Gabon

Gabon Economic Outlook

Economic growth continued despite the fall in oil prices, reaching 2.1% in 2016; however, it was estimated at less than 1% in 2017. In January 2017, authorities approved an economic revitalization plan to address the current economic crisis by containing macroeconomic and budgetary imbalances and stimulating growth. To tackle the economic shock that Gabon has been experiencing since 2014, the government has committed to revitalization measures, including implementing budgetary adjustments, developing infrastructure, and promoting the private sector as a driver of economic diversification and transformation.

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Key Facts

Flag:
Capital: Libreville
Area: 267,667 sq km
Total Population 2017: 1.8 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 16.2 Billion
GNI Per Capita 2015: US$ 9,210
Inflation Rate: 2.49%
Crude Birth Rate (per 1000): 28.70%
Human Development Index (rank / 188): 109
Human Development Index (scale 0 to 1): 0.697
Membership Date: 31/9/1972
Cumulative Approvals (1967-2016): UA 1.5 Billion

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Contacts

Bureau National du Gabon

Groupe de la Banque africaine de développement
Résidence Saint Georges, Quartier Kalikak
B.P. 4075
Libreville, Gabon

Tel : +(241) 01442952 /(241) 01442953
Fax : +(241) 01442951

M. Ali Lamine Zeine, Représentant Résident

Department Central Africa Region

Mr. Ousmane Dore, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51

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