Economy - overview:
Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems confronting other underdeveloped countries, such as stagnant per capita income, a relatively inequitable distribution of income, a top-heavy civil service, endemic corruption, and a generally unfavorable climate for business enterprise. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation's banks. The IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs. Subsidies for electricity, food, and fuel have strained the budget. Cameroon recently began several large infrastructure projects, including a deep sea port in Kribi, a natural gas powered electricity generating plant, and several hydroelectric dams. Cameroon must attract more investment to improve its inadequate infrastructure, but its business environment is a deterrent to foreign investment.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Exchange rates:
NOTE: 1) The information regarding Cameroon on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Cameroon Economy 2014 information contained here. All suggestions for corrections of any errors about Cameroon Economy 2014 should be addressed to the CIA.
$50.16 billion (2012 est.)
country comparison to the world: 96
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$25.01 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]
4.6% (2012 est.)
country comparison to the world: 77
[see also: GDP - real growth rate country ranks ]
$2,300 (2012 est.)
country comparison to the world: 186
note:
data are in 2012 US dollars
[see also: GDP - per capita country ranks ]
21% of GDP (2012 est.)
country comparison to the world: 70
[see also: Gross national saving country ranks ]
household consumption: 67.4%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption:
16.3%
investment in fixed capital:
21%
investment in inventories:
0%
exports of goods and services:
30.7%
imports of goods and services:
-34.8%
agriculture: 20.8%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
27.5%
services:
51.6% (2012 est.)
coffee, cocoa, cotton, rubber, bananas, oilseed, grains, cassava (manioc); livestock; timber
petroleum production and refining, aluminum production, food processing, light consumer goods, textiles, lumber, ship repair
4.3% (2012 est.)
country comparison to the world: 67
[see also: Industrial production growth rate country ranks ]
8.246 million (2012 est.)
country comparison to the world: 58
[see also: Labor force country ranks ]
agriculture: 70%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
13%
services:
17% (2001 est.)
30% (2001 est.)
country comparison to the world: 179
[see also: Unemployment rate country ranks ]
48% (2000 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 2.3%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
35.4% (2001)
44.6 (2001)
country comparison to the world: 43
[see also: Distribution of family income - Gini index country ranks ]
revenues: $4.819 billion
[see also: Budget revenues country ranks ]
expenditures:
$5.726 billion (2012 est.)
19.3% of GDP (2012 est.)
country comparison to the world: 172
[see also: Taxes and other revenues country ranks ]
-3.6% of GDP (2012 est.)
country comparison to the world: 136
[see also: Budget surplus (+) or deficit (-) country ranks ]
16.1% of GDP (2012 est.)
country comparison to the world: 138
[see also: Public debt country ranks ]
1 July - 30 June
2.9% (2012 est.)
country comparison to the world: 91
[see also: Inflation rate (consumer prices) country ranks ]
4.25% (31 December 2009 est.)
[see also: Central bank discount rate country ranks ]
14% (31 December 2012 est.)
country comparison to the world: 57
[see also: Commercial bank prime lending rate country ranks ]
$3.482 billion (31 December 2012 est.)
country comparison to the world: 114
[see also: Stock of narrow money country ranks ]
$6.279 billion (31 December 2012 est.)
country comparison to the world: 121
[see also: Stock of broad money country ranks ]
$2.772 billion (31 December 2012 est.)
country comparison to the world: 127
[see also: Stock of domestic credit country ranks ]
$230 million (31 December 2012 est.)
[see also: Market value of publicly traded shares country ranks ]
$-956.2 million (2012 est.)
country comparison to the world: 116
[see also: Current account balance country ranks ]
$6.015 billion (2012 est.)
country comparison to the world: 106
[see also: Exports country ranks ]
crude oil and petroleum products, lumber, cocoa beans, aluminum, coffee, cotton
China 15.2%, Netherlands 9.7%, Spain 9.1%, India 8.6%, Portugal 8.1%, Italy 6%, US 5.5%, France 4% (2012)
$6.321 billion (2012 est.)
country comparison to the world: 118
[see also: Imports country ranks ]
machinery, electrical equipment, transport equipment, fuel, food
China 18.7%, France 14.9%, Nigeria 12.3%, Belgium 5.2%, US 4.4%, India 4.2% (2012)
$3.431 billion (31 December 2012 est.)
country comparison to the world: 104
[see also: Reserves of foreign exchange and gold country ranks ]
$3.207 billion (31 December 2012 est.)
country comparison to the world: 132
[see also: Debt - external country ranks ]
Cooperation Financiere en Afrique Centrale francs (XAF) per dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 06-Nov-14