Goods and services expense in Gabon
Gabon: Goods and services expense was 232.20 billion current LCU in 2021. ▼ Falling
Goods and services expense in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Gabon is 232.20 billion current LCU, measured in 2021.
The figure is up 14.8% on the previous year and down 29.2% over ten years.
Over the whole period, goods and services expense in Gabon peaked at 327.88 billion current LCU in 2012 and was at its lowest, 139.61 billion current LCU, in 2018.
Gabon ranks 48th of 155 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 223.46 billion current LCU | 139.61 billion current LCU | 327.88 billion current LCU | 8 |
| 2020s | 217.24 billion current LCU | 202.28 billion current LCU | 232.20 billion current LCU | 2 |
Countries ranked near Gabon
- 45 Afghanistan 276.17 billion current LCU compare
- 46 Dominican Republic 260.06 billion current LCU compare
- 47 Equatorial Guinea 239.40 billion current LCU compare
- 49 South Africa 205.65 billion current LCU compare
- 50 Czechia 205.44 billion current LCU compare
- 51 Mali 201.59 billion current LCU compare
More public sector data for Gabon
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 9.5% (2021)
- Taxes on income, profits and capital gains 23.9% (2021)
- Taxes on goods and services 14.0% (2021)
- Net investment in nonfinancial assets 2.5% (2021)
- Net lending (+) / net borrowing (-) -1.5% (2021)
- Interest payments 18.9% (2021)
- Grants and other revenue 35.6% (2021)
- Interest payments 20.4% (2021)
- Other taxes 5.1% (2021)
Frequently asked questions
- What is goods and services expense in Gabon?
- Goods and services expense in Gabon was 232.20 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Gabon?
- The highest recorded value was 327.88 billion current LCU in 2012.
- What is the lowest goods and services expense recorded in Gabon?
- The lowest recorded value was 139.61 billion current LCU in 2018.
- How does Gabon rank for goods and services expense?
- Gabon ranks 48th out of 155 countries with data for 2021.
- Is goods and services expense rising or falling in Gabon?
- Over the last ten years it is down 29.2%. The long-run trend across the full record is falling.
- Where does this Gabon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.