.19 (+2.9%)
Industry to GDP · 47.2% -5.71 (-10.8%)
Manufacturing to GDP · 19.1% -0.39 (-2.0%)
Services to GDP · 42.3% +5.52 (+15.0%)
Household consumption to GDP · 37.9% +4.43 (+13.2%)
Gross capital formation to GDP · 24.8% +5.69 (+29.7%)
Gross savings to GDP · 38.4% -4.01 (-9.5%)

Labour

Labour — Gabon
Indicator Value Change
Unemployment rate · 20.2% +0.06 (+0.3%)
Labour force participation rate · 51.1% -0.26 (-0.5%)
Female labour force participation rate · 41.6% -0.18 (-0.4%)
Youth unemployment rate · 36.3% -0.00 (-0.0%)
Employment to population ratio · 40.8% -0.24 (-0.6%)
Employment in agriculture · 28.9% -0.22 (-0.7%)
Employment in industry · 18.9% +0.09 (+0.5%)
Employment in services · 52.3% +0.12 (+0.2%)

Money

Money — Gabon
Indicator Value Change
Broad money to GDP · 22.9% -0.94 (-3.9%)
Private sector credit to GDP · 13.4% +0.29 (+2.2%)
Bank deposit rate · 2.5% +0.00 (+0.0%)
Bank nonperforming loans · 7.6% -0.06 (-0.8%)
Official exchange rate · 581.93 -24.42 (-4.0%)

Trade

Trade — Gabon
Indicator Value Change
Current account to GDP · 1.0% -5.13 (-84.0%)
Exports to GDP · 55.5% -9.09 (-14.1%)
Imports to GDP · 29.4% +1.93 (+7.0%)
Trade to GDP · 84.9% -7.15 (-7.8%)
Exports of goods and services · 11,890,462,993.17 -1,603,614,465 (-11.9%)
Imports of goods and services · 6,299,423,682.96 +559,691,137 (+9.8%)
Trade balance, goods and services (annual) · 340,696,876.82 -1,863,831,918 (-84.5%)
Current account balance (annual) · 140,995,975.04 -971,069,906 (-87.3%)
Foreign direct investment to GDP · 1.8% +0.28 (+19.2%)
Remittances received to GDP · 0.1% -0.03 (-20.7%)
Total reserves, including gold · 638,788,434.43 -808,619,988 (-55.9%)
Reserves in months of imports · 4.2 -0.07 (-1.7%)
External debt to GNI · 36.0% -5.21 (-12.6%)

Government

Government — Gabon
Indicator Value Change
Government revenue to GDP · 15.1% -2.31 (-13.2%)
Government expense to GDP · 14.1% -2.39 (-14.6%)
Tax revenue to GDP · 9.5% -2.94 (-23.6%)
Government budget balance to GDP · -1.5% -4.37 (-151.0%)
Government consumption to GDP · 11.2% +0.90 (+8.8%)
Education spending to GDP · 2.3% +0.11 (+4.9%)
Health spending to GDP · 3.1% +0.24 (+8.4%)

Demography

Demography — Gabon
Indicator Value Change
Population · 2,593,130 +54,178 (+2.1%)
Population, long-run history · 2,292 +45.88 (+2.0%)
Population growth · 2.1% -0.04 (-2.1%)
Life expectancy · 68.5 +0.17 (+0.3%)
Fertility rate · 3.59 -0.05 (-1.5%)
Birth rate · 27.1 -0.54 (-1.9%)
Death rate · 6.2 -0.04 (-0.7%)
Urban population share · 92.1% +0.22 (+0.2%)
Population aged 65 and over · 4.1% +0.05 (+1.2%)
Under-five mortality rate · 32.6 -1.20 (-3.6%)
Population density · 9.9 +0.21 (+2.2%)
Net migration · 1,116 +11.00 (+1.0%)
Gini index · 38.0 -4.20 (-10.0%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Gabon; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.