Goods and services expense in Gabon
Gabon: Goods and services expense was 15.3% in 2021. ▼ Falling
Goods and services expense in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Gabon is 15.3%, measured in 2021.
The figure is up 10.0% on the previous year and down 33.3% over ten years.
Over the whole period, goods and services expense in Gabon peaked at 23.0% in 2012 and was at its lowest, 10.9%, in 2018.
That places Gabon 73rd out of 154 countries with data for 2021, putting it in the middle of the range.
Goods and services expense in Gabon, year by year
| Year | % of expense | Change |
|---|---|---|
| 2012 | 23.0% | — |
| 2013 | 16.8% | -26.8% |
| 2014 | 19.3% | +14.9% |
| 2015 | 16.5% | -14.6% |
| 2016 | 17.7% | +7.4% |
| 2017 | 12.3% | -30.5% |
| 2018 | 10.9% | -11.8% |
| 2019 | 11.6% | +7.1% |
| 2020 | 13.9% | +19.6% |
| 2021 | 15.3% | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.0% | 10.9% | 23.0% | 8 |
| 2020s | 14.6% | 13.9% | 15.3% | 2 |
Countries ranked near Gabon
More public sector data for Gabon
- Arms imports 1.00 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)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 125.68 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0153 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 20.24 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 319.10 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 62.09 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Gabon?
- Goods and services expense in Gabon was 15.3% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Gabon?
- The highest recorded value was 23.0% in 2012.
- What is the lowest goods and services expense recorded in Gabon?
- The lowest recorded value was 10.9% in 2018.
- How does Gabon rank for goods and services expense?
- Gabon ranks 73rd out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Gabon?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.