Subsidies and other transfers (current LCU) in Gabon
Gabon: Subsidies and other transfers (current LCU) was 268.08 billion current LCU in 2021. ▼ Falling
Subsidies and other transfers in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Gabon recorded 268.08 billion current LCU for subsidies and other transfers in 2021.
The figure is up 7.7% on the previous year and down 41.5% over ten years.
Over the whole period, subsidies and other transfers in Gabon peaked at 457.98 billion current LCU in 2012 and was at its lowest, 194.60 billion current LCU, in 2018.
Gabon ranks 68th of 153 countries on this measure, in the middle of the range.
Subsidies and other transfers (current LCU) in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | 457.98 billion current LCU | — |
| 2013 | 447.50 billion current LCU | -2.3% |
| 2014 | 368.93 billion current LCU | -17.6% |
| 2015 | 315.81 billion current LCU | -14.4% |
| 2016 | 223.15 billion current LCU | -29.3% |
| 2017 | 221.20 billion current LCU | -0.9% |
| 2018 | 194.60 billion current LCU | -12.0% |
| 2019 | 250.44 billion current LCU | +28.7% |
| 2020 | 248.93 billion current LCU | -0.6% |
| 2021 | 268.08 billion current LCU | +7.7% |
Gabon compared with similar countries
- Gabon's 268.08 billion current LCU is above the median for upper middle income countries, which is 139.97 billion current LCU, 1.9× the median. (46 countries reporting)
- Gabon's 268.08 billion current LCU is below the median for Sub-Saharan Africa, which is 282.03 billion current LCU, 95% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 309.95 billion current LCU | 194.60 billion current LCU | 457.98 billion current LCU | 8 |
| 2020s | 258.50 billion current LCU | 248.93 billion current LCU | 268.08 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 subsidies and other transfers in Gabon?
- Subsidies and other transfers in Gabon was 268.08 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Gabon?
- The highest recorded value was 457.98 billion current LCU in 2012.
- What is the lowest subsidies and other transfers recorded in Gabon?
- The lowest recorded value was 194.60 billion current LCU in 2018.
- How does Gabon rank for subsidies and other transfers?
- Gabon ranks 68th out of 153 countries with data for 2021.
- Is subsidies and other transfers rising or falling in Gabon?
- Over the last ten years it is down 41.5%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.