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Cameroon

Cameroon : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$6.108 billion (2011 est.)
$4.663 billion (2010 est.)

Exports

$5.549 billion (2011 est.)
$4.485 billion (2010 est.)

Inflation rate (consumer prices)

2.9% (2011 est.)
1.3% (2010 est.)

Unemployment rate

30% (2001 est.)

GDP - per capita (PPP)

$2,300 (2011 est.)
$2,300 (2010 est.)
$2,200 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

2.8% (2010 est.)
0.9% (2009 est.)
3.9% (2008 est.)

Internet users

749,600 (2009)

Telephones - mobile cellular

10.409 million (2009)

Population growth rate

2.082% (2012 est.)

Population

20,129,878 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Historical background

French Cameroon became independent in 1960 as the Republic of Cameroon.

The following year the southern portion of neighboring British Cameroon voted to merge with the new country to form the Federal Republic of Cameroon.

In 1972, a new constitution replaced the federation with a unitary state, the United Republic of Cameroon.

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Cameroon

Economic 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 facing other underdeveloped countries, such as stagnate per capita income, a relatively inequitable distribution of income, a top-heavy civil service, 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.

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ISA

Cameroon - ISA Country Report

Cameroon - ISA Country Report

  • $ 99
  • Country report
  • February 2017
  • by ISA

This report contains detailed forecasts and analysis for Cameroon, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Cameroon

Oxford Economics

Country Economic Forecasts > Cameroon

Country Economic Forecasts > Cameroon

  • $ 185
  • Country report
  • June 2016
  • by Oxford Economics

GDP is expected to rise by 5.3% in 2016 and 5.6% in 2017 after 5.8% growth in 2015. Over the period 2016-2020 the economy is expected to grow on average by 5.4%. This compares to average annual growth ...

  • Countries : Cameroon

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