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Economy of Gabon vs Slovakia compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $141B for Slovakia, ranking 127/197 and 61/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $80.7B (57.2% of GDP) in Slovakia.

Gabon vs Slovakia GDP by year

Gabon
Slovakia
1x
Year GDP, current $
Gabon Slovakia
2024 $20,895,684,426 $140,934,076,532
2023 $19,388,372,071 $133,578,518,424
2022 $20,440,655,695 $115,792,972,358
2021 $19,444,935,097 $120,511,265,913
2020 $15,342,236,164 $107,732,602,896
2019 $16,874,405,465 $105,843,498,304
2018 $16,867,326,402 $106,611,673,365
2017 $14,929,487,485 $95,978,130,735
2016 $14,023,890,265 $90,347,173,229
2015 $14,383,107,763 $89,178,548,717
2014 $18,203,966,896 $101,713,075,599
2013 $17,595,744,798 $99,134,277,850
2012 $17,170,464,016 $94,724,394,278
2011 $18,210,307,744 $99,705,104,723
2010 $14,372,593,020 $91,112,160,801
2009 $12,113,699,068 $89,342,984,698
2008 $15,571,348,344 $100,830,060,553
2007 $12,455,409,587 $86,587,749,518
2006 $10,327,598,306 $70,751,813,443
2005 $9,582,783,991 $62,547,753,148
2004 $7,770,219,008 $57,215,475,076
2003 $6,511,903,365 $46,616,149,117
2002 $5,335,451,100 $35,243,658,399
2001 $5,023,265,413 $30,726,659,551
2000 $5,080,483,629 $29,215,726,005
1999 $4,662,992,036 $30,496,272,225
1998 $4,483,417,310 $29,976,207,629
1997 $5,326,817,115 $27,844,628,979
1996 $5,694,040,003 $28,197,790,875
1995 $4,958,845,648 $26,180,022,222
1994 $4,190,819,344 $20,428,139,756
1993 $4,378,645,081 $16,737,973,764
1992 $5,592,390,827 $15,699,327,209
1991 $5,402,919,785 $14,459,924,589
1990 $5,952,293,765 $12,915,046,978
1989 $4,186,411,464 -
1988 $3,834,503,376 -
1987 $3,281,797,043 -
1986 $3,403,638,189 -
1985 $3,339,914,757 -
1984 $3,561,451,561 -
1983 $3,391,275,732 -
1982 $3,618,007,841 -
1981 $3,862,269,121 -
1980 $4,279,637,942 -
1979 $3,030,251,120 -
1978 $2,389,479,272 -
1977 $2,809,349,069 -
1976 $3,009,409,974 -
1975 $2,157,592,940 -
1974 $1,544,216,002 -
1973 $722,780,701 -
1972 $430,508,359 -
1971 $381,687,073 -
1970 $323,802,476 -
1969 $318,124,701 -
1968 $294,468,564 -
1967 $271,543,680 -
1966 $245,849,781 -
1965 $226,474,286 -
1964 $215,679,855 -
1963 $154,480,244 -
1962 $182,796,536 -
1961 $167,637,907 -
1960 $141,468,978 -

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

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

GDP per capita in Gabon vs Slovakia by year

Gabon
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $25,993 $48,132
2023 $7,803 $20,756 $24,615 $45,974
2022 $8,409 $19,993 $21,318 $41,562
2021 $8,181 $18,524 $22,123 $38,346
2020 $6,606 $14,477 $19,735 $35,328
2019 $7,441 $15,950 $19,406 $33,986
2018 $7,624 $15,432 $19,573 $31,510
2017 $6,922 $14,797 $17,646 $30,246
2016 $6,677 $13,998 $16,636 $29,868
2015 $7,047 $14,306 $16,442 $30,148
2014 $9,201 $14,854 $18,771 $29,108
2013 $9,198 $14,498 $18,313 $28,075
2012 $9,297 $14,620 $17,517 $27,023
2011 $10,219 $14,784 $18,469 $26,202
2010 $8,357 $14,015 $16,899 $25,382
2009 $7,291 $13,384 $16,587 $23,077
2008 $9,689 $13,734 $18,744 $23,714
2007 $8,004 $14,391 $16,110 $21,232
2006 $6,847 $13,637 $13,168 $18,906
2005 $6,548 $14,028 $11,642 $16,570
2004 $5,466 $13,638 $10,650 $15,166
2003 $4,711 $13,564 $8,675 $14,088
2002 $3,966 $13,369 $6,555 $13,292
2001 $3,836 $13,556 $5,712 $12,367
2000 $3,983 $13,326 $5,422 $11,370
1999 $3,751 $13,629 $5,652 $10,726
1998 $3,700 $15,138 $5,561 $10,666
1997 $4,509 $14,837 $5,172 $10,137
1996 $4,943 $14,147 $5,248 $9,500
1995 $4,415 $13,750 $4,883 $8,812
1994 $3,828 $13,164 $3,821 $8,178
1993 $4,106 $12,757 $3,143 $7,569
1992 $5,386 $12,312 $2,959 $7,270
1991 $5,345 $12,760 $2,727 $7,623
1990 $6,051 $11,952 $2,437 $8,638
1989 $4,374 - - -
1988 $4,119 - - -
1987 $3,624 - - -
1986 $3,865 - - -
1985 $3,898 - - -
1984 $4,273 - - -
1983 $4,182 - - -
1982 $4,584 - - -
1981 $5,026 - - -
1980 $5,718 - - -
1979 $4,155 - - -
1978 $3,360 - - -
1977 $4,048 - - -
1976 $4,441 - - -
1975 $3,258 - - -
1974 $2,384 - - -
1973 $1,140 - - -
1972 $693 - - -
1971 $627 - - -
1970 $543 - - -
1969 $545 - - -
1968 $515 - - -
1967 $482 - - -
1966 $443 - - -
1965 $415 - - -
1964 $400 - - -
1963 $290.7 - - -
1962 $348 - - -
1961 $323 - - -
1960 $276.1 - - -

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

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $25,993 in Slovakia, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Slovakia ranks 49th at $48,132.

Economic indicators

Gabon Slovakia
Gross domestic product
$20.9B
2024
$141B
2024
GDP rank
127/197
2024
61/197
2024
GDP growth
3.39%
2023-2024
1.94%
2023-2024
GDP per capita
$8,230
2024
$25,993
2024
GDP per capita rank
93/197
2024
47/197
2024
GDP per capita, PPP
$21,510
2024
$48,132
2024
GDP per capita PPP rank
90/197
2024
49/197
2024
Government debt
$15.2B
2024
$80.7B
2024
Debt-to-GDP ratio
72.7%
2024
57.2%
2024
Government debt per person
$5,985
2024
$14,876
2024
Government debt per person rank
75/185
2024
40/185
2024
Average annual personal income after taxes
$5,368
2026
$17,983
2026
Market capitalization of domestic companies n/a
$5.38B
2014
Number of billionaires n/a
2
2025
Income share by richest 10%
27.7%
2017
18.8%
2023
Income share by poorest 10%
2.2%
2017
3.3%
2023
Government expenditure, % of GDP
24.8%
2024
47.1%
2024
Consumer prices inflation
1.17%
2023-2024
2.76%
2023-2024
Unemployment rate
20.4%
2010
5.34%
2024
Population
2663339
5359438

Spending and national debt comparison by year

Gabon
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Gabon Slovakia
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 47.1% 57.2%
2023 21.5% 70.6% 48% 55.6%
2022 19.7% 65.6% 43% 57.7%
2021 17.3% 72.9% 44.9% 60.2%
2020 19.8% 83% 44.5% 58.4%
2019 17.4% 59.8% 40.6% 48%
2018 17.1% 62.3% 39.7% 49.3%
2017 18.1% 62.9% 39.8% 51.4%
2016 21.8% 64.5% 40.9% 52.1%
2015 22.3% 44.7% 44.1% 51.6%
2014 23.8% 34.1% 42% 53.4%
2013 34.7% 31.1% 41.1% 54.6%
2012 23.9% 21.4% 40% 51.7%
2011 22.1% 21.4% 40.8% 43.3%
2010 23.1% 21.3% 41% 40.7%
2009 22.6% 26% 43.2% 36.4%
2008 18.9% 20.1% 36.5% 28.6%
2007 19.4% 39.2% 35.9% 30.4%
2006 21.1% 34.9% 38.2% 31.5%
2005 20.8% 41.7% 39.1% 35%
2004 20.9% 60.3% 38.4% 42%
2003 21.2% 70.2% 40% 43.6%
2002 25.7% 81.1% 46% 45.6%
2001 27.8% 81% 46.2% 51.4%
2000 20.3% 72.5% 53.2% 50.6%
1999 25.5% 73.1% 48.4% 47.1%
1998 45.5% 87.6% 46.2% 33.9%
1997 29.7% 57% 48.6% 32.8%
1996 22.2% 64.5% 52.8% 30.3%
1995 25.1% 73.4% 47.8% 21.3%
1994 23.9% 71.3% - -
1993 26.9% 90.1% - -
1992 26.5% 87.9% - -
1991 25.1% 89.3% - -
1990 22.6% 90% - -

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

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Slovakia spent $66.4B, or 47.1% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 57.2% in Slovakia, ranking 51/185 and 90/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Slovakia
1x
Year Deficit/surplus, % of GDP
Gabon Slovakia
2024 -3.84% -5.27%
2023 1.79% -5.15%
2022 -0.89% -1.16%
2021 -1.93% -5.09%
2020 -2.19% -5.3%
2019 2.13% -1.21%
2018 -0.21% -1.01%
2017 -1.7% -0.98%
2016 -4.71% -2.59%
2015 -1.12% -2.78%
2014 5.98% -3.25%
2013 -3.07% -2.86%
2012 6.2% -4.37%
2011 1.41% -4.36%
2010 2.7% -7.44%
2009 6.77% -8.18%
2008 11% -2.54%
2007 8.06% -2.26%
2006 8.67% -3.57%
2005 7.98% -2.86%
2004 6.99% -2.36%
2003 7.75% -2.28%
2002 3.72% -8.35%
2001 4.07% -7.74%
2000 11.1% -12.7%
1999 1.11% -7.25%
1998 -13.1% -5.37%
1997 1.41% -6.24%
1996 2.12% -9.72%
1995 2.64% -3.43%
1994 -1.53% -
1993 -5.35% -
1992 -4.9% -
1991 -2.03% -
1990 -3.83% -

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

GeoRank.org/economy/gabon/slovakia | 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 Slovakia's deficit of $7.43B, or 5.27% of GDP.

Over the past 30 years, Gabon recorded a fiscal deficit in 10 of those years, while Slovakia ran a deficit in 30 years. On average, Gabon posted an annual surplus equal to 2.36% of GDP, compared to deficit of 4.59% of GDP for Slovakia.

Inflation comparison by year

Inflation
Gabon

Slovakia
1x
Year Consumer prices inflation
Gabon Slovakia
2024 1.17% 2.76%
2023 3.63% 10.5%
2022 4.23% 12.8%
2021 1.09% 3.15%
2020 1.35% 1.94%
2019 2.46% 2.66%
2018 4.75% 2.51%
2017 2.65% 1.31%
2016 2.11% -0.52%
2015 -0.34% -0.33%
2014 4.69% -0.08%
2013 0.51% 1.4%
2012 2.65% 3.61%
2011 1.26% 3.92%
2010 1.46% 0.96%
2009 1.89% 1.62%
2008 5.26% 4.6%
2007 5.03% 2.76%
2006 -1.41% 4.48%
2005 3.71% 2.71%
2004 0.41% 7.55%
2003 2.24% 8.55%
2002 0.04% 3.13%
2001 2.14% 7.33%
2000 0.5% 12%
1999 -1.94% 10.6%
1998 1.45% 6.67%
1997 3.97% 6.14%

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

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 4.45% in Slovakia. In 2024, inflation was 1.17% in Gabon and 2.76% in Slovakia.

Top exports between countries

Gabon
Export category Export value
Machinery & equipment $90K
Slovakia
Export category Export value
Animal & marine products $370K
Raw materials & minerals $194K
Textiles & consumer goods $144K
Metals $124K
Machinery & equipment $123K
Processed food, beverages & tobacco $103K
Wood & paper products $17K
Chemicals & pharma $2K

Balance of trade

Gabon Slovakia
Current account balance
$141M
2015
-$6.5B
2024
Current account balance ranking
66/190
2015
171/190
2024
Current account balance, % of GDP
+0.98%
2015
-4.61%
2024
Goods imports
$3.17B
2015
$107B
2024
Goods exports
$5.11B
2015
$106B
2024
Service imports
$1.88B
2015
$13.2B
2024
Service exports
$277M
2015
$13.9B
2024
Imports of goods and services, % of GDP
27.5%
2024
85.7%
2024
Exports of goods and services, % of GDP
64.6%
2024
85.5%
2024

Economic freedom indices

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

Gabon Slovakia
Economic freedom 56.6 67.7
Economic freedom ranking 120/197 54/197
Property rights 30 82.6
Government integrity 22.6 57.2
Judicial effectiveness 19.9 70.5
Tax burden 76.5 75.4
Government spending 85.5 36.4
Fiscal health 87.9 69.6
Business freedom 63.6 71.1
Labor freedom 55.4 55.1
Monetary freedom 80.9 69.7
Trade freedom 57.4 79.4
Investment freedom 60 75
Financial freedom 40 70

Economic freedom comparison by year

Gabon
Slovakia
1x
Year Economic freedom index
Gabon Slovakia
2026 56.6 67.7
2025 56.3 68.4
2024 56.9 68.1
2023 56.1 69
2022 55.8 69.7
2021 58.1 66.3
2020 56.7 66.8
2019 56.3 65
2018 58 65.3
2017 58.6 65.7
2016 59 66.6
2015 58.3 67.2
2014 57.8 66.4
2013 57.8 68.7
2012 56.4 67
2011 56.7 69.5
2010 55.4 69.7
2009 55 69.4
2008 54.2 70
2007 54.8 69.6
2006 56.1 69.8
2005 54.8 66.8
2004 57.1 64.6
2003 58.7 59
2002 58 59.8
2001 55 58.5
2000 58.2 53.8
1999 60.5 54.2
1998 59.2 57.5
1997 58.8 55.5
1996 55.7 57.6
1995 57.5 60.4

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Slovakia
Services, % of GDP
36.8%
2024
60%
2024
Industry, % of GDP
52.9%
2024
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
1.58%
2024
GNI, Atlas method
$19.8B
2024
$128B
2024
GNI per capita, PPP
$20,400
2024
$47,040
2024
Total reserves including gold
$1.45B
2023
$14.5B
2024
Total reserves ranking
136/177
2023
68/177
2024
Net foreign direct investment
-$25.3M
2015
-$2.77B
2024
Net inflows of foreign direct investment
$1.14B
2024
$5.01B
2024
Net outflows of foreign direct investment
-$33.8M
2019
$2.24B
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
n/a
Poverty at national poverty lines
33.4%
2017
13.7%
2021
Gross capital formation, % of GDP
19.1%
2024
20.1%
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/slovakia | 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 (2021–2024, 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.