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ECON FACTBOOK

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Economy of Cameroon

Population: 22 million in 20131

GDP: $29 billion in 20132

GDP per capita: $1,329 nominal3 ($2,711 PPP4) in 2013

GDP growth rate: 5.6% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Agriculture, hunting, forestry, fishing5,78123.4%
Wholesale, retail trade, restaurants and hotels4,97820.2%
Other activities4,92220.0%
Manufacturing3,60914.6%
Mining and utilities2,2919.3%
Transport, storage and communication1,7357.0%
Construction1,3545.5%
Total value added24,670100%

Employment

Unemployment rate: 4.0% in 20137

Employment by Industry 20018

Employment sectorPercent of total
Agriculture70%
Services17%
Industry13%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $30 billion (103% of GDP) in 201410

Household Wealth per Adult: $2,876 in 201410

Gini Coefficient: .389 in 201311

Government

Central Government

Central Government Revenue: $5.1 billion (17% of GDP) in 201312

Central Government Expenditure: $6.2 billion (21% of GDP) in 201312

Central Government Budget Balance: -$1.1 billion (-4% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 2013* 13

Corporate Tax Rate: 38.5% in 201414

* Individual thresholds calculated using the exchange rate 579 XAF = 1 USD

Monetary Policy

Money Supply (M0, Central African Currency Union): N/A

Benchmark Interest Rate (Central African Currency Union): 2.95% in Feb 201515

Total Reserves: $3.4 billion (12% of GDP) in 201216

Exchange Rate: 579 Central African Francs = 1 U.S. Dollar on Feb 9, 201517

Inflation: 1.9% in 201318

Financial Institutions

Top 10 Financial Institutions by Assets 201319

N/A (data not available at Relbanks.com)

International Accounts

Exports: $6.0 billion (21% of GDP) in 201320

Imports: $6.8 billion (24% of GDP) in 201320

Trade Balance: -$0.8 billion (-3% of GDP) in 201320

Foreign Direct Investment Inflow: $571 million (2% of GDP) in 201321

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $591 million (2% of GDP) in 201222

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: KPMG (Individual tax rates) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: Banque des Etats de l'Afrique Centrale, Taux d'intérêt des appels d'offres (Benchmark interest rate) Go back
16. Source: World Bank Indicators (Total reserves) Go back
17. Source: xe.com (Exchange rate) Go back
18. Source: World Bank Indicators (Inflation rate) Go back
19. Source: Relbanks.com (Financial institutions by assets) Go back
20. Source: CIA World Factbook (Trade data) Go back
21. Source: World Bank Indicators (FDI data) Go back
22. Source: World Bank Indicators (Aid data) Go back