Gabon: Reserves

* indicates monthly or quarterly data series
 Gabon

Foreign exchange reserves including gold, billion USD

 Latest value 1.37
 Year 2019
 Measure billion U.S. dollars
 Data availability 1960 - 2019
 Average 0.50
 Min - Max 0.01 - 3.00
 Source The World Bank
For that indicator, we provide data for Gabon from 1960 to 2019. The average value for Gabon during that period was 0.5 billion U.S. dollars with a minimum of 0.01 billion U.S. dollars in 1960 and a maximum of 3 billion U.S. dollars in 2013. The latest value from 2019 is 1.37 billion U.S. dollars. For comparison, the world average in 2019 based on 166 countries is 78.74 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Gabon - Reserves - Recent values chart

Historical chart
Gabon - Reserves - historical chart - 1960-2019




The reserves of Gabon and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Terms of trade 120.49 2021 percent
 Trade openness 77.99 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 61.38 2022 percent
 Exports, billion dollars 12.93 2022 billion U.S. dollars
 Growth of exports 6.87 2022 percent
 Imports, percent of GDP 16.60 2022 percent
 Imports, billion dollars 3.50 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 5.24 2022 percent
 Foreign Direct Investment, billion dollars 1.10 2022 billion U.S. dollars
 Portfolio investment inflows, equities 4.38 2015 million dollars (current)
 Current account, percent of GDP -1.20 2022 percent
 Current account, in dollars 0.14 2015 billion U.S. dollars
 Trade balance, percent of GDP 44.78 2022 percent
 Trade balance, in dollars 0.34 2015 billion U.S. dollars
 Reserves 1.37 2019 billion U.S. dollars
 Remittances, percent of GDP 0.09 2022 percent
 Remittances 18.46 2022 million U.S. dollars
 Net errors and omissions 452.22 2015 million USD
 External debt 41.79 2022 percent
 Short-term external debt 4.08 2022 percent
 Short-term debt to reserves 26.22 2019 percent
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