Subsidies in Gabon
Gabon: Subsidies was 108.39 billion GFS, current LCU in 2008. ◆ Volatile
Subsidies in Gabon, 1984–2008
Source: World Bank country economists. Measured in GFS, current LCU.
Analysis
The most recent figure for subsidies in Gabon is 108.39 billion GFS, current LCU, measured in 2008.
Compared with earlier readings it is up 40.8% on the previous year and up 240.4% over five years.
Over the whole period, subsidies in Gabon peaked at 120.90 billion GFS, current LCU in 2006 and was at its lowest, 0 GFS, current LCU, in 1984.
That places Gabon 9th out of 47 countries with data for 2008, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 GFS, current LCU | 0 GFS, current LCU | 0 GFS, current LCU | 6 |
| 1990s | 0 GFS, current LCU | 0 GFS, current LCU | 0 GFS, current LCU | 10 |
| 2000s | 53.58 billion GFS, current LCU | 0 GFS, current LCU | 120.90 billion GFS, current LCU | 9 |
Countries ranked near Gabon
- 6 Cameroon 229.74 billion GFS, current LCU compare
- 7 Rwanda 223.22 billion GFS, current LCU compare
- 8 Burkina Faso 219.28 billion GFS, current LCU compare
- 10 Togo 74.78 billion GFS, current LCU compare
- 11 Mauritania 71.70 billion GFS, current LCU compare
- 12 Egypt 67.34 billion GFS, current LCU compare
More science & technology data for Gabon
- Scientific and technical journal articles 90.57 (2023)
- Mobile phone subscriptions 3.18 million (2024)
- Mobile phone subscriptions per 100 people 125.34 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 125.34 per 100 people (2024)
- Share of the population using the Internet 68.7% (2024)
- Number of people using the Internet 1.56 million users (2021)
- Landline Internet subscriptions per 100 people 4.69 per 100 people (2024)
- Landline Internet subscriptions 119,181 (2024)
- Landline Internet subscriptions per 100 people, by download speed 3.97 per 100 population (2023)
- Net official development assistance to medical research and basic health sectors 13.89 million millions of constant united states dollars (2023)
Frequently asked questions
- What is subsidies in Gabon?
- Subsidies in Gabon was 108.39 billion GFS, current LCU in 2008, according to World Bank country economists.
- What is the highest subsidies recorded in Gabon?
- The highest recorded value was 120.90 billion GFS, current LCU in 2006.
- What is the lowest subsidies recorded in Gabon?
- The lowest recorded value was 0 GFS, current LCU in 1984.
- How does Gabon rank for subsidies?
- Gabon ranks 9th out of 47 countries with data for 2008.
- Where does this Gabon data come from?
- The figures come from World Bank country economists, published as part of Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.