External debt, end year in Gabon
Gabon: External debt, end year was 2.09 billion current US$ in 2008. ▲ Rising
External debt, end year in Gabon, 1988–2008
Source: World Bank country economists. Measured in current US$.
Analysis
In 2008, external debt, end year in Gabon stood at 2.09 billion current US$. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 51.5% on the previous year and down 48.1% over ten years.
Over the whole period, external debt, end year in Gabon peaked at 4.40 billion current US$ in 1999 and was at its lowest, 2.09 billion current US$, in 2008.
That places Gabon 21st out of 42 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
External debt, end year in Gabon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1988 | 2.40 billion current US$ | — |
| 1989 | 2.70 billion current US$ | +12.5% |
| 1990 | 3.12 billion current US$ | +15.8% |
| 1991 | 3.14 billion current US$ | +0.7% |
| 1992 | 2.86 billion current US$ | -8.9% |
| 1993 | 3.14 billion current US$ | +9.8% |
| 1994 | 3.53 billion current US$ | +12.5% |
| 1995 | 3.61 billion current US$ | +2.1% |
| 1996 | 4.02 billion current US$ | +11.6% |
| 1997 | 4.27 billion current US$ | +6.1% |
| 1998 | 4.03 billion current US$ | -5.5% |
| 1999 | 4.40 billion current US$ | +9.1% |
| 2000 | 3.71 billion current US$ | -15.6% |
| 2001 | 3.50 billion current US$ | -5.7% |
| 2002 | 3.10 billion current US$ | -11.3% |
| 2003 | 3.74 billion current US$ | +20.6% |
| 2004 | 4.01 billion current US$ | +7.3% |
| 2005 | 3.48 billion current US$ | -13.2% |
| 2006 | 3.20 billion current US$ | -8.1% |
| 2007 | 4.32 billion current US$ | +34.9% |
| 2008 | 2.09 billion current US$ | -51.5% |
Gabon compared with similar countries
- Gabon's 2.09 billion current US$ is above the median for upper middle income countries, which is 2.09 billion current US$, 1.0× the median. (7 countries reporting)
- Gabon's 2.09 billion current US$ is above the median for Sub-Saharan Africa, which is 1.39 billion current US$, 1.5× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.55 billion current US$ | 2.40 billion current US$ | 2.70 billion current US$ | 2 |
| 1990s | 3.61 billion current US$ | 2.86 billion current US$ | 4.40 billion current US$ | 10 |
| 2000s | 3.46 billion current US$ | 2.09 billion current US$ | 4.32 billion current US$ | 9 |
Countries ranked near Gabon
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 debt, end year in Gabon?
- External debt, end year in Gabon was 2.09 billion current US$ in 2008, according to World Bank country economists.
- What is the highest external debt, end year recorded in Gabon?
- The highest recorded value was 4.40 billion current US$ in 1999.
- What is the lowest external debt, end year recorded in Gabon?
- The lowest recorded value was 2.09 billion current US$ in 2008.
- How does Gabon rank for external debt, end year?
- Gabon ranks 21st out of 42 countries with data for 2008.
- Is external debt, end year rising or falling in Gabon?
- Over the last ten years it is down 48.1%. The long-run trend across the full record is rising.
- Where does this Gabon data come from?
- The figures come from World Bank country economists, published as part of External debt, end year (current US$). Statizoid updates them automatically from the source API.
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About this data
Foreign debt consists of the outstanding stock or recognized, direct liabilities of the government to the rest of the world, generated in the past and scheduled to be extinguished by government operations in the future or to continue as perpetual debt. Data are in current U.S. dollars.