Travel services in Gabon
Gabon: Travel services was 9.1% in 2015. ◆ Volatile
Travel services in Gabon, 1978–2015
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2015, travel services in Gabon stood at 9.1%.
The figure is down 69.7% on the previous year and up 42.4% over ten years.
Over the whole period, travel services in Gabon peaked at 29.9% in 2014 and was at its lowest, 1.2%, in 1984.
That places Gabon 175th out of 198 countries with data for 2015, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Gabon, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1978 | 10.6% | — |
| 1979 | 5.9% | -44.9% |
| 1980 | 5.2% | -10.6% |
| 1981 | 2.6% | -50.6% |
| 1982 | 2.2% | -14.9% |
| 1983 | 1.8% | -18.0% |
| 1984 | 1.2% | -35.5% |
| 1985 | 6.2% | +429.5% |
| 1986 | 10.3% | +67.0% |
| 1987 | 4.3% | -58.0% |
| 1988 | 3.4% | -22.2% |
| 1989 | 1.4% | -59.3% |
| 1990 | 1.3% | -6.6% |
| 1991 | 1.3% | +2.8% |
| 1992 | 1.5% | +15.9% |
| 1993 | 1.2% | -18.0% |
| 1994 | 2.4% | +90.5% |
| 1995 | 8.0% | +235.2% |
| 1996 | 4.2% | -47.3% |
| 1997 | 8.0% | +90.4% |
| 1998 | 10.7% | +33.8% |
| 1999 | 5.3% | -50.6% |
| 2000 | 11.4% | +116.0% |
| 2001 | 8.9% | -21.9% |
| 2002 | 22.7% | +154.1% |
| 2003 | 8.7% | -61.8% |
| 2004 | 6.3% | -27.1% |
| 2005 | 6.4% | +0.8% |
| 2007 | 14.1% | +121.5% |
| 2008 | 18.4% | +30.6% |
| 2009 | 10.8% | -41.2% |
| 2010 | 17.8% | +64.6% |
| 2011 | 6.2% | -65.4% |
| 2012 | 12.9% | +109.5% |
| 2013 | 22.4% | +73.2% |
| 2014 | 29.9% | +33.4% |
| 2015 | 9.1% | -69.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.2% | 5.9% | 10.6% | 2 |
| 1980s | 3.8% | 1.2% | 10.3% | 10 |
| 1990s | 4.4% | 1.2% | 10.7% | 10 |
| 2000s | 12.0% | 6.3% | 22.7% | 9 |
| 2010s | 16.4% | 6.2% | 29.9% | 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 travel services in Gabon?
- Travel services in Gabon was 9.1% in 2015, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Gabon?
- The highest recorded value was 29.9% in 2014.
- What is the lowest travel services recorded in Gabon?
- The lowest recorded value was 1.2% in 1984.
- How does Gabon rank for travel services?
- Gabon ranks 175th out of 198 countries with data for 2015.
- Is travel services rising or falling in Gabon?
- Over the last ten years it is up 42.4%. 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.