Gabon - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Gabon including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Gabon economy.


MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 578.36
575 595 617 639 737
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 0.30
percent
4.5 4.5 4.6 3.9 5.5
GDP 14.21
USD Billion
14.65 14.92 15.2 14.1 12.8
GDP per capita 9569.50
USD
9656 9743 9633 9793 9837
GDP per capita PPP 16786.00
USD
16938 16918 16898 17178 17255
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 19.60
percent
18.55 18.37 18.2 18.17 18.4
Population 1.98
Million
1.75 2.01 2.02 2.04 2.21
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 0.00
percent
3.5 2 3.7 3.3 4
CPI Transportation 144.70
Index Points
154 153 155 149 168
Consumer Price Index Cpi 133.10
Index Points
138 137 140 137 152
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 2.95
percent
2.95 2.95 2.95 3 2.95
Deposit Interest Rate 2.45
percent
2.4 2.41 2.42 2.42 2.42
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 1204.87
CFA Billion
3987 4145 4712 4305 5589
Current Account -272.77
CFA Billion
21.92 -58.94 -140 -144 -116
Current Account to GDP -8.20
percent
-0.5 -0.5 -0.5 1.9 0.2
Crude Oil Production 200.00
BBL/D/1K
205 203 206 203 202
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 66.50
percent
66 66 66 72 80
Government Budget -3.50
percent of GDP
0.5 0.5 0.5 -1.82 -2
Military Expenditure 288.50
USD Million
164 158 152 149 150
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1754.73
KBps
1648 1622 1600 1578 1379
IP Addresses 56677.00
IP
42602 39006 40664 42448 37820
Ease of Doing Business 167.00
167 167 167 167 167
Corruption Index 32.00
Points
32 32 32 32 32
Corruption Rank 117.00
106 109 113 111 104
Competitiveness Index 3.79
Points
3.79 3.79 3.79 3.79 3.79
Competitiveness Rank 108.00
106 105 105 105 107
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 35.00
percent
35 35 35 37 39
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 18.50
percent
18.5 18.5 18.5 19 19
Social Security Rate For Companies 16.00
percent
16 16 16 16 16
Social Security Rate For Employees 2.50
percent
2.5 2.5 2.5 2.5 2.5
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 129.03
mm
146 48.52 240 172 155
Temperature 25.37
celsius
24.58 23.09 24.48 25.18 24.86