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) [1]

GDP, PPP (current international) $32,006,416,780 (2018)
GDP Growth Rate (annual %) 0.836% (2018)
GDP Per Capita, PPP (current international) $15,103 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 131/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.465% (2019)
External debt stocks, total (DOD, current US$) $6,766,549,257 (2018)
Total tax rate (% of commercial profits) 47.1% (2019)
Real Interest Rate (5 year average %) -4.548% (2008)
Manufacturing, value added (% of GDP) 19.083% (2018)
Current Account Balance (BoP, current US$) $140,995,975 (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 722,017 (2019)
Employment in Agriculture (% of total employment) 32.831% (2019)
Employment in Industry (% of total employment) 10.754% (2019)
Employment in Services (% of total employment) 56.415% (2019)
Unemployment Rate 20.004% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $3,625,606,299 (2018)
Exports of goods and services (current US$) $8,517,216,351 (2018)
Total Merchandise Trade (% of GDP) 56.285% (2018)
FDI, net inflows (BoP, current US$) $845,752,961 (2018)
Commercial Service Exports (current US$) $273,340,324 (2015)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank