Government Budget in Gabon increased to 1.40 percent of GDP in 2019 from -0.20 percent of GDP in 2018. source: Direction Générale des Statistiques du Gabon

Government Budget in Gabon averaged 1.61 percent of GDP from 1990 until 2019, reaching an all time high of 10.87 percent of GDP in 2008 and a record low of -12.65 percent of GDP in 1998. This page provides - Gabon Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gabon Government Budget - values, historical data and charts - was last updated on July of 2021.

Government Budget in Gabon is expected to reach -3.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gabon Government Budget is projected to trend around -2.00 percent of GDP in 2022 and -1.80 percent of GDP in 2023, according to our econometric models.

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Gabon Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-5.00 1.40 10.87 -12.65 1990 - 2020 percent of GDP Yearly

Gabon Government Last Previous Highest Lowest Unit
Government Debt to GDP 72.50 59.50 90.10 20.10 percent of GDP [+]
Government Budget -5.00 1.40 10.87 -12.65 percent of GDP [+]
Military Expenditure 259.00 267.00 288.00 13.50 USD Million [+]
Credit Rating 23.00 [+]


Gabon Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.