Page 25 - Nexia SAB&T Africa Overview 2025

Gabon (GMT +1)

General:
▪ Capital City: Libreville
▪ Official Language: French
▪ Currency: Central African CFA Franc (XAF)
▪ Main Exports: Petroleum products, manganese, uranium and timber
▪ Surface Area: 267.7 sq. km (thousands)
▪ Population: 2,5 million (2025,est)
Key Economic Indicators:
▪ GDP: $21 billion (2023) / GDP Growth Rate: 2.9% (2024)
▪ CPI Inflation Rate (annual): 1.5% (2025)
▪ Sovereign Credit Ratings: Moody’s: Caa1, S&P: Rating watch,
Fitch: B- (High to Very High Credit Risk)
▪ Indicator of Economic Freedom Score: 56.3/100 (2025): Mostly Unfree
Exchange Controls:
▪ Exist

Basis of Taxation: (Tax Year End: 31 December)
▪ Residents: Worldwide income
▪ Non-residents: Gabon-source income
Tax Rates:
▪ Individuals: Determined according to a progressive rates scale established
according to the taxpayer’s family charges (with a maximum of six dependent
children) and according to income brackets, progressive rates from 0% to 35%
▪ Companies: 30% (35% mining, gas and oil companies)
▪ Inheritance and Donations Taxes: Varying rates apply
▪ VAT: 18%
▪ Withholding Tax: Varying rates apply to residents and non-residents
▪ Capital Gains Tax (CGT): Company’s: taxed as ordinary income / Individuals: 20%
▪ Double Taxation Agreements: In place with several countries
Useful links:
▪ Bank of Central African States https://www.beac.int
▪ Department of Budget and Public Accounts http://budget.gouv.ga
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