Gabon's commercial banks and other lending (PPG + PNG) (NFL, current US$) was −US$24.12 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 158.78% from US$41.03 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$24.12 million | 2024 |
| Five years earlier | −US$229.56 million | 2019 |
| Ten years earlier | US$41.03 million | 2014 |
| Highest | US$468.32 million | 2023 |
| Lowest | −US$229.56 million | 2019 |
| Average since 2015 | −US$8.78 million | 2015–2024 |
| First recorded | US$5.82 million |
What the numbers say
In 2024, Gabon's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$492.44 million on 2023 (from US$468.32 million to −US$24.12 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$15.67 million and a typical year strayed about US$151.13 million from that (the standard deviation). This year's change was 3.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$535.01 million in 2023 and the biggest yearly fall was US$492.44 million in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Gabon had the 53rd highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Gabon | −US$24.12 million | 2024 |
| Upper middle income | −US$20.51 billion | 2024 |
Closest to Gabon in the 2024 ranking
- Iran, Islamic Rep. — 50th of 87: −US$20.97 million
- Cabo Verde — 51st of 87: −US$22.14 million
- Niger — 52nd of 87: −US$23.21 million
- Moldova — 54th of 87: −US$34.52 million
- Eswatini — 55th of 87: −US$37.85 million
- Zimbabwe — 56th of 87: −US$53.81 million
What this measures
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).
Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Commercial banks and other lending (PPG + PNG) (NFL, current US$) |
|---|---|
| 2024 | -24,118,000 |
| 2023 | 468,324,000 |
| 2022 | -66,689,000 |
| 2021 | -71,118,000 |
| 2020 | -86,581,000 |
| 2019 | -229,559,000 |
| 2018 | -110,393,000 |
| 2017 | -99,472,000 |
| 2016 | 214,886,000 |
| 2015 | -83,116,000 |
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies
- Angola — −US$924.98 million (2024)
- Benin — US$461.66 million (2024)
- Burkina Faso — US$131.21 million (2024)
- Cabo Verde — −US$22.14 million (2024)
- Cameroon — US$452.97 million (2024)
- Congo, Dem. Rep. — −US$9.02 million (2024)
- Congo, Rep. — −US$404.91 million (2024)
- Côte d'Ivoire — US$233.35 million (2024)
- Eswatini
More economic policy & debt data for Gabon
- General government final consumption expenditure (current US$) — US$2.39 billion (2025)
- General government final consumption expenditure (current LCU) — 1.39 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$1.91 billion (2025)
- General government final consumption expenditure (constant LCU) — 992.1 billion (2025)
- General government final consumption expenditure (% of GDP) — 11.16% (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$) — US$5.93 billion (2025)
- Households and NPISHs final consumption expenditure (constant LCU) — 2.77 trillion (2025)
- Households and NPISHs final consumption expenditure per capita (constant 2015 US$)
Reading data like this
Questions people ask
- What is Gabon's commercial banks and other lending (PPG + PNG) (NFL, current US$)?
- −US$24.12 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 514.47% from US$5.82 million in 1970. The highest value was US$468.32 million in 2023 and the lowest −US$229.56 million in 2019.
- How does Gabon rank?
- 53rd highest of 87 economies with data for 2024.
- Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Gabon?
- In 2024, Gabon's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$492.44 million on 2023 (from US$468.32 million to −US$24.12 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$15.67 million and a typical year strayed about US$151.13 million from that (the standard deviation). This year's change was 3.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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