Market Research In Gabon

Gabon Profile:

  • Gabon, officially the Gabonese Republic, is a sovereign state on the west coast of Central Africa.
  • Gabon one of the most prosperous countries in Sub-Saharan Africa, with the 4th highest HDI and the third highest GDP per capita (PPP) (after Equatorial Guinea and Botswana) in the region.
  • Gabon is a member of the United Nations (UN), World Bank; the IMF; the African Union (AU); the Central African Customs Union/Central African Economic and Monetary Community (UDEAC/CEMAC); EU/ACP association under the Lome Convention; the Communaute Financiere Africaine (CFA); the Organization of the Islamic Conference (OIC); the Nonaligned Movement; and the Economic Community of Central African States (ECCAS/CEEAC), among others.
  • Gabon was also a temporary member of the United Nations Security Council for the 2010–2011 term.
  • Gabon earned a poor reputation with the Paris Club and the International Monetary Fund (IMF) over the management of its debt and revenues

Gabon Economy:

  • Gabon enjoys a per capita income four times that of most sub-Saharan African nations, Due to inequality in income distribution, a significant proportion of the population remains poor.
  • Gabon’s economy is dominated by oil. Oil revenues comprise roughly 46% of the government’s budget, 43% of the gross domestic product (GDP) and 81% of exports.
  • Oil production is currently declining rapidly from its high point of 370,000 barrels per day in 1997. Some estimates suggest that Gabonese oil will be expended by 2025. In spite of the decreasing oil revenues, planning is only now beginning for an after-oil scenario.
  • Gabon faces fluctuating prices for its oil, timber, and manganese exports. A rebound of oil prices from 2001 to 2013 helped growth, but declining production, as some fields passed their peak production, has hampered Gabon from fully realizing potential gains.
  • Despite an abundance of natural wealth, poor fiscal management and over-reliance on oil has stifled the economy

Gabon Facts:

  • Population: 1.8 million
  • Capital: Libreville
  • Largest city: Libreville
  • Area: 267,667 sq km
  • Major language: French (official), Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi
  • Major religion: Roman Catholic 42.3%, Protestant 12.3%, other Christian 27.4%, Muslim 9.8%, animist 0.6%, other 0.5%
  • Life expectancy: 51.7 years (Male), 52.5 years (Female)
  • Monetary unit: 1 Franc CFA(CFA Fr, XAF) = 100 centimes
  • Main exports: Crude oil, timber, manganese, uranium
  • GNI per Capita: $16,750

Our Market Research Services in Gabon:

We Employ A Wide Range of Research Techniques in Gabon:

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