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Economy of Gabon vs Thailand compared: GDP & Debt

Updated on by Georank

Gabon has a GDP of $21.4B compared to $577B for Thailand, ranking 132/197 and 30/197 by economy size, respectively.

Gabon has $16.9B in government debt (78.9% of GDP), compared to $373B (64.7% of GDP) in Thailand.

Gabon vs Thailand GDP by year

Gabon
Thailand
1x
Year GDP, current $
Gabon Thailand
2025 $21,427,119,323 $577,009,981,112
2024 $20,895,684,426 $529,385,520,942
2023 $19,388,372,071 $517,013,369,475
2022 $20,440,655,695 $495,691,837,308
2021 $19,444,935,097 $506,049,783,825
2020 $15,342,236,164 $500,274,927,779
2019 $16,874,405,465 $543,976,691,794
2018 $16,867,326,402 $506,754,208,404
2017 $14,929,487,485 $456,356,813,537
2016 $14,023,890,265 $413,366,349,748
2015 $14,383,107,763 $401,296,238,228
2014 $18,203,966,896 $407,339,040,198
2013 $17,595,744,798 $420,333,654,593
2012 $17,170,464,016 $397,558,325,279
2011 $18,210,307,744 $370,818,739,624
2010 $14,372,593,020 $341,104,766,329
2009 $12,113,699,068 $281,710,630,187
2008 $15,571,348,344 $291,382,982,431
2007 $12,455,409,587 $262,942,621,455
2006 $10,327,598,306 $221,758,296,022
2005 $9,582,783,991 $189,318,408,469
2004 $7,770,219,008 $172,895,685,155
2003 $6,511,903,365 $152,280,615,246
2002 $5,335,451,100 $134,300,904,400
2001 $5,023,265,413 $120,296,476,180
2000 $5,080,483,629 $126,392,224,254
1999 $4,662,992,036 $126,669,211,779
1998 $4,483,417,310 $113,675,596,788
1997 $5,326,817,115 $150,180,456,566
1996 $5,694,040,003 $183,035,237,429
1995 $4,958,845,648 $169,278,916,593
1994 $4,190,819,344 $146,683,778,959
1993 $4,378,645,081 $128,889,262,951
1992 $5,592,390,827 $111,452,746,518
1991 $5,402,919,785 $98,234,714,971
1990 $5,952,293,765 $85,343,190,719
1989 $4,186,411,464 $72,250,748,100
1988 $3,834,503,376 $61,667,253,471
1987 $3,281,797,043 $50,535,446,555
1986 $3,403,638,189 $43,096,773,981
1985 $3,339,914,757 $38,900,711,333
1984 $3,561,451,561 $41,797,647,776
1983 $3,391,275,732 $40,042,798,388
1982 $3,618,007,841 $36,589,772,404
1981 $3,862,269,121 $34,846,039,194
1980 $4,279,637,942 $32,353,514,989
1979 $3,030,251,120 $27,371,650,825
1978 $2,389,479,272 $24,006,566,637
1977 $2,809,349,069 $19,779,312,261
1976 $3,009,409,974 $16,985,208,648
1975 $2,157,592,940 $14,882,770,594
1974 $1,544,216,002 $13,702,998,512
1973 $722,780,701 $10,838,587,358
1972 $430,508,359 $8,177,873,151
1971 $381,687,073 $7,375,000,024
1970 $323,802,476 $7,086,538,438
1969 $318,124,701 $6,695,336,567
1968 $294,468,564 $6,081,009,428
1967 $271,543,680 $5,638,461,442
1966 $245,849,781 $5,279,230,817
1965 $226,474,286 $4,388,937,649
1964 $215,679,855 $3,889,129,942
1963 $154,480,244 $3,540,403,457
1962 $182,796,536 $3,308,912,797
1961 $167,637,907 $3,034,037,811
1960 $141,468,978 $2,760,750,861

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

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

GDP per capita in Gabon vs Thailand by year

Gabon
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,263 - $8,057 -
2024 $8,230 $21,510 $7,387 $24,712
2023 $7,803 $20,756 $7,211 $23,519
2022 $8,409 $19,993 $6,910 $22,243
2021 $8,181 $18,524 $7,055 $20,243
2020 $6,606 $14,477 $6,983 $19,164
2019 $7,441 $15,950 $7,606 $19,963
2018 $7,624 $15,432 $7,100 $18,876
2017 $6,922 $14,797 $6,413 $17,573
2016 $6,677 $13,998 $5,834 $16,671
2015 $7,047 $14,306 $5,689 $15,791
2014 $9,201 $14,854 $5,801 $15,365
2013 $9,198 $14,498 $6,018 $15,216
2012 $9,297 $14,620 $5,726 $14,617
2011 $10,219 $14,784 $5,374 $13,227
2010 $8,357 $14,015 $4,974 $12,932
2009 $7,291 $13,384 $4,135 $11,964
2008 $9,689 $13,734 $4,309 $12,062
2007 $8,004 $14,391 $3,919 $11,723
2006 $6,847 $13,637 $3,331 $10,912
2005 $6,548 $14,028 $2,868 $10,169
2004 $5,466 $13,638 $2,642 $9,545
2003 $4,711 $13,564 $2,348 $8,824
2002 $3,966 $13,369 $2,090 $8,148
2001 $3,836 $13,556 $1,890 $7,632
2000 $3,983 $13,326 $2,006 $7,289
1999 $3,751 $13,629 $2,033 $6,901
1998 $3,700 $15,138 $1,848 $6,590
1997 $4,509 $14,837 $2,473 $7,148
1996 $4,943 $14,147 $3,055 $7,322
1995 $4,415 $13,750 $2,864 $6,901
1994 $3,828 $13,164 $2,518 $6,341
1993 $4,106 $12,757 $2,245 $5,834
1992 $5,386 $12,312 $1,972 $5,347
1991 $5,345 $12,760 $1,766 $4,914
1990 $6,051 $11,952 $1,559 $4,451
1989 $4,374 - $1,342 -
1988 $4,119 - $1,164 -
1987 $3,624 - $970 -
1986 $3,865 - $842 -
1985 $3,898 - $774 -
1984 $4,273 - $847 -
1983 $4,182 - $827 -
1982 $4,584 - $770 -
1981 $5,026 - $748 -
1980 $5,718 - $709 -
1979 $4,155 - $612 -
1978 $3,360 - $548 -
1977 $4,048 - $462 -
1976 $4,441 - $405 -
1975 $3,258 - $364 -
1974 $2,384 - $343 -
1973 $1,140 - $278.3 -
1972 $693 - $215.6 -
1971 $627 - $199.7 -
1970 $543 - $197.1 -
1969 $545 - $191.4 -
1968 $515 - $178.8 -
1967 $482 - $170.7 -
1966 $443 - $164.5 -
1965 $415 - $140.9 -
1964 $400 - $128.6 -
1963 $290.7 - $120.7 -
1962 $348 - $116.2 -
1961 $323 - $109.7 -
1960 $276.1 - $102.8 -

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

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

Gabon's GDP per capita is $8,263, ranking 96/197, compared to $8,057 in Thailand, ranking 97/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Thailand ranks 85th at $24,712.

Economic indicators

Gabon Thailand
Gross domestic product
$21.4B
2025
$577B
2025
GDP rank
132/197
2025
30/197
2025
GDP growth
2.47%
2024-2025
2.44%
2024-2025
GDP per capita
$8,263
2025
$8,057
2025
GDP per capita rank
96/197
2025
97/197
2025
GDP per capita, PPP
$21,510
2024
$24,712
2024
GDP per capita PPP rank
90/197
2024
85/197
2024
Government debt
$16.9B
2025
$373B
2025
Debt-to-GDP ratio
78.9%
2025
64.7%
2025
Government debt per person
$6,521
2025
$5,211
2025
Government debt per person rank
74/185
2025
83/185
2025
Average annual personal income after taxes
$5,617
2026
$7,438
2026
Market capitalization of domestic companies n/a
$512B
2025
Number of millionaires n/a
100,001
2024
Number of billionaires n/a
25
2026
Income share by richest 10%
27.7%
2017
26%
2024
Income share by poorest 10%
2.2%
2017
3.4%
2024
Government expenditure, % of GDP
28.6%
2025
23%
2025
Consumer prices inflation
1.77%
2024-2025
-0.13%
2024-2025
Central bank interest rate n/a
1.5%
2025
Unemployment rate
17.4%
2024
0.6%
2025
Population
2676097
71565981

Spending and national debt comparison by year

Gabon
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Gabon Thailand
Government spending Government debt Government spending Government debt
2025 28.6% 78.9% 23% 64.7%
2024 24.8% 70.9% 22.6% 62.9%
2023 21.5% 70.6% 22.7% 62.2%
2022 19.7% 65.6% 24.7% 60.5%
2021 17.3% 72.9% 26.8% 58.4%
2020 19.8% 83% 24.9% 49.4%
2019 17.4% 59.8% 20.6% 41.1%
2018 17.1% 62.3% 21.2% 41.9%
2017 18.1% 62.9% 21.6% 41.8%
2016 21.8% 64.5% 21.4% 41.7%
2015 22.3% 44.7% 22.3% 42.6%
2014 23.8% 34.1% 22.2% 43.3%
2013 34.7% 31.1% 21.6% 42.2%
2012 23.9% 21.4% 22.3% 41.9%
2011 22.1% 21.4% 21.1% 39.1%
2010 23.1% 21.3% 22% 39.8%
2009 22.6% 26% 21.7% 42.4%
2008 18.9% 20.1% 19.2% 34.9%
2007 19.4% 39.2% 20% 36%
2006 21.1% 34.9% 18.7% 39.2%
2005 20.8% 41.7% 19.6% 45.5%
2004 20.9% 60.3% 19.3% 46.3%
2003 21.2% 70.2% 18.3% 47.5%
2002 25.7% 81.1% 25.7% 54.9%
2001 27.8% 81% 20.8% 57.5%
2000 20.3% 72.5% 19.3% 57.8%
1999 25.5% 73.1% 26.5% 56.6%
1998 45.5% 87.6% 23.9% 49.9%
1997 29.7% 57% 21.6% 40.5%
1996 22.2% 64.5% 18% 15.2%
1995 25.1% 73.4% 17.2% 5.12%
1994 23.9% 71.3% 16% 6.69%
1993 26.9% 90.1% 18.8% 9.14%
1992 26.5% 87.9% 17.8% 11.4%
1991 25.1% 89.3% 17% 14.1%
1990 22.6% 90% 16.6% 18%
1989 - - 16.5% 23.7%
1988 - - 15.1% 30.3%
1987 - - 17.5% 38.8%
1986 - - 19.5% 40.1%
1985 - - 20.5% 36.8%
1984 - - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Gabon's government spending was $6.14B, accounting for 28.6% of its GDP, while Thailand spent $133B, or 23% of GDP.

Debt-to-GDP ratio is 78.9% in Gabon and 64.7% in Thailand, ranking 44/185 and 67/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Thailand
1x
Year Deficit/surplus, % of GDP
Gabon Thailand
2025 -8.47% -1.91%
2024 -3.3% -1.29%
2023 1.79% -1.91%
2022 -0.89% -4.61%
2021 -1.93% -6.72%
2020 -2.19% -4.47%
2019 2.13% 0.43%
2018 -0.21% 0.2%
2017 -1.7% -0.51%
2016 -4.71% 0.41%
2015 -1.12% 0.19%
2014 5.98% -0.7%
2013 -3.07% 0.6%
2012 6.2% -0.86%
2011 1.41% 0.09%
2010 2.7% -1.07%
2009 6.77% -2.21%
2008 11% 0.8%
2007 8.06% 0.22%
2006 8.67% 1.87%
2005 7.98% 2.17%
2004 6.99% 1.11%
2003 7.75% 1.98%
2002 3.72% -6.72%
2001 4.07% -1.77%
2000 11.1% -1.79%
1999 1.11% -9.02%
1998 -13.1% -6.29%
1997 1.41% -1.68%
1996 2.12% 2.75%
1995 2.64% 3.05%
1994 -1.53% 2.78%
1993 -5.35% 6.67%
1992 -4.9% -0.18%
1991 -2.03% 1.6%
1990 -3.83% 1.41%
1989 - 0.16%
1988 - 0.58%
1987 - -2.38%
1986 - -4.32%
1985 - -5.11%
1984 - -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-07-08).

GeoRank.org/economy/gabon/thailand | 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 Thailand's deficit of $11B, or 1.91% of GDP.

Over the past 36 years, Gabon recorded a fiscal deficit in 16 of those years, while Thailand ran a deficit in 18 years. On average, Gabon posted an annual surplus equal to 1.26% of GDP, compared to deficit of 0.7% of GDP for Thailand.

Inflation comparison by year

Inflation
Gabon

Thailand
1x
Year Consumer prices inflation
Gabon Thailand
2025 1.77% -0.13%
2024 1.17% 0.4%
2023 3.63% 1.23%
2022 4.23% 6.08%
2021 1.09% 1.23%
2020 1.35% -0.85%
2019 2.46% 0.71%
2018 4.75% 1.07%
2017 2.65% 0.66%
2016 2.11% 0.19%
2015 -0.34% -0.9%
2014 4.69% 1.89%
2013 0.51% 2.19%
2012 2.65% 3.01%
2011 1.26% 3.81%
2010 1.46% 3.25%
2009 1.89% -0.85%
2008 5.26% 5.47%
2007 5.03% 2.24%
2006 -1.41% 4.64%
2005 3.71% 4.54%
2004 0.41% 2.76%
2003 2.24% 1.8%
2002 0.04% 0.7%
2001 2.14% 1.63%
2000 0.5% 1.59%
1999 -1.94% 0.28%
1998 1.45% 7.99%
1997 3.97% 5.63%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 2.15% in Thailand. In 2025, inflation was 1.77% in Gabon and -0.13% in Thailand.

Top exports between countries

Gabon
Export category Export value
Raw materials & minerals $97.3M
Metals $261K
Wood & paper products $107K
Machinery & equipment $57K
Textiles & consumer goods $13K
Chemicals & pharma $1K
Thailand
Export category Export value
Raw agricultural goods $7.43M
Metals $2.97M
Machinery & equipment $2.82M
Wood & paper products $1.62M
Processed food, beverages & tobacco $479K
Raw materials & minerals $464K
Textiles & consumer goods $367K
Chemicals & pharma $222K
Precious metals & jewellery $185K
Miscellaneous $6K

Balance of trade

Gabon Thailand
Current account balance
$141M
2015
$15.9B
2025
Current account balance ranking
61/190
2015
20/190
2025
Current account balance, % of GDP
+0.98%
2015
+2.76%
2025
Goods imports
$3.17B
2015
$312B
2025
Goods exports
$5.11B
2015
$335B
2025
Service imports
$1.88B
2015
$77.2B
2025
Service exports
$277M
2015
$76.2B
2025
Imports of goods and services, % of GDP
29.4%
2025
67.3%
2025
Exports of goods and services, % of GDP
55.5%
2025
71.1%
2025

Economic freedom indices

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

Gabon Thailand
Economic freedom 56.6 62.2
Economic freedom ranking 120/197 88/197
Property rights 30 41.8
Government integrity 22.6 38.9
Judicial effectiveness 19.9 35
Tax burden 76.5 80.8
Government spending 85.5 83.6
Fiscal health 87.9 81
Business freedom 63.6 69.9
Labor freedom 55.4 56.4
Monetary freedom 80.9 73.3
Trade freedom 57.4 70.2
Investment freedom 60 55
Financial freedom 40 60

Economic freedom comparison by year

Gabon
Thailand
1x
Year Economic freedom index
Gabon Thailand
2026 56.6 62.2
2025 56.3 60.6
2024 56.9 59
2023 56.1 60.6
2022 55.8 63.2
2021 58.1 69.7
2020 56.7 69.4
2019 56.3 68.3
2018 58 67.1
2017 58.6 66.2
2016 59 63.9
2015 58.3 62.4
2014 57.8 63.3
2013 57.8 64.1
2012 56.4 64.9
2011 56.7 64.7
2010 55.4 64.1
2009 55 63
2008 54.2 62.3
2007 54.8 63.5
2006 56.1 63.3
2005 54.8 62.5
2004 57.1 63.7
2003 58.7 65.8
2002 58 69.1
2001 55 68.9
2000 58.2 66.6
1999 60.5 66.9
1998 59.2 67.3
1997 58.8 66.1
1996 55.7 71
1995 57.5 71.3

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 62.2 for Thailand, ranking 88/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Thailand
Services, % of GDP
42.3%
2025
60.2%
2025
Industry, % of GDP
47.2%
2025
31.1%
2025
Agriculture, forestry, and fishing, % of GDP
6.75%
2025
8.75%
2025
GNI, Atlas method
$21B
2025
$551B
2025
GNI per capita, PPP
$21,660
2025
$25,570
2025
Total reserves including gold
$639M
2024
$282B
2025
Total reserves ranking
150/177
2024
15/177
2025
Net foreign direct investment
-$25.3M
2015
-$9.51B
2025
Net inflows of foreign direct investment
$1.14B
2024
$14.3B
2024
Net outflows of foreign direct investment
-$33.8M
2019
$7.36B
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
3.51%
2024
Poverty at national poverty lines
33.4%
2017
5.4%
2022
Gross capital formation, % of GDP
24.8%
2025
22.1%
2025

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/thailand | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.