Economic and Fiscal Update
Prudent Public Finances Management
Despite a significant increase in public investments since 2010, the Authorities have always maintained
Gabon's public finances in surplus or close to balance
Expenditures vs. Revenues (CFA billion) and Fiscal Surplus/ Deficit (% of GDP)
2,486
2,275
1.60%
2011
Subsidies (CFA billion)
Total Revenues and Grants
Total Expenditures
2,638
2,622
2,333
2,316
1.80%
2.40%
2012
2013e
Fiscal Balance (RHS)
2,349
2,009
1,981
2.70%
1,834
2014e
Revenues Breakdown (% of total revenues)
■ Oil Revenues
-2.90%
2015*
■Non-Oil Revenues
498
476
440
410
45%
42%
49%
56%
71%
303
2011
2012
2013e
-39%
2014e
2015*
Sources: Ministry of Economy, Promotion of Investments and Prospective
55%
58%
51%
44%
29%
2011
2012
2013
2014
2015*
* 2015 Revised Budget Law
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