Is Gabon an LEDC

Answer 1

Gabon is often classified as a lower-middle-income country by the World Bank, but it exhibits characteristics of both developing and developed nations due to its significant oil wealth and relatively high GDP per capita. However, it still faces challenges such as income inequality, poverty, and limited access to basic services for a large part of its population. Therefore, while Gabon is not typically labeled as a Least Economically Developed Country (LEDC), it does face many developmental hurdles.