Gabon Debt Passed 80% of GDP, World Bank Estimates
The World Bank puts Gabon's debt above 80% of GDP in 2025, while the government's unpublished audit says 68.91%. Bondholders now wait for the IMF. The post Gabon Debt Passed 80% of GDP, World Bank Estimates appeared first on The Rio Times .
The World Bank estimates that Gabon's public debt surpassed 80% of its gross domestic product (GDP) in 2025, according to a report published on 29 September 2025. This figure is higher than the government's current estimate of 68.91% of GDP, which was derived from a debt audit conducted by the Ministry of Economy and Finance. The discrepancy between the two numbers arises from a recent political transition and the inclusion of unpaid bills and wages, which were previously overlooked.
The audit revealed that Gabon's state-owned companies, particularly the national oil firm GOC, hold significant debt, accounting for 6.8% of GDP. Other contributors to the debt increase include lower oil prices, reduced output, and arrears on debt repayments. The bank notes that if the government adheres to its payment plans, the debt could decrease to 3.5% of GDP.
However, the government's budget for 2026 and 2027 may exacerbate the situation if not adjusted, potentially increasing primary deficits and debt levels.
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