Economy

Gabon is a relatively prosperous country, enjoying a per capita income four times that of most other nations in sub-Saharan Africa. This largely in part due to offshore oil production that has produced substantial wealth, with the oil sector accounting for 50% of GDP and 80% of exports. After oil, the other major sectors are timber and manganese mining.

However, during the 1990s, devaluation of the CFA franc left Gabon struggling to pay its overseas debt; France and the IMF have provided further loans and aid in exchange for the implementation of changes to the economy.