Background: Ruled by autocratic presidents since independence from France in 1960 Gabon introduced a multiparty system and a new constitution in the early 1990s that allowed for a more transparent electoral process and for reforms of governmental institutions. A small population abundant natural resources and foreign private investment have helped make Gabon one of the more prosperous black African countries.
Ethnic groups: Bantu tribes including four major tribal groupings (Fang Eshira Bapounou Bateke) other Africans and Europeans 154,000 including 6,000 French and 11,000 persons of dual nationality
Languages: French (official) Fang Myene Bateke Bapounou/Eschira Bandjabi
Religions: Christian 55%-75% Muslim less than 1% animist
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
Legislative branch: bicameral legislature consists of the Senate (91 seats) and the National Assembly or Assemblee Nationale (120 seats); members are elected by direct popular vote to serve five-year terms
Judicial branch: Supreme Court or Cour Supreme consisting of three chambers - Judicial Administrative and Accounts; Constitutional Court; Courts of Appeal; Court of State Security; County Courts
Political parties and leaders: African Forum for Reconstruction or FAR [leader NA]; Circle of Liberal Reformers or CLR [General Jean Boniface ASSELE]; Democratic and Republican Alliance or ADERE [Divungui-di-Ndinge DIDJOB]; Gabonese Democratic Party or PDG former sole party [Simplice Nguedet MANZELA secretary general]; Gabonese Party for Progress or PGP [Pierre-Louis AGONDJO-OKAWE president]; Gabonese People's Union or UPG [Pierre MAMBOUNDOU]; Gabonese Socialist Union or USG [leader NA]; National Rally of Woodcutters (Bucherons) or RNB [Fr. Paul M'BA-ABESSOLE]; People's Unity Party or PUP [Louis Gaston MAYILA]; Rally for Democracy and Progress or RDP [leader NA]; Social Democratic Party or PSD [Pierre Claver MAGANGA-MOUSSAVOU]
International organization participation: ACCT ACP AfDB BDEAC CCC CEEAC ECA FAO FZ G-24 G-77 IAEA IBRD ICAO ICFTU IDA IDB IFAD IFC IFRCS (associate) ILO IMF IMO Inmarsat Intelsat Interpol IOC ITU NAM OAU OIC OPCW UDEAC UN UNCTAD UNESCO UNIDO UPU WCL WHO WIPO WMO WToO WTrO
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.