Gabon vs Mongolia: Economic Indicators Comparison

Gabon with a GDP of $16.9B ranked the 121st largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, Gabon and Mongolia ranked 116th vs 39th and 86th vs 118th, respectively.

Gross Domestic Product & Income

StatGabonMongolia
GDP$16.9B$13.1B
GDP growth, 1 year1.2%6.9%
GDP growth, 5-years average2.4%4.7%
Population2M3.1M
GDP per capita$8k$4.1k
GDP per capita growth-1.76%5.32%
Purchasing Power Parity conversion factor247.23738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.3
GDP per capita, PPP adjusted$18k$13k
GNI, Atlas method$14.5B$11.6B
GNI per capita$6.8k$3.7k
GNI, PPP adjusted$35.4B$39.6B
GNI per capita, PPP adjusted$17k$13k

Financial system and Human development

StatGabonMongolia
Income Tax Rate35%10%
Corporate Tax Rate30%25%
Inflation, consumer prices4.8%7.7%
Inflation, GDP deflator7.1%8.1%
Unemployment19.5%6.3%
Economic Freedom Index56.755.9
Personal Freedom Index5.767.63
Human Freedom Index5.797.17
Property Rights Index36.950.3
Judical Effectiveness Index20.823
Business Freedom Index52.163.6
Fiscal Health Index88.99.3
Labor Freedom Index52.375.7
Investment Freedom Index6050
Financial Freedom Index4060
Trade Freedom Index51.274
Monetary Freedom Index77.374.2
Government Spending Index89.366.6
Tax Burden Index74.387.4
Government Integrity Index36.736.9
Corruption Perceptions Index3137
Life expectancy at birth, years65.869.5
Suicide mortality rate, per 100,000 people7.113
Mortality caused by road traffic injury, per 100,000 people23.216.5
Intentional homicides, per 100,000 people86.2
International tourism, number of arrivals269k529k

Government debt & reserves

StatGabonMongolia
Central government debt, % of GDP58.2%73.3%
External debt stocks, % of GNI43%253.9%
External debt stocks$6.8B$29.4B
Short-term debt, % of total reserves14.2%87.3%
Total debt service, % of exports and primary income7.7%101.6%
Adjusted net savings including particulate emission damage, % of GNI8.9%-10.3%
Gross savings, % of GDP38.4%30.3%
Gross capital formation, % of GDP21.8%43.1%
Total reserves including gold$1.3B$3.5B
Foreign direct investment net inflows$845.8M$2B

Exports, imports and economic structure

StatGabonMongolia
Exports of goods and services, % of GDP50.5%58.7%
Imports of goods and services, % of GDP21.5%64.2%
Current account balance (balance of payments)$141M-$1.9B
Revenue excluding grants, % of GDP16.8%24.9%
Grants excluding technical cooperation, BoP$20.1M$115.6M
Personal remittances received$18.5M$440.6M
Industry including construction value added, % of GDP48.8%38.7%
Agriculture, forestry and fishing value added, % of GDP5.4%10.8%
Charges for the use of intellectual property, payments BoPN/A$16.1M
Charges for the use of intellectual property, receipts BoPN/A$1.4M
Expense, % of GDP13.7%23.8%
Government Expenditure, % of GDP18.9%33.4%

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

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k