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Economy of Gabon vs Oman compared: GDP & Debt

Updated on by Georank

Gabon has a GDP of $21.4B compared to $110B for Oman, ranking 132/197 and 70/197 by economy size, respectively.

Gabon has $16.9B in government debt (78.9% of GDP), compared to $39.2B (35.8% of GDP) in Oman.

Gabon vs Oman GDP by year

Gabon
Oman
1x
Year GDP, current $
Gabon Oman
2025 $21,427,119,323 $109,604,780,696
2024 $20,895,684,426 $107,137,198,700
2023 $19,388,372,071 $106,174,707,932
2022 $20,440,655,695 $109,852,795,839
2021 $19,444,935,097 $87,323,797,139
2020 $15,342,236,164 $75,909,492,848
2019 $16,874,405,465 $88,060,858,257
2018 $16,867,326,402 $91,505,851,756
2017 $14,929,487,485 $80,856,697,009
2016 $14,023,890,265 $75,128,738,622
2015 $14,383,107,763 $78,710,793,238
2014 $18,203,966,896 $92,699,089,727
2013 $17,595,744,798 $89,936,020,806
2012 $17,170,464,016 $87,408,842,653
2011 $18,210,307,744 $77,497,529,259
2010 $14,372,593,020 $64,993,498,049
2009 $12,113,699,068 $55,454,096,229
2008 $15,571,348,344 $69,804,681,404
2007 $12,455,409,587 $48,300,390,117
2006 $10,327,598,306 $42,577,633,290
2005 $9,582,783,991 $35,506,892,068
2004 $7,770,219,008 $28,378,933,680
2003 $6,511,903,365 $24,733,680,104
2002 $5,335,451,100 $23,065,539,662
2001 $5,023,265,413 $22,205,721,717
2000 $5,080,483,629 $22,259,557,867
1999 $4,662,992,036 $17,832,769,831
1998 $4,483,417,310 $16,044,213,264
1997 $5,326,817,115 $18,039,791,938
1996 $5,694,040,003 $17,402,080,624
1995 $4,958,845,648 $15,722,236,671
1994 $4,190,819,344 $14,715,214,564
1993 $4,378,645,081 $14,230,429,129
1992 $5,592,390,827 $14,183,615,085
1991 $5,402,919,785 $12,918,335,501
1990 $5,952,293,765 $13,310,273,082
1989 $4,186,411,464 $9,372,171,651
1988 $3,834,503,376 $8,386,215,865
1987 $3,281,797,043 $7,811,183,095
1986 $3,403,638,189 $7,324,167,369
1985 $3,339,914,757 $10,005,645,420
1984 $3,561,451,561 $8,821,443,151
1983 $3,391,275,732 $7,932,541,691
1982 $3,618,007,841 $7,554,719,456
1981 $3,862,269,121 $7,259,120,151
1980 $4,279,637,942 $5,981,760,278
1979 $3,030,251,120 $3,733,352,635
1978 $2,389,479,272 $2,740,301,390
1977 $2,809,349,069 $2,741,169,948
1976 $3,009,409,974 $2,560,220,035
1975 $2,157,592,940 $2,096,699,189
1974 $1,544,216,002 $1,645,917,776
1973 $722,780,701 $483,066,991
1972 $430,508,359 $366,883,548
1971 $381,687,073 $301,010,587
1970 $323,802,476 $256,319,795
1969 $318,124,701 $239,999,808
1968 $294,468,564 $188,879,849
1967 $271,543,680 $107,151,832
1966 $245,849,781 $67,759,973
1965 $226,474,286 $63,279,975
1964 $215,679,855 $61,872,526
1963 $154,480,244 $59,912,763
1962 $182,796,536 $56,273,202
1961 $167,637,907 $45,634,487
1960 $141,468,978 $44,234,656

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Gabon vs Oman by year

Gabon
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,263 - $19,947 -
2024 $8,230 $21,510 $20,285 $41,740
2023 $7,803 $20,756 $21,028 $41,945
2022 $8,409 $19,993 $23,224 $42,616
2021 $8,181 $18,524 $19,403 $38,719
2020 $6,606 $14,477 $16,785 $35,163
2019 $7,441 $15,950 $19,180 $37,251
2018 $7,624 $15,432 $19,902 $37,780
2017 $6,922 $14,797 $17,820 $33,619
2016 $6,677 $13,998 $17,110 $33,334
2015 $7,047 $14,306 $18,808 $36,058
2014 $9,201 $14,854 $23,161 $44,236
2013 $9,198 $14,498 $23,458 $47,013
2012 $9,297 $14,620 $24,642 $49,989
2011 $10,219 $14,784 $25,188 $52,393
2010 $8,357 $14,015 $23,570 $55,667
2009 $7,291 $13,384 $20,656 $55,127
2008 $9,689 $13,734 $26,577 $52,841
2007 $8,004 $14,391 $18,793 $48,627
2006 $6,847 $13,637 $16,931 $46,091
2005 $6,548 $14,028 $14,435 $43,673
2004 $5,466 $13,638 $11,801 $42,142
2003 $4,711 $13,564 $10,464 $40,935
2002 $3,966 $13,369 $9,869 $41,511
2001 $3,836 $13,556 $9,612 $41,679
2000 $3,983 $13,326 $9,754 $39,443
1999 $3,751 $13,629 $7,915 $36,792
1998 $3,700 $15,138 $7,219 $36,666
1997 $4,509 $14,837 $8,235 $36,809
1996 $4,943 $14,147 $8,068 $34,661
1995 $4,415 $13,750 $7,414 $33,598
1994 $3,828 $13,164 $7,068 $31,925
1993 $4,106 $12,757 $7,039 $30,987
1992 $5,386 $12,312 $7,318 $29,773
1991 $5,345 $12,760 $6,977 $28,109
1990 $6,051 $11,952 $7,546 $26,904
1989 $4,374 - $5,591 -
1988 $4,119 - $5,279 -
1987 $3,624 - $5,204 -
1986 $3,865 - $5,182 -
1985 $3,898 - $7,549 -
1984 $4,273 - $7,070 -
1983 $4,182 - $6,714 -
1982 $4,584 - $6,759 -
1981 $5,026 - $6,866 -
1980 $5,718 - $5,974 -
1979 $4,155 - $3,934 -
1978 $3,360 - $3,044 -
1977 $4,048 - $3,205 -
1976 $4,441 - $3,143 -
1975 $3,258 - $2,692 -
1974 $2,384 - $2,203 -
1973 $1,140 - $670 -
1972 $693 - $524 -
1971 $627 - $442 -
1970 $543 - $387 -
1969 $545 - $372 -
1968 $515 - $300 -
1967 $482 - $174.7 -
1966 $443 - $113.2 -
1965 $415 - $108.1 -
1964 $400 - $108.1 -
1963 $290.7 - $106.8 -
1962 $348 - $102.3 -
1961 $323 - $84.5 -
1960 $276.1 - $83.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Gabon's GDP per capita is $8,263, ranking 96/197, compared to $19,947 in Oman, ranking 60/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Oman ranks 55th at $41,740.

Economic indicators

Gabon Oman
Gross domestic product
$21.4B
2025
$110B
2025
GDP rank
132/197
2025
70/197
2025
GDP growth
2.47%
2024-2025
2.4%
2024-2025
GDP per capita
$8,263
2025
$19,947
2025
GDP per capita rank
96/197
2025
60/197
2025
GDP per capita, PPP
$21,510
2024
$41,740
2024
GDP per capita PPP rank
90/197
2024
55/197
2024
Government debt
$16.9B
2025
$39.2B
2025
Debt-to-GDP ratio
78.9%
2025
35.8%
2025
Government debt per person
$6,521
2025
$7,132
2025
Government debt per person rank
74/185
2025
70/185
2025
Average annual personal income after taxes
$5,617
2026
$19,851
2026
Market capitalization of domestic companies n/a
$41.3B
2025
Number of billionaires n/a
2
2026
Income share by richest 10%
27.7%
2017
n/a
Income share by poorest 10%
2.2%
2017
n/a
Government expenditure, % of GDP
28.6%
2025
28.9%
2025
Consumer prices inflation
1.77%
2024-2025
1%
2024-2025
Central bank interest rate n/a
4.5%
2025
Unemployment rate
17.4%
2024
3.3%
2024
Population
2676097
5775345

Spending and national debt comparison by year

Gabon
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Gabon Oman
Government spending Government debt Government spending Government debt
2025 28.6% 78.9% 28.9% 35.8%
2024 24.8% 70.9% 28.7% 35.5%
2023 21.5% 70.6% 27.5% 37.4%
2022 19.7% 65.6% 31.1% 41.7%
2021 17.3% 72.9% 36.5% 61.9%
2020 19.8% 83% 44.5% 67.9%
2019 17.4% 59.8% 38.8% 52.5%
2018 17.1% 62.3% 38.3% 44.7%
2017 18.1% 62.9% 39.4% 40.1%
2016 21.8% 64.5% 44.6% 29.3%
2015 22.3% 44.7% 44.5% 13.9%
2014 23.8% 34.1% 41.4% 4.04%
2013 34.7% 31.1% 39.3% 4.66%
2012 23.9% 21.4% 38.6% 4.59%
2011 22.1% 21.4% 34.5% 4.44%
2010 23.1% 21.3% 30.6% 5.46%
2009 22.6% 26% 33.4% 5.8%
2008 18.9% 20.1% 25.6% 3.2%
2007 19.4% 39.2% 30.7% 4.44%
2006 21.1% 34.9% 30.1% 7.56%
2005 20.8% 41.7% 30.6% 8.39%
2004 20.9% 60.3% 34.1% 14.5%
2003 21.2% 70.2% 34% 13%
2002 25.7% 81.1% 34.1% 15.9%
2001 27.8% 81% 33.3% 22.5%
2000 20.3% 72.5% 31.2% 21.7%
1999 25.5% 73.1% 34.2% 28.9%
1998 45.5% 87.6% 36.1% 30.9%
1997 29.7% 57% 32.1% 20.8%
1996 22.2% 64.5% 33.5% 21.2%
1995 25.1% 73.4% 38.2% 21.9%
1994 23.9% 71.3% 39.7% 23.6%
1993 26.9% 90.1% 40.1% 22.2%
1992 26.5% 87.9% 40.1% 23.1%
1991 25.1% 89.3% 37.4% 22.6%
1990 22.6% 90% 36.5% 17.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Gabon's government spending was $6.14B, accounting for 28.6% of its GDP, while Oman spent $31.7B, or 28.9% of GDP.

Debt-to-GDP ratio is 78.9% in Gabon and 35.8% in Oman, ranking 44/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Oman
1x
Year Deficit/surplus, % of GDP
Gabon Oman
2025 -8.47% 1.04%
2024 -3.3% 3.22%
2023 1.79% 6.72%
2022 -0.89% 10.3%
2021 -1.93% -3.17%
2020 -2.19% -15.7%
2019 2.13% -4.83%
2018 -0.21% -6.72%
2017 -1.7% -10.5%
2016 -4.71% -19.6%
2015 -1.12% -13.5%
2014 5.98% -1.58%
2013 -3.07% 2.78%
2012 6.2% 4.07%
2011 1.41% 8.24%
2010 2.7% 4.95%
2009 6.77% -0.27%
2008 11% 14.7%
2007 8.06% 10.5%
2006 8.67% 12.2%
2005 7.98% 11.2%
2004 6.99% 5.43%
2003 7.75% 5.92%
2002 3.72% 5.31%
2001 4.07% 7.55%
2000 11.1% 12.2%
1999 1.11% 0.3%
1998 -13.1% -4.37%
1997 1.41% 4.77%
1996 2.12% 2.22%
1995 2.64% -3.9%
1994 -1.53% -7.47%
1993 -5.35% -6.84%
1992 -4.9% -4.85%
1991 -2.03% 0.12%
1990 -3.83% 4.78%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Gabon's government deficit, the difference between spending and revenue, was $1.82B, equivalent to 8.47% of GDP. This compares to Oman's surplus of $1.14B, or 1.04% of GDP.

Over the past 36 years, Gabon recorded a fiscal deficit in 16 of those years, while Oman ran a deficit in 14 years. On average, Gabon posted an annual surplus equal to 1.26% of GDP, compared to surplus of 0.98% of GDP for Oman.

Inflation comparison by year

Inflation
Gabon

Oman
1x
Year Consumer prices inflation
Gabon Oman
2025 1.77% 1%
2024 1.17% 0.6%
2023 3.63% 1%
2022 4.23% 2.5%
2021 1.09% 1.7%
2020 1.35% -0.4%
2019 2.46% 0.5%
2018 4.75% 0.7%
2017 2.65% 1.5%
2016 2.11% 0.9%
2015 -0.34% 0.1%
2014 4.69% 1.2%
2013 0.51% 1.3%
2012 2.65% 2.9%
2011 1.26% 4.1%
2010 1.46% 3.3%
2009 1.89% 3.5%
2008 5.26% 12.6%
2007 5.03% 5.9%
2006 -1.41% 3.2%
2005 3.71% 1.9%
2004 0.41% 0.8%
2003 2.24% 0.2%
2002 0.04% -0.3%
2001 2.14% -0.8%
2000 0.5% -1.2%
1999 -1.94% 0.5%
1998 1.45% 0.4%
1997 3.97% -0.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 1.7% in Oman. In 2025, inflation was 1.77% in Gabon and 1% in Oman.

Top exports between countries

Gabon
Export category Export value
Machinery & equipment $220K
Wood & paper products $12K
Metals $1K
Raw materials & minerals $1K
Oman
Export category Export value
Animal & marine products $776K
Machinery & equipment $108K
Processed food, beverages & tobacco $96K
Chemicals & pharma $76K
Textiles & consumer goods $32K
Raw materials & minerals $9K
Metals $3K
Miscellaneous $3K

Balance of trade

Gabon Oman
Current account balance
$141M
2015
$3.07B
2024
Current account balance ranking
61/190
2015
37/190
2024
Current account balance, % of GDP
+0.98%
2015
+2.86%
2024
Goods imports
$3.17B
2015
$39.5B
2024
Goods exports
$5.11B
2015
$65.2B
2024
Service imports
$1.88B
2015
$12.8B
2024
Service exports
$277M
2015
$5.64B
2024
Imports of goods and services, % of GDP
29.4%
2025
48.8%
2024
Exports of goods and services, % of GDP
55.5%
2025
66.1%
2024

Economic freedom indices

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

Gabon Oman
Economic freedom 56.6 68.5
Economic freedom ranking 120/197 45/197
Property rights 30 71.8
Government integrity 22.6 49.4
Judicial effectiveness 19.9 28
Tax burden 76.5 97.6
Government spending 85.5 74.7
Fiscal health 87.9 97.5
Business freedom 63.6 67.8
Labor freedom 55.4 47.7
Monetary freedom 80.9 79.2
Trade freedom 57.4 78.4
Investment freedom 60 70
Financial freedom 40 60

Economic freedom comparison by year

Gabon
Oman
1x
Year Economic freedom index
Gabon Oman
2026 56.6 68.5
2025 56.3 65.4
2024 56.9 62.9
2023 56.1 58.5
2022 55.8 56.6
2021 58.1 64.6
2020 56.7 63.6
2019 56.3 61
2018 58 61
2017 58.6 62.1
2016 59 67.1
2015 58.3 66.7
2014 57.8 67.4
2013 57.8 68.1
2012 56.4 67.9
2011 56.7 69.8
2010 55.4 67.7
2009 55 67
2008 54.2 67.3
2007 54.8 65.8
2006 56.1 63.7
2005 54.8 66.5
2004 57.1 66.9
2003 58.7 64.6
2002 58 64
2001 55 67.7
2000 58.2 64.1
1999 60.5 64.9
1998 59.2 64.9
1997 58.8 64.5
1996 55.7 65.4
1995 57.5 70.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Oman
Services, % of GDP
42.3%
2025
47.2%
2025
Industry, % of GDP
47.2%
2025
52.7%
2025
Agriculture, forestry, and fishing, % of GDP
6.75%
2025
2.81%
2025
GNI, Atlas method
$21B
2025
$103B
2024
GNI per capita, PPP
$21,660
2025
$39,390
2024
Total reserves including gold
$639M
2024
$18.3B
2024
Total reserves ranking
150/177
2024
68/177
2024
Net foreign direct investment
-$25.3M
2015
-$12.6B
2024
Net inflows of foreign direct investment
$1.14B
2024
$12.5B
2024
Net outflows of foreign direct investment
-$33.8M
2019
-$143M
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
n/a
Poverty at national poverty lines
33.4%
2017
n/a
Gross capital formation, % of GDP
24.8%
2025
24.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2024, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.