Personal remittances, paid (current US$), per unit of GDP in Gabon
Gabon: Personal remittances, paid (current US$), per unit of GDP was 0.0085 current US$ per US$ of GDP in 2015. ▼ Falling
Personal remittances, paid (current US$), per unit of GDP in Gabon, 1978–2015
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2015, personal remittances, paid (current us$), per unit of gdp in Gabon stood at 0.0085 current US$ per US$ of GDP. That is the lowest value across all 37 years on record.
That represents a change of down 45.1% on the previous year and down 56.3% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Gabon peaked at 0.0485 current US$ per US$ of GDP in 1986 and was at its lowest, 0.0085 current US$ per US$ of GDP, in 2015.
That places Gabon 94th out of 195 countries with data for 2015, putting it in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Personal remittances, paid (current US$), per unit of GDP in Gabon, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.0293 current US$ per US$ of GDP | — |
| 1979 | 0.0466 current US$ per US$ of GDP | +59.3% |
| 1980 | 0.0335 current US$ per US$ of GDP | -28.1% |
| 1981 | 0.0216 current US$ per US$ of GDP | -35.5% |
| 1982 | 0.0218 current US$ per US$ of GDP | +0.7% |
| 1983 | 0.0272 current US$ per US$ of GDP | +24.7% |
| 1984 | 0.025 current US$ per US$ of GDP | -8.1% |
| 1985 | 0.0312 current US$ per US$ of GDP | +24.9% |
| 1986 | 0.0485 current US$ per US$ of GDP | +55.5% |
| 1987 | 0.0446 current US$ per US$ of GDP | -8.0% |
| 1988 | 0.04 current US$ per US$ of GDP | -10.3% |
| 1989 | 0.0307 current US$ per US$ of GDP | -23.2% |
| 1990 | 0.0248 current US$ per US$ of GDP | -19.4% |
| 1991 | 0.0217 current US$ per US$ of GDP | -12.3% |
| 1992 | 0.0261 current US$ per US$ of GDP | +20.1% |
| 1993 | 0.0448 current US$ per US$ of GDP | +72.0% |
| 1994 | 0.0373 current US$ per US$ of GDP | -16.8% |
| 1995 | 0.02 current US$ per US$ of GDP | -46.4% |
| 1996 | 0.0199 current US$ per US$ of GDP | -0.6% |
| 1997 | 0.0196 current US$ per US$ of GDP | -1.7% |
| 1998 | 0.0199 current US$ per US$ of GDP | +1.7% |
| 1999 | 0.0182 current US$ per US$ of GDP | -8.7% |
| 2000 | 0.0153 current US$ per US$ of GDP | -15.9% |
| 2001 | 0.0191 current US$ per US$ of GDP | +25.0% |
| 2002 | 0.0181 current US$ per US$ of GDP | -5.3% |
| 2003 | 0.0177 current US$ per US$ of GDP | -2.2% |
| 2004 | 0.0142 current US$ per US$ of GDP | -19.7% |
| 2005 | 0.0194 current US$ per US$ of GDP | +36.4% |
| 2007 | 0.0124 current US$ per US$ of GDP | -35.8% |
| 2008 | 0.0178 current US$ per US$ of GDP | +43.5% |
| 2009 | 0.0209 current US$ per US$ of GDP | +17.3% |
| 2010 | 0.0111 current US$ per US$ of GDP | -47.1% |
| 2011 | 0.0131 current US$ per US$ of GDP | +18.8% |
| 2012 | 0.0207 current US$ per US$ of GDP | +57.6% |
| 2013 | 0.0142 current US$ per US$ of GDP | -31.3% |
| 2014 | 0.0154 current US$ per US$ of GDP | +8.3% |
| 2015 | 0.0085 current US$ per US$ of GDP | -45.1% |
Gabon compared with similar countries
- Gabon's 0.0085 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0083 current US$ per US$ of GDP, 1.0× the median. (54 countries reporting)
- Gabon's 0.0085 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.038 current US$ per US$ of GDP | 0.0293 current US$ per US$ of GDP | 0.0466 current US$ per US$ of GDP | 2 |
| 1980s | 0.0324 current US$ per US$ of GDP | 0.0216 current US$ per US$ of GDP | 0.0485 current US$ per US$ of GDP | 10 |
| 1990s | 0.0252 current US$ per US$ of GDP | 0.0182 current US$ per US$ of GDP | 0.0448 current US$ per US$ of GDP | 10 |
| 2000s | 0.0172 current US$ per US$ of GDP | 0.0124 current US$ per US$ of GDP | 0.0209 current US$ per US$ of GDP | 9 |
| 2010s | 0.0138 current US$ per US$ of GDP | 0.0085 current US$ per US$ of GDP | 0.0207 current US$ per US$ of GDP | 6 |
Countries ranked near Gabon
- 91 Tanzania, United Republic of 0.0086 current US$ per US$ of GDP compare
- 92 Lao People's Democratic Republic 0.0086 current US$ per US$ of GDP compare
- 93 Azerbaijan 0.0085 current US$ per US$ of GDP compare
- 95 Barbados 0.0083 current US$ per US$ of GDP compare
- 96 Honduras 0.0083 current US$ per US$ of GDP compare
- 97 Indonesia 0.0081 current US$ per US$ of GDP 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$), annual growth rate -55.87 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Gabon?
- Personal remittances, paid (current us$), per unit of gdp in Gabon was 0.0085 current US$ per US$ of GDP in 2015, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Gabon?
- The highest recorded value was 0.0485 current US$ per US$ of GDP in 1986.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Gabon?
- The lowest recorded value was 0.0085 current US$ per US$ of GDP in 2015.
- How does Gabon rank for personal remittances, paid (current us$), per unit of gdp?
- Gabon ranks 94th out of 195 countries with data for 2015.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Gabon?
- Over the last ten years it is down 56.3%. The long-run trend across the full record is falling.
- Where does this Gabon data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.