Gabon vs Luxembourg: Economic Indicators Comparison

Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Gabon ranked 121st with $16.9B. By GDP 5-years average growth and GDP per capita, Luxembourg and Gabon ranked 88th vs 116th and 3rd vs 86th, respectively.

Gross Domestic Product & Income

StatGabonLuxembourg
GDP$16.9B$70.9B
GDP growth, 1 year1.2%3%
GDP growth, 5-years average2.4%3%
Population2M626k
GDP per capita$8k$117k
GDP per capita growth-1.76%1.18%
Purchasing Power Parity conversion factor247.230.87
Price level ratio of PPP conversion factor GDP to market exchange rate0.441.03
GDP per capita, PPP adjusted$18k$107k
GNI, Atlas method$14.5B$43.1B
GNI per capita$6.8k$71k
GNI, PPP adjusted$35.4B$43.9B
GNI per capita, PPP adjusted$17k$72k

Financial system and Human development

StatGabonLuxembourg
Income Tax Rate35%42%
Corporate Tax Rate30%18%
Inflation, consumer prices4.8%2%
Inflation, GDP deflator7.1%2.5%
Unemployment19.5%5.5%
Economic Freedom Index56.775.8
Personal Freedom Index5.769.1
Human Freedom Index5.798.46
Property Rights Index36.986.4
Judical Effectiveness Index20.874.4
Business Freedom Index52.166.8
Fiscal Health Index88.999
Labor Freedom Index52.345.3
Investment Freedom Index6095
Financial Freedom Index4080
Trade Freedom Index51.286.4
Monetary Freedom Index77.376.4
Government Spending Index89.345.4
Tax Burden Index74.364.1
Government Integrity Index36.790.3
Corruption Perceptions Index3181
Life expectancy at birth, years65.882.7
Suicide mortality rate, per 100,000 people7.113.5
Mortality caused by road traffic injury, per 100,000 people23.26.3
Intentional homicides, per 100,000 people80.3
International tourism, number of arrivals269k1M

Government debt & reserves

StatGabonLuxembourg
Central government debt, % of GDP58.2%21.8%
External debt stocks, % of GNI43%N/A
External debt stocks$6.8BN/A
Short-term debt, % of total reserves14.2%N/A
Total debt service, % of exports and primary income7.7%N/A
Adjusted net savings including particulate emission damage, % of GNI8.9%20.9%
Gross savings, % of GDP38.4%17.4%
Gross capital formation, % of GDP21.8%17.6%
Total reserves including gold$1.3B$938.9M
Foreign direct investment net inflows$845.8M-$5.6B

Exports, imports and economic structure

StatGabonLuxembourg
Exports of goods and services, % of GDP50.5%211.6%
Imports of goods and services, % of GDP21.5%175.5%
Current account balance (balance of payments)$141M$3.4B
Revenue excluding grants, % of GDP16.8%40.9%
Grants excluding technical cooperation, BoP$20.1MN/A
Personal remittances received$18.5M$2.1B
Industry including construction value added, % of GDP48.8%11.8%
Agriculture, forestry and fishing value added, % of GDP5.4%0.2%
Charges for the use of intellectual property, payments BoPN/A$5B
Charges for the use of intellectual property, receipts BoPN/A$2.4B
Expense, % of GDP13.7%38.7%
Government Expenditure, % of GDP18.9%42.7%

Compare with countries close by GDP per capita

Gabon vs

CountryGDP
per capita
Population
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M

Luxembourg vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k