GABON

Sowing the seeds of debt

D3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

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GDP USD 14.21bn (World ranking 117, World Bank 2016)
Population 1.98 mn (World ranking 147, World Bank 2016)
Form of state Multiparty Presidential Republic
Head of government Ali Bongo Ondimba
Next elections 2021, Presidential
  • Relatively stable political environment
  • Good natural resource base; fourth largest oil reserves and second largest timber producer in Sub-Saharan Africa.
  • Upper middle income classification by the World Bank.
  • Membership of the CFA franc zone provides a relatively stable framework of monetary policy and reduces exchange rate and transfer risk.
  • IMF financing although with conditional implementation
  • Despite upper middle income status, levels of inequality and poverty are sources of potential social discord.
  • Lack of significant economic diversification results in high vulnerability to external shocks, especially oil changes.
  • Economic reform implementation is slow at times.
  • Infrastructure impediments and a still-difficult business environment limit economic growth potential.
  • Small and vulnerable banking sector.
  • High perceptions of corruption and weak judicial oversight.

Trade structure by destination/origin

(% of total)

Exports Rank Imports
United States 55%
1
25% France
China 9%
2
15% Belgium
Malaysia 6%
3
13% China
Netherlands 5%
4
7% Australia
Spain 4%
5
4% United States

Trade structure by product

(% of total)

Exports Rank Imports
Petroleum, petroleum products and related materials 79%
1
10% Road vehicles
Cork and wood 7%
2
9% Other industrial machinery and parts
Metalliferous ores and metal scrap 5%
3
8% Specialised machinery
Cork and wood manufactures (excluding furniture) 2%
4
6% Iron and steel
Other transport equipment 2%
5
5% Other transport equipment

Contact

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

Contact Stéphane Colliac

Senior Economist for France and Africa

stephane.colliac@eulerhermes.com 

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