Gabon: Economy

Economic Trivia

Oil accounts for 50% of GDP and 70% of revenues.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Petroleum Extraction and Refining; Manganese; Gold; Chemicals

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $34,523,334,038 (2015)
GDP Growth Rate (annual %) 3.857% (2015)
GDP Per Capita, PPP (current international) $20,010 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 119/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 4.656% (2014)
External debt stocks, total (DOD, current US$) $4,325,981,000 (2014)
Total tax rate (% of commercial profits) 45.7% (2015)
Real Interest Rate (5 year average %) 8.216% (2007)
Manufacturing, value added (% of GDP) 2.985% (2015)
Current Account Balance (BoP, current US$) $1,982,970,942 (2005)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 645,573 (2014)
Employment in Agriculture (% of total employment) 24.2% (2005)
Employment in Industry (% of total employment) 11.8% (2005)
Employment in Services (% of total employment) 64% (2005)
Unemployment Rate 19.7% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $4,030,589,470 (2015)
Exports of goods and services (current US$) $6,579,225,365 (2015)
Total Merchandise Trade (% of GDP) 65.562% (2014)
FDI, net inflows (BoP, current US$) $623,890,439 (2015)
Commercial Service Exports (current US$) $119,518,118 (2005)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Gabon’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary