Gabon's net trade in goods (current US$, BoP) was US$1.94 billion in 2015, the latest year in the World Bank's World Development Indicators. That is down 52.63% from US$4.1 billion in 2005 (7.2% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.94 billion | 2015 |
| Five years earlier | US$5.73 billion | 2010 |
| Ten years earlier | US$4.1 billion | 2005 |
| Highest | US$6.96 billion | 2008 |
| Lowest | US$95.09 million | 1986 |
| Average since 2007 | US$5.08 billion | 2007–2015 |
| First recorded | US$750.74 million |
What the numbers say
In 2015, Gabon's net trade in goods (current US$, BoP) fell 56.3% on 2014 (from US$4.44 billion to US$1.94 billion).
Across the 30 yearly changes before that (1983 to 2014), the average change was +25.9% and a typical year strayed about 98% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 483.2% in 1987 and the biggest yearly fall was 91.3% in 1986. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2015 there is no clear straight-line trend: a straight line explains 23% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 37 values
| Year | Net trade in goods (current US$, BoP) |
|---|---|
| 2015 | 1,941,269,686 |
| 2014 | 4,438,350,797 |
| 2013 | 5,309,298,440 |
| 2012 | 6,137,252,615 |
| 2011 | 6,494,827,470 |
| 2010 | 5,731,871,006 |
| 2009 | 3,798,918,292 |
| 2008 | 6,959,639,889 |
| 2007 | 4,945,445,508 |
| 2006 | no data |
| 2005 |
Net trade in goods (current US$, BoP) in nearby economies
- Angola — US$15.1 billion (2025)
- Benin — −US$598.79 million (2023)
- Botswana — −US$597.05 million (2025)
- Burkina Faso — US$294.53 million (2024)
- Burundi — −US$688.51 million (2025)
- Cabo Verde — −US$943.55 million (2025)
- Cameroon — −US$983.96 million (2024)
- Comoros — −US$266.61 million (2023)
- Congo, Dem. Rep. — US$2.91 billion (2025)
- Congo, Rep. — US$4.73 billion (2021)
- Côte d'Ivoire
More economic policy & debt data for Gabon
- General government final consumption expenditure (current US$) — 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 trade in goods (current US$, BoP)?
- US$1.94 billion in 2015, according to the World Bank (World Development Indicators).
- How has it changed since 1978?
- It is up 158.58% from US$750.74 million in 1978 (2.6% a year on average, compounded). The highest value was US$6.96 billion in 2008 and the lowest US$95.09 million in 1986.
- Is the latest change in net trade in goods (current US$, BoP) unusual for Gabon?
- In 2015, Gabon's net trade in goods (current US$, BoP) fell 56.3% on 2014 (from US$4.44 billion to US$1.94 billion). Across the 30 yearly changes before that (1983 to 2014), the average change was +25.9% and a typical year strayed about 98% from that (the standard deviation). This year's change was 0.8 standard deviations below 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?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator BN.GSR.MRCH.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.
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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in