+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Country Risk Service Gabon 4th Quarter

  • ID: 2361007
  • Country Profile
  • Region: Gabon
  • 25 Pages
  • The Economist Intelligence Unit
1 of 2
Gabon's sovereign risk rating remains at B, although the score has strengthened by one point, reflecting a recent narrowing of the current-account deficit and lower public debt as a proportion of GDP. Nonetheless, Gabon's financial buffers have been weakened by subdued oil prices and declining oil reserves, and fiscal and current-account deficits remain wide by historical standards.

The currency risk rating remains at BB although the score has worsened by two points, due to a fall in foreign-exchange reserves-most likely owing to election-related uncertainty. Strong export growth, higher oil prices and support from the IMF, which approved a three-year programme in 2017, support the rating.

The banking sector risk rating remains at B, although the score has worsened by three points, mainly due to a rise in non-performing loans and an increase in real interest rates (due to a fall in inflation). Banks remain heavily exposed to public entities and government suppliers, underpinning the relatively weak rating.
Note: Product cover images may vary from those shown
2 of 2
Country Risk Service Gabon 4th Quarter

Risk assessment
Sovereign risk
Currency risk
Banking sector risk
Political risk
Economic structure risk

Definitions
Sovereign risk
Currency risk
Banking sector risk
Political risk
Economic structure risk
Overall country risk

Sovereign risk
Current assessment
Positive factors
Negative factors
Rating outlook

Currency risk
Current assessment
Positive factors
Negative factors
Rating outlook
Foreign-exchange regime

Banking sector risk
Current assessment
Positive factors
Negative factors
Rating outlook

Generic risks
Political risk assessment
Economic structure risk assessment

Country risk
Overall country risk

Central scenario for 2019-23: Political stability

Central scenario for 2019-23: Election watch

Central scenario for 2019-23: International relations

Central scenario for 2019-23: Policy trends

Central scenario for 2019-23: Fiscal policy

Central scenario for 2019-23: Monetary policy

Central scenario for 2019-23: Economic growth

Central scenario for 2019-23: Inflation

Central scenario for 2019-23: Exchange rates

Central scenario for 2019-23: External sector

Central scenario for 2019-23: External financing requirement

Central scenario for 2019-23: External debt

Key risk indicators

Ratings summary

Quarterly indicators

International assumptions summary

Economic structure

Public finances

Exchange rates, interest rates and prices

Financial sector

Current account

International liquidity

Foreign payment and liquidity indicators

External trade

External financing requirement

External debt stock

External debt service
Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll