Net incurrence of liabilities, total (% of GDP) in Gabon
Gabon: Net incurrence of liabilities, total (% of GDP) was 0.9% in 2021. ◆ Volatile
Net incurrence of liabilities, total in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Gabon is 0.9%, measured in 2021.
That represents a change of up 129.4% on the previous year and up 148.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Gabon peaked at 2.4% in 2016 and was at its lowest, -3.1%, in 2019.
That places Gabon 108th out of 136 countries with data for 2021, putting it in the bottom quarter.
Net incurrence of liabilities, total (% of GDP) in Gabon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | -1.9% | — |
| 2013 | 0.3% | -116.9% |
| 2014 | -2.4% | -844.7% |
| 2015 | 1.0% | -140.9% |
| 2016 | 2.4% | +150.0% |
| 2017 | 0.8% | -68.3% |
| 2018 | 0.4% | -53.4% |
| 2019 | -3.1% | -969.0% |
| 2021 | 0.9% | -129.4% |
Gabon compared with similar countries
- Gabon's 0.9% is below the median for upper middle income countries, which is 2.9%, 32% of the median. (47 countries reporting)
- Gabon's 0.9% is below the median for Sub-Saharan Africa, which is 3.9%, 24% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.3% | -3.1% | 2.4% | 8 |
| 2020s | 0.9% | 0.9% | 0.9% | 1 |
Countries ranked near Gabon
- 105 Madagascar 1.0% compare
- 106 Democratic Republic of Congo 1.0% compare
- 107 Equatorial Guinea 0.9%
- 109 Zambia 0.8% compare
- 110 Lesotho 0.7% compare
- 111 United Arab Emirates 0.6% compare
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 net incurrence of liabilities, total in Gabon?
- Net incurrence of liabilities, total in Gabon was 0.9% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Gabon?
- The highest recorded value was 2.4% in 2016.
- What is the lowest net incurrence of liabilities, total recorded in Gabon?
- The lowest recorded value was -3.1% in 2019.
- How does Gabon rank for net incurrence of liabilities, total?
- Gabon ranks 108th out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Gabon?
- Over the last ten years it is up 148.6%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.