Gross savings in Gabon
Gabon: Gross savings was 5.52 billion current US$ in 2015. ◆ Volatile
Gross savings in Gabon, 1978–2015
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Gabon recorded 5.52 billion current US$ for gross savings in 2015.
The figure is down 28.5% on the previous year and up 29.1% over ten years.
Over the whole period, gross savings in Gabon peaked at 7.97 billion current US$ in 2011 and was at its lowest, 415.99 million current US$, in 1987.
That places Gabon 111th out of 178 countries with data for 2015, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Gabon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1978 | 921.98 million current US$ | — |
| 1979 | 1.16 billion current US$ | +25.5% |
| 1980 | 2.05 billion current US$ | +76.9% |
| 1981 | 1.89 billion current US$ | -7.8% |
| 1982 | 1.69 billion current US$ | -10.5% |
| 1983 | 1.41 billion current US$ | -16.4% |
| 1984 | 1.56 billion current US$ | +10.2% |
| 1985 | 1.24 billion current US$ | -20.3% |
| 1986 | 520.49 million current US$ | -58.0% |
| 1987 | 415.99 million current US$ | -20.1% |
| 1988 | 820.99 million current US$ | +97.4% |
| 1989 | 933.27 million current US$ | +13.7% |
| 1990 | 1.44 billion current US$ | +54.7% |
| 1991 | 1.55 billion current US$ | +7.7% |
| 1992 | 1.08 billion current US$ | -30.5% |
| 1993 | 764.71 million current US$ | -29.2% |
| 1994 | 1.22 billion current US$ | +59.7% |
| 1995 | 1.62 billion current US$ | +32.7% |
| 1996 | 2.02 billion current US$ | +24.9% |
| 1997 | 2.21 billion current US$ | +9.0% |
| 1998 | 1.13 billion current US$ | -48.7% |
| 1999 | 1.51 billion current US$ | +33.1% |
| 2000 | 2.12 billion current US$ | +40.5% |
| 2001 | 1.70 billion current US$ | -19.7% |
| 2002 | 1.85 billion current US$ | +9.1% |
| 2003 | 2.13 billion current US$ | +15.0% |
| 2004 | 2.50 billion current US$ | +17.1% |
| 2005 | 4.28 billion current US$ | +71.3% |
| 2007 | 4.99 billion current US$ | +16.7% |
| 2008 | 6.91 billion current US$ | +38.5% |
| 2009 | 4.18 billion current US$ | -39.6% |
| 2010 | 5.92 billion current US$ | +41.6% |
| 2011 | 7.97 billion current US$ | +34.7% |
| 2012 | 7.54 billion current US$ | -5.4% |
| 2013 | 7.09 billion current US$ | -5.9% |
| 2014 | 7.72 billion current US$ | +8.8% |
| 2015 | 5.52 billion current US$ | -28.5% |
Gabon compared with similar countries
- Gabon's 5.52 billion current US$ is below the median for upper middle income countries, which is 17.82 billion current US$, 31% of the median. (49 countries reporting)
- Gabon's 5.52 billion current US$ is above the median for Sub-Saharan Africa, which is 3.44 billion current US$, 1.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.04 billion current US$ | 921.98 million current US$ | 1.16 billion current US$ | 2 |
| 1980s | 1.25 billion current US$ | 415.99 million current US$ | 2.05 billion current US$ | 10 |
| 1990s | 1.46 billion current US$ | 764.71 million current US$ | 2.21 billion current US$ | 10 |
| 2000s | 3.41 billion current US$ | 1.70 billion current US$ | 6.91 billion current US$ | 9 |
| 2010s | 6.96 billion current US$ | 5.52 billion current US$ | 7.97 billion current US$ | 6 |
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$), annual growth rate -55.87 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Gabon?
- Gross savings in Gabon was 5.52 billion current US$ in 2015, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Gabon?
- The highest recorded value was 7.97 billion current US$ in 2011.
- What is the lowest gross savings recorded in Gabon?
- The lowest recorded value was 415.99 million current US$ in 1987.
- How does Gabon rank for gross savings?
- Gabon ranks 111th out of 178 countries with data for 2015.
- Is gross savings rising or falling in Gabon?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is volatile.
- Where does this Gabon data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.