The Gross Domestic Product (GDP) in Cameroon was worth 38.76 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The information collected for the GDP of Cameroon has been obtained from the Central Intelligence Agency. The Trading Economics Application Programming Interface (API) provides direct access to our data. The GDP value of Cameroon represents 0.03 percent of the world economy. Interurban passenger train on the move in Cameroon (Douala-Yaounde-Ngaoundere) Cameroon has rescheduled its The government embarked upon a series of economic reform programs supported by the This is a chart of trend of gross domestic product of Cameroon at market prices The following table shows the main economic indicators in 1980–2017.Intercity buses in transit during the night (Touristique Express)
Cameroon became an oil-producing country in 1977. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Less than 5 percent of Cameroonians have access to a bank account. Cameroon GDP [PPP] On the other hand, as per 2019 estimates by International Monetary Fund, the GDP (PPP) of Cameroon is USD 100,884 Million. Thomas Deltombe, Manuel Domergue, Jacob Tatsita, Kamerun !, La Découverte, 2019 This is 0.07% of World. Specifically, Cameroon’s real GDP will have to grow by roughly 8% (or 5.7% per capita) between 2015 to 2035, which in turn will require the investment share of GDP to increase from about 20% in 2015 to 30% in 2035, and productivity growth to reach 2% over the same period from its average zero growth rate over the past decade.
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GDP Growth Rate in Cameroon averaged 1.04 percent from 2010 until 2018, reaching an all time high of 2.90 percent in the first quarter of 2013 and a record low of -1.60 percent in the fourth quarter of 2015. The influence of France and its 9,000 nationals in Cameroon remains considerable. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
In some instances, these figures are estimates. The Gross Domestic Product (GDP) in Cameroon expanded 2.70 percent in the first quarter of 2018 over the previous quarter. What is the GDP of Cameroon? As of March 1998, Cameroon's fifth IMF program — a 3-year enhanced structural adjustment program approved in August 1997 — is on track. It's ranking among other countries is 95. Answer: The GDP of Cameroon is $42,760,000,000. Claiming to want to make reserves for difficult times, the authorities manage "off-budget" oil revenues in total opacity (the funds are placed in Recent signs, however, are encouraging. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. GDP per capita PPP in Cameroon averaged 3018.34 USD from 1990 until 2019, reaching an all time high of 3652.70 USD in 2019 and a record low of 2514.80 USD in 1994. Cameroon became an oil-producing country in 1977. African Affairs magazine noted in the early 1980s that they "continue to dominate almost … The gross domestic product (GDP) measures of national income and output for a given country's economy. Several billion dollars are thus diverted to the benefit of oil companies and regime officials. A truck transporting beers to various localities in Cameroon Cameroon GDP Last Previous Highest Lowest Unit; GDP Annual Growth Rate 3.80: 3.60: 8.50: 0.00: percent: GDP 38.76: 38.69: 38.76: 0.62: USD Billion: GDP per capita 1522.70: 1502.20: 1831.00: 872.00: USD: GDP per capita PPP 3652.70: 3603.50: 3652.70: 2514.80: USD This page provides - Cameroon GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. GDP (purchasing power parity): $89.54 billion (2017 est.) Government spending has amounted to 19.8 percent of the country’s output (GDP) over the past three years, and budget deficits have averaged 4.6 percent of GDP.
The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. While the microfinance sector is consequently becoming increasingly important, its development is hampered by a loose regulatory and supervisory framework for In 2018, Cameroon's financial system is being requested by the International Monetary Fund (IMF) to increase its tax base to cover the losses from the North-West and South-West Cameroon's regions instabilities, the loss of oil revenue, the failure to deliver on port facilities, and the decline in oil production from mature oil fields. Cameroon on this basis has a … Claiming to want to make reserves for difficult times, the authorities manage "off-budget" oil revenues in total opacity (the funds are placed in Paris, Switzerland and New Yorkaccounts). Cameroon continues to seek foreign investment to improve its inadequate infrastructure, create jobs, and improve its economic footprint, but its unfavorable business environment remains a significant deterrent to foreign investment.