Skip to main content

Laboratoire de la finance africaine

Gabon (CEMAC)

Aperçu 2023
Annual current GDP growth (%) : 2.082
GDP (USD billions) : 19.632
Population (Thousands) : 2.161 
Economic performance and outlook

While it contracted by 1.8 percent in 2020, Gabon's GDP growth rebounded to 1.3 percent in 2021. Inflation eased to 1.1 percent in 2021 from 1.3 percent in 2020. In March 2022, BEAC increased its interest rate on tenders from 3.5 percent to 4 percent and its marginal lending rate from 5.25 percent to 5.75 percent to rebuild regional foreign exchange reserves; from 2020 to 2021, these reserves increased from 3 months to 3.6 months of imports. The current account deficit narrowed from 6 percent in 2020 to 3.5 percent in 2021. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)

Financial markets

In the end of 2017, the banking sector of the Central African Economic and Monetary Community (CEMAC) (Gabon member of the CEMAC) represented a total asset of $ 14 billion.

Credit distributed to private sector in 2017 represents $ 13.4 billion.

Amounts invested by private equity represents $ 11 million.