Gabon's net financial account (BoP, current US$) was US$597.06 million in 2015, the latest year in the World Bank's World Development Indicators. That is down 61.32% from US$1.54 billion in 2005 (9.06% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$597.06 million | 2015 |
| Five years earlier | US$1.13 billion | 2010 |
| Ten years earlier | US$1.54 billion | 2005 |
| Highest | US$3.33 billion | 2008 |
| Lowest | −US$1.11 billion | 1986 |
| Average since 2007 | US$1.3 billion | 2007–2015 |
| First recorded | US$28.98 million |
What the numbers say
In 2015, Gabon's net financial account (BoP, current US$) rose US$304.69 million on 2014 (from US$292.37 million to US$597.06 million).
Across the 30 yearly changes before that (1983 to 2014), the average change was −US$2.04 million and a typical year strayed about US$767.12 million from that (the standard deviation). This year's change was 0.4 standard deviations above 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 US$1.69 billion in 2008 and the biggest yearly fall was US$2.75 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2015 the straight-line trend is downward, about US$198.29 million a year. A straight line explains 37% of the movement over 9 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 37 values
| Year | Net financial account (BoP, current US$) |
|---|---|
| 2015 | 597,060,266 |
| 2014 | 292,369,798 |
| 2013 | 1,111,911,907 |
| 2012 | 1,437,796,247 |
| 2011 | 1,623,873,758 |
| 2010 | 1,133,931,064 |
| 2009 | 574,135,686 |
| 2008 | 3,327,893,055 |
| 2007 | 1,639,571,171 |
| 2006 | no data |
| 2005 |
Net financial account (BoP, current US$) in nearby economies
- Angola — US$1.3 billion (2025)
- Benin — −US$1.41 billion (2023)
- Botswana — US$499.73 million (2025)
- Burkina Faso — −US$532.6 million (2024)
- Burundi — −US$410.29 million (2025)
- Cabo Verde — US$85.45 million (2025)
- Cameroon — −US$1.52 billion (2024)
- Comoros — US$11.24 million (2023)
- Congo, Dem. Rep. — −US$2.4 billion (2025)
- Congo, Rep. — US$1.36 billion (2021)
More economic policy & debt data for Gabon
- General government final consumption expenditure (current US$) — 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 net financial account (BoP, current US$)?
- US$597.06 million in 2015, according to the World Bank (World Development Indicators).
- How has it changed since 1978?
- It is up 1,960% from US$28.98 million in 1978 (8.52% a year on average, compounded). The highest value was US$3.33 billion in 2008 and the lowest −US$1.11 billion in 1986.
- Is the latest change in net financial account (BoP, current US$) unusual for Gabon?
- In 2015, Gabon's net financial account (BoP, current US$) rose US$304.69 million on 2014 (from US$292.37 million to US$597.06 million). Across the 30 yearly changes before that (1983 to 2014), the average change was −US$2.04 million and a typical year strayed about US$767.12 million from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator BN.FIN.TOTL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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