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Gabon Practical Info  |
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Government
Country name:
conventional long form: Gabonese Republic
conventional short form: Gabon
local long form: Republique Gabonaise
local short form: Gabon
Data code: GB
Government type: republic; multiparty presidential regime (opposition parties legalized in 1990)
Capital: Libreville
Independence: 17 August 1960 (from France)
Legal system: based on French civil law system and customary law; judicial review of legislative acts in Constitutional Chamber of the Supreme Court; compulsory ICJ jurisdiction not accepted
Suffrage: 21 years of age; universal
Diplomatic representation in the US:
chief of mission: Ambassador Paul BOUNDOUKOU-LATHA
chancery: Suite 200, 2034 20th Street NW, Washington, DC 20009
telephone: [1] (202) 797-1000
FAX: [1] (202) 332-0668
consulate(s): New York
Diplomatic representation from the US:
chief of mission: Ambassador James V. LEDESMA
embassy: Boulevard de la Mer, Libreville
mailing address: B. P. 4000, Libreville
telephone: [241] 76 20 03 through 76 20 04, 74 34 92
FAX: [241] 74 55 07
Economy
Economy - overview: Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa. This has supported a sharp decline in extreme poverty; yet because of high income inequality a large proportion of the population remains poor. Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. The oil sector now accounts for 50% of GDP. Gabon continues to face fluctuating prices for its oil, timber, manganese, and uranium exports. Despite the abundance of natural wealth, the economy is hobbled by poor fiscal management. In 1992, the fiscal deficit widened to 2.4% of GDP, and Gabon failed to settle arrears on its bilateral debt, leading to a cancellation of rescheduling agreements with official and private creditors. Devaluation of its Francophone currency by 50% on 12 January 1994 sparked a one-time inflationary surge, to 35%; the rate dropped to 6% in 1996. The IMF provided a one-year standby arrangement in 1994-95 and a three-year Enhanced Financing Facility (EFF) at near commercial rates beginning in late 1995. Those agreements mandate progress in privatization and fiscal discipline. France provided additional financial support in January 1997 after Gabon had met IMF targets for mid-1996. In 1997, an IMF mission to Gabon criticized the government for overspending on off-budget items, overborrowing from the central bank, and slipping on its schedule for privatization and administrative reform. The rebound of oil prices in 1999 helped growth, but drops in production hampered Gabon from fully realizing potential gains. With support from higher oil prices, growth will move up in 2000-01.
Population below poverty line: NA%
Inflation rate (consumer prices): 2.9% (1999 est.)
Industries: food and beverage; textile; lumbering and plywood; cement; petroleum extraction and refining; manganese, uranium, and gold mining; chemicals; ship repair
Currency: 1 Communaute Financiere Africaine franc (CFAF) = 100 centimes
Communications
Telephones - main lines in use: 32,000 (1995)
Telephones - mobile cellular: 4,000 (1995)
Telephone system:
Domestic: adequate system of cable, microwave radio relay, tropospheric scatter, radiotelephone communication stations, and a domestic satellite system with 12 earth stations
International: satellite earth stations - 3 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 6, FM 7, shortwave 6 (1998)
Radios: 208,000 (1997)
Television broadcast stations: 4 (plus five low-power repeaters) (1997)
Televisions: 63,000 (1997)
Internet Service Providers (ISPs): 1 (1999)
Transportation
Railways:
total: 649 km (Gabon State Railways or OCTRA)
standard gauge: 649 km 1.435-m gauge; single track (1994)
Highways:
total: 7,670 km
paved: 629 km (including 30 km of expressways)
unpaved: 7,041 km (1996 est.)
Waterways: 1,600 km perennially navigable
Pipelines: crude oil 270 km; petroleum products 14 km
Ports and harbors: Cap Lopez, Kango, Lambarene, Libreville, Mayumba, Owendo, Port-Gentil
Merchant marine:
total: 1 ship (1,000 GRT or over) totaling 2,419 GRT/3,205 DWT
ships by type: cargo 1 (1999 est.)
Airports: 61 (1999 est.)
Airports - with paved runways:
total: 11
over 3,047 m: 1
2,438 to 3,047 m: 1
1,524 to 2,437 m: 8
914 to 1,523 m: 1 (1999 est.)
Airports - with unpaved runways:
total: 50
1,524 to 2,437 m: 9
914 to 1,523 m: 16
under 914 m: 25 (1999 est.)
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