Current account balance (credit less debit), Net (credits less debits) in Gabon
Gabon: Current account balance (credit less debit), Net (credits less debits) was 141.00 million in 2015. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Gabon, 2005–2015
Source: International Monetary Fund.
Analysis
In 2015, current account balance (credit less debit), net (credits less debits) in Gabon stood at 141.00 million. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 87.3% on the previous year and down 92.9% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Gabon peaked at 3.83 billion in 2008 and was at its lowest, 141.00 million, in 2015.
That places Gabon 71st out of 198 countries with data for 2015, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Gabon, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.98 billion | — |
| 2007 | 2.75 billion | +38.6% |
| 2008 | 3.83 billion | +39.4% |
| 2009 | 804.09 million | -79.0% |
| 2010 | 2.45 billion | +205.1% |
| 2011 | 2.60 billion | +6.2% |
| 2012 | 1.98 billion | -24.1% |
| 2013 | 1.46 billion | -26.0% |
| 2014 | 1.11 billion | -24.0% |
| 2015 | 141.00 million | -87.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.34 billion | 804.09 million | 3.83 billion | 4 |
| 2010s | 1.63 billion | 141.00 million | 2.60 billion | 6 |
Countries ranked near Gabon
- 68 Aruba 194.50 million compare
- 69 Faroe Islands 194.30 million compare
- 70 Turks and Caicos Islands 172.71 million
- 72 Anguilla 130.77 million compare
- 73 Cape Verde 106.59 million compare
- 74 Lesotho 81.42 million compare
More financial sector data for Gabon
- Net domestic credit (current LCU), per capita 1.06 million current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 142.6 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 9.99 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 0 SDR (2018)
- Gold reserves at market value 0 SDR (2018)
- Reserves excluding gold, foreign exchange 367.24 million SDR (2024)
- Reserves excluding gold 489.82 million SDR (2024)
- Total reserves (gold at market value) 489.82 million SDR (2024)
- Total reserves (gold at national valuation) 515.60 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 203.08 SDR per person (2024)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Gabon?
- Current account balance (credit less debit), net (credits less debits) in Gabon was 141.00 million in 2015, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Gabon?
- The highest recorded value was 3.83 billion in 2008.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Gabon?
- The lowest recorded value was 141.00 million in 2015.
- How does Gabon rank for current account balance (credit less debit), net (credits less debits)?
- Gabon ranks 71st out of 198 countries with data for 2015.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Gabon?
- Over the last ten years it is down 92.9%. The long-run trend across the full record is volatile.
- Where does this Gabon data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.