Net trade in goods and services in Gabon
Gabon: Net trade in goods and services was 340.70 million BoP, current US$ in 2015. ◆ Volatile
Net trade in goods and services in Gabon, 1978–2015
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2015, net trade in goods and services in Gabon stood at 340.70 million BoP, current US$.
The figure is down 84.5% on the previous year and down 89.4% over ten years.
Over the whole period, net trade in goods and services in Gabon peaked at 5.46 billion BoP, current US$ in 2008 and was at its lowest, -664.04 million BoP, current US$, in 1986.
Gabon ranks 70th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Gabon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 342.96 million BoP, current US$ | — |
| 1979 | 727.10 million BoP, current US$ | +112.0% |
| 1980 | 933.55 million BoP, current US$ | +28.4% |
| 1981 | 798.40 million BoP, current US$ | -14.5% |
| 1982 | 681.94 million BoP, current US$ | -14.6% |
| 1983 | 443.99 million BoP, current US$ | -34.9% |
| 1984 | 403.91 million BoP, current US$ | -9.0% |
| 1985 | 176.84 million BoP, current US$ | -56.2% |
| 1986 | -664.04 million BoP, current US$ | -475.5% |
| 1987 | -82.98 million BoP, current US$ | -87.5% |
| 1988 | -193.69 million BoP, current US$ | +133.4% |
| 1989 | 262.53 million BoP, current US$ | -235.5% |
| 1990 | 918.66 million BoP, current US$ | +249.9% |
| 1991 | 809.27 million BoP, current US$ | -11.9% |
| 1992 | 795.64 million BoP, current US$ | -1.7% |
| 1993 | 769.52 million BoP, current US$ | -3.3% |
| 1994 | 981.44 million BoP, current US$ | +27.5% |
| 1995 | 1.22 billion BoP, current US$ | +24.5% |
| 1996 | 1.69 billion BoP, current US$ | +38.1% |
| 1997 | 1.28 billion BoP, current US$ | -24.1% |
| 1998 | -27.00 million BoP, current US$ | -102.1% |
| 1999 | 1.00 billion BoP, current US$ | -3812.6% |
| 2000 | 1.84 billion BoP, current US$ | +83.9% |
| 2001 | 1.22 billion BoP, current US$ | -33.5% |
| 2002 | 947.93 million BoP, current US$ | -22.6% |
| 2003 | 1.47 billion BoP, current US$ | +54.9% |
| 2004 | 2.07 billion BoP, current US$ | +41.2% |
| 2005 | 3.21 billion BoP, current US$ | +54.8% |
| 2007 | 4.13 billion BoP, current US$ | +28.7% |
| 2008 | 5.46 billion BoP, current US$ | +32.2% |
| 2009 | 2.39 billion BoP, current US$ | -56.2% |
| 2010 | 4.42 billion BoP, current US$ | +84.8% |
| 2011 | 4.26 billion BoP, current US$ | -3.5% |
| 2012 | 4.00 billion BoP, current US$ | -6.1% |
| 2013 | 2.88 billion BoP, current US$ | -28.0% |
| 2014 | 2.20 billion BoP, current US$ | -23.4% |
| 2015 | 340.70 million BoP, current US$ | -84.5% |
Gabon compared with similar countries
- Gabon's 340.70 million BoP, current US$ is above the median for upper middle income countries, which is -288.45 million BoP, current US$. (57 countries reporting)
- Gabon's 340.70 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Gabon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +3812.6% | -27.00 million BoP, current US$ | 1.00 billion BoP, current US$ |
| 1986 | -475.5% | 176.84 million BoP, current US$ | -664.04 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 535.03 million BoP, current US$ | 342.96 million BoP, current US$ | 727.10 million BoP, current US$ | 2 |
| 1980s | 276.05 million BoP, current US$ | -664.04 million BoP, current US$ | 933.55 million BoP, current US$ | 10 |
| 1990s | 944.30 million BoP, current US$ | -27.00 million BoP, current US$ | 1.69 billion BoP, current US$ | 10 |
| 2000s | 2.53 billion BoP, current US$ | 947.93 million BoP, current US$ | 5.46 billion BoP, current US$ | 9 |
| 2010s | 3.02 billion BoP, current US$ | 340.70 million BoP, current US$ | 4.42 billion BoP, current US$ | 6 |
Countries ranked near Gabon
- 67 Aruba 587.86 million BoP, current US$ compare
- 68 Djibouti 484.90 million BoP, current US$ compare
- 69 Estonia 460.27 million BoP, current US$ compare
- 71 Turks and Caicos Islands 282.61 million BoP, current US$
- 72 Syria 197.00 million BoP, current US$ compare
- 73 Myanmar 167.25 million BoP, current US$ compare
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$), annual growth rate -55.87 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Gabon?
- Net trade in goods and services in Gabon was 340.70 million BoP, current US$ in 2015, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Gabon?
- The highest recorded value was 5.46 billion BoP, current US$ in 2008.
- What is the lowest net trade in goods and services recorded in Gabon?
- The lowest recorded value was -664.04 million BoP, current US$ in 1986.
- How does Gabon rank for net trade in goods and services?
- Gabon ranks 70th out of 200 countries with data for 2015.
- Is net trade in goods and services rising or falling in Gabon?
- Over the last ten years it is down 89.4%. The long-run trend across the full record is volatile.
- Where does this Gabon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.