Annual growth of imports of goods and services in Gabon
Gabon: Annual growth of imports of goods and services was 1.3% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Gabon, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Gabon stood at 1.3%.
Compared with earlier readings it is up 159.4% on the previous year and down 83.5% over ten years.
Over the whole period, annual growth of imports of goods and services in Gabon peaked at 51.2% in 2018 and was at its lowest, -16.5%, in 2000.
That places Gabon 120th out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Gabon, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -16.5% | — |
| 2001 | 0.4% | -102.4% |
| 2002 | 8.2% | +1994.9% |
| 2003 | -10.7% | -230.5% |
| 2004 | 2.7% | -125.2% |
| 2005 | 9.3% | +245.0% |
| 2006 | 17.2% | +85.1% |
| 2007 | 3.6% | -79.0% |
| 2008 | 12.5% | +246.5% |
| 2009 | 0.1% | -99.0% |
| 2010 | 31.6% | +24200.0% |
| 2011 | 12.5% | -60.4% |
| 2012 | 9.2% | -26.8% |
| 2013 | 2.5% | -72.1% |
| 2014 | 7.9% | +208.6% |
| 2015 | -10.7% | -236.3% |
| 2016 | -6.5% | -39.0% |
| 2017 | -7.3% | +11.1% |
| 2018 | 51.2% | -803.8% |
| 2019 | 25.4% | -50.3% |
| 2020 | -6.0% | -123.6% |
| 2021 | 17.4% | -388.9% |
| 2022 | 17.9% | +3.2% |
| 2023 | -2.2% | -112.2% |
| 2024 | 1.3% | -159.4% |
Gabon compared with similar countries
- Gabon's 1.3% is below the median for upper middle income countries, which is 5.5%, 24% of the median. (48 countries reporting)
- Gabon's 1.3% is below the median for Sub-Saharan Africa, which is 7.0%, 18% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services 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 |
|---|---|---|---|
| 2010 | +24200.0% | 0.1% | 31.6% |
| 2002 | +1994.9% | 0.4% | 8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | -16.5% | 17.2% | 10 |
| 2010s | 11.6% | -10.7% | 51.2% | 10 |
| 2020s | 5.7% | -6.0% | 17.9% | 5 |
Countries ranked near Gabon
More economy & growth data for Gabon
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8121 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.63 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -33.78 million BoP, current US$ (2019)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.002 BoP, current US$ per US$ of GDP (2019)
- Foreign direct investment, net outflows (BoP, current US$), per capita -14.9 BoP, current US$ per person (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.14 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -0.5362 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0548 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 450.8 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -55.87 % change on previous year (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Gabon?
- Annual growth of imports of goods and services in Gabon was 1.3% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Gabon?
- The highest recorded value was 51.2% in 2018.
- What is the lowest annual growth of imports of goods and services recorded in Gabon?
- The lowest recorded value was -16.5% in 2000.
- How does Gabon rank for annual growth of imports of goods and services?
- Gabon ranks 120th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Gabon?
- Over the last ten years it is down 83.5%. The long-run trend across the full record is volatile.
- Where does this Gabon data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).