Gabon: Terms of trade

* indicates monthly or quarterly data series
 Gabon

Terms of trade, base year = 2000

 Latest value 120.49
 Year 2021
 Measure percent
 Data availability 1980 - 2021
 Average 120.69
 Min - Max 63.46 - 249.49
 Source The United Nations
The latest value from 2021 is 120.49 percent, an increase from 91.77 percent in 2020. In comparison, the world average is 109.62 percent, based on data from 189 countries. Historically, the average for Gabon from 1980 to 2021 is 120.69 percent. The minimum value, 63.46 percent, was reached in 2001 while the maximum of 249.49 percent was recorded in 1981. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Gabon - Terms of trade - Recent values chart

Historical series
Gabon - Terms of trade - historical chart - 1980-2021




The terms of trade for Gabon are calculated as the value of its exports as percent of the value of its imports. An increase in the terms of trade means that the value of exports is increasing relative to the value of imports. The country can afford to buy more imports with the revenue from its exports. For example, an increase in the price of oil increases (improves) the terms of trade for the oil-exporting countries and lowers it for the other countries.
Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 120.49 2021 percent
 Trade openness 74.14 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 56.70 2023 percent
 Exports, billion dollars 11.63 2023 billion U.S. dollars
 Growth of exports 1.36 2023 percent
 Imports, percent of GDP 17.44 2023 percent
 Imports, billion dollars 3.58 2023 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 2.80 2023 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 2023 percent
 Remittances 18.46 2023 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
This site uses cookies.
Learn more here


OK