Personal remittances, paid in Gabon
Gabon: Personal remittances, paid was 121.71 million current US$ in 2015. ▲ Rising
Personal remittances, paid in Gabon, 1978–2015
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Gabon recorded 121.71 million current US$ for personal remittances, paid in 2015.
Compared with earlier readings it is down 56.6% on the previous year and down 34.4% over ten years.
Over the whole period, personal remittances, paid in Gabon peaked at 355.74 million current US$ in 2012 and was at its lowest, 69.97 million current US$, in 1978.
Gabon ranks 132nd of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Personal remittances, paid in Gabon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1978 | 69.97 million current US$ | — |
| 1979 | 141.36 million current US$ | +102.0% |
| 1980 | 143.55 million current US$ | +1.6% |
| 1981 | 83.58 million current US$ | -41.8% |
| 1982 | 78.82 million current US$ | -5.7% |
| 1983 | 92.14 million current US$ | +16.9% |
| 1984 | 88.96 million current US$ | -3.5% |
| 1985 | 104.19 million current US$ | +17.1% |
| 1986 | 165.11 million current US$ | +58.5% |
| 1987 | 146.41 million current US$ | -11.3% |
| 1988 | 153.43 million current US$ | +4.8% |
| 1989 | 128.59 million current US$ | -16.2% |
| 1990 | 147.32 million current US$ | +14.6% |
| 1991 | 117.33 million current US$ | -20.4% |
| 1992 | 145.83 million current US$ | +24.3% |
| 1993 | 196.35 million current US$ | +34.6% |
| 1994 | 156.34 million current US$ | -20.4% |
| 1995 | 99.23 million current US$ | -36.5% |
| 1996 | 113.29 million current US$ | +14.2% |
| 1997 | 104.16 million current US$ | -8.1% |
| 1998 | 89.19 million current US$ | -14.4% |
| 1999 | 84.71 million current US$ | -5.0% |
| 2000 | 77.58 million current US$ | -8.4% |
| 2001 | 95.90 million current US$ | +23.6% |
| 2002 | 96.45 million current US$ | +0.6% |
| 2003 | 115.16 million current US$ | +19.4% |
| 2004 | 110.30 million current US$ | -4.2% |
| 2005 | 185.59 million current US$ | +68.3% |
| 2007 | 154.76 million current US$ | -16.6% |
| 2008 | 277.66 million current US$ | +79.4% |
| 2009 | 253.48 million current US$ | -8.7% |
| 2010 | 159.04 million current US$ | -37.3% |
| 2011 | 239.38 million current US$ | +50.5% |
| 2012 | 355.74 million current US$ | +48.6% |
| 2013 | 250.46 million current US$ | -29.6% |
| 2014 | 280.69 million current US$ | +12.1% |
| 2015 | 121.71 million current US$ | -56.6% |
Gabon compared with similar countries
- Gabon's 121.71 million current US$ is below the median for upper middle income countries, which is 267.45 million current US$, 46% of the median. (54 countries reporting)
- Gabon's 121.71 million current US$ is above the median for Sub-Saharan Africa, which is 104.72 million current US$, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 105.67 million current US$ | 69.97 million current US$ | 141.36 million current US$ | 2 |
| 1980s | 118.48 million current US$ | 78.82 million current US$ | 165.11 million current US$ | 10 |
| 1990s | 125.37 million current US$ | 84.71 million current US$ | 196.35 million current US$ | 10 |
| 2000s | 151.88 million current US$ | 77.58 million current US$ | 277.66 million current US$ | 9 |
| 2010s | 234.50 million current US$ | 121.71 million current US$ | 355.74 million 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$), annual growth rate -55.87 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid in Gabon?
- Personal remittances, paid in Gabon was 121.71 million current US$ in 2015, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Gabon?
- The highest recorded value was 355.74 million current US$ in 2012.
- What is the lowest personal remittances, paid recorded in Gabon?
- The lowest recorded value was 69.97 million current US$ in 1978.
- How does Gabon rank for personal remittances, paid?
- Gabon ranks 132nd out of 196 countries with data for 2015.
- Is personal remittances, paid rising or falling in Gabon?
- Over the last ten years it is down 34.4%. The long-run trend across the full record is rising.
- Where does this Gabon data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.