Gabon GDP

The Gross Domestic Product (GDP) in Gabon was worth 17.05 billion US dollars in 2011. The GDP value of Gabon represents 0.03 percent of the world economy. GDP in Gabon is reported by the World Bank. From 1960 until 2012, Gabon GDP averaged 4.5 USD Billion reaching an all time high of 18.7 USD Billion in December of 2012 and a record low of 0.1 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Gabon GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
18.66 17.05 18.66 0.14 22.50 | 2014/06 1960 - 2012 USD Billion Yearly

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Gabon GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 18.66 2012-12-31 17.05 18.66 0.14 22.50 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 6.10 2012-12-31 7.10 7.10 -11.30 6.49 2014-06-30 Percent [+]
GDP per capita 6734.56 2012-12-31 6500.83 12451.72 2790.92 6797.29 2014-06-30 USD [+]
GDP per capita PPP 13863.56 2012-12-31 13382.41 16689.56 12299.33 13992.69 2014-06-30 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Gabon Inflation Rate at 3.26 Percent  
The inflation rate in Gabon was recorded at 3.26 percent in December of 2013. Inflation Rate in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Crude Oil Production at 249.00 Thousands Barrels per Day  
Crude Oil Production in Gabon increased to 249 Thousands Barrels per Day in October of 2013 from 247 Thousands Barrels per Day in September of 2013. Crude Oil Production in Gabon is reported by the U.S. Energy Information Administration.
Gabon Interest Rate at 3.25 Percent  
The benchmark interest rate in Gabon was last recorded at 3.25 percent. Interest Rate in Gabon is reported by the Bank of Central African States.
Gabon Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Gabon stands at 35 percent. Personal Income Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Gabon stands at 35 percent. Corporate Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Gabon stands at 18 percent. Sales Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Current Account to GDP at 10.40 Percent  
Gabon recorded a Current Account surplus of 10.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Balance of Trade at 3711.95 FCFA Million  
Gabon recorded a trade surplus of 3711.95 FCFA Million in 2013. Balance of Trade in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Imports at 2456.08 FCFA Million  
Imports in Gabon increased to 2456.08 FCFA Million in 2013 from 2257.42 FCFA Million in 2012. Imports in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Exports at 6168.03 FCFA Million  
Exports in Gabon increased to 6168.03 FCFA Million in 2013 from 5829.90 FCFA Million in 2012. Exports in Gabon is reported by the Direction Générale des Statistiques du Gabon.
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