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) $36,823,316,531 (2017)
GDP Growth Rate (annual %) 1.105% (2017)
GDP Per Capita, PPP (current international) $18,183 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 120/195 (2017)

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 %) 2.107% (2016)
External debt stocks, total (DOD, current US$) $6,165,574,114 (2017)
Total tax rate (% of commercial profits) 46.8% (2017)
Real Interest Rate (5 year average %) 10.331% (2007)
Manufacturing, value added (% of GDP) 7.233% (2017)
Current Account Balance (BoP, current US$) $1,977,634,349 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 667,636 (2017)
Employment in Agriculture (% of total employment) 41.88% (2017)
Employment in Industry (% of total employment) 12.56% (2017)
Employment in Services (% of total employment) 45.559% (2017)
Unemployment Rate 19.659% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $3,911,048,135 (2017)
Exports of goods and services (current US$) $6,395,352,233 (2017)
Total Merchandise Trade (% of GDP) 53.766% (2017)
FDI, net inflows (BoP, current US$) $1,498,038,420 (2017)
Commercial Service Exports (current US$) $263,813,597 (2012)
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