Gabon - Country Code 241
IDD Code: 00
Country Code: 241
ISO: GA
ISO3: GAB
Helpful Information About Gabon
Time
Monday, December 23, 2024
Capital: Libreville
Time Zone
UTC+01:00
Time Difference
Libreville, Gabon is ()
Daylight Savings Time
Gabon does not follow DST
Weather
Country Map
Country Flag
About Gabon Country NameGabon
ContinentAfrica
Lat/Long-0.80368900, 11.60944400
BackgroundFollowing, independence from France in 1960, El Hadj Omar BONGO Ondimba - one of the longest-ruling heads of state in the world - dominated the country's political scene for four decades (1967-2009). President BONGO introduced a nominal multiparty system and a new constitution in the early 1990s. However, allegations of electoral fraud during local elections in December 2002 and the presidential election in 2005 exposed the weaknesses of formal political structures in Gabon. Following President BONGO's death in 2009, a new election brought his son, Ali BONGO Ondimba, to power. Despite constrained political conditions, Gabon's small population, abundant natural resources, and considerable foreign support have helped make it one of the more stable African countries.
President Ali BONGO Ondimba’s controversial August 2016 reelection sparked unprecedented opposition protests that resulted in the burning of the parliament building. The election was contested by the opposition after fraudulent results were flagged by international election observers. Gabon’s Constitutional Court reviewed the election results but ruled in favor of President BONGO, upholding his win and extending his mandate to 2023.
President Ali BONGO Ondimba’s controversial August 2016 reelection sparked unprecedented opposition protests that resulted in the burning of the parliament building. The election was contested by the opposition after fraudulent results were flagged by international election observers. Gabon’s Constitutional Court reviewed the election results but ruled in favor of President BONGO, upholding his win and extending his mandate to 2023.
Population1,738,541
LanguagesFrench (official), Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi
ReligionsCatholic 41.9%, Protestant 13.7%, other Christian 32.4%, Muslim 6.4%, animist 0.3%, other 0.3%, none/no answer 5% (2012 est.)
Ethnic GroupsBantu tribes, including four major tribal groupings (Fang, Bapounou, Nzebi, Obamba); other Africans and Europeans, 154,000, including 10,700 French and 11,000 persons of dual nationality
Economy
EconomyGabon enjoys a per capita income four times that of most sub-Saharan African nations, but because of high income inequality, a large proportion of the population remains poor. Gabon relied on timber and manganese exports until oil was discovered offshore in the early 1970s. From 2010 to 2016, oil accounted for approximately 80% of Gabon’s exports, 45% of its GDP, and 60% of its state budget revenues.
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. GDP grew nearly 6% per year over the 2010-14 period, but slowed significantly in 2015 as oil prices declined. Low oil prices also weakened government revenue and negatively affected the trade and current account balances.
Despite an abundance of natural wealth, poor fiscal management and over-reliance on oil has stifled the economy. There are frequent power cuts and water shortages. Significant cuts in budget expenditures -- Gabon’s budget has contracted for four years in a row -- have not extended to the government’s priority projects, like a new stadium for the Africa Cup of Nations.
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. GDP grew nearly 6% per year over the 2010-14 period, but slowed significantly in 2015 as oil prices declined. Low oil prices also weakened government revenue and negatively affected the trade and current account balances.
Despite an abundance of natural wealth, poor fiscal management and over-reliance on oil has stifled the economy. There are frequent power cuts and water shortages. Significant cuts in budget expenditures -- Gabon’s budget has contracted for four years in a row -- have not extended to the government’s priority projects, like a new stadium for the Africa Cup of Nations.
GDP$14.56 billion (2016 est.)
CurrencyFranc
Communications
Internet TLD.ga
Internet Users401,000
Land Lines18,758
Mobile Phones2.958 million
Broadcast MediaState owns and operates 2 TV stations and 2 radio broadcast stations; a few private radio and TV stations; transmissions of at least 2 international broadcasters are accessible; satellite service subscriptions are available (2007)