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Economy of Gabon vs Uruguay compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $81B for Uruguay, ranking 127/197 and 81/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $55.6B (68.7% of GDP) in Uruguay.

Gabon vs Uruguay GDP by year

Gabon
Uruguay
1x
Year GDP, current $
Gabon Uruguay
2024 $20,895,684,426 $80,961,511,074
2023 $19,388,372,071 $77,991,666,838
2022 $20,440,655,695 $70,594,110,920
2021 $19,444,935,097 $60,739,084,241
2020 $15,342,236,164 $53,559,359,262
2019 $16,874,405,465 $62,222,313,619
2018 $16,867,326,402 $65,344,577,416
2017 $14,929,487,485 $65,005,997,963
2016 $14,023,890,265 $57,480,787,465
2015 $14,383,107,763 $57,680,327,999
2014 $18,203,966,896 $61,496,186,974
2013 $17,595,744,798 $61,337,621,934
2012 $17,170,464,016 $54,232,266,359
2011 $18,210,307,744 $50,342,406,067
2010 $14,372,593,020 $41,950,361,212
2009 $12,113,699,068 $32,708,319,078
2008 $15,571,348,344 $31,119,602,539
2007 $12,455,409,587 $23,797,773,024
2006 $10,327,598,306 $19,741,420,740
2005 $9,582,783,991 $17,362,857,684
2004 $7,770,219,008 $13,686,329,890
2003 $6,511,903,365 $12,045,638,352
2002 $5,335,451,100 $13,606,515,723
2001 $5,023,265,413 $20,898,761,742
2000 $5,080,483,629 $22,823,270,892
1999 $4,662,992,036 $23,983,945,191
1998 $4,483,417,310 $25,385,886,978
1997 $5,326,817,115 $23,969,739,234
1996 $5,694,040,003 $20,515,458,114
1995 $4,958,845,648 $19,297,663,097
1994 $4,190,819,344 $17,474,588,896
1993 $4,378,645,081 $15,002,136,971
1992 $5,592,390,827 $12,878,148,791
1991 $5,402,919,785 $11,206,176,651
1990 $5,952,293,765 $9,298,807,850
1989 $4,186,411,464 $8,438,951,476
1988 $3,834,503,376 $8,213,538,369
1987 $3,281,797,043 $7,367,494,080
1986 $3,403,638,189 $5,880,112,788
1985 $3,339,914,757 $4,732,017,873
1984 $3,561,451,561 $4,850,238,550
1983 $3,391,275,732 $5,102,276,308
1982 $3,618,007,841 $9,178,780,077
1981 $3,862,269,121 $11,048,301,421
1980 $4,279,637,942 $10,163,020,116
1979 $3,030,251,120 $7,181,182,224
1978 $2,389,479,272 $4,910,254,566
1977 $2,809,349,069 $4,114,670,014
1976 $3,009,409,974 $3,667,161,241
1975 $2,157,592,940 $3,538,278,047
1974 $1,544,216,002 $4,090,209,682
1973 $722,780,701 $3,964,296,443
1972 $430,508,359 $2,189,418,689
1971 $381,687,073 $2,807,258,065
1970 $323,802,476 $2,137,096,774
1969 $318,124,701 $2,004,435,484
1968 $294,468,564 $1,593,674,185
1967 $271,543,680 $1,597,713,469
1966 $245,849,781 $1,809,185,094
1965 $226,474,286 $1,890,767,156
1964 $215,679,855 $1,975,701,816
1963 $154,480,244 $1,539,681,491
1962 $182,796,536 $1,710,004,407
1961 $167,637,907 $1,547,388,781
1960 $141,468,978 $1,242,289,239

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

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

GDP per capita in Gabon vs Uruguay by year

Gabon
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $23,907 $36,418
2023 $7,803 $20,756 $23,019 $34,471
2022 $8,409 $19,993 $20,819 $33,001
2021 $8,181 $18,524 $17,882 $29,432
2020 $6,606 $14,477 $15,758 $25,725
2019 $7,441 $15,950 $18,316 $25,783
2018 $7,624 $15,432 $19,250 $24,386
2017 $6,922 $14,797 $19,185 $23,607
2016 $6,677 $13,998 $17,010 $22,841
2015 $7,047 $14,306 $17,126 $22,169
2014 $9,201 $14,854 $18,322 $21,868
2013 $9,198 $14,498 $18,335 $20,661
2012 $9,297 $14,620 $16,260 $19,495
2011 $10,219 $14,784 $15,132 $19,135
2010 $8,357 $14,015 $12,641 $17,873
2009 $7,291 $13,384 $9,881 $16,422
2008 $9,689 $13,734 $9,424 $15,694
2007 $8,004 $14,391 $7,222 $14,397
2006 $6,847 $13,637 $6,001 $13,179
2005 $6,548 $14,028 $5,284 $12,296
2004 $5,466 $13,638 $4,169 $11,103
2003 $4,711 $13,564 $3,671 $10,303
2002 $3,966 $13,369 $4,150 $10,030
2001 $3,836 $13,556 $6,383 $10,719
2000 $3,983 $13,326 $6,988 $10,929
1999 $3,751 $13,629 $7,371 $10,938
1998 $3,700 $15,138 $7,837 $11,002
1997 $4,509 $14,837 $7,436 $10,461
1996 $4,943 $14,147 $6,398 $9,524
1995 $4,415 $13,750 $6,050 $8,906
1994 $3,828 $13,164 $5,508 $8,897
1993 $4,106 $12,757 $4,753 $8,162
1992 $5,386 $12,312 $4,102 $7,808
1991 $5,345 $12,760 $3,589 $7,112
1990 $6,051 $11,952 $2,995 $6,683
1989 $4,374 - $2,734 -
1988 $4,119 - $2,677 -
1987 $3,624 - $2,416 -
1986 $3,865 - $1,939 -
1985 $3,898 - $1,568 -
1984 $4,273 - $1,615 -
1983 $4,182 - $1,707 -
1982 $4,584 - $3,085 -
1981 $5,026 - $3,728 -
1980 $5,718 - $3,443 -
1979 $4,155 - $2,443 -
1978 $3,360 - $1,678 -
1977 $4,048 - $1,414 -
1976 $4,441 - $1,268 -
1975 $3,258 - $1,232 -
1974 $2,384 - $1,433 -
1973 $1,140 - $1,397 -
1972 $693 - $776 -
1971 $627 - $1,000 -
1970 $543 - $766 -
1969 $545 - $723 -
1968 $515 - $579 -
1967 $482 - $585 -
1966 $443 - $668 -
1965 $415 - $705 -
1964 $400 - $745 -
1963 $290.7 - $587 -
1962 $348 - $659 -
1961 $323 - $604 -
1960 $276.1 - $491 -

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

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $23,907 in Uruguay, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Uruguay ranks 61st at $36,418.

Economic indicators

Gabon Uruguay
Gross domestic product
$20.9B
2024
$81B
2024
GDP rank
127/197
2024
81/197
2024
GDP growth
3.39%
2023-2024
3.11%
2023-2024
GDP per capita
$8,230
2024
$23,907
2024
GDP per capita rank
93/197
2024
52/197
2024
GDP per capita, PPP
$21,510
2024
$36,418
2024
GDP per capita PPP rank
90/197
2024
61/197
2024
Government debt
$15.2B
2024
$55.6B
2024
Debt-to-GDP ratio
72.7%
2024
68.7%
2024
Government debt per person
$5,985
2024
$16,421
2024
Government debt per person rank
75/185
2024
38/185
2024
Average annual personal income after taxes
$5,368
2026
$12,433
2026
Market capitalization of domestic companies n/a
$284M
1996
Income share by richest 10%
27.7%
2017
30%
2024
Income share by poorest 10%
2.2%
2017
2.2%
2024
Government expenditure, % of GDP
24.8%
2024
31.1%
2024
Consumer prices inflation
1.17%
2023-2024
4.85%
2023-2024
Central bank interest rate n/a
8.25%
2025
Unemployment rate
20.4%
2010
8.21%
2024
Population
2663339
3382789

Spending and national debt comparison by year

Gabon
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Gabon Uruguay
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 31.1% 68.7%
2023 21.5% 70.6% 30.5% 64%
2022 19.7% 65.6% 30% 59.9%
2021 17.3% 72.9% 30.2% 64.1%
2020 19.8% 83% 32.8% 68.2%
2019 17.4% 59.8% 30.6% 59.6%
2018 17.1% 62.3% 30.3% 57.9%
2017 18.1% 62.9% 29.7% 55.8%
2016 21.8% 64.5% 29.7% 56.4%
2015 22.3% 44.7% 28.4% 57.8%
2014 23.8% 34.1% 29.1% 51.1%
2013 34.7% 31.1% 28.8% 50%
2012 23.9% 21.4% 27.7% 49.8%
2011 22.1% 21.4% 26.3% 41.3%
2010 23.1% 21.3% 27.4% 40.9%
2009 22.6% 26% 27.2% 46.2%
2008 18.9% 20.1% 26.3% 46.2%
2007 19.4% 39.2% 26.8% 52.8%
2006 21.1% 34.9% 26.8% 61.1%
2005 20.8% 41.7% 26.3% 66.2%
2004 20.9% 60.3% 26.6% 73.7%
2003 21.2% 70.2% 27.7% 91.9%
2002 25.7% 81.1% 27.6% 90.1%
2001 27.8% 81% 27.8% 39.4%
2000 20.3% 72.5% 26.6% 30.5%
1999 25.5% 73.1% 27.2% 24.1%
1998 45.5% 87.6% 27.3% 19.4%
1997 29.7% 57% 27.6% 18.8%
1996 22.2% 64.5% 26.5% 18.3%
1995 25.1% 73.4% 26.2% 18.5%
1994 23.9% 71.3% 29.5% 19.3%
1993 26.9% 90.1% 27.7% 20%
1992 26.5% 87.9% 23.6% 22.2%
1991 25.1% 89.3% 22.2% 20.4%
1990 22.6% 90% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Uruguay spent $25.2B, or 31.1% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 68.7% in Uruguay, ranking 51/185 and 59/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Uruguay
1x
Year Deficit/surplus, % of GDP
Gabon Uruguay
2024 -3.84% -3.22%
2023 1.79% -3.13%
2022 -0.89% -2.52%
2021 -1.93% -2.61%
2020 -2.19% -4.64%
2019 2.13% -2.71%
2018 -0.21% -1.89%
2017 -1.7% -2.51%
2016 -4.71% -2.68%
2015 -1.12% -1.86%
2014 5.98% -2.6%
2013 -3.07% -1.72%
2012 6.2% -2.17%
2011 1.41% -0.33%
2010 2.7% -0.39%
2009 6.77% -1.39%
2008 11% -1.31%
2007 8.06% -0.16%
2006 8.67% -0.64%
2005 7.98% -0.28%
2004 6.99% -0.87%
2003 7.75% -2.19%
2002 3.72% -3.19%
2001 4.07% -2.85%
2000 11.1% -2.76%
1999 1.11% -2.76%
1998 -13.1% -0.76%
1997 1.41% -0.97%
1996 2.12% -1.32%
1995 2.64% -1.08%
1994 -1.53% -2.37%
1993 -5.35% -0.47%
1992 -4.9% 0.6%
1991 -2.03% 0.88%
1990 -3.83% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20).

GeoRank.org/economy/gabon/uruguay | 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 Uruguay's deficit of $2.6B, or 3.22% of GDP.

Over the past 35 years, Gabon recorded a fiscal deficit in 15 of those years, while Uruguay ran a deficit in 32 years. On average, Gabon posted an annual surplus equal to 1.52% of GDP, compared to deficit of 1.67% of GDP for Uruguay.

Inflation comparison by year

Inflation
Gabon

Uruguay
1x
Year Consumer prices inflation
Gabon Uruguay
2024 1.17% 4.85%
2023 3.63% 5.87%
2022 4.23% 9.1%
2021 1.09% 7.75%
2020 1.35% 9.76%
2019 2.46% 7.88%
2018 4.75% 7.61%
2017 2.65% 6.22%
2016 2.11% 9.64%
2015 -0.34% 8.67%
2014 4.69% 8.88%
2013 0.51% 8.58%
2012 2.65% 8.1%
2011 1.26% 8.09%
2010 1.46% 6.7%
2009 1.89% 7.06%
2008 5.26% 7.88%
2007 5.03% 8.11%
2006 -1.41% 6.4%
2005 3.71% 4.7%
2004 0.41% 9.16%
2003 2.24% 19.4%
2002 0.04% 14%
2001 2.14% 4.36%
2000 0.5% 4.76%
1999 -1.94% 5.66%
1998 1.45% 10.8%
1997 3.97% 19.8%

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

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 8.56% in Uruguay. In 2024, inflation was 1.17% in Gabon and 4.85% in Uruguay.

Top exports between countries

Gabon
Export category Export value
Wood & paper products $25K
Textiles & consumer goods $1K
Uruguay
Export category Export value
Animal & marine products $5.5M
Processed food, beverages & tobacco $201K

Balance of trade

Gabon Uruguay
Current account balance
$141M
2015
-$633M
2024
Current account balance ranking
66/190
2015
111/190
2024
Current account balance, % of GDP
+0.98%
2015
-0.78%
2024
Goods imports
$3.17B
2015
$13B
2024
Goods exports
$5.11B
2015
$16.3B
2024
Service imports
$1.88B
2015
$6.22B
2024
Service exports
$277M
2015
$7.1B
2024
Imports of goods and services, % of GDP
27.5%
2024
23.7%
2024
Exports of goods and services, % of GDP
64.6%
2024
28.8%
2024

Economic freedom indices

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

Gabon Uruguay
Economic freedom 56.6 69.8
Economic freedom ranking 120/197 39/197
Property rights 30 87.4
Government integrity 22.6 79
Judicial effectiveness 19.9 80.9
Tax burden 76.5 73.3
Government spending 85.5 72
Fiscal health 87.9 76.6
Business freedom 63.6 83.8
Labor freedom 55.4 61.7
Monetary freedom 80.9 70.2
Trade freedom 57.4 73.2
Investment freedom 60 50
Financial freedom 40 30

Economic freedom comparison by year

Gabon
Uruguay
1x
Year Economic freedom index
Gabon Uruguay
2026 56.6 69.8
2025 56.3 70.2
2024 56.9 69.8
2023 56.1 70.2
2022 55.8 70
2021 58.1 69.3
2020 56.7 69.1
2019 56.3 68.6
2018 58 69.2
2017 58.6 69.7
2016 59 68.8
2015 58.3 68.6
2014 57.8 69.3
2013 57.8 69.7
2012 56.4 69.9
2011 56.7 70
2010 55.4 69.8
2009 55 69.1
2008 54.2 67.9
2007 54.8 68.4
2006 56.1 65.3
2005 54.8 66.9
2004 57.1 66.7
2003 58.7 69.8
2002 58 68.7
2001 55 70.7
2000 58.2 69.3
1999 60.5 68.5
1998 59.2 68.6
1997 58.8 67.5
1996 55.7 63.7
1995 57.5 62.5

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gabon Uruguay
Services, % of GDP
36.8%
2024
65.3%
2024
Industry, % of GDP
52.9%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
6.42%
2024
GNI, Atlas method
$19.8B
2024
$73.3B
2024
GNI per capita, PPP
$20,400
2024
$34,170
2024
Total reserves including gold
$1.45B
2023
$17.4B
2024
Total reserves ranking
136/177
2023
66/177
2024
Net foreign direct investment
-$25.3M
2015
$2.58B
2024
Net inflows of foreign direct investment
$1.14B
2024
-$3.94B
2024
Net outflows of foreign direct investment
-$33.8M
2019
-$1.37B
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
n/a
Poverty at national poverty lines
33.4%
2017
17.3%
2024
Gross capital formation, % of GDP
19.1%
2024
15.6%
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/uruguay | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, 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.