Gabon recorded a Current Account surplus of 1.20 percent of the country's Gross Domestic Product in 2022. source: IMF

Current Account to GDP in Gabon averaged 5.71 percent of GDP from 1978 until 2022, reaching an all time high of 27.30 percent of GDP in 1980 and a record low of -19.40 percent of GDP in 1986. This page provides - Gabon Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gabon Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Gabon Current Account to GDP



Related Last Previous Unit Reference
Current Account to GDP 1.20 -4.50 percent of GDP Dec 2022
Imports 1864.70 1885.90 XAF Million Dec 2021
Exports 4213.40 3581.20 XAF Million Dec 2021

Gabon Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 -4.50 27.30 -19.40 1978 - 2022 percent of GDP Yearly