Gabon

Gabon

Gabon facts and figures

Gabon's Independence Day
Gabon's Independence Day

17 August

The Republic of Gabon is situated on the western shores of Central Africa. It is bordered by the Gulf of Guinea to the west, the Republic of Congo to the east and south, Cameroon to the north and Equatorial Guinea to the northwest. Located on the equator, Gabon covers a gross area of approximately 268,000 square kilometres, while its population exceeds 1.8 million.

Gabon’s capital city is Libreville which is inhabited by around 700,000 residents. The republic’s currency is the CFA franc, a currency used by five other African nations. The country’s official language is French.

In addition to being an oil producer and net oil exporter, Gabon possesses abundant primary materials, and enjoys growing agriculture and tourism sectors. Other notable exports are timber, uranium and manganese.

Gabon’s current President is HE Ali Bongo Ondimba, who was elected in 2009.

Gabon became a full member of OPEC in 1975 but terminated its membership in 1995. It re-joined the Organization on 1 July 2016.

Did you know?

  • Gabon’s oil industry started gaining attention in 1931 when several oil deposits were discovered in neighbouring regions of Libreville.
  • In addition to the oil industry, Gabon’s location overlooking the Gulf of Guinea and the Atlantic Ocean has led to the emergence of another important economic sector - the fishing industry.
     

Below data covers 2016 

Population (million inhabitants) 1.881
Land area (1,000 sq km) 268
Population density (inhabitants per sq km) 7
GDP per capita ($) 7,588
GDP at market prices (million $) 14,273
Value of exports (million $) 5,871
Value of petroleum exports (million $) 4,198
Current account balance (million $) -1,279
Proven crude oil reserves (million barrels) 2,000
Proven natural gas reserves (billion cu. m.) 25.5
Crude oil production (1,000 b/d) 220.2
Marketed production of natural gas (million cu. m.) 551.1
Refinery capacity (1,000 b/cd) 24.0
Output of refined petroleum products (1,000 b/d) 16.2
Oil demand (1,000 b/d) 25.2
Crude oil exports (1,000 b/d) 205.2
Exports of petroleum products (1,000 b/d) 5.6
Natural gas exports (million cu.m.) --

  • b/d (barrels per day)
  • cu. m. (cubic metres)
  • b/cd (barrels per calendar day)

Source: Annual Statistical Bulletin 2017

  • HE Pascal Houangni Ambouroue

    HE Pascal Houangni Ambouroue

    Minister of Petroleum and Hydrocarbons
    Head of Delegation

  • Mr. Etienne Lepoukou

    Mr. Etienne Lepoukou

    Governor for OPEC

  • Mr. André-Brice Boumbendje

    Mr. André-Brice Boumbendje

    National Representative