Compensation of employees (current LCU) in Gabon
Gabon: Compensation of employees (current LCU) was 682.39 billion current LCU in 2021. ▲ Rising
Compensation of employees in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2021, compensation of employees in Gabon stood at 682.39 billion current LCU.
The figure is down 0.1% on the previous year and up 32.6% over ten years.
Over the whole period, compensation of employees in Gabon peaked at 732.80 billion current LCU in 2017 and was at its lowest, 514.57 billion current LCU, in 2012.
Gabon ranks 38th of 156 countries on this measure, in the top quarter.
Compensation of employees (current LCU) in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | 514.57 billion current LCU | — |
| 2013 | 552.79 billion current LCU | +7.4% |
| 2014 | 585.20 billion current LCU | +5.9% |
| 2015 | 714.70 billion current LCU | +22.1% |
| 2016 | 730.92 billion current LCU | +2.3% |
| 2017 | 732.80 billion current LCU | +0.3% |
| 2018 | 701.04 billion current LCU | -4.3% |
| 2019 | 688.95 billion current LCU | -1.7% |
| 2020 | 683.20 billion current LCU | -0.8% |
| 2021 | 682.39 billion current LCU | -0.1% |
Gabon compared with similar countries
- Gabon's 682.39 billion current LCU is above the median for upper middle income countries, which is 95.94 billion current LCU, 7.1× the median. (47 countries reporting)
- Gabon's 682.39 billion current LCU is above the median for Sub-Saharan Africa, which is 317.20 billion current LCU, 2.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 652.62 billion current LCU | 514.57 billion current LCU | 732.80 billion current LCU | 8 |
| 2020s | 682.79 billion current LCU | 682.39 billion current LCU | 683.20 billion current LCU | 2 |
Countries ranked near Gabon
More public sector data for Gabon
- Democracy, annual growth rate -100 % change on previous year (2023)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2023)
- Elected parliament, annual growth rate -100 % change on previous year (2023)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2023)
- Arms imports 6.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3939 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -93.75 % change on previous year (2024)
Frequently asked questions
- What is compensation of employees in Gabon?
- Compensation of employees in Gabon was 682.39 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Gabon?
- The highest recorded value was 732.80 billion current LCU in 2017.
- What is the lowest compensation of employees recorded in Gabon?
- The lowest recorded value was 514.57 billion current LCU in 2012.
- How does Gabon rank for compensation of employees?
- Gabon ranks 38th out of 156 countries with data for 2021.
- Is compensation of employees rising or falling in Gabon?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this Gabon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.