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Cameroon

Headline economic indicators for Cameroon, with the most recent official readings.

Prices

Prices — Cameroon
Indicator Value Change
Inflation rate · 3.4% -1.13 (-24.9%)
Consumer price index · 153.3 +5.05 (+3.4%)
GDP deflator inflation · 2.8% -2.59 (-47.8%)

GDP

GDP — Cameroon
Indicator Value Change
GDP growth rate · 3.2% -0.32 (-9.2%)
GDP per capita · 1,972.38 +142.37 (+7.8%)
GDP per capita, long-run history · 2,812 +20.42 (+0.7%)
GDP · 58,933,453,923.76 +5,636,759,604 (+10.6%)
GDP, PPP · 172,937,252,205 +9,928,650,987 (+6.1%)
GDP per capita, PPP · 5,788 +190.75 (+3.4%)
GDP per capita growth · 0.6% -0.26 (-31.0%)
GNI per capita · 1,860 +170.00 (+10.1%)
Agriculture to GDP · 16.8% -1.62 (-8.7%)
Industry to GDP · 24.8% +1.54 (+6.6%)
Manufacturing to GDP · 14.6% +1.69 (+13.1%)
Services to GDP · 50.4% -0.36 (-0.7%)
Household consumption to GDP · 75.8% +3.20 (+4.4%)
Gross capital formation to GDP · 19.3% +0.44 (+2.3%)
Gross savings to GDP · 15.5% +0.60 (+4.0%)

Labour

Labour — Cameroon
Indicator Value Change
Unemployment rate · 3.6% -0.00 (-0.0%)
Labour force participation rate · 65.2% -0.36 (-0.5%)
Female labour force participation rate · 56.6% -0.51 (-0.9%)
Youth unemployment rate · 6.5% -0.07 (-1.1%)
Employment to population ratio · 62.8% -0.34 (-0.5%)
Employment in agriculture · 41.9% -0.52 (-1.2%)
Employment in industry · 14.6% +0.03 (+0.2%)
Employment in services · 43.5% +0.49 (+1.1%)

Money

Money — Cameroon
Indicator Value Change
Broad money to GDP · 21.4% +1.50 (+7.6%)
Private sector credit to GDP · 14.1% -0.59 (-4.0%)
Bank deposit rate · 2.5% +0.00 (+0.0%)
Bank nonperforming loans · 12.9% -0.15 (-1.1%)
Official exchange rate · 581.93 -24.42 (-4.0%)

Trade

Trade — Cameroon
Indicator Value Change
Current account to GDP · -3.3% +0.85 (+20.6%)
Exports to GDP · 13.1% -2.58 (-16.5%)
Imports to GDP · 20.3% +1.57 (+8.4%)
Trade to GDP · 33.4% -1.02 (-3.0%)
Exports of goods and services · 7,713,888,549.3 -639,437,545 (-7.7%)
Imports of goods and services · 11,960,615,219.66 +1,978,184,384 (+19.8%)
Trade balance, goods and services (annual) · -1,583,605,083.05 +357,413,090 (+18.4%)
Current account balance (annual) · -1,750,019,594.42 +268,851,055 (+13.3%)
Foreign direct investment to GDP · 1.0% -0.65 (-39.0%)
Remittances received to GDP · 1.3% -0.32 (-19.6%)
Total reserves, including gold · 5,061,511,549.9 +179,464,273 (+3.7%)
Reserves in months of imports · 5.3 +0.17 (+3.3%)
External debt to GNI · 31.3% -0.59 (-1.9%)

Government

Government — Cameroon
Indicator Value Change
Government debt to GDP · 79.5% -5.35 (-6.3%)
Government revenue to GDP · 13.7% +0.62 (+4.7%)
Government expense to GDP · 12.4% +0.36 (+3.0%)
Tax revenue to GDP · 11.3% +0.47 (+4.3%)
Government budget balance to GDP · -2.8% +0.52 (+15.8%)
Government consumption to GDP · 11.1% -0.39 (-3.4%)
Education spending to GDP · 2.8% +0.18 (+6.8%)
Health spending to GDP · 4.6% +0.06 (+1.3%)

Demography

Demography — Cameroon
Indicator Value Change
Population · 29,879,337 +755,593 (+2.6%)
Population, long-run history · 29,417 +754.45 (+2.6%)
Population growth · 2.6% -0.05 (-2.0%)
Life expectancy · 64.0 +0.27 (+0.4%)
Fertility rate · 4.26 -0.06 (-1.4%)
Birth rate · 33.3 -0.40 (-1.2%)
Death rate · 7.0 -0.12 (-1.7%)
Urban population share · 55.7% +0.27 (+0.5%)
Population aged 65 and over · 2.8% +0.02 (+0.8%)
Under-five mortality rate · 64.8 -2.20 (-3.3%)
Population density · 61.6 +1.59 (+2.6%)
Net migration · -15,379 -1,487 (-10.7%)
Gini index · 42.2 -4.40 (-9.4%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Cameroon; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.