Gabon GA: Military Expenditure: % of GDP

1967 - 2016 | Yearly | % | World Bank

Gabon GA: Military Expenditure: % of GDP data was reported at 2.056 % in 2017. This records an increase from the previous number of 1.427 % for 2016. Gabon GA: Military Expenditure: % of GDP data is updated yearly, averaging 1.577 % from Dec 1967 (Median) to 2017, with 34 observations. The data reached an all-time high of 3.996 % in 1986 and a record low of 0.668 % in 1976. Gabon GA: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Gabon – Table GA.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Gabon's Gabon GA: Military Expenditure: % of GDP from 1967 to 2016 in the chart:

Gabon Gabon GA: Military Expenditure: % of GDP

What was Gabon's Gabon GA: Military Expenditure: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
1.43 2016 1.19 2015 0.67 1976 4.00 1986 % yearly 1967 - 2016

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Gabon Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 22,980.030 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 11,088.080 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.809 2027 yearly 1981 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XAF bn) 3,683.236 2029 yearly 1990 - 2029
Forecast: Government Net Debt (XAF bn) 14,379.829 2029 yearly 1990 - 2029
Forecast: Government Revenue (XAF bn) 2,428.232 2029 yearly 1990 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 2.314 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.662 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.367 2028 yearly 1980 - 2028

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