Gabon: Trade (% of GDP)
In , Gabon's Trade (% of GDP) was 92.05.
That's up 0.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Gabon ranks #69 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #12 of 39.
Source: World Bank Open Data (NE.TRD.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
- 92.34
- Trough
- 70.11
- 1-year change
- +0.6%
- 5-year change
- +25.4%
- +4.6% / yr
- 10-year change
- +25.2%
- +2.3% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 92.0468 | |
| 91.4787 | |
| 92.0631 | |
| 85.3483 | |
| 70.1141 | |
| 73.4281 | |
| 77.0366 | |
| 75.0687 | |
| 70.1334 | |
| 73.9498 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Gabon's Trade (% of GDP) in 2024?
- In 2024, Gabon's Trade (% of GDP) was 92.05, according to World Bank Open Data.
- Is Gabon's Trade (% of GDP) rising or falling?
- Gabon's Trade (% of GDP) rose 0.6% from 2023 to 2024.
- How does Gabon rank globally on Trade (% of GDP)?
- In 2024, Gabon ranked #69 out of 160 countries reporting Trade (% of GDP).
- How does Gabon's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Gabon is below the world average. Within Sub-Saharan Africa, it ranks #12 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS), CC BY 4.0.