Budget balance — all countries

Budget balance — Gabon

Budget balance in Gabon in 2031 — -11.8%. Ranked 185 in the world out of 188. Since 1990, the indicator has fallen by 8 pp.

2031 -11.8% −0.7 pp vs 2030
World rank 185of 188
Period maximum 11.1%2000
Period minimum -13.1%1998

Trend over time

1990–2031 · % of GDP

Budget balance — Gabon, 1990–2031-20-10010201990199520002005201020152020202520301990: -3.8%1991: -2%1992: -4.9%1993: -5.4%1994: -1.5%1995: 2.6%1996: 2.1%1997: 1.4%1998: -13.1%1999: 1.1%2000: 11.1%2001: 4.1%2002: 3.7%2003: 7.8%2004: 7%2005: 8%2006: 8.7%2007: 8.1%2008: 11%2009: 6.8%2010: 2.7%2011: 1.4%2012: 6.2%2013: -3.1%2014: 6%2015: -1.1%2016: -4.7%2017: -1.7%2018: -0.2%2019: 2.1%2020: -2.2%2021: -1.9%2022: -0.9%2023: 1.8%2024: -3.3%2025: -8.5%2026: -10%2027: -11.2%2028: -12%2029: -10.5%2030: -11.1%2031: -11.8%
Change over the period: −8 pp Annual average: -0.2 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Gabon

Gabon -11.8%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Middle Africa computed -2.47%
Budget balance — Gabon, by year Gabon All countries CSV XLSX
Year % Change, pp
2031 -11.8 −0.7 pp
2030 -11.1 −0.6 pp
2029 -10.5 +1.5 pp
2028 -12 −0.8 pp
2027 -11.2 −1.2 pp
2026 -10 −1.5 pp
2025 -8.5 −5.2 pp
2024 -3.3 −5.1 pp
2023 1.8 +2.7 pp
2022 -0.9 +1 pp
2021 -1.9 +0.3 pp
2020 -2.2 −4.3 pp
2019 2.1 +2.3 pp
2018 -0.2 +1.5 pp
2017 -1.7 +3 pp
2016 -4.7 −3.6 pp
2015 -1.1 −7.1 pp
2014 6 +9.1 pp
2013 -3.1 −9.3 pp
2012 6.2 +4.8 pp
2011 1.4 −1.3 pp
2010 2.7 −4.1 pp
2009 6.8 −4.2 pp
2008 11 +2.9 pp
2007 8.1 −0.6 pp
2006 8.7 +0.7 pp
2005 8 +1 pp
2004 7 −0.8 pp
2003 7.8 +4.1 pp
2002 3.7 −0.4 pp
2001 4.1 −7 pp
2000 11.1 +10 pp
1999 1.1 +14.2 pp
1998 -13.1 −14.5 pp
1997 1.4 −0.7 pp
1996 2.1 −0.5 pp
1995 2.6 +4.1 pp
1994 -1.5 +3.9 pp
1993 -5.4 −0.5 pp
1992 -4.9 −2.9 pp
1991 -2 +1.8 pp
1990 -3.8

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.