Financial and insurance activities (banking), value added in Gabon
Gabon: Financial and insurance activities (banking), value added was 21.40 billion current 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 current LCU.
Analysis
In 2006, financial and insurance activities (banking), value added in Gabon stood at 21.40 billion current LCU.
That represents a change of up 2.9% on the previous year and up 2.9% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Gabon peaked at 23.60 billion current LCU in 1997 and was at its lowest, 9.50 billion current LCU, in 1989.
That places Gabon 17th out of 36 countries with data for 2006, putting it 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 | current LCU | Change |
|---|---|---|
| 1989 | 9.50 billion current LCU | — |
| 1990 | 10.80 billion current LCU | +13.7% |
| 1991 | 11.80 billion current LCU | +9.3% |
| 1992 | 11.20 billion current LCU | -5.1% |
| 1993 | 11.20 billion current LCU | +0.0% |
| 1994 | 14.80 billion current LCU | +32.1% |
| 1995 | 11.90 billion current LCU | -19.6% |
| 1996 | 20.80 billion current LCU | +74.8% |
| 1997 | 23.60 billion current LCU | +13.5% |
| 1998 | 19.10 billion current LCU | -19.1% |
| 1999 | 18.10 billion current LCU | -5.2% |
| 2000 | 18.60 billion current LCU | +2.8% |
| 2001 | 19.10 billion current LCU | +2.7% |
| 2002 | 20.30 billion current LCU | +6.3% |
| 2003 | 21.30 billion current LCU | +4.9% |
| 2004 | 20.20 billion current LCU | -5.2% |
| 2005 | 20.80 billion current LCU | +3.0% |
| 2006 | 21.40 billion current LCU | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.50 billion current LCU | 9.50 billion current LCU | 9.50 billion current LCU | 1 |
| 1990s | 15.33 billion current LCU | 10.80 billion current LCU | 23.60 billion current LCU | 10 |
| 2000s | 20.24 billion current LCU | 18.60 billion current LCU | 21.40 billion current 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 domestic savings (current US$), annual growth rate -7.17 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.5092 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 4,207 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -10.9 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 296.31 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 2.45 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 5.09 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9794 current 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 21.40 billion current 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 23.60 billion current LCU in 1997.
- What is the lowest financial and insurance activities (banking), value added recorded in Gabon?
- The lowest recorded value was 9.50 billion current LCU in 1989.
- How does Gabon rank for financial and insurance activities (banking), value added?
- Gabon ranks 17th out of 36 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 2.9%. 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 (current 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 current local currency.