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Gabon's economy in numbers:
Nominal GDP of USD 19.7 billion in 2022.
Nominal GDP of USD 19.3 billion in 2023.
GDP per capita of USD 8,748 compared to the global average of USD 10,589.
GDP per capita of USD 9,128 compared to the global average of USD 10,589.
Average real GDP growth of 3% over the last decade.
Average real GDP growth of 2.6% over the last decade.
International trade:
In 2009, manufactured products made up 4% of total merchandise exports, mineral fuels 83%, food 1%, ores and metals 3% and agricultural raw materials 9%, with other categories accounting for 0% of the total. In the same period, manufactured products made up 74% of total merchandise imports, mineral fuels 7%, food 17%, ores and metals 1% and agricultural raw materials 0%, with other goods accounting for 1% of the total. Total exports were worth USD 9 billion in 2022, while total imports were USD 5 billion.Economic growth:
The economy recorded average annual growth of 3.0% in the decade to 2021. To read more about GDP growth in Gabon, go to our dedicated page.
Fiscal policy:
Gabon's fiscal surplus averaged 2.2% of GDP in the decade to 2021. Find out more on our dedicated page.
Inflation:
Inflation averaged 1.1% in the decade to 2022. Go to our Gabon inflation page for extra insight.
Exchange Rate:
From end-2012 to end-2022 the Central African CFA franc weakened by 19.2% vs the U.S. dollar. For more info on the Central African CFA franc, click here.
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 This means you avoid the risk of relying on out of date, biased or outlier forecasts.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.