Gabon's Macroeconomic Analysis:
Nominal GDP of USD 19.3 billion in 2023.
Nominal GDP of USD 19.7 billion in 2024.
GDP per capita of USD 8,748 compared to the global average of USD 10,589.
GDP per capita of USD 8,705 compared to the global average of USD 10,589.
Average real GDP growth of 2.6% over the last decade.
Average real GDP growth of 2.6% over the last decade.
International trade
In 2021, manufactured products made up 33.6% of total merchandise exports, mineral fuels 52.3%, food 1.2%, ores and metals 6.8% and agricultural raw materials 5.9%, with other categories accounting for 0.2% of the total. In the same period, manufactured products made up 77.8% of total merchandise imports, mineral fuels 4.3%, food 16.9%, ores and metals 0.7% and agricultural raw materials 0.3%, with other goods accounting for 0.0% of the total. Total exports were worth USD 13.10 billion in 2024, while total imports were USD 4 billion.Main Economic Indicators
Economic growthThe economy recorded average annual growth of 2.6% in the decade to 2022. To read more about GDP growth in Gabon, go to our dedicated page.
Fiscal policy
Gabon's fiscal surplus averaged 2.1% of GDP in the decade to 2022. Find out more on our dedicated page.
Inflation
Inflation averaged 1.6% in the decade to 2023. Go to our Gabon inflation page for extra insight.
Exchange Rate
From end-2014 to end-2024 the Central African CFA franc weakened by 14.4% vs the U.S. dollar. For more info on the Central African CFA franc, click here.
Gabon Economic Forecasts
Projections out to 2034.34 indicators covered including both annual and quarterly frequencies.
Consensus Forecasts based on a panel of 5 expert analysts.
Want to get insight on the economic outlook for Gabon in the coming years? FocusEconomics collects projections out to 2034 on 34 economic indicators for Gabon from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the Gabon economy. To download a sample report on the Gabon's economy, click here. To get in touch with our team for more information, fill in the form at the bottom of this page.