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Economy of Gabon vs Honduras compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $37.1B for Honduras, ranking 127/197 and 104/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $17.5B (47.1% of GDP) in Honduras.

Gabon vs Honduras GDP by year

Gabon
Honduras
1x
Year GDP, current $
Gabon Honduras
2024 $20,895,684,426 $37,093,565,854
2023 $19,388,372,071 $34,355,805,528
2022 $20,440,655,695 $31,426,041,807
2021 $19,444,935,097 $28,144,331,507
2020 $15,342,236,164 $23,352,232,484
2019 $16,874,405,465 $24,882,225,742
2018 $16,867,326,402 $24,067,750,760
2017 $14,929,487,485 $23,136,247,991
2016 $14,023,890,265 $21,717,604,952
2015 $14,383,107,763 $20,979,791,685
2014 $18,203,966,896 $19,756,533,972
2013 $17,595,744,798 $18,499,729,215
2012 $17,170,464,016 $18,528,554,398
2011 $18,210,307,744 $17,710,275,685
2010 $14,372,593,020 $15,839,344,592
2009 $12,113,699,068 $14,587,496,229
2008 $15,571,348,344 $13,881,731,876
2007 $12,455,409,587 $12,361,257,681
2006 $10,327,598,306 $10,917,477,066
2005 $9,582,783,991 $9,757,012,697
2004 $7,770,219,008 $8,869,299,234
2003 $6,511,903,365 $8,230,391,347
2002 $5,335,451,100 $7,858,255,413
2001 $5,023,265,413 $7,651,162,302
2000 $5,080,483,629 $7,186,638,029
1999 $4,662,992,036 $6,394,090,592
1998 $4,483,417,310 $6,163,707,533
1997 $5,326,817,115 $5,569,178,707
1996 $5,694,040,003 $4,798,834,459
1995 $4,958,845,648 $4,672,346,194
1994 $4,190,819,344 $4,105,686,899
1993 $4,378,645,081 $4,190,773,622
1992 $5,592,390,827 $4,122,846,905
1991 $5,402,919,785 $3,699,381,195
1990 $5,952,293,765 $3,734,460,117
1989 $4,186,411,464 $4,375,896,552
1988 $3,834,503,376 $4,892,660,944
1987 $3,281,797,043 $5,024,800,000
1986 $3,403,638,189 $4,706,100,000
1985 $3,339,914,757 $4,328,300,000
1984 $3,561,451,561 $4,029,900,000
1983 $3,391,275,732 $3,840,550,000
1982 $3,618,007,841 $3,619,500,000
1981 $3,862,269,121 $3,501,800,000
1980 $4,279,637,942 $3,184,400,000
1979 $3,030,251,120 $2,778,900,000
1978 $2,389,479,272 $2,393,650,000
1977 $2,809,349,069 $1,900,700,000
1976 $3,009,409,974 $1,589,300,000
1975 $2,157,592,940 $1,330,050,000
1974 $1,544,216,002 $1,243,000,000
1973 $722,780,701 $1,128,299,436
1972 $430,508,359 $1,030,645,362
1971 $381,687,073 $958,450,000
1970 $323,802,476 $904,400,000
1969 $318,124,701 $844,400,000
1968 $294,468,564 $815,450,000
1967 $271,543,680 $750,950,000
1966 $245,849,781 $692,150,000
1965 $226,474,286 $651,050,000
1964 $215,679,855 $591,100,000
1963 $154,480,244 $553,500,000
1962 $182,796,536 $532,450,000
1961 $167,637,907 $503,300,000
1960 $141,468,978 $475,650,000

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Gabon vs Honduras by year

Gabon
GDP per capita

GDP per capita, PPP
Honduras
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Honduras
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $3,426 $7,486
2023 $7,803 $20,756 $3,227 $7,178
2022 $8,409 $19,993 $3,003 $6,805
2021 $8,181 $18,524 $2,735 $6,203
2020 $6,606 $14,477 $2,308 $5,385
2019 $7,441 $15,950 $2,502 $5,785
2018 $7,624 $15,432 $2,465 $5,633
2017 $6,922 $14,797 $2,413 $5,621
2016 $6,677 $13,998 $2,307 $5,186
2015 $7,047 $14,306 $2,271 $4,846
2014 $9,201 $14,854 $2,180 $4,460
2013 $9,198 $14,498 $2,081 $4,137
2012 $9,297 $14,620 $2,126 $4,016
2011 $10,219 $14,784 $2,074 $3,901
2010 $8,357 $14,015 $1,893 $3,758
2009 $7,291 $13,384 $1,781 $3,656
2008 $9,689 $13,734 $1,732 $3,806
2007 $8,004 $14,391 $1,578 $3,664
2006 $6,847 $13,637 $1,426 $3,438
2005 $6,548 $14,028 $1,305 $3,204
2004 $5,466 $13,638 $1,215 $3,001
2003 $4,711 $13,564 $1,156 $2,821
2002 $3,966 $13,369 $1,132 $2,715
2001 $3,836 $13,556 $1,132 $2,645
2000 $3,983 $13,326 $1,093 $2,587
1999 $3,751 $13,629 $999 $2,372
1998 $3,700 $15,138 $989 $2,152
1997 $4,509 $14,837 $917 $1,959
1996 $4,943 $14,147 $813 $1,617
1995 $4,415 $13,750 $814 $1,329
1994 $3,828 $13,164 $736 $1,074
1993 $4,106 $12,757 $773 $838
1992 $5,386 $12,312 $782 $741
1991 $5,345 $12,760 $722 $684
1990 $6,051 $11,952 $750 $540
1989 $4,374 - $904 -
1988 $4,119 - $1,039 -
1987 $3,624 - $1,098 -
1986 $3,865 - $1,058 -
1985 $3,898 - $1,001 -
1984 $4,273 - $960 -
1983 $4,182 - $942 -
1982 $4,584 - $914 -
1981 $5,026 - $912 -
1980 $5,718 - $854 -
1979 $4,155 - $769 -
1978 $3,360 - $683 -
1977 $4,048 - $559 -
1976 $4,441 - $482 -
1975 $3,258 - $417 -
1974 $2,384 - $401 -
1973 $1,140 - $375 -
1972 $693 - $353 -
1971 $627 - $338 -
1970 $543 - $329 -
1969 $545 - $316 -
1968 $515 - $314 -
1967 $482 - $298.2 -
1966 $443 - $282.9 -
1965 $415 - $273.9 -
1964 $400 - $255.9 -
1963 $290.7 - $246.6 -
1962 $348 - $244 -
1961 $323 - $237.3 -
1960 $276.1 - $230.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $3,426 in Honduras, ranking 136/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Honduras ranks 146th at $7,486.

Economic indicators

Gabon Honduras
Gross domestic product
$20.9B
2024
$37.1B
2024
GDP rank
127/197
2024
104/197
2024
GDP growth
3.39%
2023-2024
3.55%
2023-2024
GDP per capita
$8,230
2024
$3,426
2024
GDP per capita rank
93/197
2024
136/197
2024
GDP per capita, PPP
$21,510
2024
$7,486
2024
GDP per capita PPP rank
90/197
2024
146/197
2024
Government debt
$15.2B
2024
$17.5B
2024
Debt-to-GDP ratio
72.7%
2024
47.1%
2024
Government debt per person
$5,985
2024
$1,613
2024
Government debt per person rank
75/185
2024
126/185
2024
Average annual personal income after taxes
$5,368
2026
$4,901
2026
Income share by richest 10%
27.7%
2017
32.3%
2024
Income share by poorest 10%
2.2%
2017
1.2%
2024
Government expenditure, % of GDP
24.8%
2024
25.7%
2024
Consumer prices inflation
1.17%
2023-2024
4.61%
2023-2024
Central bank interest rate n/a
5.75%
2024
Unemployment rate
20.4%
2010
4.91%
2024
Population
2663339
11237619

Spending and national debt comparison by year

Gabon
Spending

Debt
Honduras
Spending

Debt
1x
Year % of GDP
Gabon Honduras
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 25.7% 47.1%
2023 21.5% 70.6% 27.2% 47.9%
2022 19.7% 65.6% 24% 51%
2021 17.3% 72.9% 28.8% 50.3%
2020 19.8% 83% 28.4% 52.5%
2019 17.4% 59.8% 25.9% 44.1%
2018 17.1% 62.3% 26.2% 43.5%
2017 18.1% 62.9% 26.9% 43.6%
2016 21.8% 64.5% 27.4% 40.3%
2015 22.3% 44.7% 26% 42.3%
2014 23.8% 34.1% 26.4% 43%
2013 34.7% 31.1% 28% 42.1%
2012 23.9% 21.4% 26.4% 32.4%
2011 22.1% 21.4% 25.9% 31.5%
2010 23.1% 21.3% 26.5% 28.9%
2009 22.6% 26% 28.4% 23.8%
2008 18.9% 20.1% 26.4% 22.3%
2007 19.4% 39.2% 24.4% 24%
2006 21.1% 34.9% 24.4% 39.2%
2005 20.8% 41.7% 23.6% 55.6%
2004 20.9% 60.3% 25.5% 60.9%
2003 21.2% 70.2% 26.4% 67.8%
2002 25.7% 81.1% 26.8% 64.2%
2001 27.8% 81% 25.1% 63.4%
2000 20.3% 72.5% 22.1% 65.8%
1999 25.5% 73.1% 23.3% 75.8%
1998 45.5% 87.6% 19.4% 67.4%
1997 29.7% 57% 19.4% 70.8%
1996 22.2% 64.5% 18.7% 64.6%
1995 25.1% 73.4% 17.2% 65.4%
1994 23.9% 71.3% 19.2% 86.4%
1993 26.9% 90.1% 23.7% 108%
1992 26.5% 87.9% 20.5% 116.5%
1991 25.1% 89.3% 18.8% 122.2%
1990 22.6% 90% 16.4% 200.3%
1989 - - 10.2% 68.4%
1988 - - 16% 71.7%
1987 - - 17.2% 73.6%
1986 - - 19.8% 69.9%
1985 - - 22.5% 65.7%
1984 - - 22.4% 60.5%
1983 - - 20.8% 57.6%
1982 - - 18.7% 54.3%
1981 - - 15.3% 48.1%
1980 - - 16.2% 41%
1979 - - 14.4% 36.1%
1978 - - 13.1% 32.8%
1977 - - 14.6% 28.2%
1976 - - 11.5% 26.5%
1975 - - 11.9% 24%
1974 - - 11.7% 18.5%
1973 - - 11.1% 16.6%
1972 - - 12.6% 16.8%
1971 - - 15.2% 19.8%
1970 - - 15.2% 17.2%
1969 - - 13.6% 13%
1968 - - 11.6% 9.75%
1967 - - 11.4% 9.72%
1966 - - 11.4% 9.47%
1965 - - 10.6% 8.97%
1964 - - 11.4% 9.78%
1963 - - 10.1% 9.02%
1962 - - 10.5% 8.54%
1961 - - 11.2% 8.22%
1960 - - 12.2% 8.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Honduras spent $9.52B, or 25.7% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 47.1% in Honduras, ranking 51/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Honduras
1x
Year Deficit/surplus, % of GDP
Gabon Honduras
2024 -3.84% -1.12%
2023 1.79% -1.96%
2022 -0.89% 1.57%
2021 -1.93% -3.17%
2020 -2.19% -4.58%
2019 2.13% 0.09%
2018 -0.21% 0.2%
2017 -1.7% -0.41%
2016 -4.71% -0.4%
2015 -1.12% -0.78%
2014 5.98% -2.81%
2013 -3.07% -5.48%
2012 6.2% -3.48%
2011 1.41% -2.94%
2010 2.7% -3.37%
2009 6.77% -4.86%
2008 11% -0.27%
2007 8.06% -0.25%
2006 8.67% -1.36%
2005 7.98% -0.03%
2004 6.99% -2.48%
2003 7.75% -5.09%
2002 3.72% -5.02%
2001 4.07% -3.12%
2000 11.1% 1.51%
1999 1.11% 1.38%
1998 -13.1% 2.89%
1997 1.41% 0.08%
1996 2.12% 0.13%
1995 2.64% -0.24%
1994 -1.53% -0.98%
1993 -5.35% -5.03%
1992 -4.9% -1.41%
1991 -2.03% -1.95%
1990 -3.83% -1.82%
1989 - 2.08%
1988 - -2.65%
1987 - -3.23%
1986 - -5.92%
1985 - -8.58%
1984 - -9.33%
1983 - -9.1%
1982 - -6.17%
1981 - -2.5%
1980 - -2.52%
1979 - -1.55%
1978 - -0.68%
1977 - -2.55%
1976 - -0.93%
1975 - -1.78%
1974 - -0.27%
1973 - -0.71%
1972 - -2.37%
1971 - -3.51%
1970 - -3.24%
1969 - -2.16%
1968 - -0.38%
1967 - -0.73%
1966 - -0.45%
1965 - 0.19%
1964 - -1.77%
1963 - -0.39%
1962 - -0.71%
1961 - -1.05%
1960 - -1.22%
1959 - -1.31%
1958 - -1.16%
1957 - -1.01%
1956 - -1.81%
1955 - -0.42%
1954 - -2.91%
1953 - -2.96%
1952 - -3.21%
1951 - -1.04%
1950 - -0.44%
1949 - -1.92%
1948 - 0.52%
1947 - -0.83%
1946 - 0.32%
1945 - 0%
1944 - -0.82%
1943 - -0.48%
1942 - 0%
1941 - -0.26%
1940 - -0.43%
1939 - -0.52%
1938 - -0.74%
1937 - -1.37%
1936 - -0.76%
1935 - 0%
1934 - 0.06%
1933 - 2.06%
1932 - -2.13%
1931 - -0.94%
1930 - -1.15%
1929 - -0.38%
1928 - 0.72%
1927 - 0.37%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20).

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

In 2024, Gabon's government deficit, the difference between spending and revenue, was $802M, equivalent to 3.84% of GDP. This compares to Honduras' deficit of $415M, or 1.12% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while Honduras ran a deficit in 27 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 1.62% of GDP for Honduras.

Inflation comparison by year

Inflation
Gabon

Honduras
1x
Year Consumer prices inflation
Gabon Honduras
2024 1.17% 4.61%
2023 3.63% 6.66%
2022 4.23% 9.09%
2021 1.09% 4.48%
2020 1.35% 3.47%
2019 2.46% 4.37%
2018 4.75% 4.35%
2017 2.65% 3.93%
2016 2.11% 2.72%
2015 -0.34% 3.16%
2014 4.69% 6.13%
2013 0.51% 5.16%
2012 2.65% 5.2%
2011 1.26% 6.76%
2010 1.46% 4.7%
2009 1.89% 5.5%
2008 5.26% 11.4%
2007 5.03% 6.94%
2006 -1.41% 5.58%
2005 3.71% 8.81%
2004 0.41% 8.11%
2003 2.24% 7.67%
2002 0.04% 7.69%
2001 2.14% 9.67%
2000 0.5% 11%
1999 -1.94% 11.7%
1998 1.45% 13.7%
1997 3.97% 20.2%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 7.24% in Honduras. In 2024, inflation was 1.17% in Gabon and 4.61% in Honduras.

Top exports between countries

Gabon
Export category Export value
Wood & paper products $107K
Honduras
Export category Export value

Balance of trade

Gabon Honduras
Current account balance
$141M
2015
-$1.65B
2024
Current account balance ranking
66/190
2015
137/190
2024
Current account balance, % of GDP
+0.98%
2015
-4.45%
2024
Goods imports
$3.17B
2015
$14.6B
2024
Goods exports
$5.11B
2015
$5.67B
2024
Service imports
$1.88B
2015
$3.67B
2024
Service exports
$277M
2015
$3.75B
2024
Imports of goods and services, % of GDP
27.5%
2024
57.6%
2024
Exports of goods and services, % of GDP
64.6%
2024
33.5%
2024

Economic freedom indices

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

Gabon Honduras
Economic freedom 56.6 59.1
Economic freedom ranking 120/197 105/197
Property rights 30 35.7
Government integrity 22.6 24.6
Judicial effectiveness 19.9 27.6
Tax burden 76.5 83.1
Government spending 85.5 80.3
Fiscal health 87.9 95.2
Business freedom 63.6 59.4
Labor freedom 55.4 37.9
Monetary freedom 80.9 70.1
Trade freedom 57.4 69.8
Investment freedom 60 65
Financial freedom 40 60

Economic freedom comparison by year

Gabon
Honduras
1x
Year Economic freedom index
Gabon Honduras
2026 56.6 59.1
2025 56.3 59.6
2024 56.9 58.6
2023 56.1 58.7
2022 55.8 59.5
2021 58.1 59.8
2020 56.7 61.1
2019 56.3 60.2
2018 58 60.6
2017 58.6 58.8
2016 59 57.7
2015 58.3 57.4
2014 57.8 57.1
2013 57.8 58.4
2012 56.4 58.8
2011 56.7 58.6
2010 55.4 58.3
2009 55 58.7
2008 54.2 58.9
2007 54.8 59.1
2006 56.1 57.4
2005 54.8 55.3
2004 57.1 55.3
2003 58.7 60.4
2002 58 58.7
2001 55 57
2000 58.2 57.6
1999 60.5 56.7
1998 59.2 56.2
1997 58.8 56
1996 55.7 56.6
1995 57.5 57

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 59.1 for Honduras, ranking 105/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Honduras
Services, % of GDP
36.8%
2024
58.4%
2024
Industry, % of GDP
52.9%
2024
26.1%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
11.2%
2024
GNI, Atlas method
$19.8B
2024
$32.7B
2024
GNI per capita, PPP
$20,400
2024
$6,900
2024
Total reserves including gold
$1.45B
2023
$8.04B
2024
Total reserves ranking
136/177
2023
84/177
2024
Net foreign direct investment
-$25.3M
2015
-$620M
2024
Net inflows of foreign direct investment
$1.14B
2024
$1.31B
2024
Net outflows of foreign direct investment
-$33.8M
2019
$689M
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
5.23%
2024
Poverty at national poverty lines
33.4%
2017
62.9%
2024
Gross capital formation, % of GDP
19.1%
2024
22.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2023, retrieved 2026-02-08)

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.