Introduction
Background
Gabon became independent from France in 1960. Despite constrained political conditions, Gabon's small population, abundant natural resources, and considerable foreign support have helped make it one of the more stable African countries.
Geography
Area
total: 267,667 sq km
land: 257,667 sq km
water: 10,000 sq km
Climate
tropical; always hot, humid
Natural resources
petroleum, natural gas, diamond, niobium, manganese, uranium, gold, timber, iron ore, hydropower
People and Society
Population
2,397,368 (2023 est.)
Ethnic groups
Gabonese-born 80.1% (includes Fang 23.2%, Shira-Punu/Vili 18.9%, Nzabi-Duma 11.3%, Mbede-Teke 6.9%, Myene 5%, Kota-Kele 4.9%, Okande-Tsogo 2.1%, Pygmy 0.3%, other 7.5%), Cameroonian 4.6%, Malian 2.4%, Beninese 2.1%, acquired Gabonese nationality 1.6%, Togolese 1.6%, Senegalese 1.1%, Congolese (Brazzaville) 1%, other 5.5% (includes Congolese (Kinshasa), Equatorial Guinean, Nigerian) (2012 est.)
Languages
French (official), Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi
Religions
Roman Catholic 42.3%, Protestant 12.3%, other Christian 27.4%, Muslim 9.8%, animist 0.6%, other 0.5%, none/no answer 7.1% (2012 est.)
Population growth rate
2.39% (2023 est.)
Government
Government type
presidential republic
Capital
name: Libreville
Executive branch
chief of state: Transitional President Gen. Brice OLIGUI Nguema (since 4 September 2023); note - on 30 August 2023, Gen. Brice OLIGUI Nguema led a military group called the Committee for the Transition and Restoration of Institutions in a coup in which President Ali BONGO Ondimba was arrested and detained, election results were canceled, and state institutions dissolved; on 4 September 2023, Gen. OLIGUI was sworn in as transitional president
note- the military government announced on 13 November 2023 that presidential and legislative elections will be held in August 2025
head of government: Interim Prime Minister Raymond Ndong SIMA (since 8 September 2023)
Legislative branch
description:
Transitional Parliament (formerly the bicameral Parliament) consists of:
Senate (70 seats; members appointed by Transitional president; member term NA)
National Assembly (98 seats; members appointed by the Transitional president; member term NA)
note - all members represent legally recognized political parties or leading political figures, civil society, and defense and security forces
Economy
Economic overview
natural resource-rich, upper-middle-income, Central African economy; sparsely populated but high urbanization; young labor force; oil, manganese, and rubber exporter; foreign investment dependent; data integrity issue on poverty and income
Real GDP (purchasing power parity)
$32.34 billion (2021 est.)
$31.874 billion (2020 est.)
$32.471 billion (2019 est.)
Real GDP per capita
$13,800 (2021 est.)
$13,900 (2020 est.)
$14,500 (2019 est.)
Agricultural products
plantains, cassava, sugar cane, yams, taro, vegetables, maize, groundnuts, game meat, rubber
Industries
petroleum extraction and refining; manganese, gold; chemicals, ship repair, food and beverages, textiles, lumbering and plywood, cement
Remittances
0.12% of GDP (2020 est.)
0.11% of GDP (2019 est.)
0.11% of GDP (2018 est.)
Exports
$10.8 billion (2019 est.)
$9.533 billion (2018 est.)
$9.145 billion (2017 est.)
Exports - partners
China 63%, Singapore 5% (2019)
Exports - commodities
crude petroleum, manganese, lumber, veneer sheeting, refined petroleum (2021)
Imports
$5.02 billion (2019 est.)
$4.722 billion (2018 est.)
$4.749 billion (2017 est.)
Imports - partners
France 22%, China 17%, Belgium 6%, United States 6%, United Arab Emirates 5% (2019)
Imports - commodities
poultry meats, excavation machinery, packaged medicines, cars, rice (2019)
Exchange rates
Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar -
Exchange rates:
554.531 (2021 est.)
575.586 (2020 est.)
585.911 (2019 est.)
555.446 (2018 est.)
580.657 (2017 est.)
Page last updated: Tuesday, December 12, 2023