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Economy of Gabon vs Morocco compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $161B for Morocco, ranking 127/197 and 58/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $109B (67.7% of GDP) in Morocco.

Gabon vs Morocco GDP by year

Gabon
Morocco
1x
Year GDP, current $
Gabon Morocco
2024 $20,895,684,426 $160,610,994,055
2023 $19,388,372,071 $146,036,093,667
2022 $20,440,655,695 $131,245,312,804
2021 $19,444,935,097 $142,022,058,447
2020 $15,342,236,164 $121,353,645,057
2019 $16,874,405,465 $128,920,266,409
2018 $16,867,326,402 $127,341,147,582
2017 $14,929,487,485 $118,540,573,368
2016 $14,023,890,265 $111,572,947,005
2015 $14,383,107,763 $110,413,823,842
2014 $18,203,966,896 $119,130,841,412
2013 $17,595,744,798 $115,739,287,305
2012 $17,170,464,016 $106,937,392,311
2011 $18,210,307,744 $110,080,631,332
2010 $14,372,593,020 $100,865,329,473
2009 $12,113,699,068 $101,154,952,241
2008 $15,571,348,344 $101,822,906,949
2007 $12,455,409,587 $86,947,913,287
2006 $10,327,598,306 $75,883,823,301
2005 $9,582,783,991 $68,852,658,069
2004 $7,770,219,008 $66,114,145,451
2003 $6,511,903,365 $58,029,363,354
2002 $5,335,451,100 $47,077,192,188
2001 $5,023,265,413 $43,831,480,208
2000 $5,080,483,629 $43,017,455,402
1999 $4,662,992,036 $46,266,428,648
1998 $4,483,417,310 $46,497,608,725
1997 $5,326,817,115 $39,147,844,526
1996 $5,694,040,003 $43,161,571,528
1995 $4,958,845,648 $39,030,285,468
1994 $4,190,819,344 $35,604,137,423
1993 $4,378,645,081 $31,655,473,664
1992 $5,592,390,827 $33,711,069,431
1991 $5,402,919,785 $32,285,573,574
1990 $5,952,293,765 $30,179,954,775
1989 $4,186,411,464 $26,314,313,191
1988 $3,834,503,376 $25,705,296,184
1987 $3,281,797,043 $21,765,195,948
1986 $3,403,638,189 $19,462,085,540
1985 $3,339,914,757 $14,991,283,216
1984 $3,561,451,561 $14,824,667,954
1983 $3,391,275,732 $16,251,408,128
1982 $3,618,007,841 $17,692,276,734
1981 $3,862,269,121 $17,788,185,479
1980 $4,279,637,942 $21,728,516,153
1979 $3,030,251,120 $15,911,994,817
1978 $2,389,479,272 $13,236,946,234
1977 $2,809,349,069 $11,049,783,872
1976 $3,009,409,974 $9,584,297,284
1975 $2,157,592,940 $8,984,853,005
1974 $1,544,216,002 $7,675,466,449
1973 $722,780,701 $6,242,145,880
1972 $430,508,359 $5,074,117,545
1971 $381,687,073 $4,356,669,034
1970 $323,802,476 $3,956,336,244
1969 $318,124,701 $3,651,622,669
1968 $294,468,564 $3,271,422,333
1967 $271,543,680 $3,046,345,314
1966 $245,849,781 $2,876,401,297
1965 $226,474,286 $2,948,331,090
1964 $215,679,855 $2,798,345,299
1963 $154,480,244 $2,657,252,578
1962 $182,796,536 $2,379,611,125
1961 $167,637,907 $2,025,693,540
1960 $141,468,978 $2,037,154,742

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

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

GDP per capita in Gabon vs Morocco by year

Gabon
GDP per capita

GDP per capita, PPP
Morocco
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Morocco
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $4,218 $10,415
2023 $7,803 $20,756 $3,872 $9,895
2022 $8,409 $19,993 $3,516 $9,310
2021 $8,181 $18,524 $3,843 $8,623
2020 $6,606 $14,477 $3,317 $7,705
2019 $7,441 $15,950 $3,560 $8,046
2018 $7,624 $15,432 $3,553 $7,801
2017 $6,922 $14,797 $3,344 $8,115
2016 $6,677 $13,998 $3,186 $7,853
2015 $7,047 $14,306 $3,190 $7,799
2014 $9,201 $14,854 $3,483 $7,237
2013 $9,198 $14,498 $3,425 $7,542
2012 $9,297 $14,620 $3,206 $7,308
2011 $10,219 $14,784 $3,345 $7,274
2010 $8,357 $14,015 $3,107 $6,849
2009 $7,291 $13,384 $3,158 $6,629
2008 $9,689 $13,734 $3,222 $6,437
2007 $8,004 $14,391 $2,788 $6,058
2006 $6,847 $13,637 $2,466 $5,781
2005 $6,548 $14,028 $2,268 $5,275
2004 $5,466 $13,638 $2,207 $5,025
2003 $4,711 $13,564 $1,962 $4,741
2002 $3,966 $13,369 $1,612 $4,436
2001 $3,836 $13,556 $1,521 $4,269
2000 $3,983 $13,326 $1,513 $3,930
1999 $3,751 $13,629 $1,651 $3,801
1998 $3,700 $15,138 $1,683 $3,740
1997 $4,509 $14,837 $1,439 $3,502
1996 $4,943 $14,147 $1,610 $3,551
1995 $4,415 $13,750 $1,478 $3,152
1994 $3,828 $13,164 $1,369 $3,315
1993 $4,106 $12,757 $1,236 $2,979
1992 $5,386 $12,312 $1,337 $2,979
1991 $5,345 $12,760 $1,302 $3,025
1990 $6,051 $11,952 $1,238 $2,777
1989 $4,374 - $1,099 -
1988 $4,119 - $1,094 -
1987 $3,624 - $944 -
1986 $3,865 - $861 -
1985 $3,898 - $678 -
1984 $4,273 - $687 -
1983 $4,182 - $772 -
1982 $4,584 - $862 -
1981 $5,026 - $890 -
1980 $5,718 - $1,117 -
1979 $4,155 - $839 -
1978 $3,360 - $716 -
1977 $4,048 - $613 -
1976 $4,441 - $545 -
1975 $3,258 - $524 -
1974 $2,384 - $459 -
1973 $1,140 - $382 -
1972 $693 - $319 -
1971 $627 - $280.6 -
1970 $543 - $261.5 -
1969 $545 - $247.8 -
1968 $515 - $228 -
1967 $482 - $218.1 -
1966 $443 - $211.5 -
1965 $415 - $222.7 -
1964 $400 - $216.9 -
1963 $290.7 - $211.3 -
1962 $348 - $194.2 -
1961 $323 - $169.8 -
1960 $276.1 - $175.2 -

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

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $4,218 in Morocco, ranking 127/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Morocco ranks 132nd at $10,415.

Economic indicators

Gabon Morocco
Gross domestic product
$20.9B
2024
$161B
2024
GDP rank
127/197
2024
58/197
2024
GDP growth
3.39%
2023-2024
3.79%
2023-2024
GDP per capita
$8,230
2024
$4,218
2024
GDP per capita rank
93/197
2024
127/197
2024
GDP per capita, PPP
$21,510
2024
$10,415
2024
GDP per capita PPP rank
90/197
2024
132/197
2024
Government debt
$15.2B
2024
$109B
2024
Debt-to-GDP ratio
72.7%
2024
67.7%
2024
Government debt per person
$5,985
2024
$2,857
2024
Government debt per person rank
75/185
2024
104/185
2024
Average annual personal income after taxes
$5,368
2026
$5,678
2026
Market capitalization of domestic companies n/a
$74.5B
2024
Number of billionaires n/a
3
2025
Income share by richest 10%
27.7%
2017
31.9%
2013
Income share by poorest 10%
2.2%
2017
2.7%
2013
Government expenditure, % of GDP
24.8%
2024
33%
2024
Consumer prices inflation
1.17%
2023-2024
0.99%
2023-2024
Central bank interest rate n/a
2.25%
2025
Unemployment rate
20.4%
2010
11.8%
2022
Population
2663339
38871720

Spending and national debt comparison by year

Gabon
Spending

Debt
Morocco
Spending

Debt
1x
Year % of GDP
Gabon Morocco
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 33% 67.7%
2023 21.5% 70.6% 32% 68.7%
2022 19.7% 65.6% 33.7% 71.4%
2021 17.3% 72.9% 31% 69.4%
2020 19.8% 83% 34.1% 72.2%
2019 17.4% 59.8% 27.6% 60.3%
2018 17.1% 62.3% 27.8% 60.5%
2017 18.1% 62.9% 27.9% 60.3%
2016 21.8% 64.5% 28.6% 60.1%
2015 22.3% 44.7% 28.5% 58.4%
2014 23.8% 34.1% 30.7% 58.6%
2013 34.7% 31.1% 30.4% 57.1%
2012 23.9% 21.4% 32.5% 52.3%
2011 22.1% 21.4% 31.2% 48.6%
2010 23.1% 21.3% 28.7% 45.3%
2009 22.6% 26% 28.1% 42.6%
2008 18.9% 20.1% 28.3% 42%
2007 19.4% 39.2% 26.4% 47.1%
2006 21.1% 34.9% 26% 50.6%
2005 20.8% 41.7% 28.6% 54.8%
2004 20.9% 60.3% 24.5% 54.4%
2003 21.2% 70.2% 24.1% 56.9%
2002 25.7% 81.1% 25.8% 59.4%
2001 27.8% 81% 23.7% 60.4%
2000 20.3% 72.5% 22.8% 64.9%
1999 25.5% 73.1% 18.4% 63.4%
1998 45.5% 87.6% 18.7% 64.5%
1997 29.7% 57% 18.6% 68%
1996 22.2% 64.5% 17.6% 65.3%
1995 25.1% 73.4% 21.3% 72.2%
1994 23.9% 71.3% 21.7% 69.3%
1993 26.9% 90.1% 23.1% 74.7%
1992 26.5% 87.9% 22.3% 67%
1991 25.1% 89.3% 20.8% 59.1%
1990 22.6% 90% 22.6% 70.5%

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

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Morocco spent $53.1B, or 33% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 67.7% in Morocco, ranking 51/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Morocco
1x
Year Deficit/surplus, % of GDP
Gabon Morocco
2024 -3.84% -3.92%
2023 1.79% -4.41%
2022 -0.89% -5.37%
2021 -1.93% -5.92%
2020 -2.19% -7.15%
2019 2.13% -3.8%
2018 -0.21% -3.52%
2017 -1.7% -3.3%
2016 -4.71% -4.49%
2015 -1.12% -4.59%
2014 5.98% -4.78%
2013 -3.07% -4.7%
2012 6.2% -6.63%
2011 1.41% -6.08%
2010 2.7% -3.93%
2009 6.77% -1.63%
2008 11% 0.63%
2007 8.06% -0.12%
2006 8.67% -1.8%
2005 7.98% -5.46%
2004 6.99% -3.31%
2003 7.75% -3.74%
2002 3.72% -4.37%
2001 4.07% -3.79%
2000 11.1% -1.97%
1999 1.11% 3.21%
1998 -13.1% 1.47%
1997 1.41% 1.5%
1996 2.12% 0.87%
1995 2.64% -2.54%
1994 -1.53% -2.51%
1993 -5.35% -2%
1992 -4.9% -1.84%
1991 -2.03% -0.9%
1990 -3.83% -1.32%

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

GeoRank.org/economy/gabon/morocco | 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 Morocco's deficit of $6.3B, or 3.92% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while Morocco ran a deficit in 30 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 2.92% of GDP for Morocco.

Inflation comparison by year

Inflation
Gabon

Morocco
1x
Year Consumer prices inflation
Gabon Morocco
2024 1.17% 0.99%
2023 3.63% 6.09%
2022 4.23% 6.66%
2021 1.09% 1.4%
2020 1.35% 0.71%
2019 2.46% 0.3%
2018 4.75% 1.8%
2017 2.65% 0.75%
2016 2.11% 1.64%
2015 -0.34% 1.56%
2014 4.69% 0.44%
2013 0.51% 1.88%
2012 2.65% 1.29%
2011 1.26% 0.91%
2010 1.46% 0.99%
2009 1.89% 0.97%
2008 5.26% 3.71%
2007 5.03% 2.04%
2006 -1.41% 3.28%
2005 3.71% 0.98%
2004 0.41% 1.49%
2003 2.24% 1.17%
2002 0.04% 2.8%
2001 2.14% 0.62%
2000 0.5% 1.89%
1999 -1.94% 0.68%
1998 1.45% 2.75%
1997 3.97% 1.04%

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

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 1.82% in Morocco. In 2024, inflation was 1.17% in Gabon and 0.99% in Morocco.

Top exports between countries

Gabon
Export category Export value
Wood & paper products $15.4M
Raw materials & minerals $5.76M
Processed food, beverages & tobacco $4.78M
Metals $3.49M
Machinery & equipment $1.26M
Chemicals & pharma $37K
Textiles & consumer goods $30K
Precious metals & jewellery $5K
Animal & marine products $1K
Morocco
Export category Export value
Processed food, beverages & tobacco $21.1M
Machinery & equipment $12M
Metals $6.05M
Textiles & consumer goods $2.15M
Chemicals & pharma $1.98M
Raw materials & minerals $1.92M
Wood & paper products $1.11M
Raw agricultural goods $272K
Animal & marine products $69K
Precious metals & jewellery $33K

Balance of trade

Gabon Morocco
Current account balance
$141M
2015
-$1.87B
2024
Current account balance ranking
66/190
2015
141/190
2024
Current account balance, % of GDP
+0.98%
2015
-1.16%
2024
Goods imports
$3.17B
2015
$66.5B
2024
Goods exports
$5.11B
2015
$39.3B
2024
Service imports
$1.88B
2015
$14.3B
2024
Service exports
$277M
2015
$28.2B
2024
Imports of goods and services, % of GDP
27.5%
2024
50.2%
2024
Exports of goods and services, % of GDP
64.6%
2024
42%
2024

Economic freedom indices

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

Gabon Morocco
Economic freedom 56.6 61.8
Economic freedom ranking 120/197 91/197
Property rights 30 55.2
Government integrity 22.6 35.6
Judicial effectiveness 19.9 32.5
Tax burden 76.5 65.5
Government spending 85.5 67.5
Fiscal health 87.9 57.5
Business freedom 63.6 72.1
Labor freedom 55.4 46.2
Monetary freedom 80.9 79.6
Trade freedom 57.4 69.8
Investment freedom 60 80
Financial freedom 40 80

Economic freedom comparison by year

Gabon
Morocco
1x
Year Economic freedom index
Gabon Morocco
2026 56.6 61.8
2025 56.3 60.3
2024 56.9 56.8
2023 56.1 58.4
2022 55.8 59.2
2021 58.1 63.3
2020 56.7 63.3
2019 56.3 62.9
2018 58 61.9
2017 58.6 61.5
2016 59 61.3
2015 58.3 60.1
2014 57.8 58.3
2013 57.8 59.6
2012 56.4 60.2
2011 56.7 59.6
2010 55.4 59.2
2009 55 57.7
2008 54.2 55.6
2007 54.8 56.4
2006 56.1 51.5
2005 54.8 52.2
2004 57.1 56.7
2003 58.7 57.8
2002 58 59
2001 55 63.9
2000 58.2 63.2
1999 60.5 63.8
1998 59.2 61.1
1997 58.8 64.7
1996 55.7 64.3
1995 57.5 62.8

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 61.8 for Morocco, ranking 91/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Morocco
Services, % of GDP
36.8%
2024
52.7%
2024
Industry, % of GDP
52.9%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
10.6%
2024
GNI, Atlas method
$19.8B
2024
$149B
2024
GNI per capita, PPP
$20,400
2024
$10,260
2024
Total reserves including gold
$1.45B
2023
$37.1B
2024
Total reserves ranking
136/177
2023
52/177
2024
Net foreign direct investment
-$25.3M
2015
-$948M
2024
Net inflows of foreign direct investment
$1.14B
2024
$1.64B
2024
Net outflows of foreign direct investment
-$33.8M
2019
$691M
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
5.63%
2024
Poverty at national poverty lines
33.4%
2017
3.9%
2022
Gross capital formation, % of GDP
19.1%
2024
30.1%
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/morocco | 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 (2021–2023, 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.