External borrowing, net in Gabon
Gabon: External borrowing, net was 243.69 billion current LCU in 2007. ◆ Volatile
External borrowing, net in Gabon, 1985–2007
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2007, external borrowing, net in Gabon stood at 243.69 billion current LCU.
Compared with earlier readings it is up 245.1% on the previous year and up 6,193.3% over ten years.
Over the whole period, external borrowing, net in Gabon peaked at 377.25 billion current LCU in 1994 and was at its lowest, -213.09 billion current LCU, in 2001.
Gabon ranks 10th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1985 | 38.90 billion current LCU | — |
| 1986 | 97.10 billion current LCU | +149.6% |
| 1987 | 76.50 billion current LCU | -21.2% |
| 1988 | 88.50 billion current LCU | +15.7% |
| 1989 | 101.30 billion current LCU | +14.5% |
| 1990 | -49.80 billion current LCU | -149.2% |
| 1991 | -22.94 billion current LCU | -53.9% |
| 1992 | -37.19 billion current LCU | +62.1% |
| 1993 | 8.82 billion current LCU | -123.7% |
| 1994 | 377.25 billion current LCU | +4176.9% |
| 1995 | 64.37 billion current LCU | -82.9% |
| 1996 | 72.07 billion current LCU | +12.0% |
| 1997 | -4.00 billion current LCU | -105.5% |
| 1998 | -14.23 billion current LCU | +255.8% |
| 1999 | -5.12 billion current LCU | -64.1% |
| 2000 | 160.24 billion current LCU | -3232.4% |
| 2001 | -213.09 billion current LCU | -233.0% |
| 2002 | -76.93 billion current LCU | -63.9% |
| 2003 | -130.67 billion current LCU | +69.9% |
| 2004 | 91.27 billion current LCU | -169.8% |
| 2005 | -92.40 billion current LCU | -201.2% |
| 2006 | -167.89 billion current LCU | +81.7% |
| 2007 | 243.69 billion current LCU | -245.1% |
Gabon compared with similar countries
- Gabon's 243.69 billion current LCU is above the median for upper middle income countries, which is 5.82 billion current LCU, 41.9× the median. (7 countries reporting)
- Gabon's 243.69 billion current LCU is above the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 25.9× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net 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 |
|---|---|---|---|
| 1994 | +4176.9% | 8.82 billion current LCU | 377.25 billion current LCU |
| 2000 | +3232.4% | -5.12 billion current LCU | 160.24 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 80.46 billion current LCU | 38.90 billion current LCU | 101.30 billion current LCU | 5 |
| 1990s | 38.92 billion current LCU | -49.80 billion current LCU | 377.25 billion current LCU | 10 |
| 2000s | -23.22 billion current LCU | -213.09 billion current LCU | 243.69 billion current LCU | 8 |
Countries ranked near Gabon
- 7 Sao Tome and Principe 460.64 billion current LCU compare
- 8 Madagascar 387.78 billion current LCU compare
- 9 Senegal 316.61 billion current LCU compare
- 11 Chad 187.30 billion current LCU compare
- 12 Rwanda 133.18 billion current LCU compare
- 13 South Africa 111.84 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 external borrowing, net in Gabon?
- External borrowing, net in Gabon was 243.69 billion current LCU in 2007, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Gabon?
- The highest recorded value was 377.25 billion current LCU in 1994.
- What is the lowest external borrowing, net recorded in Gabon?
- The lowest recorded value was -213.09 billion current LCU in 2001.
- How does Gabon rank for external borrowing, net?
- Gabon ranks 10th out of 50 countries with data for 2007.
- Is external borrowing, net rising or falling in Gabon?
- Over the last ten years it is up 6,193.3%. 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 External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.