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Economy of Gabon vs Maldives compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $7.06B for Maldives, ranking 127/197 and 159/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $9.41B (133.3% of GDP) in Maldives.

Gabon vs Maldives GDP by year

Gabon
Maldives
1x
Year GDP, current $
Gabon Maldives
2024 $20,895,684,426 $7,061,608,267
2023 $19,388,372,071 $6,621,008,704
2022 $20,440,655,695 $6,177,123,352
2021 $19,444,935,097 $5,252,457,370
2020 $15,342,236,164 $3,712,604,583
2019 $16,874,405,465 $5,726,094,799
2018 $16,867,326,402 $5,404,344,163
2017 $14,929,487,485 $4,816,426,257
2016 $14,023,890,265 $4,409,942,624
2015 $14,383,107,763 $4,129,505,319
2014 $18,203,966,896 $3,697,353,039
2013 $17,595,744,798 $3,295,009,238
2012 $17,170,464,016 $2,886,163,997
2011 $18,210,307,744 $2,774,350,240
2010 $14,372,593,020 $2,588,176,055
2009 $12,113,699,068 $2,345,294,875
2008 $15,571,348,344 $2,271,646,188
2007 $12,455,409,587 $1,868,383,461
2006 $10,327,598,306 $1,575,200,391
2005 $9,582,783,991 $1,163,362,438
2004 $7,770,219,008 $1,226,829,563
2003 $6,511,903,365 $1,052,121,055
2002 $5,335,451,100 $897,031,250
2001 $5,023,265,413 $870,031,677
2000 $5,080,483,629 $624,337,145
1999 $4,662,992,036 $589,239,754
1998 $4,483,417,310 $540,096,398
1997 $5,326,817,115 $508,223,602
1996 $5,694,040,003 $450,382,328
1995 $4,958,845,648 $398,988,955
1994 $4,190,819,344 $356,014,932
1993 $4,378,645,081 $322,417,837
1992 $5,592,390,827 $284,875,809
1991 $5,402,919,785 $244,396,762
1990 $5,952,293,765 $215,043,970
1989 $4,186,411,464 $189,514,434
1988 $3,834,503,376 $168,514,513
1987 $3,281,797,043 $141,223,029
1986 $3,403,638,189 $141,882,254
1985 $3,339,914,757 $127,190,758
1984 $3,561,451,561 $109,503,546
1983 $3,391,275,732 $57,829,787
1982 $3,618,007,841 $47,911,340
1981 $3,862,269,121 $44,781,457
1980 $4,279,637,942 $42,463,576
1979 $3,030,251,120 $38,523,364
1978 $2,389,479,272 $24,369,109
1977 $2,809,349,069 $20,853,789
1976 $3,009,409,974 $22,399,467
1975 $2,157,592,940 $24,540,878
1974 $1,544,216,002 $39,120,171
1973 $722,780,701 $30,862,042
1972 $430,508,359 $25,177,138
1971 $381,687,073 $21,566,404
1970 $323,802,476 $19,328,038
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Gabon vs Maldives by year

Gabon
GDP per capita

GDP per capita, PPP
Maldives
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Maldives
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $13,379 $26,183
2023 $7,803 $20,756 $12,588 $24,786
2022 $8,409 $19,993 $11,786 $22,881
2021 $8,181 $18,524 $10,176 $19,053
2020 $6,606 $14,477 $7,394 $13,425
2019 $7,441 $15,950 $11,740 $23,077
2018 $7,624 $15,432 $11,423 $21,899
2017 $6,922 $14,797 $10,510 $19,768
2016 $6,677 $13,998 $9,948 $18,770
2015 $7,047 $14,306 $9,645 $17,875
2014 $9,201 $14,854 $8,939 $16,723
2013 $9,198 $14,498 $8,236 $15,264
2012 $9,297 $14,620 $7,461 $13,989
2011 $10,219 $14,784 $7,425 $13,726
2010 $8,357 $14,015 $7,174 $12,797
2009 $7,291 $13,384 $6,734 $12,266
2008 $9,689 $13,734 $6,757 $13,779
2007 $8,004 $14,391 $5,758 $12,852
2006 $6,847 $13,637 $5,019 $12,075
2005 $6,548 $14,028 $3,797 $9,704
2004 $5,466 $13,638 $4,070 $10,770
2003 $4,711 $13,564 $3,549 $10,065
2002 $3,966 $13,369 $3,076 $8,823
2001 $3,836 $13,556 $3,034 $8,236
2000 $3,983 $13,326 $2,214 $8,526
1999 $3,751 $13,629 $2,124 $8,162
1998 $3,700 $15,138 $1,980 $7,710
1997 $4,509 $14,837 $1,898 $7,226
1996 $4,943 $14,147 $1,717 $6,687
1995 $4,415 $13,750 $1,555 $6,223
1994 $3,828 $13,164 $1,419 $5,520
1993 $4,106 $12,757 $1,317 $5,138
1992 $5,386 $12,312 $1,194 $4,881
1991 $5,345 $12,760 $1,054 $4,604
1990 $6,051 $11,952 $957 $4,528
1989 $4,374 - $870 -
1988 $4,119 - $799 -
1987 $3,624 - $692 -
1986 $3,865 - $720 -
1985 $3,898 - $669 -
1984 $4,273 - $594 -
1983 $4,182 - $323 -
1982 $4,584 - $274.8 -
1981 $5,026 - $264.1 -
1980 $5,718 - $257.6 -
1979 $4,155 - $240.2 -
1978 $3,360 - $156.1 -
1977 $4,048 - $137.3 -
1976 $4,441 - $151.8 -
1975 $3,258 - $171.4 -
1974 $2,384 - $281.5 -
1973 $1,140 - $228.7 -
1972 $693 - $192.2 -
1971 $627 - $169.8 -
1970 $543 - $156.9 -
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 (1960–2024, retrieved 2026-04-06).

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $13,379 in Maldives, ranking 75/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Maldives ranks 81st at $26,183.

Economic indicators

Gabon Maldives
Gross domestic product
$20.9B
2024
$7.06B
2024
GDP rank
127/197
2024
159/197
2024
GDP growth
3.39%
2023-2024
3.49%
2023-2024
GDP per capita
$8,230
2024
$13,379
2024
GDP per capita rank
93/197
2024
75/197
2024
GDP per capita, PPP
$21,510
2024
$26,183
2024
GDP per capita PPP rank
90/197
2024
81/197
2024
Government debt
$15.2B
2024
$9.41B
2024
Debt-to-GDP ratio
72.7%
2024
133.3%
2024
Government debt per person
$5,985
2024
$17,837
2024
Government debt per person rank
75/185
2024
35/185
2024
Average annual personal income after taxes
$5,368
2026
$9,909
2026
Income share by richest 10%
27.7%
2017
23.3%
2019
Income share by poorest 10%
2.2%
2017
3.8%
2019
Government expenditure, % of GDP
24.8%
2024
46.1%
2024
Consumer prices inflation
1.17%
2023-2024
1.4%
2023-2024
Unemployment rate
20.4%
2010
4.56%
2019
Population
2663339
532057

Spending and national debt comparison by year

Gabon
Spending

Debt
Maldives
Spending

Debt
1x
Year % of GDP
Gabon Maldives
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 46.1% 133.3%
2023 21.5% 70.6% 46.7% 122.4%
2022 19.7% 65.6% 42% 111.6%
2021 17.3% 72.9% 40.6% 123.4%
2020 19.8% 83% 50.4% 155.7%
2019 17.4% 59.8% 32.9% 77.2%
2018 17.1% 62.3% 31.9% 70.7%
2017 18.1% 62.9% 30.4% 63.8%
2016 21.8% 64.5% 37.3% 61.9%
2015 22.3% 44.7% 33.8% 54.8%
2014 23.8% 34.1% 29.1% 55.1%
2013 34.7% 31.1% 27% 55.9%
2012 23.9% 21.4% 29.8% 57.1%
2011 22.1% 21.4% 31.3% 51.9%
2010 23.1% 21.3% 33.2% 52.7%
2009 22.6% 26% 37% 48.4%
2008 18.9% 20.1% 35.6% 39%
2007 19.4% 39.2% 34.8% 35.8%
2006 21.1% 34.9% 35% 36.8%
2005 20.8% 41.7% 38.8% 43.2%
2004 20.9% 60.3% 24.1% 34.7%
2003 21.2% 70.2% 26.4% 37.6%
2002 25.7% 81.1% 29.6% 44.3%
2001 27.8% 81% 29.6% 41.8%
2000 20.3% 72.5% 29% 39%
1999 25.5% 73.1% 28% 38.9%
1998 45.5% 87.6% 25.9% 39.3%
1997 29.7% 57% 25.2% 38.1%
1996 22.2% 64.5% 27.3% 46.9%
1995 25.1% 73.4% 31.3% 52.2%
1994 23.9% 71.3% 30.7% 54.6%
1993 26.9% 90.1% 34.7% 55.7%
1992 26.5% 87.9% 36.1% 49%
1991 25.1% 89.3% 37.7% 46.7%
1990 22.6% 90% 33.3% 42.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1996, retrieved 2026-02-20).

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Maldives spent $3.25B, or 46.1% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 133.3% in Maldives, ranking 51/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Maldives
1x
Year Deficit/surplus, % of GDP
Gabon Maldives
2024 -3.84% -13.9%
2023 1.79% -13.2%
2022 -0.89% -11.2%
2021 -1.93% -14.2%
2020 -2.19% -23.7%
2019 2.13% -6.54%
2018 -0.21% -5.17%
2017 -1.7% -3.02%
2016 -4.71% -9.93%
2015 -1.12% -6.52%
2014 5.98% -2.42%
2013 -3.07% -3.49%
2012 6.2% -6.91%
2011 1.41% -8.13%
2010 2.7% -13.6%
2009 6.77% -17.9%
2008 11% -9.92%
2007 8.06% -3.16%
2006 8.67% -4.52%
2005 7.98% -7.81%
2004 6.99% -2.26%
2003 7.75% -3.45%
2002 3.72% -3.97%
2001 4.07% -3.97%
2000 11.1% -3.89%
1999 1.11% -3.03%
1998 -13.1% -2.25%
1997 1.41% -1.46%
1996 2.12% -2.01%
1995 2.64% -5.66%
1994 -1.53% -4.82%
1993 -5.35% -13.9%
1992 -4.9% -12.6%
1991 -2.03% -10.2%
1990 -3.83% -12.8%

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

GeoRank.org/economy/gabon/maldives | 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 Maldives' deficit of $982M, or 13.9% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while Maldives ran a deficit in 35 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 7.75% of GDP for Maldives.

Inflation comparison by year

Inflation
Gabon

Maldives
1x
Year Consumer prices inflation
Gabon Maldives
2024 1.17% 1.4%
2023 3.63% 2.6%
2022 4.23% 2.6%
2021 1.09% 0.2%
2020 1.35% -1.6%
2019 2.46% 1.3%
2018 4.75% 1.4%
2017 2.65% 2.3%
2016 2.11% 0.8%
2015 -0.34% 1.4%
2014 4.69% 2.4%
2013 0.51% 4%
2012 2.65% 10.9%
2011 1.26% 11.3%
2010 1.46% 6.1%
2009 1.89% 4.5%
2008 5.26% 12%
2007 5.03% 6.8%
2006 -1.41% 3.5%
2005 3.71% 2.5%
2004 0.41% 6.3%
2003 2.24% -2.8%
2002 0.04% 0.9%
2001 2.14% 0.7%
2000 0.5% -1.2%
1999 -1.94% 3%
1998 1.45% -1.4%
1997 3.97% 7.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 3.2% in Maldives. In 2024, inflation was 1.17% in Gabon and 1.4% in Maldives.

Balance of trade

Gabon Maldives
Current account balance
$141M
2015
-$1.32B
2024
Current account balance ranking
66/190
2015
130/190
2024
Current account balance, % of GDP
+0.98%
2015
-18.7%
2024
Goods imports
$3.17B
2015
$3.46B
2024
Goods exports
$5.11B
2015
$383M
2024
Service imports
$1.88B
2015
$1.89B
2024
Service exports
$277M
2015
$5.03B
2024
Imports of goods and services, % of GDP
27.5%
2024
78.3%
2024
Exports of goods and services, % of GDP
64.6%
2024
78.2%
2024

Economic freedom indices

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

Gabon Maldives
Economic freedom 56.6 47.6
Economic freedom ranking 120/197 174/197
Property rights 30 52.2
Government integrity 22.6 41.9
Judicial effectiveness 19.9 39.3
Tax burden 76.5 89.9
Government spending 85.5 39.5
Fiscal health 87.9 0
Business freedom 63.6 49.7
Labor freedom 55.4 54.1
Monetary freedom 80.9 76.4
Trade freedom 57.4 62.8
Investment freedom 60 35
Financial freedom 40 30

Economic freedom comparison by year

Gabon
Maldives
1x
Year Economic freedom index
Gabon Maldives
2026 56.6 47.6
2025 56.3 48.3
2024 56.9 47.8
2023 56.1 46.6
2022 55.8 47.3
2021 58.1 55.2
2020 56.7 56.5
2019 56.3 53.2
2018 58 51.1
2017 58.6 50.3
2016 59 53.9
2015 58.3 53.4
2014 57.8 51
2013 57.8 49
2012 56.4 49.2
2011 56.7 48.3
2010 55.4 49
2009 55 51.3
2008 54.2 -
2007 54.8 -
2006 56.1 -
2005 54.8 -
2004 57.1 -
2003 58.7 -
2002 58 -
2001 55 -
2000 58.2 -
1999 60.5 -
1998 59.2 -
1997 58.8 -
1996 55.7 -
1995 57.5 -

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 47.6 for Maldives, ranking 174/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Maldives
Services, % of GDP
36.8%
2024
72.1%
2024
Industry, % of GDP
52.9%
2024
9.2%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
3.84%
2024
GNI, Atlas method
$19.8B
2024
$6.15B
2024
GNI per capita, PPP
$20,400
2024
$23,400
2024
Total reserves including gold
$1.45B
2023
$674M
2024
Total reserves ranking
136/177
2023
150/177
2024
Net foreign direct investment
-$25.3M
2015
-$806M
2024
Net inflows of foreign direct investment
$1.14B
2024
$806M
2024
Net outflows of foreign direct investment
-$33.8M
2019
$0
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
7.95%
2024
Poverty at national poverty lines
33.4%
2017
15%
2020
Gross capital formation, % of GDP
19.1%
2024
30.8%
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/maldives | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1996, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.