Country Economic Forecasts - Gabon
Structurally low oil prices continue to place pressure on economic growth. Real GDP growth for 2018 was estimated at 1.5%, declining to 1.2% in 2019 due to a slowdown in global growth and a low oil price environment. Meanwhile, inflation was estimated at 4.4% for 2018 due to higher food prices and the pass through of rising international oil prices, but it is forecast to decline to 2.5% in 2019.
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