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Economy of Gabon vs Grenada compared: GDP & Debt

Updated on by Georank

Gabon has a GDP of $21.4B compared to $1.42B for Grenada, ranking 132/197 and 184/197 by economy size, respectively.

Gabon has $16.9B in government debt (78.9% of GDP), compared to $1.02B (71.6% of GDP) in Grenada.

Gabon vs Grenada GDP by year

Gabon
Grenada
1x
Year GDP, current $
Gabon Grenada
2025 $21,427,119,323 $1,420,173,229
2024 $20,895,684,426 $1,351,270,370
2023 $19,388,372,071 $1,336,418,519
2022 $20,440,655,695 $1,224,007,407
2021 $19,444,935,097 $1,122,222,222
2020 $15,342,236,164 $1,043,411,111
2019 $16,874,405,465 $1,213,485,185
2018 $16,867,326,402 $1,166,514,815
2017 $14,929,487,485 $1,125,685,185
2016 $14,023,890,265 $1,061,640,741
2015 $14,383,107,763 $997,007,407
2014 $18,203,966,896 $911,496,296
2013 $17,595,744,798 $842,618,519
2012 $17,170,464,016 $799,881,481
2011 $18,210,307,744 $778,655,556
2010 $14,372,593,020 $771,014,815
2009 $12,113,699,068 $771,275,556
2008 $15,571,348,344 $825,976,037
2007 $12,455,409,587 $758,683,593
2006 $10,327,598,306 $698,700,667
2005 $9,582,783,991 $695,555,556
2004 $7,770,219,008 $599,118,593
2003 $6,511,903,365 $591,018,407
2002 $5,335,451,100 $540,336,926
2001 $5,023,265,413 $520,444,185
2000 $5,080,483,629 $520,044,370
1999 $4,662,992,036 $482,009,370
1998 $4,483,417,310 $445,903,593
1997 $5,326,817,115 $392,190,593
1996 $5,694,040,003 $366,911,444
1995 $4,958,845,648 $342,172,519
1994 $4,190,819,344 $325,111,815
1993 $4,378,645,081 $309,812,185
1992 $5,592,390,827 $310,160,444
1991 $5,402,919,785 $300,757,889
1990 $5,952,293,765 $278,098,763
1989 $4,186,411,464 $267,327,642
1988 $3,834,503,376 $236,357,524
1987 $3,281,797,043 $215,009,570
1986 $3,403,638,189 $187,589,523
1985 $3,339,914,757 $167,728,455
1984 $3,561,451,561 $145,533,311
1983 $3,391,275,732 $131,803,552
1982 $3,618,007,841 $125,435,590
1981 $3,862,269,121 $115,651,919
1980 $4,279,637,942 $110,900,457
1979 $3,030,251,120 $102,244,362
1978 $2,389,479,272 $88,322,386
1977 $2,809,349,069 $71,494,495
1976 $3,009,409,974 -
1975 $2,157,592,940 -
1974 $1,544,216,002 -
1973 $722,780,701 -
1972 $430,508,359 -
1971 $381,687,073 -
1970 $323,802,476 -
1969 $318,124,701 -
1968 $294,468,564 -
1967 $271,543,680 -
1966 $245,849,781 -
1965 $226,474,286 -
1964 $215,679,855 -
1963 $154,480,244 -
1962 $182,796,536 -
1961 $167,637,907 -
1960 $141,468,978 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/gabon/grenada | CC BY

GDP per capita in Gabon vs Grenada by year

Gabon
GDP per capita

GDP per capita, PPP
Grenada
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Grenada
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,263 - $12,107 -
2024 $8,230 $21,510 $11,529 $20,178
2023 $7,803 $20,756 $11,414 $18,971
2022 $8,409 $19,993 $10,469 $17,544
2021 $8,181 $18,524 $9,617 $15,290
2020 $6,606 $14,477 $8,969 $14,361
2019 $7,441 $15,950 $10,463 $16,446
2018 $7,624 $15,432 $10,083 $15,975
2017 $6,922 $14,797 $9,751 $15,041
2016 $6,677 $13,998 $9,221 $13,978
2015 $7,047 $14,306 $8,694 $13,214
2014 $9,201 $14,854 $7,986 $12,229
2013 $9,198 $14,498 $7,425 $11,199
2012 $9,297 $14,620 $7,093 $10,575
2011 $10,219 $14,784 $6,947 $10,592
2010 $8,357 $14,015 $6,910 $10,344
2009 $7,291 $13,384 $6,933 $10,303
2008 $9,689 $13,734 $7,448 $11,001
2007 $8,004 $14,391 $6,865 $10,728
2006 $6,847 $13,637 $6,344 $9,877
2005 $6,548 $14,028 $6,339 $10,016
2004 $5,466 $13,638 $5,480 $8,606
2003 $4,711 $13,564 $5,428 $8,469
2002 $3,966 $13,369 $4,984 $7,621
2001 $3,836 $13,556 $4,820 $7,283
2000 $3,983 $13,326 $4,840 $7,306
1999 $3,751 $13,629 $4,516 $6,857
1998 $3,700 $15,138 $4,206 $6,368
1997 $4,509 $14,837 $3,725 $5,673
1996 $4,943 $14,147 $3,508 $5,347
1995 $4,415 $13,750 $3,294 $5,062
1994 $3,828 $13,164 $3,152 $4,889
1993 $4,106 $12,757 $3,026 $4,742
1992 $5,386 $12,312 $3,053 $4,761
1991 $5,345 $12,760 $2,984 $4,733
1990 $6,051 $11,952 $2,782 $4,553
1989 $4,374 - $2,697 -
1988 $4,119 - $2,404 -
1987 $3,624 - $2,205 -
1986 $3,865 - $1,938 -
1985 $3,898 - $1,745 -
1984 $4,273 - $1,524 -
1983 $4,182 - $1,388 -
1982 $4,584 - $1,329 -
1981 $5,026 - $1,230 -
1980 $5,718 - $1,173 -
1979 $4,155 - $1,071 -
1978 $3,360 - $917 -
1977 $4,048 - $737 -
1976 $4,441 - - -
1975 $3,258 - - -
1974 $2,384 - - -
1973 $1,140 - - -
1972 $693 - - -
1971 $627 - - -
1970 $543 - - -
1969 $545 - - -
1968 $515 - - -
1967 $482 - - -
1966 $443 - - -
1965 $415 - - -
1964 $400 - - -
1963 $290.7 - - -
1962 $348 - - -
1961 $323 - - -
1960 $276.1 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/gabon/grenada | CC BY

Gabon's GDP per capita is $8,263, ranking 96/197, compared to $12,107 in Grenada, ranking 82/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Grenada ranks 96th at $20,178.

Economic indicators

Gabon Grenada
Gross domestic product
$21.4B
2025
$1.42B
2025
GDP rank
132/197
2025
184/197
2025
GDP growth
2.47%
2024-2025
4.41%
2024-2025
GDP per capita
$8,263
2025
$12,107
2025
GDP per capita rank
96/197
2025
82/197
2025
GDP per capita, PPP
$21,510
2024
$20,178
2024
GDP per capita PPP rank
90/197
2024
96/197
2024
Government debt
$16.9B
2025
$1.02B
2025
Debt-to-GDP ratio
78.9%
2025
71.6%
2025
Government debt per person
$6,521
2025
$8,671
2025
Government debt per person rank
74/185
2025
65/185
2025
Average annual personal income after taxes
$5,617
2026
$11,184
2026
Income share by richest 10%
27.7%
2017
33.7%
2018
Income share by poorest 10%
2.2%
2017
2.1%
2018
Government expenditure, % of GDP
28.6%
2025
39.1%
2025
Consumer prices inflation
1.77%
2024-2025
0.61%
2024-2025
Unemployment rate
17.4%
2024
6.34%
2023
Population
2676097
117405

Spending and national debt comparison by year

Gabon
Spending

Debt
Grenada
Spending

Debt
1x
Year % of GDP
Gabon Grenada
Government spending Government debt Government spending Government debt
2025 28.6% 78.9% 39.1% 71.6%
2024 24.8% 70.9% 38.3% 75.1%
2023 21.5% 70.6% 28.7% 74.5%
2022 19.7% 65.6% 32% 79.3%
2021 17.3% 72.9% 31.3% 86.6%
2020 19.8% 83% 32.7% 89.5%
2019 17.4% 59.8% 21.6% 62.7%
2018 17.1% 62.3% 22.1% 68.5%
2017 18.1% 62.9% 22.6% 70.3%
2016 21.8% 64.5% 23.5% 81.6%
2015 22.3% 44.7% 25.3% 90.1%
2014 23.8% 34.1% 28.7% 99.3%
2013 34.7% 31.1% 28.1% 105.4%
2012 23.9% 21.4% 26.2% 101.5%
2011 22.1% 21.4% 28.3% 102.8%
2010 23.1% 21.3% 28% 96.2%
2009 22.6% 26% 27.2% 91.1%
2008 18.9% 20.1% 27.9% 83.9%
2007 19.4% 39.2% 27.7% 89.1%
2006 21.1% 34.9% 32.4% 92.9%
2005 20.8% 41.7% 26.6% 87.3%
2004 20.9% 60.3% 24.7% 94.7%
2003 21.2% 70.2% 28.7% 79.6%
2002 25.7% 81.1% 35.7% 79.1%
2001 27.8% 81% 29.6% 44.6%
2000 20.3% 72.5% 25.6% 41.6%
1999 25.5% 73.1% 23.7% 34.5%
1998 45.5% 87.6% 25.3% 40.3%
1997 29.7% 57% 26.6% 41.4%
1996 22.2% 64.5% 26.3% 43.9%
1995 25.1% 73.4% 23.2% 43.1%
1994 23.9% 71.3% 24.7% 45.7%
1993 26.9% 90.1% 23.1% 45.3%
1992 26.5% 87.9% 21.8% 40.1%
1991 25.1% 89.3% 26.8% 42%
1990 22.6% 90% 29% 46.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-07-08).

GeoRank.org/economy/gabon/grenada | CC BY

In 2025, Gabon's government spending was $6.14B, accounting for 28.6% of its GDP, while Grenada spent $556M, or 39.1% of GDP.

Debt-to-GDP ratio is 78.9% in Gabon and 71.6% in Grenada, ranking 44/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Grenada
1x
Year Deficit/surplus, % of GDP
Gabon Grenada
2025 -8.47% -5.01%
2024 -3.3% 6.88%
2023 1.79% 7.94%
2022 -0.89% 0.93%
2021 -1.93% 0.33%
2020 -2.19% -4.55%
2019 2.13% 4.96%
2018 -0.21% 4.92%
2017 -1.7% 3.02%
2016 -4.71% 2.69%
2015 -1.12% -0.8%
2014 5.98% -4.2%
2013 -3.07% -7.25%
2012 6.2% -5.44%
2011 1.41% -4.86%
2010 2.7% -4.07%
2009 6.77% -4.4%
2008 11% -3.72%
2007 8.06% -5.91%
2006 8.67% -5.23%
2005 7.98% 0.9%
2004 6.99% -0.57%
2003 7.75% -2.81%
2002 3.72% -13.9%
2001 4.07% -6.05%
2000 11.1% -2.07%
1999 1.11% -1.7%
1998 -13.1% -2.39%
1997 1.41% -4.94%
1996 2.12% -3.02%
1995 2.64% -0.46%
1994 -1.53% -2.85%
1993 -5.35% -0.16%
1992 -4.9% -1.46%
1991 -2.03% -4.34%
1990 -3.83% -7.78%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/gabon/grenada | CC BY

In 2025, Gabon's government deficit, the difference between spending and revenue, was $1.82B, equivalent to 8.47% of GDP. This compares to Grenada's deficit of $71.1M, or 5.01% of GDP.

Over the past 36 years, Gabon recorded a fiscal deficit in 16 of those years, while Grenada ran a deficit in 27 years. On average, Gabon posted an annual surplus equal to 1.26% of GDP, compared to deficit of 2.15% of GDP for Grenada.

Inflation comparison by year

Inflation
Gabon

Grenada
1x
Year Consumer prices inflation
Gabon Grenada
2025 1.77% 0.61%
2024 1.17% 1.09%
2023 3.63% 2.7%
2022 4.23% 2.58%
2021 1.09% 1.22%
2020 1.35% -0.74%
2019 2.46% 0.6%
2018 4.75% 0.8%
2017 2.65% 0.91%
2016 2.11% 1.65%
2015 -0.34% -0.52%
2014 4.69% -0.98%
2013 0.51% -0.04%
2012 2.65% 2.41%
2011 1.26% 3.03%
2010 1.46% 3.44%
2009 1.89% -0.31%
2008 5.26% 8.03%
2007 5.03% 3.86%
2006 -1.41% 4.25%
2005 3.71% 3.48%
2004 0.41% 2.31%
2003 2.24% 2.15%
2002 0.04% 1.07%
2001 2.14% 3.14%
2000 0.5% 2.18%
1999 -1.94% 0.58%
1998 1.45% 1.38%
1997 3.97% 1.24%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/gabon/grenada | CC BY

Over the past 29 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 1.8% in Grenada. In 2025, inflation was 1.77% in Gabon and 0.61% in Grenada.

Top exports between countries

Gabon
Export category Export value
Grenada
Export category Export value
Processed food, beverages & tobacco $95K

Balance of trade

Gabon Grenada
Current account balance
$141M
2015
-$328M
2025
Current account balance ranking
61/190
2015
97/190
2025
Current account balance, % of GDP
+0.98%
2015
-23.1%
2025
Goods imports
$3.17B
2015
$612M
2025
Goods exports
$5.11B
2015
$67.4M
2025
Service imports
$1.88B
2015
$397M
2025
Service exports
$277M
2015
$756M
2025
Imports of goods and services, % of GDP
29.4%
2025
n/a
Exports of goods and services, % of GDP
55.5%
2025
16%
2026

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Gabon Grenada
Economic freedom 56.6 63
Economic freedom ranking 120/197 84/197
Property rights 30 n/a
Government integrity 22.6 n/a
Judicial effectiveness 19.9 n/a
Tax burden 76.5 n/a
Government spending 85.5 n/a
Fiscal health 87.9 n/a
Business freedom 63.6 n/a
Labor freedom 55.4 n/a
Monetary freedom 80.9 n/a
Trade freedom 57.4 n/a
Investment freedom 60 n/a
Financial freedom 40 n/a

Other economic metrics

Gabon Grenada
Services, % of GDP
42.3%
2025
64.9%
2025
Industry, % of GDP
47.2%
2025
15.5%
2025
Agriculture, forestry, and fishing, % of GDP
6.75%
2025
2.54%
2025
GNI, Atlas method
$21B
2025
$1.37B
2025
GNI per capita, PPP
$21,660
2025
$20,170
2025
Total reserves including gold
$639M
2024
$408M
2025
Total reserves ranking
150/177
2024
164/177
2025
Net foreign direct investment
-$25.3M
2015
-$174M
2025
Net inflows of foreign direct investment
$1.14B
2024
$164M
2024
Net outflows of foreign direct investment
-$33.8M
2019
-$4.02M
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
3.4%
2024
Poverty at national poverty lines
33.4%
2017
38%
2020
Gross capital formation, % of GDP
24.8%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/gabon/grenada | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  9. TradeMap (2021, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.