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Economy of Gabon vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $87.1B for Ivory Coast, ranking 127/197 and 77/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

Gabon vs Ivory Coast GDP by year

Gabon
Ivory Coast
1x
Year GDP, current $
Gabon Ivory Coast
2024 $20,895,684,426 $87,113,179,149
2023 $19,388,372,071 $80,780,312,569
2022 $20,440,655,695 $70,922,824,814
2021 $19,444,935,097 $72,794,636,654
2020 $15,342,236,164 $63,027,852,805
2019 $16,874,405,465 $60,382,894,697
2018 $16,867,326,402 $58,522,477,787
2017 $14,929,487,485 $52,512,343,997
2016 $14,023,890,265 $48,407,761,037
2015 $14,383,107,763 $45,815,005,169
2014 $18,203,966,896 $48,843,005,614
2013 $17,595,744,798 $42,760,235,485
2012 $17,170,464,016 $36,302,302,877
2011 $18,210,307,744 $36,693,710,801
2010 $14,372,593,020 $34,936,307,980
2009 $12,113,699,068 $33,886,813,250
2008 $15,571,348,344 $34,078,240,293
2007 $12,455,409,587 $28,760,090,953
2006 $10,327,598,306 $25,281,413,263
2005 $9,582,783,991 $24,036,918,703
2004 $7,770,219,008 $23,510,575,681
2003 $6,511,903,365 $21,251,754,340
2002 $5,335,451,100 $18,054,383,321
2001 $5,023,265,413 $16,810,537,044
2000 $5,080,483,629 $16,577,533,892
1999 $4,662,992,036 $18,870,992,456
1998 $4,483,417,310 $19,619,654,756
1997 $5,326,817,115 $18,047,558,038
1996 $5,694,040,003 $18,071,152,831
1995 $4,958,845,648 $11,000,146,267
1994 $4,190,819,344 $8,313,557,510
1993 $4,378,645,081 $11,045,760,288
1992 $5,592,390,827 $11,152,971,274
1991 $5,402,919,785 $10,492,628,581
1990 $5,952,293,765 $10,795,850,583
1989 $4,186,411,464 $9,757,410,645
1988 $3,834,503,376 $10,255,169,806
1987 $3,281,797,043 $10,087,654,465
1986 $3,403,638,189 $9,158,302,100
1985 $3,339,914,757 $6,977,650,644
1984 $3,561,451,561 $6,841,639,247
1983 $3,391,275,732 $6,838,184,773
1982 $3,618,007,841 $7,567,110,849
1981 $3,862,269,121 $8,432,589,942
1980 $4,279,637,942 $10,175,617,609
1979 $3,030,251,120 $9,142,933,967
1978 $2,389,479,272 $7,900,526,298
1977 $2,809,349,069 $6,265,068,189
1976 $3,009,409,974 $4,662,053,825
1975 $2,157,592,940 $3,893,839,190
1974 $1,544,216,002 $3,070,152,309
1973 $722,780,701 $2,508,421,426
1972 $430,508,359 $1,849,400,402
1971 $381,687,073 $1,584,128,509
1970 $323,802,476 $1,455,482,795
1969 $318,124,701 $1,361,360,293
1968 $294,468,564 $1,281,281,277
1967 $271,543,680 $1,082,922,725
1966 $245,849,781 $1,024,102,880
1965 $226,474,286 $919,771,229
1964 $215,679,855 $921,063,327
1963 $154,480,244 $761,047,198
1962 $182,796,536 $645,284,474
1961 $167,637,907 $618,245,634
1960 $141,468,978 $546,203,559

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

GeoRank.org/economy/gabon/ivory-coast | CC BY

GDP per capita in Gabon vs Ivory Coast by year

Gabon
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $2,728 $7,669
2023 $7,803 $20,756 $2,592 $7,237
2022 $8,409 $19,993 $2,333 $6,719
2021 $8,181 $18,524 $2,456 $6,045
2020 $6,606 $14,477 $2,180 $5,544
2019 $7,441 $15,950 $2,142 $5,516
2018 $7,624 $15,432 $2,131 $4,946
2017 $6,922 $14,797 $1,964 $4,690
2016 $6,677 $13,998 $1,863 $4,531
2015 $7,047 $14,306 $1,815 $4,404
2014 $9,201 $14,854 $1,991 $4,074
2013 $9,198 $14,498 $1,786 $3,619
2012 $9,297 $14,620 $1,547 $3,291
2011 $10,219 $14,784 $1,597 $3,176
2010 $8,357 $14,015 $1,554 $3,361
2009 $7,291 $13,384 $1,540 $3,177
2008 $9,689 $13,734 $1,584 $3,116
2007 $8,004 $14,391 $1,368 $2,985
2006 $6,847 $13,637 $1,230 $2,942
2005 $6,548 $14,028 $1,198 $2,842
2004 $5,466 $13,638 $1,200 $2,794
2003 $4,711 $13,564 $1,111 $2,702
2002 $3,966 $13,369 $968 $2,851
2001 $3,836 $13,556 $925 $2,962
2000 $3,983 $13,326 $937 $3,041
1999 $3,751 $13,629 $1,096 $3,065
1998 $3,700 $15,138 $1,177 $3,086
1997 $4,509 $14,837 $1,125 $3,040
1996 $4,943 $14,147 $1,170 $2,832
1995 $4,415 $13,750 $740 $2,683
1994 $3,828 $13,164 $582 $2,551
1993 $4,106 $12,757 $804 $2,577
1992 $5,386 $12,312 $845 $2,625
1991 $5,345 $12,760 $827 $2,677
1990 $6,051 $11,952 $886 $2,693
1989 $4,374 - $833 -
1988 $4,119 - $910 -
1987 $3,624 - $930 -
1986 $3,865 - $877 -
1985 $3,898 - $695 -
1984 $4,273 - $709 -
1983 $4,182 - $737 -
1982 $4,584 - $849 -
1981 $5,026 - $986 -
1980 $5,718 - $1,238 -
1979 $4,155 - $1,157 -
1978 $3,360 - $1,039 -
1977 $4,048 - $856 -
1976 $4,441 - $661 -
1975 $3,258 - $575 -
1974 $2,384 - $474 -
1973 $1,140 - $406 -
1972 $693 - $313 -
1971 $627 - $280.3 -
1970 $543 - $269 -
1969 $545 - $262.2 -
1968 $515 - $256.8 -
1967 $482 - $225.6 -
1966 $443 - $221.8 -
1965 $415 - $207 -
1964 $400 - $215.5 -
1963 $290.7 - $185.1 -
1962 $348 - $163.1 -
1961 $323 - $162.3 -
1960 $276.1 - $148.7 -

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

GeoRank.org/economy/gabon/ivory-coast | CC BY

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Gabon Ivory Coast
Gross domestic product
$20.9B
2024
$87.1B
2024
GDP rank
127/197
2024
77/197
2024
GDP growth
3.39%
2023-2024
6.02%
2023-2024
GDP per capita
$8,230
2024
$2,728
2024
GDP per capita rank
93/197
2024
142/197
2024
GDP per capita, PPP
$21,510
2024
$7,669
2024
GDP per capita PPP rank
90/197
2024
145/197
2024
Government debt
$15.2B
2024
$51.6B
2024
Debt-to-GDP ratio
72.7%
2024
59.3%
2024
Government debt per person
$5,985
2024
$1,616
2024
Government debt per person rank
75/185
2024
125/185
2024
Average annual personal income after taxes
$5,368
2026
$2,733
2026
Market capitalization of domestic companies n/a
$7.33B
2020
Income share by richest 10%
27.7%
2017
27.8%
2021
Income share by poorest 10%
2.2%
2017
3.1%
2021
Government expenditure, % of GDP
24.8%
2024
20.4%
2024
Consumer prices inflation
1.17%
2023-2024
3.45%
2023-2024
Unemployment rate
20.4%
2010
2.31%
2022
Population
2663339
33722528

Spending and national debt comparison by year

Gabon
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Gabon Ivory Coast
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 20.4% 59.3%
2023 21.5% 70.6% 21.3% 57.5%
2022 19.7% 65.6% 21.9% 56%
2021 17.3% 72.9% 20.5% 50.2%
2020 19.8% 83% 20.4% 46.3%
2019 17.4% 59.8% 17.2% 37.2%
2018 17.1% 62.3% 17.6% 35.3%
2017 18.1% 62.9% 18.1% 32.6%
2016 21.8% 64.5% 17.6% 31.1%
2015 22.3% 44.7% 16.5% 29.2%
2014 23.8% 34.1% 15.2% 26.7%
2013 34.7% 31.1% 15.9% 24.6%
2012 23.9% 21.4% 16.1% 24.7%
2011 22.1% 21.4% 13.2% 50%
2010 23.1% 21.3% 14.5% 45.6%
2009 22.6% 26% 14.4% 46.5%
2008 18.9% 20.1% 14.6% 51.2%
2007 19.4% 39.2% 14.8% 53.5%
2006 21.1% 34.9% 14.5% 57.5%
2005 20.8% 41.7% 13.6% 58.2%
2004 20.9% 60.3% 13.5% 56.7%
2003 21.2% 70.2% 12.7% 56.4%
2002 25.7% 81.1% 13.1% 63%
2001 27.8% 81% 11.4% 71.2%
2000 20.3% 72.5% 12.9% 74%
1999 25.5% 73.1% 13.7% 78%
1998 45.5% 87.6% 14.6% 75.2%
1997 29.7% 57% 15.2% 84.2%
1996 22.2% 64.5% - -
1995 25.1% 73.4% - -
1994 23.9% 71.3% - -
1993 26.9% 90.1% - -
1992 26.5% 87.9% - -
1991 25.1% 89.3% - -
1990 22.6% 90% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/gabon/ivory-coast | CC BY

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 59.3% in Ivory Coast, ranking 51/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Gabon Ivory Coast
2024 -3.84% -3.97%
2023 1.79% -5.19%
2022 -0.89% -6.74%
2021 -1.93% -4.86%
2020 -2.19% -5.42%
2019 2.13% -2.22%
2018 -0.21% -2.9%
2017 -1.7% -3.27%
2016 -4.71% -2.98%
2015 -1.12% -2.04%
2014 5.98% -1.57%
2013 -3.07% -1.62%
2012 6.2% -2.28%
2011 1.41% -2.89%
2010 2.7% -1.34%
2009 6.77% -1%
2008 11% -0.21%
2007 8.06% -0.39%
2006 8.67% -1.03%
2005 7.98% -1.03%
2004 6.99% -1.04%
2003 7.75% -1.26%
2002 3.72% -0.64%
2001 4.07% 0.7%
2000 11.1% -0.83%
1999 1.11% -1.27%
1998 -13.1% -0.7%
1997 1.41% -0.75%
1996 2.12% -
1995 2.64% -
1994 -1.53% -
1993 -5.35% -
1992 -4.9% -
1991 -2.03% -
1990 -3.83% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/gabon/ivory-coast | 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 Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 28 years, Gabon recorded a fiscal deficit in 10 of those years, while Ivory Coast ran a deficit in 27 years. On average, Gabon posted an annual surplus equal to 2.36% of GDP, compared to deficit of 2.1% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Gabon

Ivory Coast
1x
Year Consumer prices inflation
Gabon Ivory Coast
2024 1.17% 3.45%
2023 3.63% 4.37%
2022 4.23% 5.23%
2021 1.09% 4.16%
2020 1.35% 2.41%
2019 2.46% 0.79%
2018 4.75% 0.4%
2017 2.65% 0.69%
2016 2.11% 0.72%
2015 -0.34% 1.25%
2014 4.69% 0.45%
2013 0.51% 2.58%
2012 2.65% 1.3%
2011 1.26% 4.91%
2010 1.46% 1.23%
2009 1.89% 1.02%
2008 5.26% 6.31%
2007 5.03% 1.89%
2006 -1.41% 2.47%
2005 3.71% 3.89%
2004 0.41% 1.46%
2003 2.24% 3.3%
2002 0.04% 3.08%
2001 2.14% 4.36%
2000 0.5% 2.53%
1999 -1.94% 0.7%
1998 1.45% 4.61%
1997 3.97% 4.02%

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

GeoRank.org/economy/gabon/ivory-coast | CC BY

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 2.63% in Ivory Coast. In 2024, inflation was 1.17% in Gabon and 3.45% in Ivory Coast.

Top exports between countries

Gabon
Export category Export value
Machinery & equipment $58.7M
Raw materials & minerals $958K
Wood & paper products $98K
Metals $64K
Textiles & consumer goods $58K
Miscellaneous $19K
Precious metals & jewellery $10K
Chemicals & pharma $8K
Animal & marine products $3K
Processed food, beverages & tobacco $3K
Ivory Coast
Export category Export value
Raw materials & minerals $7.56M
Chemicals & pharma $6.63M
Processed food, beverages & tobacco $2.13M
Machinery & equipment $2.06M
Metals $1.93M
Textiles & consumer goods $1.1M
Miscellaneous $189K
Wood & paper products $175K
Raw agricultural goods $41K
Animal & marine products $27K

Balance of trade

Gabon Ivory Coast
Current account balance
$141M
2015
-$9.21B
2023
Current account balance ranking
66/190
2015
175/190
2023
Current account balance, % of GDP
+0.98%
2015
-11.4%
2023
Goods imports
$3.17B
2015
$15.4B
2023
Goods exports
$5.11B
2015
$17.1B
2023
Service imports
$1.88B
2015
$8.78B
2023
Service exports
$277M
2015
$1.5B
2023
Imports of goods and services, % of GDP
27.5%
2024
25.2%
2024
Exports of goods and services, % of GDP
64.6%
2024
26%
2024

Economic freedom indices

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

Gabon Ivory Coast
Economic freedom 56.6 58.1
Economic freedom ranking 120/197 111/197
Property rights 30 43.9
Government integrity 22.6 39.3
Judicial effectiveness 19.9 30.2
Tax burden 76.5 81.6
Government spending 85.5 86.6
Fiscal health 87.9 48
Business freedom 63.6 68.3
Labor freedom 55.4 57.1
Monetary freedom 80.9 67.6
Trade freedom 57.4 74.4
Investment freedom 60 50
Financial freedom 40 50

Economic freedom comparison by year

Gabon
Ivory Coast
1x
Year Economic freedom index
Gabon Ivory Coast
2026 56.6 58.1
2025 56.3 57.8
2024 56.9 58.4
2023 56.1 60.4
2022 55.8 61.6
2021 58.1 61.7
2020 56.7 59.7
2019 56.3 62.4
2018 58 62
2017 58.6 63
2016 59 60
2015 58.3 58.5
2014 57.8 57.7
2013 57.8 54.1
2012 56.4 54.3
2011 56.7 55.4
2010 55.4 54.1
2009 55 55
2008 54.2 53.9
2007 54.8 54.9
2006 56.1 56.2
2005 54.8 56.6
2004 57.1 57.8
2003 58.7 56.7
2002 58 57.3
2001 55 54.8
2000 58.2 50.2
1999 60.5 51.7
1998 59.2 51.3
1997 58.8 50.5
1996 55.7 49.9
1995 57.5 53.4

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

GeoRank.org/economy/gabon/ivory-coast | CC BY

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Ivory Coast
Services, % of GDP
36.8%
2024
51.9%
2024
Industry, % of GDP
52.9%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
15.9%
2024
GNI, Atlas method
$19.8B
2024
$80.9B
2024
GNI per capita, PPP
$20,400
2024
$7,360
2024
Total reserves including gold
$1.45B
2023
n/a
Total reserves ranking
136/177
2023
n/a
Net foreign direct investment
-$25.3M
2015
-$2B
2023
Net inflows of foreign direct investment
$1.14B
2024
$3.12B
2024
Net outflows of foreign direct investment
-$33.8M
2019
$228M
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
6.44%
2024
Poverty at national poverty lines
33.4%
2017
37.5%
2021
Gross capital formation, % of GDP
19.1%
2024
20.9%
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/ivory-coast | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.