Producing approximately 89m barrels in 2011, Gabon is currently the sixth-largest oil producer in sub-Saharan Africa. While oil production has been on a steady decline since peaking in the late 1990s, offshore and deepwater fields remain largely untapped. Given greater industrialisation, growth is expected to occur in electricity generation, with new generators and three new dams currently under...
Gabon
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Gabon’s status as the sixth-largest crude oil producer in sub-Saharan Africa has helped the country achieve the second-highest per capita GDP in the region. While the country’s resource-dependent economy took a hit when global demand dropped during the financial crisis of 2008-09, recovery has been strong and growth has remained robust. The government has in recent years put a greater focus on...
Chapter | Country Profile from The Report: Gabon 2012
Gabon has long been lauded on the global stage for its relative stability in a region that has, at many times over the past several decades, experienced significant political unrest. A member of both global and regional political and economic organisations, Gabon’s global engagement is closely linked to France, given its status as a former French colony. The country has a multi-party political...
Since 1953, when oil was first discovered near Port-Gentil, Gabon’s economy has been dominated by the petroleum industry. According to the BP “Statistical Review of World Energy 2012”, Gabon is the sixth-largest crude oil producer in sub-Saharan Africa and has the region’s fourth-largest proven reserves.
Le développement industriel est encore relativement modeste au Gabon, car, historiquement, l’économie s’est appuyée sur les revenus des exportations de ses abondantes ressources naturelles non-transformées, dont le bois et le pétrole, ainsi que les minerais tels que le manganèse et le fer. Cependant, même si les exportations d’hydrocarbures constituent toujours la principale source de revenu en devises étrangères, les réserves en pétrole du Gabon s’amenuisent.
L’amélioration de la politique budgétaire et les investissements à grande échelle devraient permettre au Gabon d’afficher une croissance économique solide cette année qui pourrait atteindre 5,6% en 2012 selon les estimations du FMI. C’est en-dessous des 5,8 % de 2011, mais au-dessus des prévisions de 5,4 % pour la région de l’Afrique centrale. Les prévisions du gouvernement gabonais sont légèrement plus optimistes, avec 6,6 % de croissance économique pour 2012, également légèrement au-dessous des estimations de 6,8 % pour 2011.