Current budget balance, including grants in Gabon
Gabon: Current budget balance, including grants was 1.13 trillion current LCU in 2011. ◆ Volatile
Current budget balance, including grants in Gabon, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, current budget balance, including grants in Gabon stood at 1.13 trillion current LCU.
The figure is up 31.8% on the previous year and up 260.1% over ten years.
Over the whole period, current budget balance, including grants in Gabon peaked at 1.17 trillion current LCU in 2008 and was at its lowest, -149.20 billion current LCU, in 1990.
That places Gabon 10th out of 51 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current budget balance, including grants in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 346.20 billion current LCU | — |
| 1985 | 370.00 billion current LCU | +6.9% |
| 1986 | 208.60 billion current LCU | -43.6% |
| 1987 | -300.01 million current LCU | -100.1% |
| 1988 | -30.10 billion current LCU | +9933.0% |
| 1989 | -24.10 billion current LCU | -19.9% |
| 1990 | -149.20 billion current LCU | +519.1% |
| 1991 | 46.84 billion current LCU | -131.4% |
| 1992 | 1.77 billion current LCU | -96.2% |
| 1993 | -9.61 billion current LCU | -642.8% |
| 1994 | 93.33 billion current LCU | -1071.4% |
| 1995 | 205.67 billion current LCU | +120.4% |
| 1996 | 219.91 billion current LCU | +6.9% |
| 1997 | 396.20 billion current LCU | +80.2% |
| 1998 | -6.56 billion current LCU | -101.7% |
| 1999 | 152.96 billion current LCU | -2431.6% |
| 2000 | 532.79 billion current LCU | +248.3% |
| 2001 | 313.23 billion current LCU | -41.2% |
| 2002 | 402.52 billion current LCU | +28.5% |
| 2003 | 436.76 billion current LCU | +8.5% |
| 2004 | 485.82 billion current LCU | +11.2% |
| 2005 | 644.84 billion current LCU | +32.7% |
| 2006 | 755.06 billion current LCU | +17.1% |
| 2007 | 798.73 billion current LCU | +5.8% |
| 2008 | 1.17 trillion current LCU | +46.6% |
| 2009 | 770.95 billion current LCU | -34.2% |
| 2010 | 855.90 billion current LCU | +11.0% |
| 2011 | 1.13 trillion current LCU | +31.8% |
Gabon compared with similar countries
- Gabon's 1.13 trillion current LCU is above the median for upper middle income countries, which is 3.67 billion current LCU, 307.8× the median. (7 countries reporting)
- Gabon's 1.13 trillion current LCU is above the median for Sub-Saharan Africa, which is 55.60 billion current LCU, 20.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Current budget balance, including grants in Gabon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | -9933.0% | -300.01 million current LCU | -30.10 billion current LCU |
| 1999 | +2431.6% | -6.56 billion current LCU | 152.96 billion current LCU |
| 1994 | +1071.4% | -9.61 billion current LCU | 93.33 billion current LCU |
| 1993 | -642.8% | 1.77 billion current LCU | -9.61 billion current LCU |
| 1990 | -519.1% | -24.10 billion current LCU | -149.20 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 145.05 billion current LCU | -30.10 billion current LCU | 370.00 billion current LCU | 6 |
| 1990s | 95.13 billion current LCU | -149.20 billion current LCU | 396.20 billion current LCU | 10 |
| 2000s | 631.16 billion current LCU | 313.23 billion current LCU | 1.17 trillion current LCU | 10 |
| 2010s | 991.94 billion current LCU | 855.90 billion current LCU | 1.13 trillion current LCU | 2 |
Countries ranked near Gabon
- 7 Democratic Republic of Congo 1.75 trillion current LCU compare
- 8 Equatorial Guinea 1.59 trillion current LCU compare
- 9 Sierra Leone 1.47 trillion current LCU compare
- 11 Uganda 980.98 billion current LCU compare
- 12 Madagascar 777.26 billion current LCU compare
- 13 Cameroon 482.00 billion current LCU compare
More science & technology data for Gabon
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 125.34 (2024)
- Mobile cellular subscriptions by country, per capita 1.25 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 3.18 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 11.82 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 2.23 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 4.46 % change on previous year (2024)
- Scientific and technical journal articles 90.57 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is current budget balance, including grants in Gabon?
- Current budget balance, including grants in Gabon was 1.13 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest current budget balance, including grants recorded in Gabon?
- The highest recorded value was 1.17 trillion current LCU in 2008.
- What is the lowest current budget balance, including grants recorded in Gabon?
- The lowest recorded value was -149.20 billion current LCU in 1990.
- How does Gabon rank for current budget balance, including grants?
- Gabon ranks 10th out of 51 countries with data for 2011.
- Is current budget balance, including grants rising or falling in Gabon?
- Over the last ten years it is up 260.1%. The long-run trend across the full record is volatile.
- Where does this Gabon data come from?
- The figures come from World Bank country economists, published as part of Current budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
The excess of current revenue over current expenditure. data are in current local currencies.