Financial and insurance activities (banking), value added in Gabon
Gabon: Financial and insurance activities (banking), value added was 24.20 billion constant LCU in 2006. ▲ Rising
Financial and insurance activities (banking), value added in Gabon, 1989–2006
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
Gabon recorded 24.20 billion constant LCU for financial and insurance activities (banking), value added in 2006. That is the highest value across all 18 years on record.
That represents a change of up 5.2% on the previous year and up 33.7% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Gabon peaked at 24.20 billion constant LCU in 2006 and was at its lowest, 9.50 billion constant LCU, in 1989.
Gabon ranks 11th of 31 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Financial and insurance activities (banking), value added in Gabon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1989 | 9.50 billion constant LCU | — |
| 1990 | 11.00 billion constant LCU | +15.8% |
| 1991 | 11.80 billion constant LCU | +7.3% |
| 1992 | 10.70 billion constant LCU | -9.3% |
| 1993 | 10.60 billion constant LCU | -0.9% |
| 1994 | 15.00 billion constant LCU | +41.5% |
| 1995 | 13.70 billion constant LCU | -8.7% |
| 1996 | 18.10 billion constant LCU | +32.1% |
| 1997 | 21.40 billion constant LCU | +18.2% |
| 1998 | 18.80 billion constant LCU | -12.1% |
| 1999 | 20.80 billion constant LCU | +10.6% |
| 2000 | 21.20 billion constant LCU | +1.9% |
| 2001 | 21.70 billion constant LCU | +2.4% |
| 2002 | 23.00 billion constant LCU | +6.0% |
| 2003 | 23.60 billion constant LCU | +2.6% |
| 2004 | 22.30 billion constant LCU | -5.5% |
| 2005 | 23.00 billion constant LCU | +3.1% |
| 2006 | 24.20 billion constant LCU | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.50 billion constant LCU | 9.50 billion constant LCU | 9.50 billion constant LCU | 1 |
| 1990s | 15.19 billion constant LCU | 10.60 billion constant LCU | 21.40 billion constant LCU | 10 |
| 2000s | 22.71 billion constant LCU | 21.20 billion constant LCU | 24.20 billion constant LCU | 7 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9628 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 7,956 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -1.59 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 560.29 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 4.63 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7592 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Gabon?
- Financial and insurance activities (banking), value added in Gabon was 24.20 billion constant LCU in 2006, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Gabon?
- The highest recorded value was 24.20 billion constant LCU in 2006.
- What is the lowest financial and insurance activities (banking), value added recorded in Gabon?
- The lowest recorded value was 9.50 billion constant LCU in 1989.
- How does Gabon rank for financial and insurance activities (banking), value added?
- Gabon ranks 11th out of 31 countries with data for 2006.
- Is financial and insurance activities (banking), value added rising or falling in Gabon?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is rising.
- Where does this Gabon data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.