Mining and quarrying, value added in Gabon
Gabon: Mining and quarrying, value added was 4.63 trillion current LCU in 2011. ◆ Volatile
Mining and quarrying, value added in Gabon, 1965–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2011, mining and quarrying, value added in Gabon stood at 4.63 trillion current LCU. That is the highest value across all 47 years on record.
That represents a change of up 34.6% on the previous year and up 208.7% over ten years.
Over the whole period, mining and quarrying, value added in Gabon peaked at 4.63 trillion current LCU in 2011 and was at its lowest, 10.70 billion current LCU, in 1965.
That places Gabon 6th out of 50 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mining and quarrying, value added in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 10.70 billion current LCU | — |
| 1966 | 11.80 billion current LCU | +10.3% |
| 1967 | 13.60 billion current LCU | +15.3% |
| 1968 | 22.80 billion current LCU | +67.6% |
| 1969 | 26.60 billion current LCU | +16.7% |
| 1970 | 29.20 billion current LCU | +9.8% |
| 1971 | 34.40 billion current LCU | +17.8% |
| 1972 | 35.20 billion current LCU | +2.3% |
| 1973 | 49.70 billion current LCU | +41.2% |
| 1974 | 191.50 billion current LCU | +285.3% |
| 1975 | 212.60 billion current LCU | +11.0% |
| 1976 | 252.40 billion current LCU | +18.7% |
| 1977 | 277.80 billion current LCU | +10.1% |
| 1978 | 240.60 billion current LCU | -13.4% |
| 1979 | 316.80 billion current LCU | +31.7% |
| 1980 | 436.10 billion current LCU | +37.7% |
| 1981 | 485.40 billion current LCU | +11.3% |
| 1982 | 561.00 billion current LCU | +15.6% |
| 1983 | 574.40 billion current LCU | +2.4% |
| 1984 | 719.40 billion current LCU | +25.2% |
| 1985 | 706.08 billion current LCU | -1.9% |
| 1986 | 275.52 billion current LCU | -61.0% |
| 1987 | 292.17 billion current LCU | +6.0% |
| 1988 | 228.40 billion current LCU | -21.8% |
| 1989 | 381.20 billion current LCU | +66.9% |
| 1990 | 522.00 billion current LCU | +36.9% |
| 1991 | 491.30 billion current LCU | -5.9% |
| 1992 | 461.35 billion current LCU | -6.1% |
| 1993 | 499.83 billion current LCU | +8.3% |
| 1994 | 996.54 billion current LCU | +99.4% |
| 1995 | 1.06 trillion current LCU | +6.0% |
| 1996 | 1.36 trillion current LCU | +28.4% |
| 1997 | 1.34 trillion current LCU | -0.9% |
| 1998 | 804.60 billion current LCU | -40.1% |
| 1999 | 1.16 trillion current LCU | +43.7% |
| 2000 | 1.81 trillion current LCU | +56.4% |
| 2001 | 1.50 trillion current LCU | -17.1% |
| 2002 | 1.48 trillion current LCU | -1.3% |
| 2003 | 1.54 trillion current LCU | +4.3% |
| 2004 | 1.79 trillion current LCU | +16.2% |
| 2005 | 2.48 trillion current LCU | +38.2% |
| 2006 | 2.70 trillion current LCU | +8.6% |
| 2007 | 2.94 trillion current LCU | +9.3% |
| 2008 | 3.76 trillion current LCU | +27.8% |
| 2009 | 2.34 trillion current LCU | -37.9% |
| 2010 | 3.44 trillion current LCU | +47.1% |
| 2011 | 4.63 trillion current LCU | +34.6% |
Gabon compared with similar countries
- Gabon's 4.63 trillion current LCU is above the median for upper middle income countries, which is 260.38 billion current LCU, 17.8× the median. (7 countries reporting)
- Gabon's 4.63 trillion current LCU is above the median for Sub-Saharan Africa, which is 42.40 billion current LCU, 109.2× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Mining and quarrying, value added 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 |
|---|---|---|---|
| 1974 | +285.3% | 49.70 billion current LCU | 191.50 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.10 billion current LCU | 10.70 billion current LCU | 26.60 billion current LCU | 5 |
| 1970s | 164.02 billion current LCU | 29.20 billion current LCU | 316.80 billion current LCU | 10 |
| 1980s | 465.97 billion current LCU | 228.40 billion current LCU | 719.40 billion current LCU | 10 |
| 1990s | 868.60 billion current LCU | 461.35 billion current LCU | 1.36 trillion current LCU | 10 |
| 2000s | 2.23 trillion current LCU | 1.48 trillion current LCU | 3.76 trillion current LCU | 10 |
| 2010s | 4.03 trillion current LCU | 3.44 trillion current LCU | 4.63 trillion current LCU | 2 |
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 mining and quarrying, value added in Gabon?
- Mining and quarrying, value added in Gabon was 4.63 trillion current LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest mining and quarrying, value added recorded in Gabon?
- The highest recorded value was 4.63 trillion current LCU in 2011.
- What is the lowest mining and quarrying, value added recorded in Gabon?
- The lowest recorded value was 10.70 billion current LCU in 1965.
- How does Gabon rank for mining and quarrying, value added?
- Gabon ranks 6th out of 50 countries with data for 2011.
- Is mining and quarrying, value added rising or falling in Gabon?
- Over the last ten years it is up 208.7%. The long-run trend across the full record is volatile.
- 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 Mining and quarrying, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in current local currency.