Gross Savings (As % of GDP) rose to 30.6% in Gabon in 2019

Gross Savings (As % of GDP) (%)
Economy | Gabon | January 1, 2020
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Gross savings as a share of GDP reached 30.6 % in 2019 in Gabon, according to the National Statistical Office. This is 6.47 % more than in the previous year.

Historically, gross savings as a share of GDP in Gabon reached an all time high of 43.5 % in 2014 and an all time low of 0.127 % in 1987. When compared to Gabon's main peers, gross savings as a share of GDP in Angola amounted to 24.2 %, 26.6 % in Cameroon, 37.8 % in Congo and 7.78 % in Equatorial Guinea in 2019.

Gabon has been ranked 32nd within the group of 163 countries we follow in terms of gross savings as a share of GDP, 2 places above the position seen 10 years ago.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

Gross Savings (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Angola % 0.264% 24.3% 24.2% 26.7% 27.6%
Botswana % 0.394% 37.1% 37.7% 38.2% 38.9%
Cameroon % 0.182% 25.9% 26.6% 27.3% 28.0%
Central African Republic % 5.41% 6.37% 7.54% 8.43% 9.28%
Chad % 15.5% 19.4% 20.3% 19.7% 19.9%
Congo % 19.5% 34.5% 37.8% 33.4% 29.4%
Dem. Republic of the Congo % 0.188% 12.4% 12.6% 12.0% 12.1%
Equatorial Guinea % 6.14% 7.63% 7.78% 7.61% 7.38%
Gabon % 25.6% 28.8% 30.6% 32.6% 32.5%
Namibia % 0.159% 16.3% 15.4% 17.3% 17.9%
Nigeria % 0.183% 15.7% 14.8% 14.7% 14.7%
Zambia % 38.3% 40.4% 38.7% 38.1% 35.8%