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Economy of Gabon vs Trinidad and Tobago compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $25.6B for Trinidad and Tobago, ranking 127/197 and 115/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $16.5B (64.2% of GDP) in Trinidad and Tobago.

Gabon vs Trinidad and Tobago GDP by year

Gabon
Trinidad and Tobago
1x
Year GDP, current $
Gabon Trinidad
2024 $20,895,684,426 $25,633,544,529
2023 $19,388,372,071 $25,036,993,423
2022 $20,440,655,695 $28,341,164,301
2021 $19,444,935,097 $24,222,963,263
2020 $15,342,236,164 $20,888,515,184
2019 $16,874,405,465 $23,477,745,792
2018 $16,867,326,402 $23,883,058,083
2017 $14,929,487,485 $23,830,750,901
2016 $14,023,890,265 $23,624,322,193
2015 $14,383,107,763 $26,841,141,793
2014 $18,203,966,896 $29,474,180,005
2013 $17,595,744,798 $28,560,537,057
2012 $17,170,464,016 $27,147,349,937
2011 $18,210,307,744 $25,433,007,437
2010 $14,372,593,020 $22,157,920,592
2009 $12,113,699,068 $19,172,165,226
2008 $15,571,348,344 $27,871,587,350
2007 $12,455,409,587 $21,641,620,050
2006 $10,327,598,306 $18,369,361,094
2005 $9,582,783,991 $15,982,389,018
2004 $7,770,219,008 $13,280,291,990
2003 $6,511,903,365 $11,305,459,802
2002 $5,335,451,100 $9,008,298,229
2001 $5,023,265,413 $8,824,849,191
2000 $5,080,483,629 $8,154,342,116
1999 $4,662,992,036 $6,808,982,521
1998 $4,483,417,310 $6,043,686,654
1997 $5,326,817,115 $5,737,771,523
1996 $5,694,040,003 $5,759,570,336
1995 $4,958,845,648 $5,329,217,747
1994 $4,190,819,344 $4,947,181,646
1993 $4,378,645,081 $4,669,491,134
1992 $5,592,390,827 $5,439,552,941
1991 $5,402,919,785 $5,307,905,882
1990 $5,952,293,765 $5,068,000,000
1989 $4,186,411,464 $4,323,058,824
1988 $3,834,503,376 $4,496,910,569
1987 $3,281,797,043 $4,797,777,778
1986 $3,403,638,189 $4,794,444,444
1985 $3,339,914,757 $7,375,918,367
1984 $3,561,451,561 $7,757,083,333
1983 $3,391,275,732 $7,763,750,000
1982 $3,618,007,841 $8,140,416,667
1981 $3,862,269,121 $6,992,083,333
1980 $4,279,637,942 $6,235,833,333
1979 $3,030,251,120 $4,602,416,625
1978 $2,389,479,272 $3,562,333,458
1977 $2,809,349,069 $3,138,666,667
1976 $3,009,409,974 $2,500,424,955
1975 $2,157,592,940 $2,442,669,825
1974 $1,544,216,002 $2,042,001,071
1973 $722,780,701 $1,308,785,431
1972 $430,508,359 $1,083,391,758
1971 $381,687,073 $896,765,215
1970 $323,802,476 $821,850,000
1969 $318,124,701 $779,200,000
1968 $294,468,564 $758,899,950
1967 $271,543,680 $761,981,912
1966 $245,849,781 $723,739,857
1965 $226,474,286 $736,573,159
1964 $215,679,855 $711,897,520
1963 $154,480,244 $678,239,329
1962 $182,796,536 $619,322,810
1961 $167,637,907 $584,964,621
1960 $141,468,978 $535,673,252

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

GeoRank.org/economy/gabon/trinidad-and-tobago | CC BY

GDP per capita in Gabon vs Trinidad and Tobago by year

Gabon
GDP per capita

GDP per capita, PPP
Trinidad and Tobago
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Trinidad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $18,733 $36,329
2023 $7,803 $20,756 $18,308 $34,623
2022 $8,409 $19,993 $20,751 $32,979
2021 $8,181 $18,524 $17,713 $30,482
2020 $6,606 $14,477 $15,284 $26,731
2019 $7,441 $15,950 $17,213 $29,316
2018 $7,624 $15,432 $17,571 $28,673
2017 $6,922 $14,797 $17,566 $28,484
2016 $6,677 $13,998 $17,449 $28,232
2015 $7,047 $14,306 $19,887 $29,825
2014 $9,201 $14,854 $21,908 $32,027
2013 $9,198 $14,498 $21,305 $31,746
2012 $9,297 $14,620 $20,332 $31,883
2011 $10,219 $14,784 $19,151 $31,078
2010 $8,357 $14,015 $16,815 $30,778
2009 $7,291 $13,384 $14,634 $29,602
2008 $9,689 $13,734 $21,299 $30,807
2007 $8,004 $14,391 $16,607 $29,355
2006 $6,847 $13,637 $14,153 $27,393
2005 $6,548 $14,028 $12,346 $23,536
2004 $5,466 $13,638 $9,871 $20,674
2003 $4,711 $13,564 $8,445 $18,743
2002 $3,966 $13,369 $6,763 $16,141
2001 $3,836 $13,556 $6,657 $14,797
2000 $3,983 $13,326 $6,179 $13,953
1999 $3,751 $13,629 $5,179 $12,812
1998 $3,700 $15,138 $4,613 $11,735
1997 $4,509 $14,837 $4,394 $10,769
1996 $4,943 $14,147 $4,427 $9,883
1995 $4,415 $13,750 $4,115 $9,099
1994 $3,828 $13,164 $3,840 $8,631
1993 $4,106 $12,757 $3,647 $8,209
1992 $5,386 $12,312 $4,277 $8,129
1991 $5,345 $12,760 $4,205 $7,274
1990 $6,051 $11,952 $4,047 $6,878
1989 $4,374 - $3,482 -
1988 $4,119 - $3,656 -
1987 $3,624 - $3,941 -
1986 $3,865 - $3,985 -
1985 $3,898 - $6,212 -
1984 $4,273 - $6,613 -
1983 $4,182 - $6,690 -
1982 $4,584 - $7,091 -
1981 $5,026 - $6,160 -
1980 $5,718 - $5,559 -
1979 $4,155 - $4,155 -
1978 $3,360 - $3,258 -
1977 $4,048 - $2,907 -
1976 $4,441 - $2,345 -
1975 $3,258 - $2,319 -
1974 $2,384 - $1,962 -
1973 $1,140 - $1,273 -
1972 $693 - $1,067 -
1971 $627 - $894 -
1970 $543 - $829 -
1969 $545 - $795 -
1968 $515 - $783 -
1967 $482 - $797 -
1966 $443 - $768 -
1965 $415 - $793 -
1964 $400 - $780 -
1963 $290.7 - $756 -
1962 $348 - $704 -
1961 $323 - $678 -
1960 $276.1 - $634 -

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

GeoRank.org/economy/gabon/trinidad-and-tobago | CC BY

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $18,733 in Trinidad and Tobago, ranking 61/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Trinidad and Tobago ranks 62nd at $36,329.

Economic indicators

Gabon Trinidad
Gross domestic product
$20.9B
2024
$25.6B
2024
GDP rank
127/197
2024
115/197
2024
GDP growth
3.39%
2023-2024
2.51%
2023-2024
GDP per capita
$8,230
2024
$18,733
2024
GDP per capita rank
93/197
2024
61/197
2024
GDP per capita, PPP
$21,510
2024
$36,329
2024
GDP per capita PPP rank
90/197
2024
62/197
2024
Government debt
$15.2B
2024
$16.5B
2024
Debt-to-GDP ratio
72.7%
2024
64.2%
2024
Government debt per person
$5,985
2024
$12,028
2024
Government debt per person rank
75/185
2024
45/185
2024
Average annual personal income after taxes
$5,368
2026
$11,007
2026
Market capitalization of domestic companies n/a
$3.89B
2001
Income share by richest 10%
27.7%
2017
29.9%
1992
Income share by poorest 10%
2.2%
2017
2.1%
1992
Government expenditure, % of GDP
24.8%
2024
32.3%
2024
Consumer prices inflation
1.17%
2023-2024
0.53%
2023-2024
Central bank interest rate n/a
3.5%
2020
Unemployment rate
20.4%
2010
4.01%
2024
Population
2663339
1374840

Spending and national debt comparison by year

Gabon
Spending

Debt
Trinidad and Tobago
Spending

Debt
1x
Year % of GDP
Gabon Trinidad
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 32.3% 64.2%
2023 21.5% 70.6% 33.5% 62.2%
2022 19.7% 65.6% 27.2% 51.3%
2021 17.3% 72.9% 30.3% 58.4%
2020 19.8% 83% 36.2% 62.5%
2019 17.4% 59.8% 31.2% 46.2%
2018 17.1% 62.3% 30.2% 41.5%
2017 18.1% 62.9% 30.7% 39.8%
2016 21.8% 64.5% 31.9% 35.4%
2015 22.3% 44.7% 35% 27.1%
2014 23.8% 34.1% 32.8% 23.5%
2013 34.7% 31.1% 31.3% 21.6%
2012 23.9% 21.4% 29.5% 21.8%
2011 22.1% 21.4% 29.4% 26.4%
2010 23.1% 21.3% 30.4% 16.8%
2009 22.6% 26% 37% 20.7%
2008 18.9% 20.1% 26.7% 13.5%
2007 19.4% 39.2% 25.7% 16.2%
2006 21.1% 34.9% 31.6% 16.9%
2005 20.8% 41.7% 26.7% 19.8%
2004 20.9% 60.3% 22.5% 24.2%
2003 21.2% 70.2% 22.2% 30.2%
2002 25.7% 81.1% 24.4% 37%
2001 27.8% 81% 24.8% 36.6%
2000 20.3% 72.5% 23.1% 38.9%
1999 25.5% 73.1% 24.1% 42.2%
1998 45.5% 87.6% 26.9% 42.8%
1997 29.7% 57% 27.2% 46.1%
1996 22.2% 64.5% 27.6% 47%
1995 25.1% 73.4% 26.2% 50.1%
1994 23.9% 71.3% 25.4% 52.6%
1993 26.9% 90.1% 26.9% 58.8%
1992 26.5% 87.9% 28.6% 49.2%
1991 25.1% 89.3% 29.6% 49.5%
1990 22.6% 90% 26.9% 47.7%
1989 - - 30.9% 51.9%
1988 - - 45.3% 65.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/gabon/trinidad-and-tobago | CC BY

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Trinidad and Tobago spent $8.28B, or 32.3% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 64.2% in Trinidad and Tobago, ranking 51/185 and 70/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Trinidad and Tobago
1x
Year Deficit/surplus, % of GDP
Gabon Trinidad
2024 -3.84% -5.24%
2023 1.79% -1.24%
2022 -0.89% 0.92%
2021 -1.93% -8.1%
2020 -2.19% -12.2%
2019 2.13% -3.74%
2018 -0.21% -5.89%
2017 -1.7% -10.4%
2016 -4.71% -10.1%
2015 -1.12% -7.56%
2014 5.98% -4.31%
2013 -3.07% -2.67%
2012 6.2% -1.26%
2011 1.41% -0.67%
2010 2.7% 0.13%
2009 6.77% -5.42%
2008 11% 5.39%
2007 8.06% 3.12%
2006 8.67% 1.56%
2005 7.98% 2.36%
2004 6.99% 1.84%
2003 7.75% 1.8%
2002 3.72% -0.2%
2001 4.07% 0.61%
2000 11.1% 0.17%
1999 1.11% -0.88%
1998 -13.1% -1.8%
1997 1.41% 0.11%
1996 2.12% -0.45%
1995 2.64% 0.17%
1994 -1.53% -0.02%
1993 -5.35% 0.23%
1992 -4.9% -2.74%
1991 -2.03% -0.21%
1990 -3.83% -1.27%
1989 - -4.46%
1988 - -9.34%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/gabon/trinidad-and-tobago | 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 Trinidad and Tobago's deficit of $1.34B, or 5.24% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while Trinidad and Tobago ran a deficit in 22 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 1.94% of GDP for Trinidad and Tobago.

Inflation comparison by year

Inflation
Gabon

Trinidad and Tobago
1x
Year Consumer prices inflation
Gabon Trinidad
2024 1.17% 0.53%
2023 3.63% 4.63%
2022 4.23% 5.83%
2021 1.09% 2.06%
2020 1.35% 0.6%
2019 2.46% 1%
2018 4.75% 1.02%
2017 2.65% 1.88%
2016 2.11% 3.07%
2015 -0.34% 4.66%
2014 4.69% 5.68%
2013 0.51% 5.2%
2012 2.65% 9.26%
2011 1.26% 5.11%
2010 1.46% 10.5%
2009 1.89% 6.98%
2008 5.26% 12%
2007 5.03% 7.89%
2006 -1.41% 8.33%
2005 3.71% 6.87%
2004 0.41% 3.72%
2003 2.24% 3.81%
2002 0.04% 4.15%
2001 2.14% 5.54%
2000 0.5% 3.56%
1999 -1.94% 3.44%
1998 1.45% 5.61%
1997 3.97% 3.63%

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

GeoRank.org/economy/gabon/trinidad-and-tobago | CC BY

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 4.88% in Trinidad and Tobago. In 2024, inflation was 1.17% in Gabon and 0.53% in Trinidad and Tobago.

Top exports between countries

Gabon
Export category Export value
Textiles & consumer goods $54K
Machinery & equipment $30K
Chemicals & pharma $1K
Metals $1K
Trinidad
Export category Export value
Machinery & equipment $65K
Raw materials & minerals $59K
Miscellaneous $6K
Raw agricultural goods $1K

Balance of trade

Gabon Trinidad
Current account balance
$141M
2015
$645M
2024
Current account balance ranking
66/190
2015
58/190
2024
Current account balance, % of GDP
+0.98%
2015
+2.52%
2024
Goods imports
$3.17B
2015
$7.54B
2024
Goods exports
$5.11B
2015
$10B
2024
Service imports
$1.88B
2015
$2.71B
2024
Service exports
$277M
2015
$1.26B
2024
Imports of goods and services, % of GDP
27.5%
2024
n/a
Exports of goods and services, % of GDP
64.6%
2024
45%
2025

Economic freedom indices

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

Gabon Trinidad
Economic freedom 56.6 62.4
Economic freedom ranking 120/197 87/197
Property rights 30 47.3
Government integrity 22.6 45.5
Judicial effectiveness 19.9 58.8
Tax burden 76.5 76.1
Government spending 85.5 71.1
Fiscal health 87.9 86.3
Business freedom 63.6 67.1
Labor freedom 55.4 57.2
Monetary freedom 80.9 81
Trade freedom 57.4 68.8
Investment freedom 60 50
Financial freedom 40 40

Economic freedom comparison by year

Gabon
Trinidad and Tobago
1x
Year Economic freedom index
Gabon Trinidad
2026 56.6 62.4
2025 56.3 63.6
2024 56.9 60.4
2023 56.1 59.5
2022 55.8 58.8
2021 58.1 59
2020 56.7 58.3
2019 56.3 57
2018 58 57.7
2017 58.6 61.2
2016 59 62.9
2015 58.3 64.1
2014 57.8 62.7
2013 57.8 62.3
2012 56.4 64.4
2011 56.7 66.5
2010 55.4 65.7
2009 55 68
2008 54.2 69.5
2007 54.8 70.6
2006 56.1 70.4
2005 54.8 71.5
2004 57.1 71.3
2003 58.7 68.8
2002 58 70.1
2001 55 71.8
2000 58.2 74.5
1999 60.5 72.4
1998 59.2 72
1997 58.8 71.3
1996 55.7 69.2
1995 57.5 -

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

GeoRank.org/economy/gabon/trinidad-and-tobago | CC BY

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 62.4 for Trinidad and Tobago, ranking 87/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Trinidad
Services, % of GDP
36.8%
2024
59.2%
2024
Industry, % of GDP
52.9%
2024
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
0.78%
2024
GNI, Atlas method
$19.8B
2024
$27B
2024
GNI per capita, PPP
$20,400
2024
$36,580
2024
Total reserves including gold
$1.45B
2023
$5.6B
2024
Total reserves ranking
136/177
2023
94/177
2024
Net foreign direct investment
-$25.3M
2015
$980M
2024
Net inflows of foreign direct investment
$1.14B
2024
-$453M
2024
Net outflows of foreign direct investment
-$33.8M
2019
$527M
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
n/a
Poverty at national poverty lines
33.4%
2017
20%
2020
Gross capital formation, % of GDP
19.1%
2024
19%
2023

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/trinidad-and-tobago | 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 (1988–1989, retrieved 2026-02-20)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.