answersLogoWhite

0

What type of economy does Gabon have?

Updated: 8/17/2019
User Avatar

Wiki User

13y ago

Best Answer

Gabon has a free-trade economy and is a member of the WTO (World Trade Organization.) It's industry is centered on petroleum, timber processing, and manganese (a metal used in alloys, particularly in stainless steel) mining. Animal husbandry is limited by the presence of the tsetse (pronounced teet-sea) fly, and the fishing industry is still quite undeveloped.

The exchange rate is roughly 500 CFAF (pronounced "sEE-fuh") to $1.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What type of economy does Gabon have?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How much a year does the President of Gabon make?

The president of Gabon makes about 200,000 Euros per year depending on the variations in the economy.


The country in Equatorial Africa with significant oil supplies and an upper middle income economy is?

Gabon


The country in Equatorial Africa with significant oil supplies and an upper-middle income economy is?

Gabon


What type of climate does Gabon experience?

Gabon has a equatorial climate. This means they experience warm tempretures all year round.


What continent is gabon located on?

Gabon is in Africa.


What is the French word for Gabon?

Gabon in French is Gabon. It can also be called République Gabonaise.


What does type of economy does turkey have?

It has a market economy. BUT IT WAS a command economy


What type of economy is command economy?

Opposite of Market Economy


What is the real name of Gabon?

gabon is in Africa


What is a gabon?

Gabon is a country in West Africa.


Does Gabon have gorillas there?

no Gabon does not have gorillas there sorry


What is Gabon's population?

The population of Gabon is 1.