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Gabon

Gabonese Republic

French Central African CFA (XAF) French civil law
AU, ECCAS, CEMAC, OPEC, AfCFTA, WTO

Gabon is a high-income African economy (by GDP per capita) driven by oil and gas, manganese mining (world's second-largest producer via COMILOG/Eramet), and forestry. Oil production has declined from peak levels but remains the economic backbone. Following the August 2023 military takeover, the transitional government has pledged democratic elections. Gabon's relatively small population (2.3 million) and significant resource wealth provide high per-capita income by African standards. The Libreville Special Economic Zone targets manufacturing and agro-processing. Challenges include economic diversification, governance reform, and infrastructure development outside Libreville.

Snapshot

Population~2.6 MWorld Bank, 2025
GDP (current USD)$21.4 BWorld Bank, 2025
GDP per Capita$8,263World Bank, 2025
GDP Growth2.47%World Bank, 2025
Inflation (y/y)~1.77%World Bank, 2025
Policy Rate5.00%Central Bank
Unemployment20.15%World Bank, ILO modelled estimate, 2025
Internet Use~68.72%World Bank, 2024
Electrification~92.00%World Bank WDI
CPI Score (Rank)29.0/100 (#136)Transparency Intl
HDI (Rank)0.706 (#112)UNDP HDR

World Bank Indicators Compare with another country

GDP (current USD)$21.4 BWorld Bank, 2025
GDP growth (annual)2.47%World Bank, 2025
GDP per capita (USD)$8,263World Bank, 2025
Population, total2.6 MWorld Bank, 2025
FDI net inflows (USD)$1.1 BWorld Bank, 2024
Inflation (consumer prices)1.77%World Bank, 2025
Unemployment (% labour force)20.15%World Bank, 2025
Internet use (% of people)68.72%World Bank, 2024
Trade (% of GDP)84.89%World Bank, 2025

Country Facts

CapitalLibreville
RegionCentral Africa
CurrencyCentral African CFA (XAF)
FX RegimeFixed peg to EUR via CFA franc
Legal SystemFrench civil law
Time ZoneAfrica/Libreville

Focus Sectors

Oil & Gas
Manganese Mining
Forestry (timber)
Agriculture
Telecoms
Construction
Financial Services
Port Services
Eco-Tourism

Regulations & Taxes

Corporate Income Tax30% standard (oil companies: variable)
VAT / Sales Tax18% standard