The Gross Domestic Product (GDP) in Gabon expanded 2 percent in 2018 from the previous year. GDP Annual Growth Rate in Gabon averaged 2.35 percent from 1994 until 2018, reaching an all time high of 5.90 percent in 2005 and a record low of -11.30 percent in 1999.

GDP Annual Growth Rate in Gabon is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gabon GDP Annual Growth Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.

Gabon GDP Annual Growth Rate
Forecast Data Chart
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Gabon GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.00 0.50 5.90 -11.30 percent [+]
GDP 17.02 14.89 18.19 0.14 USD Billion [+]
GDP per capita 9077.00 9204.00 19562.60 4362.10 USD [+]
GDP per capita PPP 15922.20 16144.90 20940.10 14990.60 USD [+]

Gabon GDP Annual Growth Rate

Gabon is one of the most developed countries in sub-Saharan Africa. Abundance of natural resources such as oil and timber sustain Gabon’s economy. However, mismanagement and corruption result in inequality in wealth distribution. In recent years, investments have been undertaken in agriculture and tourism in order to diversify Gabon’s economy. This page provides - Gabon GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gabon GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 0.50 5.90 -11.30 1994 - 2018 percent Yearly

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China 6.20 Jun/19
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