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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 569.27
596 618 641 665 769
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 0.30
percent
4.5 4.6 3.9 1.8 5.5
GDP 14.62
USD Billion
15 15 15.5 15.5 16.5
GDP per capita 9442.03
USD
9643 9643 9793 9793 9409
GDP per capita PPP 16562.40
USD
16777 16777 17178 17178 17505
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 19.60
percent
19.25 19.5 19.57 19.65 19.7
Population 2.00
Million
2.02 2.02 2.02 2.02 2.02
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.00
percent
0.1 3.7 3.3 3.2 4
CPI Transportation 144.70
Index Points
150 150 149 149 162
Consumer Price Index Cpi 133.10
Index Points
135 138 137 137 149
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 2.95
percent
2.95 2.95 3 3 2.95
Deposit Interest Rate 2.45
percent
2.45 2.45 2.5 2.5 2.45
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 1204.87
CFA Billion
2129 2776 2196 2200 2978
Current Account -272.77
CFA Billion
-58.94 -140 -144 -147 -116
Current Account to GDP -9.00
percent
-0.5 -0.5 1.9 1.9 0.2
Crude Oil Production 200.00
BBL/D/1K
201 201 201 201 201
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 66.50
percent
66 66 72 72 80
Government Budget -3.50
percent of GDP
0.5 -2.5 -1.82 -1.81 -2
Military Expenditure 288.50
USD Million
285 304 297 290 210
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 1754.73
KBps
1760 1770 1764 1765 1765
IP Addresses 56677.00
IP
47302 52708 57971 56622 67506
Ease of Doing Business 167.00
166 166 165 163 164
Corruption Index 32.00
Points
32 32 32 32 32
Corruption Rank 117.00
115 120 118 116 113
Competitiveness Index 3.79
Points
3.77 3.77 3.77 3.77 3.77
Competitiveness Rank 108.00
105 105 105 106 107
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 35.00
percent
35 35 35 35 35
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 18.50
percent
18.5 18.5 19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 129.03
mm
48.52 240 172 152 155
Temperature 25.37
celsius
23.09 24.48 25.18 24.86 24.86