Cameroon: Economy

Economic Trivia

Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Exported Goods: Data unavailable Top 3 Exported Goods: Apparel: Knit, Printed Material, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Petroleum Production and Refining; Aluminum Production; Food Processing; Light Consumer Goods

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international $) $63 billion (2013)
GDP Growth Rate (annual %) 5.562% (2013)
GDP Per Capita, PPP (current international $) $2,830 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 95/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.945% (2013)
External debt stocks, total (DOD, current US$) $4,922 million (2013)
Total tax rate (% of commercial profits) 48.8% (2014)
Real Interest Rate (5 year average %) 13.835% (2007)
Manufacturing, value added (% of GDP) 14.388% (2013)
Current Account Balance (BoP, current US$) $-1,127,766,813 (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 8,924,086 (2013)
Employment in Agriculture (% of total employment) 53.3% (2010)
Employment in Industry (% of total employment) 12.6% (2010)
Employment in Services (% of total employment) 34.1% (2010)
Unemployment Rate 4% (2013)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $8,548 million (2013)
Exports of goods and services (current US$) $6,108 million (2013)
Total Merchandise Trade (% of GDP) 37.879% (2013)
FDI, net inflows (BoP, current US$) $572 million (2013)
Commercial Service Exports (current US$) $1,542,932,676 (2012)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Cameroon’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment