Gabon: Imports of goods and services (% of GDP)
In , Gabon's Imports of goods and services (% of GDP) was 27.47.
That's down 1.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Gabon ranks #116 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #23 of 39.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 33.28
- Trough
- 22.00
- 1-year change
- -1.0%
- 5-year change
- +24.9%
- +4.5% / yr
- 10-year change
- -5.3%
- -0.5% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 27.4685 | |
| 27.7504 | |
| 24.4844 | |
| 24.4092 | |
| 22.5146 | |
| 21.9970 | |
| 22.7375 | |
| 24.8420 | |
| 26.0980 | |
| 27.9178 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Gabon's Imports of goods and services (% of GDP) in 2024?
- In 2024, Gabon's Imports of goods and services (% of GDP) was 27.47, according to World Bank Open Data.
- Is Gabon's Imports of goods and services (% of GDP) rising or falling?
- Gabon's Imports of goods and services (% of GDP) fell 1.0% from 2023 to 2024.
- How does Gabon rank globally on Imports of goods and services (% of GDP)?
- In 2024, Gabon ranked #116 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Gabon's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Gabon is below the world average. Within Sub-Saharan Africa, it ranks #23 of 39.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.