Gabon Government Budget

Gabon recorded a Government Budget surplus equal to 8.50 percent of the countrys Gross Domestic Product in 2012. Government Budget in Gabon is reported by the Direction Générale des Statistiques du Gabon. From 2002 until 2012, Gabon Government Budget averaged 7.5 Percent of GDP reaching an all time high of 11.5 Percent of GDP in December of 2008 and a record low of 3.5 Percent of GDP in December of 2002. 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. This page provides - Gabon Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.50 7.40 11.50 3.50 10.97 | 2014/06 2002 - 2012 Percent of GDP Yearly

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Gabon Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Budget 8.50 2012-12-31 7.40 11.50 3.50 10.97 2014-06-30 Percent of GDP [+]
Government Debt To Gdp 13.80 2011-12-31 16.50 55.50 13.80 7.39 2014-06-30 Percent [+]
Credit Rating 40.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Gabon Gold Reserves at 0.00 Tonnes  
Gold Reserves in Gabon remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Gabon is reported by the World Gold Council.
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 250.00 Thousands Barrels per Day  
Crude Oil Production in Gabon remained unchanged at 250 Thousands Barrels per Day in December of 2013 from 250 Thousands Barrels per Day in November 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.
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