The Gabonese economy is expected to bounce back with a growth rate of 3.1% in 2027, according to the Bank of Africa Development (Bad).
The institution’s latest projections, updated on June 23, 2026, indicate that the country will follow a positive trajectory.
According to the Bad, the economy is expected to grow at a rate of 3.0% in 2026, which will be slightly higher than the previous year’s growth rate of 2.9%. The growth rate is expected to reach 3.1% in 2027.
The Bad attributes the expected rebound to the dynamism in the construction and services sectors, as well as the manufacturing and agricultural industries.
The agriculture sector, driven by poultry farming and palm oil production, is also seen as a key driver of the recovery.
Regarding external finances, the current account balance is expected to show an surplus of 1.1% of GDP in 2026, before returning to a deficit of 2.4% in 2027.
The expected growth rate is driven by an increase in household consumption and investment, as well as the creation of a central purchasing agency to curb speculation on imports and stabilize inflation at 3.1% in 2026 and 2.3% in 2027.
However, the Bad also highlights concerns over the country’s chronic budget deficits and high debt burden.
The institution warns that the government must take bold measures to address these challenges and ensure a coordinated response to global crises.
