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Country Information
- Population: 1,9 millions
- GDP per Capita: 7 453 $
- GDP's growth in 2017: 0,8%
- GDP's growth in 2018: 2,7% (prev)
(source www.coface.com)
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Strengths of the Economy
- 5th largest oil producer in sub-Saharan Africa; 2nd African producer of wood; rank of 1st world producer of coveted manganese
- Efforts to diversify the economy undertaken under the "Emerging Gabon" plan
- Stability of the CFA franc
(source www.coface.com)
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Insurance Market
- Size of the market in million:
116 758,11 XAF - 197,4 USD
- Insurance Penetration Rate (% of the GDP): 1,38
- 7 non life insurance companies
(source www.axco.co.uk)
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