Gabon gdp

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20 percent. Gabon is a member of the African Union and Gabon and the United States belong to a number of the same international organizations, including the United Nations, International Monetary Fund, World Bank, and World Trade Organization. The Government’s strategy for the promotion of non-oil sectors has so far been based on the granting of specific incentives to foreign investors. From 2010 to 2014, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and 60% of its state budget revenues. By using our website you consent to all cookies in accordance with our updated Cookie Notice. As a result, Gabon’s average GDP per capita allows its economic status to be considered an upper-middle-income country, the same category as Mexico, Brazil and Russia. A rebound of oil prices from 1999 to 2008 helped growth, but declining production has hampered Gabon from fully realizing potential gains. 3 percent in 2015, a rise in public debt above the government’s self-imposed ceiling of a debt-to-GDP ratio of 35 percent, and a decline in government deposits and foreign reserves. Gabon (/ [unsupported input] ɡ ə ˈ b ɒ n /; French pronunciation: ), offeecially the Gabonese Republic is a state in wast central Africae sharin borders wi Equatorial Guinea tae the northwast, Cameroon tae the north, an wi the Republic o the Congo curvin aroond the east an sooth. Gabon faced a series of challenges for the second year in a row against a backdrop of low oil output and post-electoral political crisis. The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. El Hadj Omar BONGO Ondimba - one of the longest-serving heads of state in the world - dominated the country's political scene for four decades (1967-2009) following independence from France in 1960. Economic diversification should take account of high unemployment levels, notably among youth (46% of those under …Az oldal aktuális és múlbeli adatokat, elorejelzéseket, statisztikákat, grafikonokat és a gazdasági naptár adatait tartalmazza - Gabon - GDP. 9% in 2016 from 4% the previous year, mainly due to the lower price of oil. This page provides the GDP of Gabon – current values and historical information. 44 USD in 1960. Gross domestic product 2017, PPP (millions of Ranking Economy international dollars) 1 China 23,300,783 2 United States 19,390,604 Civil servants from the Ministry of Economy extend their three-week strike action to an indefinite strike effective June 19, ceasing all activities and ending provision of minimum service until further notice Gabon aims to increase the contribution of agriculture to its economy to 15 percent, from current levels of 1 percent by 2020, as part of its strategy to become an emerging country by 2025 Gabon's economic growth is expected to rise to 2 percent in 2018 from 0. 8 % in 2017. 59 USD Billion from 1960 until 2017, reaching an all time high of 18. GDP (current US$) GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. , World Economics Gabon's economy is dominated by oil. What you need next is a way to connect with major multinationals hiring for jobs in Gabon. Since independence from France in 1960, Gabon has had just three presidents. 01 USD Billion. For the most recent data (including 2013 data), GDP per capita average annual growth rate (%), 1970-1990. 1% in 2017 compared to last year. The largest is the Fang (about 30%). 0 Gabon joined the World Bank in 1963. On the other hand, a skewed income distribution and poor social indicators are evident. GDP Share of World Total (PPP) for Gabon in …The WHO country health profile of Gabon provides key statistics and links to health topical databases, plus news, features and Bulletin journal articles on the health issues of …Gabon Economic Outlook Economic growth continued despite the fall in oil prices, reaching 2. 50 USD and is projected to be 16528. 39 XAF mn in 1960. Every business intelligence product is based on in-country research by experienced analysts. Gabon (The World Factbook) has a GDP per capita of $19 200 (2013), proven oil reserves of 2 billion barrels and a population of 1,672,597. In brief. 7 billion. GDP in Gabon averaged 5. Gabon is determined to reduce its dependence on raw materials, particularly hydrocarbons, and transform its economy to become an emergent nation by 2025. From 2010 to 2016, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and 60% of its state budget revenues. Population, total. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U. 1k. It’s is the place to be. 5 million people, but those favorable numbers aren’t reflected in Despite an above average GDP/capita of $17,300 and a status as an upper middle income economy, Gabon continues to face large income inequality. Source: World Bank > Gabon > Gabon GDP Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. Gabon Global Economic Prospects examines trends for the world economy and how they affect developing countries. com/dilaambeauty Gabon borrows heavily from Western popular culture. 62 billion US dollars in 2017. 82 in 2018. Gabon: Introduction Gabon is a country located in Western Africa bordering Equatorial Guinea, Cameroon, Republic of the Congo, the Gulf of Guinea, and the Atlantic Ocean. Or stay at hotel Aldan in Seydisfjördur. We provide up-to-date numbers for GDP, inflation, credit, interest rates, employment, and many other indicators. com serves researchers, academics, investors, and business people who need reliable economic data on foreign countries. The Office of Public Affairs (OPA) is the single point of contact for all inquiries about the Central Intelligence Agency (CIA). GDP Per Capita PPP averaged 17647. 5 million people. Analysis of the implications for companies trading or looking to do business in new export markets. Global liquidity data. With only about 2 million inhabitants, it lacks laborers to improve their service industry that caters to tourists. 1% in 2016; however, it was estimated at less than 1% in 2017. At the head of the African list are the Seychelles, Equatorial Guinea, Mauritius and Gabon. 00 (USD Billion). All countries . Though Gabon GDP per capita fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 7,972 US dollars in 2017. Gabon’s greatest success, the Rabi oil field, significantly boosted the country’s total output in the 1990s and reached 217,000 bbl/d at its peak in 1997. Gabon's oil revenues have given it a strong per capita GDP of $8,600, extremely high for the region. It is also a member of La Francaphonie and the Economic Community of Central African States. Central bankers' speeches. GDP (PPP) Per Capita: $17,053. 00 percent from 2. However, a skewed income distribution and poor social indicators are evident. Gabon’s president Ali Bongo Ondimba, the president of Gabon is once again in the news – This time for the fact that his birth cert is being made public to the head of Gabons opposition party as it is suspected that Mr. 8% in 2017 (as opposed to an initial forecast of 1%), the lowest rate since 2009. 89B, resulting in a positive trade balance of $1. Leadership, organization, and history (59. The GDP value of Gabon represents 0. Contact us. 88. 7 million. Gross Domestic Product of Gabon grew 1. According to the World Bank report, in the past 5 years the oil sector on average has accounted for 80% of exports, 45 of GDP and 60% of budget revenue. Gabon's government is anxious to attract foreign direct investment. 1% since the end of the Great RecessionVariable: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP Note: Expressed in GDP in PPP dollars per person. 78 USD and GDP Per Capita PPP went down to 16562. Global Finance Magazine™: find Gabon real Gross Domestic Product growth rate, latest forecasts and historical data, GDP per capita, GDP composition by sector. 40 USD from 16756. Over 50% of Gabon's GDP comes from petroleum and mining production. The authorities’ goal under the Emerging Gabon Strategic Plan (EGSP) is to focus on the country’s dependence on commodities, especially oil (27% of GDP in 2016). 30 percent in 1999. The non-oil share of GDP is expected to grow, particularly that of the mining, agri-food and timber sectors. This has supported a sharp decline in extreme poverty; yet because of high income inequality a large proportion of the population remains poor. Information on Gabon — geography, history, politics, government, economy, population statistics, culture, religion, languages, largest cities, as well as a map and The population of Gabon earns a per capita income 4 times that of most other sub-Saharan African nations. The main aggregates in the database include Gross Domestic Product (GDP) by type of expenditure and Gross Value Added by kind of economic activity, both at current and at constant market prices. Dance, song, myths, and poetry are important elements of Gabonese life. Growth was expected to reach 0. The oil sector now accounts for 50% of GDP and 80% of exports. The oil sector now accounts for 50% of GDP. 14 USD Gabon's oil revenues have given it a per capita GDP of more than $10,000, unusually high for the region. Please check the Data Availability for coverage. If we check the tables we can see the evolution of Gabon debt. Submitted on: 08 Aug, 2013. The average inflation rate in 2001 was 1. 7 percent next year due to Gabon's per capita income is over four times that of most sub-Saharan African countries. The data reached an all-time high of 11,002,958. The result is: 90. 19 USD Billion in 2011 and a …Gabon Global Economic Prospects examines trends for the world economy and how they affect developing countries. 6 point, with lower scores for property rights, government Factoring in Purchasing Power Parity, Gabon's GDP is $35,980,000,000. Gabon's economy also is subject to fluctuating oil prices, and it must contend with diminishing reserves. 3% poverty rate. 2% of Gabon GDP, a 19. The dataset covers 213 countries, 697 subdivisions (states, provinces, etc. The Gabonese economy has slowed because of the impact of the global crisis on the three leading sectors of the Gabonese economy: timber, manganese, and petroleum Gabon has twenty-three Petroleum companies, including nine North American, five European, two Australian, two South African , and one from the People's Republic of China Civil servants from the Ministry of Economy extend their three-week strike action to an indefinite strike effective June 19, ceasing all activities and ending provision of minimum service until further notice HE Jean Marie Ogandaga, Minister of Economy, Planning and Development Programming, Ministry of Economy, Planning and Development Programming OFID Governing Board Representative: Mr. Data are derived by dividing GDP in PPP dollars by total population. 14 %. Population rose to 2. Details. The country's top four exports were in the categories of agricultural raw material, ores and metals, fuels and manufactured goods. Gabon. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Gabon is a member of the Central African Monetary Union ( with Cameroon, Central African Republic, Chad, Congo Brazzaville and Equatorial Guinea) that requires uniformity of conduct of monetary and foreign exchange by member countries placed under the management of the Bank of the States of Central Africa (BEAC). This is evident in the development of its agri-business and public-private partnerships, and in Gabon’s economy has more links with European and American markets than with those in neighbouring states (with the exception of Cameroon) or elsewhere in Africa. Overview. 02 percent of the world economy. 49 XAF mn from Dec 1960 to 2016, with 57 observations. 1% of GDP in 2014 to 70% in 2018. 03 US dollars in 2017. The per capita GDP was estimated at $5,500. It is considered one of the largest oil producing countries in Africa, and also makes use of extensive exports of manganese, uranium, and timber which contribute three-fourths of the nation's GDP. Gabon is determined to reduce its dependence on raw materials, particularly hydrocarbons, and transform its economy to become an emergent nation by 2025. 47. In both countries, Gabon and Equatorial Guinea, oil is the main factor pushing their economies. When all else fails, some heroin addicts have used it to conquer their cravings. GDP Annual Growth Rate in Gabon averaged 2. Located in the west coast of Central Africa, the country’s exquisite economic condition is owed to the extensive exports of oil, manganese, uranium, and timber which constitute more than three-fourths of the nation’s GDP. oil accounted for approximately 80% of Gabon's exports, 45% of its GDP, Country comparison, you can compare any two countries and see the data side by side. It has established a credible industrial policy, including setting up special economic zones and attracting foreign direct investment. 02 percent of the world economy. Gabon's economic growth is expected to rise to 2 percent in 2018 from 0. 36 percent from 1994 until 2017, reaching an all time high of 5. Oil revenues comprise 65% of the Government of Gabon budget, 43% of GDP, and 81% of exports. 70 USD in 2016. And just before he passed away at a hospital in Spain, I went to the East Fjords. The statistic shows gross domestic product (GDP) per capita in Gabon from 2012 to 2022. In Gabon, there seems to be two liquids that count: oil, which brings in millions of dollars, and champagne, which costs much less despite everything. The average income in Gabon is about $6,400 compared to the $1,200 of some other countries. In fact, Gabon is the 2 nd richest country in Africa today in terms of GDP figures alone. Oil production is now declining rapidly from its apogee of 370,000 barrels per day in 1997. Frú LúLú, the new restaurant in Neskaupstadur: delicious. On the other hand, a skewed income The Gross Domestic Product (GDP) in Gabon was worth 14. In Nominal method, market exchange rates are used for conversion. #3) Gabon. Annual GDP Growth (%) Gabon. Gouvernement du Gabon. In terms of GDP figures alone, Gabon is one of the richest countries in Africa. [13] The richest 20% of the population earn over 90% of the income while about a third of the Gabonese population lives in poverty. 1960 1980 2000 Trillion 0 3 Gabon. Gabon is the 115th largest export economy in the world. Ministry for Fight Against Aids & for the Protection of Widows & Orphans Libreville; Ministry of Agriculture, Husbandry & Rural Development Minister: Paul Mba Gabon is blessed with mineral resources such as petroleum, manganese and iron, as well as high-quality forest resources. In addition to manganese and gold, iron ore, of which Gabon has abundant reserves, is one of the country’s strategic natural resources. Credit cards are accepted at only a few major hotels. Although the relative strength of Gabon's economy has led to a decline in the sharp poverty that is familiar to these other African nations, much of the population remains poor and income inequality is high. 08 USD in 1976 and a record low of 4377. The GDP figure in 2017 was €13,278 $15,000 million, Gabon is number 119 in the ranking of GDP of the 196 countries that we publish. Gabon has a free market economy with a strong GDP and high per capita income. Gabon African Economic Outlook 2017 Real GDP growth declined to 2. In 2016 the GDP of Gabon was $14. 62 USD Billion from 14. It falls under the purview of the IOM Regional Office for Central and West Afirca in Dakar, Senegal. The UN's Human Development Index (HDI), which attempts to measure the quality of life on the basis of real GDP per capita, the adult literacy rate, and life expectancy at birth, placed Gabon at 123 out of 174 countries in 1999, in the medium human development category. On the other hand, a skewed income distribution and poor social indicators misrepresent the situation if only GDP is taken into account. The Central African customs and economic union (UDEAC) was created in 1964 by Cameroon, Gabon, the Central African Republic (CAR), Chad and the Republic of Congo-Brazzaville and became operational in 1966. 8 percent in 2017, down from an earlier forecast of 1 percent, but expects growth to rebound to 2. Gabon is an upper middle-income economy comes under the Sub Saharan African region as to the classification made by the World Bank on the basis of income and region for year 2006. With a healthy economy and a stable political situation, Gabon enjoys a state of affairs that could be characterized as peaceful and secure. On the other hand, a skewed income The GDP value of Gabon represents 0. 2% living in severe poverty. The largest group is the Fang, forming 40 percent of the population. Country comparison, you can compare any two countries and see the data side by side. Late President Omar Bongo Identification. 36 percent This page provides the latest reported value for - Gabon GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term Gabon from The World Bank: Data. GDP (Gross Domestic Product) GDP (Gross Domestic Product) is the value of a country's overall output of goods and services (typically during one fiscal year) at market prices, excluding net income from abroad. OYEM, GABON — As Gabon gets ready to host this year’s Africa Cup of Nations football (soccer) tournament, local businesses are hoping for a much needed boost to the economy. In reality however, Gabon isn’t that rich. Gabon joined the World Bank in 1963. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the The data is categorized under Global Database’s Gabon – Table GA. Deposits are mostly located in the south-east of the country in the Francevillian basin of Proterozoic age. Ibogaine is a drug harvested from the roots of a plant found in Gabon. As of 1 January 2018, the population of Gabon was estimated to be 1,823,960 people. The government of Gabon makes the largest part of its revenue from oil production, making Gabon one of the biggest oil producers in The heart of Gabon economy is the oil industry. 75 USD and it's projection for 2018 is 9422. Gabon’s economic freedom score is 58. The Republic of Gabon is situated on the western shores of Central Africa. From 2010 to 2016, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and Gabon, located on the west coast of Africa, is one of the region's more stable countries. Gabon is currently the world’s third producer of manganese behind South Africa and Australia. 24 % (40,031 people) compared to population of 1,783,929 the year before. Capital: Libreville. 1% published in 2016. 7 percent next year due to Gabon is the 115th largest export economy in the world. The Koz Post reports: In Gabon, The Sale Of Precious Wood Illegally Cut Worries In march of last year, Gabon has forbidden the cutting of the kevazingo, a precious wood, very appreciated in Asia. GABON . At the African Development Bank’s annual meetings in Busan, South Korea, CNBC Africa’s Christy Cole caught up with Biendi Maganga – Moussavou, Gabon’s Minister of Agriculture and Livestock Gabon is a beautiful Central African destination known for its lush national parks, which together account for more than 11% of the country's total land mass. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. GDP per capita in Gabon averaged 9917. It’s located in the west coast of central Africa bordering Cameroon, Congo and Guinea. Gabon ranks number 149 in the list of countries (and dependencies) by population . 86% from 2014 to 2015. As of 2012, approximately 1. 59 USD Billion from 1960 until 2017, reaching an all time high of 18. Dec 13th 2007, 12:23 from Print edition. Gabon Home; Overview the oil sector has accounted for 80% of exports, 45% of GDP, and 60% of fiscal revenue. In brief. 34 billion, GDP (PPP) Per Capita: $18600, Population 1725292. GABON – A green economy 31/07/16 Summary Bringing diversity through agriculture has been a priority in the economy policies adopted by Gabon since 2009. Gabon, located on the west coast of Africa, is one of the region's more stable countries. Gabon Gross Domestic Product in US current dollars (not inflation-adjusted). 75 USD from 1960 until 2017, reaching an all time high of 19493. Identification. 5%. Gabon: GDP per capita growth, 1 year (%). For example, Gabon’s Exports rank is higher than (please wait) of the countries in the dataset. 121 Gabon 14,623 122 West Bank and Gaza 14,498 Gross domestic product 2017 (millions of Ranking Economy US dollars) 184 Grenada 1,119 185 Gambia, The 1,015 TheGlobalEconomy. With its per capita income more than other poorer countries of Africa, Gabon qualifies as the third richest country in the African continent. 66 % The highest data : 1993 is the highest year for the indicator : Public debt (% of GDP). This is an increase of 2. Gabon is holding the 119 position by nominal GDP. Agriculture includes farming, fishing, and forestry. Gabon's Membership in International Organizations. Discover why the strategic partnership between Olam International, one of the most prestigious corporations of Singapore,. Bechtel and the government of Gabon developed a $25 billion national master plan for infrastructure, and a public-works agency that Bechtel helped to establish―and is now supporting―which are delivering a hundred projects to serve the nation's 1. The WHO country health profile of Gabon provides key statistics and links to health topical databases, plus news, features and Bulletin journal articles on the health issues of the country. Compare Countries. GDP (PPP), US Dollars for Gabon in year 2015 is US$ 34. Gabon is an East African nation with a vast oil reserve and low population density which makes it convenient for individuals to maintain sustainable standards of 83 Gabon 6,610 83 Algeria 15,050 84 Libya 6,540 84 Lebanon 14,690 c 85 Suriname 6,020 85 Macedonia, FYR 14,590 Gross national income per capita 2017, Atlas method and PPP Purchasing Atlas power parity International Monetary Fund (IMF) has called on Argentina to adopt measures to address the quality of official GDP and consumer price Gabon is blessed with mineral resources such as petroleum, manganese and iron, as well as high-quality forest resources. Here you have the comparison between South Africa vs Gabon . 90 percent in 2005 and a record low of -11. Product/ServiceGabon would be part of this group until 1960 when it gained its independence. In July 2012 Gabon released President Ali Bongo Ondimba's, Strategic Plan for an Emerging Gabon (PSGE / Plan Strategique Gabon Emergent), an ambitious blueprint for developing Gabon into an emerging economy by 2025 by diversifying the country away from its reliance on energy exports GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. S dollars per person, for the latest year for which data is published. Graph and download economic data from 2004 to 2019 about Gabon, REO, per capita, real, GDP, and rate. S dollars per person, for the latest year for which data is published. In terms of square kilometres Gabon …Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Gabon - PIB. Gabon : 26 records since 1990 , the average of these recordings : 56. Gabon was a founding member of the African Union. 08 USD in 1976 and a Gross Domestic Product of Gabon grew 1. Outstanding Total International Debt Securities to GDP for Gabon Percent, Annual, Not Seasonally Adjusted 1982 to 2016 (6 days ago) Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Nationality of Issuer in Gabon (DISCONTINUED) Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. Since that time Gabon has had two long serving president dictators. Gabon is classified as an upper middle-income country by the World Bank, with a GDP of $19. The description is composed by Yodatai, our digital data assistant. 03 USD from 9552. 75 USD from 1960 until 2017, reaching an all time high of 19493. Join tagmydeals & access Ministry of Finance Gabon - Gabonese Republic Ministry of Economy, Investment Promotion and Prospective of the Republic of Gabon ( Omar Bongo Ondimba) details . Inflation Rate went down to 0. In 2016 Gabon public debt was 8,134 million euros 9,003 million dollars, has increased 2,339 2,573 million since 2015. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product. It is bordered by Cameroon, Equatorial Guinea, and the Republic of Congo to the east, and by the Atlantic Ocean to the west. Gabon’s economic freedom score is 58. 9. Although Rabi is still one of Gabon’s largest producing fields, it has matured and production has gradually declined to about 23,000 bbl/d in 2010. Gabon's oil revenues have given it a per capita GDP of more than $10,000, unusually high for the region. World Bank: Gross Domestic Product: Real. a small population and oil and mineral reserves have helped Gabon become one of . 118 Gabon 36,823 119 Nicaragua 36,324 Gross domestic product 2017, PPP (millions of Ranking Economy international dollars) 123 Zimbabwe 34,476 124 …Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Gabon - Taux de croissance annuel du PIB. In both countries, Gabon and Equatorial Guinea, oil is the main factor pushing their economies. 91 billion $ US Gabon is a member of the African Union and Gabon and the United States belong to a number of the same international organizations, including the United Nations, International Monetary Fund, World Bank, and World Trade Organization. Include activities of the Special Economic Zone of Nkok, the Mineral Port, the General Cargo, and energy infrastructures in Gabon. Gabon population is equivalent to 0. Its national debt in 2016 was 8,134 millions of euros 9,003 millions of dollars , ( 64. The country is rich in oil. Economy of Gabon Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa, its reliance on resource extraction industry releasing much of the population from extreme poverty. 80 percent in Sep 2017. 03% of the total world population . , World EconomicsGabon. So silent, so beautiful. GDP Per Capita (PPP), US Dollars for Gabon in year 2015 is US$ 18,639. The second section, industry, contributes 67% …In both countries, Gabon and Equatorial Guinea, oil is the main factor pushing their economies. 2B and its GDP per capita was $18. Credit-to-GDP gaps. Gabon is a central African country rich is natural resources. In this context, the country is faced with a two-fold challenge: to create a diverse economic GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. . 90 percent in 2016. 19 USD Billion in 2011 and a record low of 0. GABON — A central African nation located between Equatorial Guinea and the Republic of Congo, Gabon is a tropical nation of a mere 1. gabon gdp instagram. 0, making its economy the 109th freest in the 2018 Index. Gabon is a central African country rich is natural resources. 62 USD Billion from 14. 00 (USD) with $19,300. This rate is 10 -tenths of one percent less than the figure of 2. Currency: Gabon is largely a cash economy. SEM was formed by Presidential decree in 2011 to facilitate the development of Gabon’s mineral resources. 21 billion US dollars in 2017. Gabon relied on timber and manganese exports until oil was discovered offshore in the early 1970s. The economy is highly dependent on extraction of abundant primary materials. Jean Jacques Essono Nguema, Advisor to the Minister, Ministry of Economy, Planning and Development Programming Gabon would be part of this group until 1960 when it gained its independence. ) and 997 major cities Cities with more than 500,000 inhabitants from 2003 till 2028. Shows on the two television stations include The Bold and the Beautiful , Santa Barbara , Dallas , French movies, and documentaries. 95 XAF mn in 2012 and a record low of 582,373. GDP per capita Gabon ECONOMY Gabon has a PCI (per capita income) that is two to four times greater than that of most sub-Saharan African nations. 59 USD Billion from 1960 until 2017, reaching an all time The Gross Domestic Product (GDP) in Gabon expanded 0. GDP in Gabon grew to 14. GDP all-time average stands at 5. 78 USD and GDP Per Capita PPP went down to 16562. Top five richest economy of Africa is Seychelles, Equatorial Guinea, Mauritius, Gabon, and Botswana. Statistics. The heart of Gabon economy is the oil industry. Gabon: GDP/cap growth, 5 years (%). 5 percent a year ago thanks to robust growth in agriculture, mining and logging, which enabled it avoid a recession, the The economy of Gabon is influenced by trade to a large extent. Who We Are. Decreases in production since the mid-1990s have hurt the economy, although it benefited from oil price increases after 2000. Gabon – 210,000 Barrels Per Day. Gabon’s GA: GDP: Real: Gross Domestic Income data is updated yearly, averaging 3,151,146. World Bank: Gross Domestic Product: Share of GDP. One of the economic pieces of evidence is Gabon's GDP, gross domestic product, per capita. The result is: 39. Traditional pastimes must compete with American and French television and music, and with news about the antics of sports heroes. Gabon’s GDP growth slowed down to 3. The GDP per Capita in Gabon is equivalent to 75 percent of the world's average. Gabon - Income The US Central Intelligence Agency (CIA) reports that in 2001 Gabon's gross domestic product (GDP) was estimated at $6. 45% during the Great Recession Gabon since the end of the Great Recession Gabon's GDP per Capita (PPP) had a positive growth of 37. Its highest GDP was recorded in 2011 and its average GDP in the last 10 years is $15. From 2010 to 2016, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and Gabon is the 115th largest export economy in the world. Gabon faces fluctuating prices for its oil, timber, and manganese exports. Gabon is one of the small countries in Africa maximizing on the advantage of having good deposits of natural resources. The first was Leon M'ba and the second was El Hadj Omar Bongo Ondimba. 34 (USD Billion) and its growth was 3. SEM is a private company which is wholly owned by the Government of Gabon Initially, SEM’s activities will be focused on expanding and developing strategic national minerals GDP per capita: $20,081; Gabon. It also contains Gross National Income (GNI) at current prices and analytical indicators and ratios that reflect economic structure and trends of Monday's forex rates for the CFA Franc in Central Africa 29 october 2018 11:24:01 Libreville, Gabon (PANA) - Following are Monday’s exchange rates for the CFA Franc, as issued by the Bank of Central African States. ly/1ptZxHo ︎WEBSITE: http://www. GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. Current, accurate and in depth facts on Gabon. Gabon faces fluctuating international prices for its oil, timber, and manganese exports. 1 point, with improvements in government spending and Economy - overview: Gabon enjoys a per capita income four times that of most of sub-Saharan African nations. Media in category "Economy of Gabon" The following 27 files are in this category, out of 27 total. In January 2017, authorities approved an economic revitalization plan to address the current economic crisis by containing macroeconomic and budgetary imbalances and stimulating growth. 05 . In 2010, the petroleum industry accounted for 46. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Gabon - BNP. 7 billion dollars. Thanks to Gabon's robust, oil-dependent economy, the per-capita income is estimated to be close to $7,000, making it a middle-income country. 8 %. The current flag of Gabon has been adopted in 1960 when the country declared independence from France, and it is composed of three horizontal stripes from the top in green, yellow and blue colors. Gabon has an extensive system of rainforests and savannas in the east and south. Gabon is faced with declining oil production, which has been the backbone of its economy since it gained independence. 07 billion people were living in 54 different countries in Africa. 91 billion $ US Gabon - Gross domestic product in current prices 15. The gross domestic product (GDP) of Gabon is $14. 1960 1980 2000 Million 0. But the authorisation of resale and processing of logs seized concern of the NGOS, which fear that it could encourage illegal logging. Gabon aims to increase the contribution of agriculture to its economy to 15 percent, from current levels of 1 percent by 2020, as part of its strategy to become an emerging country by 2025, according to the country’s agriculture minister. The International Monetary Fund sees Gabon's economy growing at 0. GDP per capita: $20,081; Gabon. 2B and its GDP per capita was $18. The Gross Domestic Product (GDP) in Gabon expanded 0. Homepage of the GSEZ Group. The tourism industry of Gabon is widely underdeveloped, and has only begun to be properly developed by the government. The Gross Domestic Product (GDP) in Gabon was worth 14. Figure 12 shows the top ten African countries and top ten EU Member States in terms of gross domestic product (GDP) per capita. 75 USD and it's projection for 2018 is 9422. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Since then, the Bank has provided support through the financing of more than 20 projects in a variety of sectors. Newsline. In 2016, Gabon exported $3. A funeral in Gabon is a test of how fast and how far Nicolas Sarkozy is changing France’s policy towards Africa. 2015 ARTICLE IV CONSULTATION balance (commitment basis) from a surplus of 2. Gabon GDP and Economic Data Country Report 2017 - Includes Gabon real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per …The Gross Domestic Product per capita in Gabon was last recorded at 9442. Its overall score has increased by only 0. This makes it the 121st largest economy and its citizens the 84th richest in the world. Late President Omar Bongo Gabon Economy Economy—overview: Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa. Gabon’s agriculture consists of cocoa, coffee, sugar, palm oil, cattle, and fish. 4 month, Second, public debt jumped from 34. Variable: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP Note: Expressed in GDP in PPP dollars per person. Economy Profile of Gabon Doing Business 2018 Indicators (in order of appearance in the document) Starting a business Procedures, time, cost and paid-in minimum capital to start a limited liability company Business & Economy Gabon is ranked as an upper-middle-income country. According to the African Development Bank (AFDB), one third of the population lives below the poverty line, with 13. Gabon faces fluctuating international prices for its oil, timber, and manganese exports. 1% in 2017 compared to last year. 70 USD in 2016. Microdata Library, providing data on people living in developing countries, their institutions, their environment, their communities and the operation of their economies. Gabon's economy is dominated by oil. Gabon has been a magnet to migrants from neighboring countries since the 1960s because of the discovery of oil, as well as the country’s political stability and timber, mineral, and natural gas resources. The government of Gabon makes the largest part of its revenue from oil production, making Gabon one of the biggest oil producers in The International Monetary Fund sees Gabon's economy growing at 0. 1% of GDP excluding payment arrears) before declining in 2019. 30 percent in 2017 from the previous year. Foreign investment is welcomed and laws are usually investor friendly. Private enterprise is actively encouraged particularly in the sectors of oil production and manufacturing. It has 4th highest HDI and third highest GDP per capita (PPP) in the region. With a population of 1. Ministry for Fight Against Aids & for the Protection of Widows & Orphans Libreville; Ministry of Agriculture, Husbandry & Rural Development Minister: Paul Mba The economy was reliant on oil for about 50% of its GDP, about 70% of revenues, and 87% of goods exports for 2010, although some fields have passed their peak production. Demographics of Gabon 2017. Oil production represents 60 percent of government revenues. The GDP (PPP) ranking is 37th highest in the world. GABON ECONOMIC UPDATE GDP Gross Domestic Product • Gabon has stated its intention to introduce a Ibogaine is a drug harvested from the roots of a plant found in Gabon. Gabon is a sovereign country in Africa, with a total land area of approximately 267,667 sq km. 59 USD Billion and it's projection for 2018 is 12. Gabon's oil revenues have given it a per capita GDP of $8,600, unusually high for the region. Statistics; Please note that the data for all countries is in the process of being updated. Gabon is the 9 th largest oil producer in Africa and the 37 th in the world with a daily production capacity of 210,000 BPD. 19 USD Billion in 2011 and a …Gabon also exports manganese, iron and wood, trading primarily with the United States, China and Russia. 1k. At the African Development Bank’s annual meetings in Busan, South Korea, CNBC Africa’s Christy Cole caught up with Biendi Maganga – Moussavou, Gabon’s Minister of Agriculture and Livestock The mining sector in Gabon is mainly focused on the exploitation of manganese. As an internationally based candidate seeking a return to work in Gabon, your skill set can set you apart from the crowd. The newspaper covering local, national, and international news on politics, as well as coverage of sports, business, and entertainment. World Economics is an organisation dedicated to producing insight, analysis and data relating to questions of key importance in understanding the world economy. GDP Per Capita in Gabon fell to 9442. Higher GDP, Higher Unemployment: The Gabon Poverty Rate 0. Oil production represents 60 percent of government revenues Gabon aims to increase the contribution of agriculture to its economy to 15 percent, from current levels of 1 percent by 2020, as part of its strategy to become an emerging country by 2025 Gabon has a free market economy with a strong GDP and high per capita income. Factoring in Purchasing Power Parity, Gabon's GDP is $35,980,000,000. 00 (USD) per capita. 62 billion US dollars in 2017. 6. Gabon is a French equatorial country, home to over forty ethnic groups. Ondimba is actually adopted and thus not allowed to be president as per the constitution in Gabon. Oil production is now declining from its peak of 370,000 barrels per day (59,000 m 3 /d) in 1997. the Republic of Gabon and Africa Finance Corporation is the key factor to your investment, development and expansion in Gabon. Unique cultural information provided. GDP is an important indicator of a country's economic power. Gabon, with its abundant natural resources and small population, is one of the wealthiest nations in Africa, with a per capita Gross Domestic Product that is four times greater than that of most Sub-Saharan nations. As the fifth largest oil producer in Africa, Gabon has experienced strong economic growth over the past decade, driven in particular by its oil and manganese production. Omar is dead. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. Gabon Gross Domestic Product in US current dollars (not inflation-adjusted). 21 (billion US dollars) in 2017 Though Gabon GDP fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 15. 9 million over a surface area of 268,000 square kilometers, Gabon is a sparsely populated country with forests covering 85% of the Gabon during the Great Recession Gabon's GDP per Capita (PPP) had a positive growth of 1. The percentage change in GDP per capita for the latest 5 years for which data is published. Among the Africa’s oil producing nations Gabon has taken its place as one of the largest producer. The government of Gabon makes the largest part of its revenue from oil production, making Gabon one of the biggest oil producers in Africa. 34 billion and a population of only 1. 03% of the total world population . We read every letter, fax, or e-mail we receive, and we will convey your comments to CIA officials outside OPA as appropriate. Gabon should diversify its economy and prepare for the after-oil era pursuing institutional reforms to improve the investment climate, governance, and eradicate Gabon African Economic Outlook 2017 Real GDP growth declined to 2. He served in the government of Gabon as Minister of the Economy, Finance, the Budget, and Privatization from 2008 to 2009 and has been Minister of the Budget, Public Accounts, and the Civil Service, in charge of State Reform, since October 2009. Gross domestic product 2017 (millions of Ranking Economy US dollars) 1 United States 19,390,604 2 China 12,237,700 We use cookies to improve your experience on our website. A brief history of Gabon. 30 percent from 2. 08 USD in 1976 and a Gabon has the 111th largest economy in the world . 5 percentage point rise from 2015, when it was 44. 0. Last updated: Facts and figures: August 2014The Republic of Gabon is situated on the western shores of Central Africa. External debt (JEDH) Global liquidity. Though Gabon GDP per capita fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 7,972 US dollars in 2017. GDP is the total value of all goods and services produced in a country in a year. 55B and imported $1. GDP (current US$). The International Monetary Fund sees Gabon's economy growing at 0. The culture is highly influenced, not only by its ethnic background and proximity to other West African nations, but also by French control. Art is VOA's Vincent Makori talks to Melvin Ayogu, of Brookings Institution about the growth, governance and economic development in Gabon. The incumbent, Ali Bongo Ondimba, will remain in power over the forecast period, but political stability will remain fragile, amid public protests and opposition claims of a drift towards authoritarianism under the new constitution. Late President Omar Bongo From 2010 to 2016, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and 60% of its state budget revenues. 9 percent in 2015. Gabon would be part of this group until 1960 when it gained its independence. Please note the exports, imports and tariff data are based on reported data and not gap filled. Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. Gabon continues to face fluctuating prices for its oil, timber, manganese, and uranium exports. Learn more about the Gabon economy, including the population of Gabon, GDP, facts, trade, business, inflation and other data and analysis on its economy from Gabon is a central African country rich is natural resources. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. com Gabon has at least 40 ethnic groups, with separate languages and cultures. World Economics is an organisation dedicated to producing insight, analysis and data relating to questions of key importance in understanding the world economy. Gabon is considered to be one of Africa’s largest producing nations of oil. 88. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. The GDP per Capita in Gabon is equivalent to 75 percent of the world's average. 36 percent Gabon from The World Bank: Data. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. Gross domestic product 2017, PPP (millions of Ranking Economy international dollars) 1 China 23,300,783 2 United States 19,390,604 Gabon economy covering GDP, currency, exports, and more. The government of Gabon makes the largest part of its revenue from oil production, making Gabon one of the biggest oil producers in Gabon's economy and health indicate that it is a developed country. 8 percent in 2017, down from an earlier forecast of 1 percent, but expects growth to rebound to 2. About global liquidity indicators. 5 percent of GDP in 2014 to a deficit of 2. GDP Gabon Design Paris. 55B and imported $1. Gabon; Central bank hub. From 2010 to 2016, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and 60% of its state budget revenues. Derivatives. This amount means that the debt in 2016 reached 64. 5 percent a year ago thanks to robust growth in agriculture, mining and logging, which enabled it avoid a recession, the The economy was reliant on oil for about 50% of its GDP, about 70% of revenues, and 87% of goods exports for 2010, although some fields have passed their peak production. Gabon export, in particular plays a significant role in the economy of the country. Its overall score has decreased by 0. 5 percent a year ago thanks to robust growth in agriculture, mining and logging, which enabled it avoid a recession, the First it hampered Gabon’s liquidity position with an import cover of foreign exchange reserves plummeting from about 10 months of import cover to just 1. Coverage of elections, ministries, government reshuffles and policy changes. According to the United Nations Conference on Trade and Development, the GDP growth of Gabon in the year 2016 stood at 3. The former Yugoslav Republic of Macedonia Southern Europe: Timor-Leste South-eastern Asia: Togo Western AfricaOxford Business Group is a global research and consultancy company producing business intelligence on more than 35 countries. The GPD is divided into three sections the first being agriculture making up 8%. All figures are estimates. African financial markets: On safari. 03 USD from 9552. Australia's Ambassador to Gabon is resident in Abuja, Nigeria. Searching for discounted round-trip or one-way low airfare, search no more, call Economy Travel to book your tickets to Gabon and enjoy our offer. Economic diversification should take account of high unemployment levels, notably among youth (46% of those under 25 are jobless), and a 34. Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. Toggle navigation. 40 USD from 16756. The GDP per Capita in Gabon is equivalent to 75 percent of the world's average. The petroleum industry generates 80% of export earnings and more than 50% of government revenues. By Staff Reports on October 8, 2017 World News. It also contains Gross National Income (GNI) at current prices and analytical indicators and ratios that reflect economic structure and trends of Gabon's largest urban center is the capital of Libreville. 2% debt-to-GDP ratio) and its public debt per capita is 4,108€ euros per inhabitant 4,548$ dollars per inhabitant . Gabon: GDP per capita. Where buy-to-let property earns the most; World's most expensive cities;Gabon became an IOM Member State on 9 June 2005. 6, making its economy the 164th freest in the 2018 Index. Gabon enjoys a per capita income four times that of most sub-Saharan African nations, but because of high income inequality, a large proportion of the population remains poor. TheGlobalEconomy. Gabon's oil revenues have given it a per capita GDP of more than $10,000, unusually high for the region. 3 percent to 25 percent by 2025. 1% published in 2016. Debt service ratios. Gabon GDP and Economic Data Country Report 2017 - Includes Gabon real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Gabon's largest urban center is the capital of Libreville. The current population of Gabon is 2,081,388 as of Friday, November 2, 2018, based on the latest United Nations estimates. 00 (USD) with $19,300. 5 percent a year ago thanks to robust growth in agriculture, mining and logging, which enabled it avoid a recession, the Gabon's land statistics and info on land area, highest and lowest point, length and width, mean elevation, geographic center and bordering countries - by worldatlas. com ︎INSTAGRAM: https://www. 575 Billion. GDP Per Capita all-time average stands at 9917. Gabon The MigApp is IOM’s institutional tool that leverages current technology and the widespread use of mobile telecommunications to bring a secure, objective and user-friendly downloadable app which serves as a one-stop-shop platform where migrants can access current, reliable and practical information and IOM services. 7% of GDP. 03 US dollars in 2017. 47. The first was …Per capita GDP at current prices - US dollars Search glossaries Source: Gabon Gambia Georgia Germany Ghana Greece Greenland Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary Iceland The main aggregates in the database include Gross Domestic Product (GDP) by type of expenditure and Gross Value Added by kind of economic We use cookies to improve your experience on our website. Gabon’s GPD (gross domestic product) is estimated to be around 7. It is bordered by the Gulf of Guinea to the west, the Republic of Congo to the east and south, Cameroon to the north and Equatorial Guinea to the northwest. Ranking of the country (Gabon) at the global level is (from the highest to the lowest data) : 117 / 187 See the entire classification Gabon : 36 records since 1980 , the average of these recordings : 7. Gabon's per capita income is over four times that of most sub-Saharan African countries. Latest. Other ethnic groups include the Myene, Bandjabi, Eshira, Bapounou, Bateke/Obamba, Nzebi, and Bakota. 89B, resulting in a positive trade balance of $1. World's richest countries by GDP and wealthiest nations by GDP per capita as of October 2018 GDP (Gross Domestic Product) is the total market value of all final goods and services produced in a country in a given year. The Gross Domestic Product (GDP) in Gabon was worth 14. Gabon. Champagne consumption is a passion for the Librev The current population of Gabon is 2,081,388 as of Friday, November 2, 2018, based on the latest United Nations estimates. (see Data FAQs) Beyond Gabon and Africa, C-GIDD is the world's most detailed economic and demographic database for GDP and income distribution data. ;Gabon: GDP per capita. 4 2. The economy was reliant on oil for about 50% of its GDP, about 70% of revenues, and 87% of goods exports for 2010, although some fields have passed their peak production. Gabon is the fifth largest oil producer in Africa, in conjunction with timber and other mineral reserves they form the backbone of the economy. Angola’s economic freedom score is 48. GDP Per Capita in Gabon fell to 9442. 7. Gabon’s Master Plan calls for the establishment of Special Economic Zones and the upstream exploration of gold, diamonds, potash, and phosphates in the hopes of quadrupling the mining sector’s contribution to GDP from 6. 49 %. Hey Guys don't forget to LIKE & SUBSCRIBE: http://bit. (see Data FAQs) Libreville, Gabon » City Info » Economy Aside from being Gabon's capital, Libreville is also the country's largest city. Gabon - Gross domestic product in constant prices growth rate. Gabon's oil revenues have given it a per capita GDP of $8,600, unusually high for the region. Based on the record, Gabon’s oil industry has given the country one of the highest per capita incomes in sub-Saharan Africa. Gabon ranked 167 out of 190 countries in the 2018 Doing Business report . 8 (%) in 2017 In 2017, real GDP growth for Gabon was 0. Gabon African Economic Outlook 2017 Real GDP growth declined to 2. One of the top French-language newspapers published in Gabon. The current population of Gabon is 2,081,388 as of Friday, November 2, 2018, based on the latest United Nations estimates. The percentage change in real GDP per capita for the latest year for which data is published. Gabon (/ ɡ ə ˈ b ɒ n /; French pronunciation: ), officially the Gabonese Republic (French: République gabonaise), is a country on the west coast of Central Africa. 00 (USD) per capita. Research hub. Gabon relied on timber and manganese exports until oil was discovered offshore in the early 1970s. GDP – $14. Gabon: Economy Oil wealth, however, led to government corruption, and the population at large has failed to benefit from oil profits. 21 likes. It was expected to deteriorate further in 2016. The economy shares some characteristics with those of other sub-Saharan African states: strong links with the former colonial ruler, a large degree of foreign investment and control Gabon is one of the richest countries in Sub-Saharan Africa. It represents approximately 6% of the country’s GDP and exports. (see Data FAQs) Source: IMF World Economic Outlook Database. Economy is one of the ways that shows Gabon's development. GDP Gross Domestic Product of Gabon grew 1. 66B. Though Gabon real GDP growth fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 0. The annual growth rate of GDP was estimated at 2. 9% in 2016 from 4% the previous year, mainly due to the lower price of oil. Under a public/private partnership, in 2017 the Singaporean company, Olam, opened the world’s largest palm oil factory. The current flag of Gabon has been adopted in 1960 when the country declared independence from France, and it is composed of three horizontal stripes from the top in green, yellow and blue colors. dilaam-beauty. World Ranking: 37. Economy Profile of Gabon Doing Business 2018 Indicators (in order of appearance in the document) Starting a business Procedures, time, cost and paid-in minimum capital to start a limited liability company Gabon’s GDP growth slowed down to 3. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP per capita of Africa is $1,825 and $5,289 in nominal and ppp terms, respectively. 4 percent of the GDP, giving Gabon one of the highest income levels among African countries. These parks protect a bounty of rare wildlife - including the elusive forest elephant and the critically endangered western lowland gorilla Jobs in Gabon. Gabon : 54 records since 1961 , the average of these recordings : 4. 4 percent of the GDP, giving Gabon one of the highest income levels among African countries. Gabon GDP current 1827965366 2715436803 4305083577 2809349074 3618007844 from ECON 3620 at University of Guelph Resources. Statistics All countries . Attitude toward Foreign Direct Investment. The poor quality of Gabon’s business climate is a major barrier to the diversification of its economy. 00 Million (previously reported at …Gabon’s GA: GDP: Real data remains active status in CEIC and is reported by World Bank. Agriculture, value added (% of GDP) Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. #3) Gabon. GDP Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa, Gabon's oil revenues have given it a per capita GDP of more than $10,000, unusually high for the region. Resources. First it hampered Gabon’s liquidity position with an import cover of foreign exchange reserves plummeting from about 10 months of import cover to just 1. News, reports and insight on political matters around the world. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. 7 percent next year due to Gabon enjoys a per capita income four times that of most sub-Saharan African nations, but because of high income inequality, a large proportion of the population remains poor. The statistic shows gross domestic product (GDP) per capita in Gabon from 2012 to 2022. The data is categorized under Global Database’s Gabon – Table GA. . 35,000 + pages CountryReports - Your World Discovered! Gabon’s history is similar to that of other former French colonies in Africa. gabon gdpGabon enjoys a per capita income four times that of most nations of sub-Saharan Africa, Gabon's oil revenues have given it a per capita GDP of more than $10,000, unusually high for the region. 02 percent of the world This page provides the latest reported value for - Gabon GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term The Gross Domestic Product (GDP) in Gabon expanded 0. GDP is an important indicator of a country's economic power. 66B. 43 % The highest data : 1974 is the highest year for the indicator : Growth rate of GDP (%). 95% of the Gabonese production is for the steel industry. 6 point, with lower scores for property rights, government The Gross Domestic Product per capita in Gabon was last recorded at 9442. Gabon 2 | (55) : Gabon’s small population, abundant natural resources, and considerable foreign support have helped make it one of the more stable African countries. About derivatives statistics. The declining oil reserves and prices are one reason why Gabon is poor. 0, making its economy the 109th freest in the 2018 Index. Central bank and monetary authority websites. Due to the high rate of credit card fraud, you should exercise caution when using them. 01 USD Billion and GDP Annual Growth Rate went down to 0