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Economy of Gabon vs Saint Vincent compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $1.16B for Saint Vincent, ranking 127/197 and 186/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $1.07B (92.7% of GDP) in Saint Vincent.

Gabon vs Saint Vincent GDP by year

Gabon
Saint Vincent
1x
Year GDP, current $
Gabon Saint Vincent
2024 $20,895,684,426 $1,157,207,407
2023 $19,388,372,071 $1,072,237,037
2022 $20,440,655,695 $989,188,889
2021 $19,444,935,097 $888,677,778
2020 $15,342,236,164 $864,566,667
2019 $16,874,405,465 $910,481,481
2018 $16,867,326,402 $884,329,630
2017 $14,929,487,485 $844,040,741
2016 $14,023,890,265 $814,303,704
2015 $14,383,107,763 $786,555,556
2014 $18,203,966,896 $770,900,000
2013 $17,595,744,798 $764,781,259
2012 $17,170,464,016 $730,032,593
2011 $18,210,307,744 $713,796,370
2010 $14,372,593,020 $720,447,889
2009 $12,113,699,068 $714,300,259
2008 $15,571,348,344 $732,663,259
2007 $12,455,409,587 $713,596,667
2006 $10,327,598,306 $643,501,148
2005 $9,582,783,991 $579,948,926
2004 $7,770,219,008 $549,900,185
2003 $6,511,903,365 $509,090,889
2002 $5,335,451,100 $487,763,852
2001 $5,023,265,413 $462,072,333
2000 $5,080,483,629 $427,946,037
1999 $4,662,992,036 $390,718,519
1998 $4,483,417,310 $373,618,519
1997 $5,326,817,115 $347,770,370
1996 $5,694,040,003 $331,488,889
1995 $4,958,845,648 $316,007,407
1994 $4,190,819,344 $289,437,037
1993 $4,378,645,081 $286,307,407
1992 $5,592,390,827 $277,955,556
1991 $5,402,919,785 $254,829,630
1990 $5,952,293,765 $240,366,667
1989 $4,186,411,464 $214,745,002
1988 $3,834,503,376 $200,726,713
1987 $3,281,797,043 $175,580,647
1986 $3,403,638,189 $160,846,657
1985 $3,339,914,757 $145,641,705
1984 $3,561,451,561 $135,024,988
1983 $3,391,275,732 $122,255,350
1982 $3,618,007,841 $113,759,203
1981 $3,862,269,121 $102,086,539
1980 $4,279,637,942 $82,340,340
1979 $3,030,251,120 $71,096,360
1978 $2,389,479,272 $60,844,771
1977 $2,809,349,069 $49,353,162
1976 $3,009,409,974 $32,792,845
1975 $2,157,592,940 $33,237,226
1974 $1,544,216,002 $32,923,703
1973 $722,780,701 $30,165,081
1972 $430,508,359 $27,585,805
1971 $381,687,073 $20,051,922
1970 $323,802,476 $18,450,000
1969 $318,124,701 $16,650,000
1968 $294,468,564 $15,350,000
1967 $271,543,680 $15,835,106
1966 $245,849,781 $16,099,960
1965 $226,474,286 $15,108,296
1964 $215,679,855 $14,758,296
1963 $154,480,244 $13,708,299
1962 $182,796,536 $14,524,964
1961 $167,637,907 $13,999,965
1960 $141,468,978 $13,066,634

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

GeoRank.org/economy/gabon/saint-vincent | CC BY

GDP per capita in Gabon vs Saint Vincent by year

Gabon
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $11,501 $21,272
2023 $7,803 $20,756 $10,582 $19,820
2022 $8,409 $19,993 $9,694 $18,035
2021 $8,181 $18,524 $8,641 $16,201
2020 $6,606 $14,477 $8,351 $15,337
2019 $7,441 $15,950 $8,741 $15,340
2018 $7,624 $15,432 $8,428 $14,690
2017 $6,922 $14,797 $7,988 $13,575
2016 $6,677 $13,998 $7,657 $13,493
2015 $7,047 $14,306 $7,354 $12,379
2014 $9,201 $14,854 $7,169 $12,136
2013 $9,198 $14,498 $7,072 $11,625
2012 $9,297 $14,620 $6,714 $10,989
2011 $10,219 $14,784 $6,528 $10,774
2010 $8,357 $14,015 $6,552 $10,561
2009 $7,291 $13,384 $6,464 $10,869
2008 $9,689 $13,734 $6,599 $10,902
2007 $8,004 $14,391 $6,398 $10,604
2006 $6,847 $13,637 $5,745 $9,949
2005 $6,548 $14,028 $5,157 $8,986
2004 $5,466 $13,638 $4,873 $8,472
2003 $4,711 $13,564 $4,500 $7,903
2002 $3,966 $13,369 $4,303 $7,250
2001 $3,836 $13,556 $4,071 $6,768
2000 $3,983 $13,326 $3,769 $6,503
1999 $3,751 $13,629 $3,447 $6,266
1998 $3,700 $15,138 $3,301 $6,026
1997 $4,509 $14,837 $3,074 $5,726
1996 $4,943 $14,147 $2,930 $5,440
1995 $4,415 $13,750 $2,795 $5,277
1994 $3,828 $13,164 $2,563 $4,802
1993 $4,106 $12,757 $2,540 $4,769
1992 $5,386 $12,312 $2,471 $4,477
1991 $5,345 $12,760 $2,271 $4,126
1990 $6,051 $11,952 $2,150 $3,960
1989 $4,374 - $1,930 -
1988 $4,119 - $1,814 -
1987 $3,624 - $1,596 -
1986 $3,865 - $1,472 -
1985 $3,898 - $1,342 -
1984 $4,273 - $1,254 -
1983 $4,182 - $1,144 -
1982 $4,584 - $1,074 -
1981 $5,026 - $972 -
1980 $5,718 - $790 -
1979 $4,155 - $687 -
1978 $3,360 - $592 -
1977 $4,048 - $484 -
1976 $4,441 - $324 -
1975 $3,258 - $331 -
1974 $2,384 - $331 -
1973 $1,140 - $306 -
1972 $693 - $282.1 -
1971 $627 - $207 -
1970 $543 - $192.3 -
1969 $545 - $175.2 -
1968 $515 - $163.1 -
1967 $482 - $170 -
1966 $443 - $174.9 -
1965 $415 - $166.2 -
1964 $400 - $164.4 -
1963 $290.7 - $154.9 -
1962 $348 - $166.5 -
1961 $323 - $163 -
1960 $276.1 - $154.8 -

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

GeoRank.org/economy/gabon/saint-vincent | CC BY

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $11,501 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Gabon Saint Vincent
Gross domestic product
$20.9B
2024
$1.16B
2024
GDP rank
127/197
2024
186/197
2024
GDP growth
3.39%
2023-2024
4.06%
2023-2024
GDP per capita
$8,230
2024
$11,501
2024
GDP per capita rank
93/197
2024
81/197
2024
GDP per capita, PPP
$21,510
2024
$21,272
2024
GDP per capita PPP rank
90/197
2024
92/197
2024
Government debt
$15.2B
2024
$1.07B
2024
Debt-to-GDP ratio
72.7%
2024
92.7%
2024
Government debt per person
$5,985
2024
$10,659
2024
Government debt per person rank
75/185
2024
56/185
2024
Average annual personal income after taxes
$5,368
2026
$12,573
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
24.8%
2024
39.1%
2024
Consumer prices inflation
1.17%
2023-2024
3.63%
2023-2024
Unemployment rate
20.4%
2010
18.8%
2008
Population
2663339
99237

Spending and national debt comparison by year

Gabon
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Gabon Saint Vincent
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 39.1% 92.7%
2023 21.5% 70.6% 38.9% 89.4%
2022 19.7% 65.6% 36.6% 86.3%
2021 17.3% 72.9% 37.2% 88.4%
2020 19.8% 83% 32.9% 80.2%
2019 17.4% 59.8% 29.2% 68.2%
2018 17.1% 62.3% 26.3% 69.4%
2017 18.1% 62.9% 26.6% 69%
2016 21.8% 64.5% 27.1% 79.4%
2015 22.3% 44.7% 27.6% 75.1%
2014 23.8% 34.1% 30.4% 75%
2013 34.7% 31.1% 29.4% 69.9%
2012 23.9% 21.4% 26.5% 68.1%
2011 22.1% 21.4% 29.4% 64%
2010 23.1% 21.3% 31.1% 61.1%
2009 22.6% 26% 31% 57.2%
2008 18.9% 20.1% 28.4% 50.3%
2007 19.4% 39.2% 27.1% 48.5%
2006 21.1% 34.9% 26.1% 44.7%
2005 20.8% 41.7% 26.7% 50.5%
2004 20.9% 60.3% 24.9% 58.6%
2003 21.2% 70.2% 26% 55.3%
2002 25.7% 81.1% 25.7% 53.2%
2001 27.8% 81% 24.4% 52%
2000 20.3% 72.5% 23.8% 54.3%
1999 25.5% 73.1% 25.2% 52.9%
1998 45.5% 87.6% 25.2% 39.5%
1997 29.7% 57% 26% 38.8%
1996 22.2% 64.5% 20.9% 40.7%
1995 25.1% 73.4% 19.9% 46.8%
1994 23.9% 71.3% 22.4% 52.8%
1993 26.9% 90.1% 22.3% 48.1%
1992 26.5% 87.9% 25.4% 49.6%
1991 25.1% 89.3% 25.5% 52.1%
1990 22.6% 90% 23.1% 53.9%
1989 - - 27.6% -
1988 - - 24.8% -
1987 - - 23.7% -
1986 - - 22.3% -
1985 - - 21.4% -
1984 - - 23.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

GeoRank.org/economy/gabon/saint-vincent | CC BY

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Saint Vincent spent $453M, or 39.1% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 92.7% in Saint Vincent, ranking 51/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Gabon Saint Vincent
2024 -3.84% -12.9%
2023 1.79% -12%
2022 -0.89% -9.35%
2021 -1.93% -7.19%
2020 -2.19% -5.92%
2019 2.13% -3.45%
2018 -0.21% -1.65%
2017 -1.7% -1.56%
2016 -4.71% 0.04%
2015 -1.12% -2.01%
2014 5.98% -2.82%
2013 -3.07% -5.81%
2012 6.2% -1.81%
2011 1.41% -3.5%
2010 2.7% -3.7%
2009 6.77% -2.85%
2008 11% -1.3%
2007 8.06% -3.07%
2006 8.67% -3.13%
2005 7.98% -4.3%
2004 6.99% -2.71%
2003 7.75% -2.51%
2002 3.72% -2%
2001 4.07% -1.6%
2000 11.1% -0.82%
1999 1.11% -1.93%
1998 -13.1% -1.81%
1997 1.41% -2.77%
1996 2.12% 1.57%
1995 2.64% 1.08%
1994 -1.53% 0.12%
1993 -5.35% -1.46%
1992 -4.9% -3.25%
1991 -2.03% -0.47%
1990 -3.83% 1.69%
1989 - -1.92%
1988 - 0.59%
1987 - 1.1%
1986 - 2.32%
1985 - 4.23%
1984 - 2.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

GeoRank.org/economy/gabon/saint-vincent | 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 Saint Vincent's deficit of $149M, or 12.9% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while Saint Vincent ran a deficit in 30 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 3% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Gabon

Saint Vincent
1x
Year Consumer prices inflation
Gabon Saint Vincent
2024 1.17% 3.63%
2023 3.63% 4.56%
2022 4.23% 5.66%
2021 1.09% 1.57%
2020 1.35% -0.63%
2019 2.46% 0.91%
2018 4.75% 2.32%
2017 2.65% 2.15%
2016 2.11% -0.15%
2015 -0.34% -1.73%
2014 4.69% 0.19%
2013 0.51% 0.81%
2012 2.65% 2.6%
2011 1.26% 3.19%
2010 1.46% 0.75%
2009 1.89% 0.42%
2008 5.26% 10.1%
2007 5.03% 7.24%
2006 -1.41% 2.74%
2005 3.71% 3.73%
2004 0.41% 2.96%
2003 2.24% 0.21%
2002 0.04% 1.86%
2001 2.14% 0.9%
2000 0.5% 0.17%
1999 -1.94% 1.01%
1998 1.45% 2.14%
1997 3.97% 0.44%

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

GeoRank.org/economy/gabon/saint-vincent | CC BY

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 2.13% in Saint Vincent. In 2024, inflation was 1.17% in Gabon and 3.63% in Saint Vincent.

Top exports between countries

Gabon
Export category Export value
Machinery & equipment $13.7M
Raw materials & minerals $173K
Saint Vincent
Export category Export value

Balance of trade

Gabon Saint Vincent
Current account balance
$141M
2015
-$157M
2024
Current account balance ranking
66/190
2015
93/190
2024
Current account balance, % of GDP
+0.98%
2015
-13.5%
2024
Goods imports
$3.17B
2015
$445M
2024
Goods exports
$5.11B
2015
$59.2M
2024
Service imports
$1.88B
2015
$196M
2024
Service exports
$277M
2015
$366M
2024
Imports of goods and services, % of GDP
27.5%
2024
n/a
Exports of goods and services, % of GDP
64.6%
2024
15.3%
2025

Economic freedom indices

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

Gabon Saint Vincent
Economic freedom 56.6 60
Economic freedom ranking 120/197 98/197
Property rights 30 65.2
Government integrity 22.6 63.3
Judicial effectiveness 19.9 76.9
Tax burden 76.5 82
Government spending 85.5 56.2
Fiscal health 87.9 2.8
Business freedom 63.6 67.3
Labor freedom 55.4 60.1
Monetary freedom 80.9 77.3
Trade freedom 57.4 58.8
Investment freedom 60 70
Financial freedom 40 40

Economic freedom comparison by year

Gabon
Saint Vincent
1x
Year Economic freedom index
Gabon Saint Vincent
2026 56.6 60
2025 56.3 60.1
2024 56.9 59.8
2023 56.1 63.5
2022 55.8 65.7
2021 58.1 66.3
2020 56.7 66.8
2019 56.3 65.8
2018 58 67.7
2017 58.6 65.2
2016 59 68.8
2015 58.3 68
2014 57.8 67
2013 57.8 66.7
2012 56.4 66.5
2011 56.7 66.9
2010 55.4 66.9
2009 55 64.3
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/saint-vincent | CC BY

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Saint Vincent
Services, % of GDP
36.8%
2024
66.4%
2024
Industry, % of GDP
52.9%
2024
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
3.55%
2024
GNI, Atlas method
$19.8B
2024
$1.11B
2024
GNI per capita, PPP
$20,400
2024
$21,150
2024
Total reserves including gold
$1.45B
2023
$317M
2024
Total reserves ranking
136/177
2023
167/177
2024
Net foreign direct investment
-$25.3M
2015
-$74M
2024
Net inflows of foreign direct investment
$1.14B
2024
$139M
2024
Net outflows of foreign direct investment
-$33.8M
2019
-$1.92M
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
3.84%
2024
Poverty at national poverty lines
33.4%
2017
n/a
Gross capital formation, % of GDP
19.1%
2024
n/a

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/saint-vincent | 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 (1984–1989, retrieved 2026-02-20)
  6. TradeMap (2020–2021, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.