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 (2016): China, France, and Netherlands
Top 3 Exported Goods (2016): Cocoa, Wood, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $88,859,277,154 (2017)
GDP Growth Rate (annual %) 3.177% (2017)
GDP Per Capita, PPP (current international) $3,694 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 89/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.866% (2016)
External debt stocks, total (DOD, current US$) $7,283,225,000 (2016)
Total tax rate (% of commercial profits) 57.7% (2017)
Real Interest Rate (5 year average %) 13.909% (2007)
Manufacturing, value added (% of GDP) 14.672% (2016)
Current Account Balance (BoP, current US$) ($1,037,127,472) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 10,499,670 (2017)
Employment in Agriculture (% of total employment) 62.012% (2017)
Employment in Industry (% of total employment) 9.308% (2017)
Employment in Services (% of total employment) 28.681% (2017)
Unemployment Rate 4.242% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $6,951,453,939 (2017)
Exports of goods and services (current US$) $5,901,797,234 (2017)
Total Merchandise Trade (% of GDP) 25.55% (2017)
FDI, net inflows (BoP, current US$) $663,725,132 (2016)
Commercial Service Exports (current US$) $1,573,154,118 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank