Total government debt in Gabon
Gabon: Total government debt was 1.57 trillion current LCU in 2008. ▲ Rising
Total government debt in Gabon, 1990–2008
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for total government debt in Gabon is 1.57 trillion current LCU, measured in 2008.
Compared with earlier readings it is down 36.2% on the previous year and down 40.0% over ten years.
Over the whole period, total government debt in Gabon peaked at 2.61 trillion current LCU in 1998 and was at its lowest, 787.61 billion current LCU, in 1992.
That places Gabon 14th out of 44 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Total government debt in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 976.60 billion current LCU | — |
| 1991 | 813.65 billion current LCU | -16.7% |
| 1992 | 787.61 billion current LCU | -3.2% |
| 1993 | 925.70 billion current LCU | +17.5% |
| 1994 | 1.89 trillion current LCU | +104.0% |
| 1995 | 1.88 trillion current LCU | -0.5% |
| 1996 | 2.04 trillion current LCU | +8.7% |
| 1997 | 2.17 trillion current LCU | +6.2% |
| 1998 | 2.61 trillion current LCU | +20.6% |
| 1999 | 2.60 trillion current LCU | -0.7% |
| 2000 | 2.48 trillion current LCU | -4.4% |
| 2001 | 2.41 trillion current LCU | -3.0% |
| 2002 | 2.28 trillion current LCU | -5.2% |
| 2003 | 2.27 trillion current LCU | -0.4% |
| 2004 | 2.22 trillion current LCU | -2.4% |
| 2005 | 2.18 trillion current LCU | -1.8% |
| 2006 | 2.18 trillion current LCU | -0.1% |
| 2007 | 2.46 trillion current LCU | +13.0% |
| 2008 | 1.57 trillion current LCU | -36.2% |
Gabon compared with similar countries
- Gabon's 1.57 trillion current LCU is above the median for upper middle income countries, which is 859.76 billion current LCU, 1.8× the median. (6 countries reporting)
- Gabon's 1.57 trillion current LCU is above the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 3.0× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Total government debt 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 | +104.0% | 925.70 billion current LCU | 1.89 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.67 trillion current LCU | 787.61 billion current LCU | 2.61 trillion current LCU | 10 |
| 2000s | 2.23 trillion current LCU | 1.57 trillion current LCU | 2.48 trillion current LCU | 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 total government debt in Gabon?
- Total government debt in Gabon was 1.57 trillion current LCU in 2008, according to World Bank country economists.
- What is the highest total government debt recorded in Gabon?
- The highest recorded value was 2.61 trillion current LCU in 1998.
- What is the lowest total government debt recorded in Gabon?
- The lowest recorded value was 787.61 billion current LCU in 1992.
- How does Gabon rank for total government debt?
- Gabon ranks 14th out of 44 countries with data for 2008.
- Is total government debt rising or falling in Gabon?
- Over the last ten years it is down 40.0%. 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 Total government debt (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.