Gabon’s public debt is projected to climb to 94.3% of gross domestic product by 2027, a significant escalation from 70.9% in 2024, according to new estimates from the International Monetary Fund.
The surge follows the country’s recent issuance of $920 million in eurobonds, which has accelerated the accumulation of external liabilities.
The $920 million bond issuance, while providing immediate liquidity, has locked in higher long-term liabilities that will weigh on future budget flexibility.
The IMF forecasts an intermediate rise to 78.9% of GDP in 2025 and 86.1% in 2026 before reaching the near-100% threshold.
This trajectory represents a 23 percentage point increase over three years, signaling a rapid deterioration in the nation’s fiscal position.
The debt buildup places Gabon among the most heavily indebted nations in Central Africa, raising questions about its ability to service obligations without external support or restructuring.
The $920 million bond issuance, while providing immediate liquidity, has locked in higher long-term liabilities that will weigh on future budget flexibility.