Gabon's high-technology exports (current US$) was US$40.04 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 3.92% from US$38.53 million in 2013 (0.39% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$40.04 million | 2023 |
| Five years earlier | US$98.52 million | 2018 |
| Ten years earlier | US$38.53 million | 2013 |
| Highest | US$129.19 million | 2012 |
| Lowest | US$29.62 million | 2011 |
| Average since 2014 | US$67.88 million | 2014–2023 |
| First recorded | US$77.93 million |
What the numbers say
In 2023, Gabon's high-technology exports (current US$) fell 49.3% on 2022 (from US$78.99 million to US$40.04 million).
Across the 12 yearly changes before that (2011 to 2022), the average change was +35.4% and a typical year strayed about 116.7% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 336.2% in 2012 and the biggest yearly fall was 70.2% in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 27% 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 2023, Gabon had the 10th highest value of the 28 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$40.04 million | 2023 |
| World | US$3.58 trillion | 2023 |
| Sub-Saharan Africa | US$2.86 billion | 2023 |
| Upper middle income | US$1.3 trillion | 2023 |
Closest to Gabon in the 2023 ranking
What this measures
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.
Regional and income-group figures are computed by the World Bank as a sum.
All 14 values
| Year | High-technology exports (current US$) |
|---|---|
| 2023 | 40,040,970 |
| 2022 | 78,992,997 |
| 2021 | 40,017,534 |
| 2020 | 59,109,890 |
| 2019 | 64,376,117 |
| 2018 | 98,516,906 |
| 2017 | 51,877,570 |
| 2016 | 94,533,513 |
| 2015 | 61,949,326 |
| 2014 | 89,390,082 |
| 2013 |
High-technology exports (current US$) in nearby economies
- Angola — US$64.12 million (2024)
- Benin — US$22.46 million (2024)
- Botswana — US$25.6 million (2023)
- Burkina Faso — US$2.47 million (2024)
- Burundi — US$430,943 (2023)
- Cabo Verde — US$73,876 (2023)
- Cameroon — US$6.24 million (2023)
- Central African Republic — US$12.19 million (2024)
- Comoros — US$91,529 (2023)
- Congo, Rep. — US$30.9 million (2023)
More infrastructure data for Gabon
- Mobile cellular subscriptions — 3.18 million (2024)
- Mobile cellular subscriptions (per 100 people) — 125.34 (2024)
- Air transport, registered carrier departures worldwide — 2,305 (2016)
- Air transport, passengers carried — 77,320 (2016)
- Fixed telephone subscriptions — 67,119 (2024)
- Fixed telephone subscriptions (per 100 people) — 2.64 (2024)
- Medium and high-tech exports (% manufactured exports) — 30.01% (2024)
- Individuals using the Internet (% of population) — 68.72% (2024)
- Scientific and technical journal articles — 90.57 (2023)
- Rail lines (total route-km)
Reading data like this
Questions people ask
- What is Gabon's high-technology exports (current US$)?
- US$40.04 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is down 48.62% from US$77.93 million in 2010 (4.99% a year on average, compounded). The highest value was US$129.19 million in 2012 and the lowest US$29.62 million in 2011.
- How does Gabon rank?
- 10th highest of 28 economies with data for 2023.
- Is the latest change in high-technology exports (current US$) unusual for Gabon?
- In 2023, Gabon's high-technology exports (current US$) fell 49.3% on 2022 (from US$78.99 million to US$40.04 million). Across the 12 yearly changes before that (2011 to 2022), the average change was +35.4% and a typical year strayed about 116.7% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.VAL.TECH.CD, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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