Gabon

Gabonese Republic

Region: Central Africa · ISO code: GAB

Economy

Nominal GDP

USD 20.6 billion

GDP per capita

USD 8,177

2021–2025 average

Currency

Name
Central African CFA franc
Франк КФА BEAC
ISO code
XAF
Rate against the US dollar
USD 1 = 579.64 XAF
Rate against the rouble
10 XAF = 1.4416 RUB
Rate type
Cross rate via the Bank of Russia USD/RUB rate
Currency zone
Central African CFA franc (XAF)
Note
fixed peg to the euro: 1 EUR = 655.957 CFA francs

Exchange rate as of 1 October 2026

Economic structure

GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average

  • Agriculture 6.7%
  • Industry 52.0%
  • Services 37.8%

Industries and programmes

Key industries
Oil and gas industry, mining industry, and forestry sector
Government programmes
  • National Growth and Development Plan (PNCD) 2026–2030
  • “Gabon 2050” strategy
  • Development of the SEZ in Nkok

International trade

Exports of goods, 2021–2025

USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025

Exports of goods, USD billion 0 5 10 15 2021 2022 2023 2024 2025 2021: 8.038.03 2022: 10.5 2023: 12.7 2024: 13.0 2025: 11.611.6 Exports of goods, USD billion 0 5 10 15 2021 2022 2023 2024 2025 2021: 8.038.03 2022: 10.5 2023: 12.7 2024: 13.0 2025: 11.611.6
Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 130.8 2023: 158.2 2024: 161.9 2025: 144.5144.5 Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 130.8 2023: 158.2 2024: 161.9 2025: 144.5144.5
Table
Exports of goods, 2021–2025: amount and index (2021 = 100)
YearUSD billionindex, 2021 = 100
20218.03100.0
202210.5130.8
202312.7158.2
202413.0161.9
202511.6144.5
Imports of goods
USD 3.60 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
Exports of goods and services
USD 11.9 billion 2025Source: World Bank, national accounts. Period: 2025
Change in exports of goods, 2021–2025
+44.5%
Average annual rate of change in exports of goods, 2021–2025
+9.6%

Export specialisation

Main export products

share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023

  • mineral fuels, oil and gas54.0%
  • ores and concentrates23.3%
  • ships and floating structures12.8%
  • wood and wood products6.6%
  • fats and oils0.8%

Main export destinations

share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023

  • China27.7%
  • France10.6%
  • Spain5.9%
  • Netherlands5.7%
  • Israel5.4%

Investment areas

  • Wood processing (ban on raw log exports)
  • Manganese processing
  • Oil and gas
  • Agribusiness
  • Ecotourism
  • Hydropower

Agreements with Russia

  • Investment protection

    There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.

    Absent

  • Double taxation

    There is no double taxation agreement with Russia.

    Absent

  • Visa requirements

    Russian citizens holding ordinary passports require a visa

    Visa required

  • Peaceful nuclear energy

    No information

Other agreements

Source: International Affairs magazine (https://interaffairs.ru/news/printable/20766)
  • 1980 — intergovernmental agreements on trade, economic and technical cooperation, and cultural and scientific cooperation.
  • 2002 — Agreement on Military-Technical Cooperation.
  • 2015 — Agreement on Cooperation in Combating Money Laundering.
  • 2016 — Agreement on Cooperation in Combating Illicit Trafficking in Narcotic Drugs, Psychotropic Substances and Their Precursors
  • Agreement on Mutual Assistance in Customs Matters — agreed and being prepared for signature (according to Russia’s Federal Customs Service).

Incentives

Main regimes and incentives

Investment Charter; special economic zone regime in Nkok (corporate income tax exemption for 10 years, and duty exemptions for equipment).

Sector-specific incentives are available under the general regime.

Type of measure
Tax holidaysDuty exemptionSpecial territorial regimes (SEZ)
Investment agency
ANPI-Gabon — National Investment Promotion Agency
Zone operator / authority
GSEZ — operator of the SEZ in Nkok