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Economy of Gabon vs Netherlands compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $1.21T for the Netherlands, ranking 127/197 and 19/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $532B (43.8% of GDP) in the Netherlands.

Gabon vs Netherlands GDP by year

Gabon
Netherlands
1x
Year GDP, current $
Gabon Netherlands
2024 $20,895,684,426 $1,214,927,698,573
2023 $19,388,372,071 $1,135,475,867,551
2022 $20,440,655,695 $1,046,540,797,549
2021 $19,444,935,097 $1,054,472,123,450
2020 $15,342,236,164 $932,560,861,701
2019 $16,874,405,465 $928,903,005,576
2018 $16,867,326,402 $929,733,599,797
2017 $14,929,487,485 $848,233,537,846
2016 $14,023,890,265 $797,163,949,290
2015 $14,383,107,763 $775,743,675,303
2014 $18,203,966,896 $901,556,501,756
2013 $17,595,744,798 $883,951,539,007
2012 $17,170,464,016 $845,689,017,066
2011 $18,210,307,744 $913,140,741,333
2010 $14,372,593,020 $852,464,982,433
2009 $12,113,699,068 $878,954,223,140
2008 $15,571,348,344 $957,901,566,041
2007 $12,455,409,587 $853,499,460,873
2006 $10,327,598,306 $737,593,995,289
2005 $9,582,783,991 $688,133,699,636
2004 $7,770,219,008 $661,224,886,143
2003 $6,511,903,365 $582,435,617,082
2002 $5,335,451,100 $475,529,972,123
2001 $5,023,265,413 $432,536,219,669
2000 $5,080,483,629 $417,649,282,154
1999 $4,662,992,036 $447,778,514,140
1998 $4,483,417,310 $438,612,530,549
1997 $5,326,817,115 $417,506,211,882
1996 $5,694,040,003 $451,372,549,020
1995 $4,958,845,648 $452,967,334,614
1994 $4,190,819,344 $379,688,232,232
1993 $4,378,645,081 $354,070,495,966
1992 $5,592,390,827 $363,497,050,125
1991 $5,402,919,785 $327,982,316,124
1990 $5,952,293,765 $318,799,003,994
1989 $4,186,411,464 $258,716,904,292
1988 $3,834,503,376 $262,295,966,105
1987 $3,281,797,043 $245,406,949,521
1986 $3,403,638,189 $201,157,708,221
1985 $3,339,914,757 $144,057,523,222
1984 $3,561,451,561 $144,124,462,912
1983 $3,391,275,732 $153,671,294,109
1982 $3,618,007,841 $158,712,765,536
1981 $3,862,269,121 $164,375,775,854
1980 $4,279,637,942 $195,439,301,707
1979 $3,030,251,120 $179,933,827,310
1978 $2,389,479,272 $156,089,077,205
1977 $2,809,349,069 $127,203,923,857
1976 $3,009,409,974 $109,329,386,564
1975 $2,157,592,940 $100,397,061,694
1974 $1,544,216,002 $87,371,810,804
1973 $722,780,701 $71,946,639,603
1972 $430,508,359 $54,787,070,173
1971 $381,687,073 $44,644,730,576
1970 $323,802,476 $38,220,884,519
1969 $318,124,701 $34,086,038,090
1968 $294,468,564 $30,097,635,751
1967 $271,543,680 $27,143,828,099
1966 $245,849,781 $24,741,480,717
1965 $226,474,286 $22,721,869,808
1964 $215,679,855 $20,232,048,553
1963 $154,480,244 $17,193,744,109
1962 $182,796,536 $15,847,582,341
1961 $167,637,907 $14,599,836,396
1960 $141,468,978 $13,282,979,015

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

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

GDP per capita in Gabon vs Netherlands by year

Gabon
GDP per capita

GDP per capita, PPP
Netherlands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Netherlands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $67,520 $86,174
2023 $7,803 $20,756 $63,516 $81,729
2022 $8,409 $19,993 $59,123 $78,630
2021 $8,181 $18,524 $60,142 $68,574
2020 $6,606 $14,477 $53,468 $62,597
2019 $7,441 $15,950 $53,555 $62,345
2018 $7,624 $15,432 $53,955 $58,819
2017 $6,922 $14,797 $49,514 $56,038
2016 $6,677 $13,998 $46,809 $53,162
2015 $7,047 $14,306 $45,794 $50,957
2014 $9,201 $14,854 $53,457 $49,751
2013 $9,198 $14,498 $52,602 $49,622
2012 $9,297 $14,620 $50,474 $47,653
2011 $10,219 $14,784 $54,702 $47,004
2010 $8,357 $14,015 $51,306 $45,301
2009 $7,291 $13,384 $53,172 $44,959
2008 $9,689 $13,734 $58,247 $46,714
2007 $8,004 $14,391 $52,101 $44,203
2006 $6,847 $13,637 $45,124 $41,208
2005 $6,548 $14,028 $42,165 $37,778
2004 $5,466 $13,638 $40,611 $35,961
2003 $4,711 $13,564 $35,897 $34,286
2002 $3,966 $13,369 $29,447 $34,568
2001 $3,836 $13,556 $26,956 $33,259
2000 $3,983 $13,326 $26,225 $31,895
1999 $3,751 $13,629 $28,319 $29,316
1998 $3,700 $15,138 $27,924 $27,749
1997 $4,509 $14,837 $26,745 $26,062
1996 $4,943 $14,147 $29,064 $24,564
1995 $4,415 $13,750 $29,301 $23,480
1994 $3,828 $13,164 $24,683 $22,414
1993 $4,106 $12,757 $23,156 $21,443
1992 $5,386 $12,312 $23,939 $20,831
1991 $5,345 $12,760 $21,764 $20,177
1990 $6,051 $11,952 $21,322 $19,203
1989 $4,374 - $17,423 -
1988 $4,119 - $17,771 -
1987 $3,624 - $16,734 -
1986 $3,865 - $13,804 -
1985 $3,898 - $9,941 -
1984 $4,273 - $9,992 -
1983 $4,182 - $10,696 -
1982 $4,584 - $11,089 -
1981 $5,026 - $11,537 -
1980 $5,718 - $13,812 -
1979 $4,155 - $12,817 -
1978 $3,360 - $11,196 -
1977 $4,048 - $9,180 -
1976 $4,441 - $7,937 -
1975 $3,258 - $7,346 -
1974 $2,384 - $6,450 -
1973 $1,140 - $5,353 -
1972 $693 - $4,110 -
1971 $627 - $3,384 -
1970 $543 - $2,931 -
1969 $545 - $2,647 -
1968 $515 - $2,364 -
1967 $482 - $2,155 -
1966 $443 - $1,986 -
1965 $415 - $1,848 -
1964 $400 - $1,668 -
1963 $290.7 - $1,437 -
1962 $348 - $1,342 -
1961 $323 - $1,254 -
1960 $276.1 - $1,156 -

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

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $67,520 in the Netherlands, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while the Netherlands ranks 11th at $86,174.

Economic indicators

Gabon Netherlands
Gross domestic product
$20.9B
2024
$1.21T
2024
GDP rank
127/197
2024
19/197
2024
GDP growth
3.39%
2023-2024
1.08%
2023-2024
GDP per capita
$8,230
2024
$67,520
2024
GDP per capita rank
93/197
2024
13/197
2024
GDP per capita, PPP
$21,510
2024
$86,174
2024
GDP per capita PPP rank
90/197
2024
11/197
2024
Government debt
$15.2B
2024
$532B
2024
Debt-to-GDP ratio
72.7%
2024
43.8%
2024
Government debt per person
$5,985
2024
$29,571
2024
Government debt per person rank
75/185
2024
24/185
2024
Average annual personal income after taxes
$5,368
2026
$47,815
2026
Market capitalization of domestic companies n/a
$1.1T
2017
Number of millionaires n/a
1,267,000
2025
Number of billionaires n/a
13
2025
Income share by richest 10%
27.7%
2017
21.4%
2021
Income share by poorest 10%
2.2%
2017
3.6%
2021
Government expenditure, % of GDP
24.8%
2024
44.4%
2024
Consumer prices inflation
1.17%
2023-2024
3.35%
2023-2024
Unemployment rate
20.4%
2010
3.64%
2024
Population
2663339
18252623

Spending and national debt comparison by year

Gabon
Spending

Debt
Netherlands
Spending

Debt
1x
Year % of GDP
Gabon Netherlands
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 44.4% 43.8%
2023 21.5% 70.6% 44% 45.9%
2022 19.7% 65.6% 43.3% 48.4%
2021 17.3% 72.9% 45.9% 50.5%
2020 19.8% 83% 47.8% 53.4%
2019 17.4% 59.8% 42.1% 47.7%
2018 17.1% 62.3% 42.4% 51.6%
2017 18.1% 62.9% 42.8% 56%
2016 21.8% 64.5% 43.9% 60.9%
2015 22.3% 44.7% 45.3% 63.8%
2014 23.8% 34.1% 46.7% 67.2%
2013 34.7% 31.1% 47.5% 67.2%
2012 23.9% 21.4% 47.6% 65.7%
2011 22.1% 21.4% 47.8% 61.2%
2010 23.1% 21.3% 48.9% 58.9%
2009 22.6% 26% 48.4% 56.3%
2008 18.9% 20.1% 44.3% 54.4%
2007 19.4% 39.2% 43.3% 42.7%
2006 21.1% 34.9% 44% 45%
2005 20.8% 41.7% 43.4% 49.6%
2004 20.9% 60.3% 44.7% 50.1%
2003 21.2% 70.2% 45.8% 49.8%
2002 25.7% 81.1% 44.8% 48.7%
2001 27.8% 81% 44.1% 49.4%
2000 20.3% 72.5% 43.2% 52.2%
1999 25.5% 73.1% 44.3% 58.6%
1998 45.5% 87.6% 44.6% 62.7%
1997 29.7% 57% 45.7% 65.7%
1996 22.2% 64.5% 47.3% 71.2%
1995 25.1% 73.4% 53.9% 73%
1994 23.9% 71.3% 49.4% 73.5%
1993 26.9% 90.1% 50.9% 76.7%
1992 26.5% 87.9% 50.2% 75.6%
1991 25.1% 89.3% 49.6% 74.8%
1990 22.6% 90% 48.8% 75%
1989 - - 54.5% 73.7%
1988 - - 56.4% 73.7%
1987 - - 58.5% 71.3%
1986 - - 57% 68.9%
1985 - - 57.3% 67.1%
1984 - - 58.1% 61.9%
1983 - - 59.1% 58.4%
1982 - - 59.1% 52.4%
1981 - - 56.8% 46.9%
1980 - - 55.2% 43.6%
1979 - - 53.7% 39.5%
1978 - - 52.3% 38.1%
1977 - - 50.6% 34.9%
1976 - - 50.8% 35.2%
1975 - - 50.8% 36.1%
1974 - - 46.4% 36.3%
1973 - - 44.6% 38.1%
1972 - - 44.9% 41.3%
1971 - - 44.6% 43.7%
1970 - - 43.2% 46.1%
1969 - - 42.1% 48.2%
1968 - - 25.4% 54.4%
1967 - - 24.1% 55%
1966 - - 24.4% 55.6%
1965 - - 23.4% 55.8%
1964 - - 22.3% 57.1%
1963 - - 21.9% 61.7%
1962 - - 22.1% 63.8%
1961 - - 22.2% 65.9%
1960 - - 20.4% 66.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while the Netherlands spent $540B, or 44.4% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 43.8% in the Netherlands, ranking 51/185 and 123/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Netherlands
1x
Year Deficit/surplus, % of GDP
Gabon Netherlands
2024 -3.84% -0.94%
2023 1.79% -0.37%
2022 -0.89% 0.002%
2021 -1.93% -2.26%
2020 -2.19% -3.72%
2019 2.13% 1.91%
2018 -0.21% 1.49%
2017 -1.7% 1.35%
2016 -4.71% 0.23%
2015 -1.12% -1.84%
2014 5.98% -2.17%
2013 -3.07% -2.87%
2012 6.2% -3.83%
2011 1.41% -4.42%
2010 2.7% -5.3%
2009 6.77% -5.06%
2008 11% -0.06%
2007 8.06% -0.16%
2006 8.67% 0.04%
2005 7.98% -0.51%
2004 6.99% -1.82%
2003 7.75% -3.19%
2002 3.72% -2.23%
2001 4.07% -0.47%
2000 11.1% 1.14%
1999 1.11% 0.28%
1998 -13.1% -1.34%
1997 1.41% -1.6%
1996 2.12% -1.91%
1995 2.64% -8.72%
1994 -1.53% -3.53%
1993 -5.35% -3.13%
1992 -4.9% -3.12%
1991 -2.03% -2.05%
1990 -3.83% -4.08%
1989 - -5%
1988 - -4.23%
1987 - -5.39%
1986 - -4.62%
1985 - -3.6%
1984 - -5.25%
1983 - -5.47%
1982 - -6.17%
1981 - -4.92%
1980 - -3.95%
1979 - -2.46%
1978 - -2.09%
1977 - -0.75%
1976 - -2.02%
1975 - -2.82%
1974 - -0.26%
1973 - 0.54%
1972 - -0.7%
1971 - -1.58%
1970 - -1.52%
1969 - -1.14%
1968 - -3.06%
1967 - -1.97%
1966 - -2.37%
1965 - -1.15%
1964 - -1.2%
1963 - -0.54%
1962 - -1.38%
1961 - -0.38%
1960 - 0.9%
1959 - -0.74%
1958 - -0.89%
1957 - 0.3%
1956 - -0.83%
1955 - -0.25%
1954 - 0.76%
1953 - -2.95%
1952 - 2.19%
1951 - 2.13%
1950 - 0.81%
1949 - 2.3%
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -3.19%
1938 - -0.37%
1937 - 0.02%
1936 - -0.41%
1935 - -0.69%
1934 - -0.92%
1933 - -2.55%
1932 - -1.97%
1931 - -1.66%
1930 - -0.55%
1929 - -1.16%
1928 - -0.62%
1927 - -0.33%
1926 - -0.78%
1925 - -2.04%
1924 - -3.37%
1923 - -2.62%
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.45%
1912 - -0.47%
1911 - -0.13%
1910 - -0.93%
1909 - -0.34%
1908 - -0.57%
1907 - 0.03%
1906 - 0.16%
1905 - 0.1%
1904 - -0.72%
1903 - 0.09%
1902 - -0.14%
1901 - 0.03%
1900 - 0.06%
1899 - -0.13%
1898 - -0.48%
1897 - -0.45%
1896 - 0.08%
1895 - -0.06%
1894 - 0.12%
1893 - -0.76%
1892 - -1.72%
1891 - -0.06%
1890 - -0.06%
1889 - 0.04%
1888 - -0.31%
1887 - -0.37%
1886 - -0.08%
1885 - -0.55%
1884 - 0%
1883 - -2.1%
1882 - -1.11%
1881 - -1.06%
1880 - 0.21%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/gabon/netherlands | 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 the Netherlands' deficit of $11.5B, or 0.94% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while the Netherlands ran a deficit in 27 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 1.84% of GDP for the Netherlands.

Inflation comparison by year

Inflation
Gabon

Netherlands
1x
Year Consumer prices inflation
Gabon Netherlands
2024 1.17% 3.35%
2023 3.63% 3.84%
2022 4.23% 10%
2021 1.09% 2.68%
2020 1.35% 1.27%
2019 2.46% 2.63%
2018 4.75% 1.7%
2017 2.65% 1.38%
2016 2.11% 0.32%
2015 -0.34% 0.6%
2014 4.69% 0.98%
2013 0.51% 2.51%
2012 2.65% 2.46%
2011 1.26% 2.34%
2010 1.46% 1.28%
2009 1.89% 1.19%
2008 5.26% 2.49%
2007 5.03% 1.61%
2006 -1.41% 1.1%
2005 3.71% 1.69%
2004 0.41% 1.26%
2003 2.24% 2.09%
2002 0.04% 3.29%
2001 2.14% 4.16%
2000 0.5% 2.36%
1999 -1.94% 2.16%
1998 1.45% 1.96%
1997 3.97% 2.11%

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

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 2.31% in the Netherlands. In 2024, inflation was 1.17% in Gabon and 3.35% in the Netherlands.

Top exports between countries

Gabon
Export category Export value
Raw materials & minerals $643M
Machinery & equipment $57.8M
Wood & paper products $23.3M
Metals $1.72M
Textiles & consumer goods $137K
Chemicals & pharma $17K
Precious metals & jewellery $1K
Netherlands
Export category Export value
Animal & marine products $27.9M
Processed food, beverages & tobacco $21.1M
Machinery & equipment $20.4M
Miscellaneous $13.6M
Chemicals & pharma $6.35M
Raw materials & minerals $5.54M
Raw agricultural goods $3.43M
Metals $1.74M
Textiles & consumer goods $1.11M
Wood & paper products $550K

Balance of trade

Gabon Netherlands
Current account balance
$141M
2015
$111B
2024
Current account balance ranking
66/190
2015
5/190
2024
Current account balance, % of GDP
+0.98%
2015
+9.13%
2024
Goods imports
$3.17B
2015
$606B
2024
Goods exports
$5.11B
2015
$693B
2024
Service imports
$1.88B
2015
$262B
2024
Service exports
$277M
2015
$308B
2024
Imports of goods and services, % of GDP
27.5%
2024
71.4%
2024
Exports of goods and services, % of GDP
64.6%
2024
82.4%
2024

Economic freedom indices

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

Gabon Netherlands
Economic freedom 56.6 78.5
Economic freedom ranking 120/197 11/197
Property rights 30 96
Government integrity 22.6 86.8
Judicial effectiveness 19.9 96.1
Tax burden 76.5 54
Government spending 85.5 42.2
Fiscal health 87.9 95.9
Business freedom 63.6 85
Labor freedom 55.4 59.3
Monetary freedom 80.9 77
Trade freedom 57.4 79.4
Investment freedom 60 90
Financial freedom 40 80

Economic freedom comparison by year

Gabon
Netherlands
1x
Year Economic freedom index
Gabon Netherlands
2026 56.6 78.5
2025 56.3 78.2
2024 56.9 77.3
2023 56.1 78
2022 55.8 79.5
2021 58.1 76.8
2020 56.7 77
2019 56.3 76.8
2018 58 76.2
2017 58.6 75.8
2016 59 74.6
2015 58.3 73.7
2014 57.8 74.2
2013 57.8 73.5
2012 56.4 73.3
2011 56.7 74.7
2010 55.4 75
2009 55 77
2008 54.2 77.4
2007 54.8 75.5
2006 56.1 75.4
2005 54.8 72.9
2004 57.1 74.5
2003 58.7 74.6
2002 58 75.1
2001 55 73
2000 58.2 70.4
1999 60.5 70.2
1998 59.2 69.2
1997 58.8 70.4
1996 55.7 69.7
1995 57.5 -

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 78.5 for the Netherlands, ranking 11/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Netherlands
Services, % of GDP
36.8%
2024
70.5%
2024
Industry, % of GDP
52.9%
2024
17.5%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
1.73%
2024
GNI, Atlas method
$19.8B
2024
$1.12T
2024
GNI per capita, PPP
$20,400
2024
$84,970
2024
Total reserves including gold
$1.45B
2023
$79.1B
2024
Total reserves ranking
136/177
2023
34/177
2024
Net foreign direct investment
-$25.3M
2015
$11.1B
2024
Net inflows of foreign direct investment
$1.14B
2024
-$17.1B
2024
Net outflows of foreign direct investment
-$33.8M
2019
-$5.93B
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
n/a
Poverty at national poverty lines
33.4%
2017
14.5%
2021
Gross capital formation, % of GDP
19.1%
2024
19.7%
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/netherlands | 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)
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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.