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 Trade Partners (2014): China, Nigeria, and Spain
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Cocoa, and Wood

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) $67,686,481,734 (2014)
GDP Growth Rate (annual %) 5.927% (2014)
GDP Per Capita, PPP (current international) $2,972 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 95/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.948% (2014)
External debt stocks, total (DOD, current US$) $4,922,311,000 (2013)
Total tax rate (% of commercial profits) 48.8% (2015)
Real Interest Rate (5 year average %) 13.835% (2007)
Manufacturing, value added (% of GDP) 14.315% (2014)
Current Account Balance (BoP, current US$) ($1,127,766,695) (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 9,176,788 (2014)
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 4.3% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $9,984,169,170 (2014)
Exports of goods and services (current US$) $6,966,360,244 (2014)
Total Merchandise Trade (% of GDP) 36.926% (2014)
FDI, net inflows (BoP, current US$) $501,200,000 (2014)
Commercial Service Exports (current US$) $1,887,949,820 (2013)
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

Glossary