Editing Economy of Cameroon

{{Short description|none}}
{{Use dmy dates|date=April 2021}}
{{CIA}}
{{Infobox economy
|country     = Cameroon
|image_size  = 310px
|image      = Ars&Urbis International Workshop - Emiliano Gandolfi 82.JPG
|caption     = [[Douala]], the economic capital of Cameroon
|currency    = [[CFA franc]] ([[ISO 4217|XAF]]) 
|fixed exchange = 
|year      = Calendar year
|organs     = [[African Union|AU]], [[African Continental Free Trade Agreement|AfCFTA]] (signed), [[Economic Community of Central African States|ECCAS]], [[World Trade Organization|WTO]]
|group      = {{plainlist|
*[[Developing country|Developing/Emerging]]<ref>{{cite web |url=https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weoselco.aspx?g=2200&sg=All+countries+%2f+Emerging+market+and+developing+economies |title=World Economic Outlook Database, April 2019 |publisher=[[International Monetary Fund]] |website=IMF.org |access-date=29 September 2019}}</ref>
*Lower-middle income economy<ref>{{cite web |url=https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups |title=World Bank Country and Lending Groups |publisher=[[World Bank]] |website=datahelpdesk.worldbank.org |access-date=29 September 2019}}</ref>}}
|population = {{increase}} 25,216,237 (2018)<ref>{{cite web |url=https://data.worldbank.org/indicator/SP.POP.TOTL?locations=CM&name_desc=true |title=Population, total |publisher=[[World Bank]] |website=data.worldbank.org |access-date=23 August 2019}}</ref>
|gdp       = {{plainlist|
*{{decrease}} $38.632 billion (nominal, 2019 est.)<ref name="IMFWEOCM"/>
*{{increase}} $100.884 billion ([[Purchasing power parity|PPP]], 2019 est.)<ref name="IMFWEOCM">{{cite web |url=https://www.imf.org/external/pubs/ft/weo/2019/02/weodata/weorept.aspx?pr.x=39&pr.y=13&sy=2017&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=622&s=NGDPD%2CPPPGDP%2CNGDPDPC%2CPPPPC%2CPCPIPCH&grp=0&a= |title=World Economic Outlook Database, October 2019 |publisher=[[International Monetary Fund]] |website=IMF.org |access-date=6 December 2019}}</ref>}}
|gdp rank     = {{plainlist|
*[[List of countries by GDP (nominal)|93rd (nominal, 2019)]]
*[[List of countries by GDP (PPP)|84th (PPP, 2019)]]}}
|growth  = {{plainlist|
*3.5%&nbsp;(2017) 4.1%&nbsp;(2018)
*4.0%&nbsp;(2019e) 4.2%&nbsp;(2020f)<ref name=" World Bank">{{cite web |url=https://openknowledge.worldbank.org/bitstream/handle/10986/33044/9781464814693.pdf |archive-url=https://ghostarchive.org/archive/20221009/https://openknowledge.worldbank.org/bitstream/handle/10986/33044/9781464814693.pdf |archive-date=2022-10-09 |url-status=live |title=Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges |page=147 |publisher=[[World Bank]] |website=openknowledge.worldbank.org |access-date=19 January 2020}}</ref>}}
|per capita   = {{plainlist|
*{{decrease}} $1,515 (nominal, 2019 est.)<ref name="IMFWEOCM"/>
*{{increase}} $3,955 (PPP, 2019 est.)<ref name="IMFWEOCM"/>}}
|per capita rank = {{plainlist|
*[[List of countries by GDP (nominal) per capita|148th (nominal, 2019)]]
*[[List of countries by GDP (PPP) per capita|146th (PPP, 2019)]]}}
|components   =
|sectors     = {{plainlist|
*[[Primary sector of the economy|agriculture]]: 16.7%
*[[Secondary sector of the economy|industry]]: 26.5%
*[[Tertiary sector of the economy|services]]: 56.8% 
*(2017 est.)<ref name="CIAWFCM">{{Cite CIA World Factbook|country=Cameroon|access-date=8 February 2019}}</ref>}}
|inflation    = 2.2% (2020 est.)<ref name="IMFWEOCM"/>
|poverty     = {{plainlist|
*37.5% (2014, [[World Bank]])<ref>{{cite web |url=https://data.worldbank.org/indicator/SI.POV.NAHC?locations=CM |title=Poverty headcount ratio at national poverty lines (% of population)|publisher=[[World Bank]] |website=data.worldbank.org |access-date=11 February 2019}}</ref>
*44.7% on less than $3.20/day (2014)<ref>{{cite web |title=Poverty headcount ratio at $3.20 a day (2011 PPP) (% of population) - Cameroon |url=https://data.worldbank.org/indicator/SI.POV.LMIC?locations=CM |website=data.worldbank.org |publisher=World Bank |access-date=16 March 2020}}</ref>}}
|gini      = 46.6 {{color|red|high}} (2014, [[World Bank]])<ref>{{cite web |url=https://data.worldbank.org/indicator/SI.POV.GINI?locations=CM |title=GINI index (World Bank estimate) |publisher=[[World Bank]] |website=data.worldbank.org |access-date=11 February 2019}}</ref>
|hdi       = {{plainlist|
*{{increase}} 0.563 {{color|darkorange|medium}} (2018)<ref>{{cite web |url=http://hdr.undp.org/en/indicators/137506 |title=Human Development Index (HDI) |publisher=[[Human Development Report|HDRO (Human Development Report Office)]] [[United Nations Development Programme]] |website=hdr.undp.org |access-date=11 December 2019}}</ref> ([[List of countries by Human Development Index|150th]])
*0.371 {{color|red|low}} [[List of countries by inequality-adjusted HDI|IHDI]] (2018)<ref>{{cite web |url=http://hdr.undp.org/en/content/table-3-inequality-adjusted-human-development-index-ihdi |title=Inequality-adjusted Human Development Index (IHDI) |publisher=[[Human Development Report|HDRO (Human Development Report Office)]] [[United Nations Development Programme]] |website=hdr.undp.org |access-date=11 December 2019}}</ref>}}
|labor      = {{plainlist|
*{{increase}} 11,354,044 (2019)<ref>{{cite web |url=https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=CM&name_desc=true |title=Labor force, total |publisher=[[World Bank]] |website=data.worldbank.org |access-date=23 August 2019}}</ref>
*69.6% employment rate (2014)<ref>{{cite web |url=https://data.worldbank.org/indicator/SL.EMP.TOTL.SP.NE.ZS?locations=CM&name_desc=true |title=Employment to population ratio, 15+, total (%) (national estimate) - Cameroon |publisher=[[World Bank]] |website=data.worldbank.org |access-date=24 November 2019}}</ref>}}
|occupations   = {{plainlist|
*[[Primary sector of the economy|agriculture]]: 70%
*[[Secondary sector of the economy|industry]]: 13%
*[[Tertiary sector of the economy|commerce]]: 17% 
*(2001 est.)<ref name="CIAWFCM"/>}}
|unemployment  = 4.3% (2014 est.)<ref name="CIAWFCM"/>
|industries   = [[petroleum]] production and [[refining]], [[aluminium]] production, [[food processing]], light consumer goods, [[textiles]], [[lumber]], [[ship]] repair
|edbr      = {{decrease}} [[Ease of doing business index#Ranking|167th (below average, 2020)]]<ref>{{cite web |url=http://www.doingbusiness.org/data/exploreeconomies/cameroon |title=Ease of Doing Business in Cameroon |publisher=Doingbusiness.org |access-date=2017-01-24 }}</ref>
|exports     = {{increase}} $4.732 billion (2017 est.)<ref name="CIAWFCM"/>
|export-goods  = [[crude oil]] and [[petroleum product]]s, [[lumber]], [[Cocoa bean|cocoa]] beans, [[aluminium]], [[coffee]], [[cotton]]
|export-partners = {{plainlist|
*{{flag|Netherlands}} 15.6%
*{{flag|France}} 12.6%
*{{flag|China}} 11.7%
*{{flag|Belgium}} 6.8%
*{{flag|Italy}} 6.3%
*{{flag|Algeria}} 4.8%
*{{flag|Malaysia}} 4.4% 
*(2017)<ref name="CIAWFCM"/>}}
|imports     = {{decrease}} $4.812 billion (2017 est.)<ref name="CIAWFCM"/>
|import-goods  = [[machinery]], [[electrical]] equipment, [[transport]] equipment, [[fuel]], [[food]]
|import-partners = {{plainlist|
*{{flag|China}} 19%
*{{flag|France}} 10.3%
*{{flag|Thailand}} 7.9%
*{{flag|Nigeria}} 4.1% 
*(2017)<ref name="CIAWFCM"/>}}
|current account = {{increase}} −$932 million (2017 est.)<ref name="CIAWFCM"/>
|FDI       = 
|gross external debt = {{increaseNegative}} $9.375 billion (31 December 2017 est.)<ref name="CIAWFCM"/>
|debt      = {{increaseNegative}} 36.9% of GDP (2017 est.)<ref name="CIAWFCM"/>
|revenue     = 5.363 billion (2017 est.)<ref name="CIAWFCM"/>
|balance     = −3.4% (of GDP) (2017 est.)<ref name="CIAWFCM"/>
|expenses    = 6.556 billion (2017 est.)<ref name="CIAWFCM"/>
|aid         = The Paris Club agreed to reduce Cameroon's debt of $1.3 billion by $900 million, debt relief now totals $1.26 billion ({{As of|2001|alt=2001}})
|credit      = {{plainlist|
*[[Standard & Poor's]]:<ref>{{cite web |title= Sovereigns rating list |publisher=Standard & Poor's |url=http://www.standardandpoors.com/ratings/sovereigns/ratings-list/en/eu/?subSectorCode=39 |access-date=26 May 2011}}</ref>
*B (Domestic)
*B (Foreign)
*BBB- (T&C Assessment)}}
|reserves    = {{increase}} $3.235 billion (31 December 2017 est.)<ref name="CIAWFCM"/>
|cianame     = cameroon
|spelling    =
}}
[[File:ChrisTonaldo on his harvested coacoa.jpg|thumb|Cocoa Farm]]
The '''economy of Cameroon''' was one of the most prosperous in [[Africa]] for a quarter of a century after independence. The drop in commodity prices for its principal [[export]]s – [[petroleum]], [[Cocoa bean|cocoa]], [[coffee]], and [[cotton]] – in the mid-1980s, combined with an overvalued [[currency]] and economic mismanagement, led to a decade-long [[recession]]. Real per capita [[Gross domestic product|GDP]] fell by more than 60% from 1986 to 1994. The current account and fiscal [[Government budget deficit|deficit]]s widened, and [[foreign debt]] grew. Yet because of its [[oil reserves]] and favorable agricultural conditions, [[Cameroon]] still has one of the best-endowed primary commodity economies in [[sub-Saharan Africa]].<ref name=Tambi2015>{{cite journal |last1=Tambi |first1=Mbu Daniel |title=Economic Growth, Crisis, and Recovery in Cameroon: A Literature Review |journal=Journal of Industrial Distribution & Business |date=30 March 2015 |volume=6 |issue=1 |pages=5–15 |doi=((10.13106/ijidb.2015.vol6.no1.5.)) |doi-access= }}</ref>

== Agriculture ==
{{update section|date=August 2024}}
In 2018, Cameroon produced:

* 5{{nbsp}}million tons of [[cassava]] (13th largest producer in the world);
* 3.9{{nbsp}}million tonnes of [[Cooking banana|plantain]] (3rd largest producer in the world, only behind Congo and Ghana);
* 2.6{{nbsp}}million tons of [[palm oil]] (7th largest producer in the world);
* 2.3{{nbsp}}million tons of [[maize]];
* 1.9{{nbsp}}million tons of [[taro]] (3rd largest producer in the world, second only to Nigeria and China);
* 1.4{{nbsp}}million tons of [[sorghum]];
* 1.2{{nbsp}}million tons of [[banana]];
* 1.2{{nbsp}}million tons of [[sugarcane]];
* 1{{nbsp}}million tons of [[tomato]] (19th largest producer in the world);
* 674,000 tonnes of [[Yam (vegetable)|yam]] (7th largest producer in the world);
* 594,000 tons of [[peanut]];
* 410,000 tons of [[sweet potato]];
* 402,000 tons of [[bean]]s;
* 332,000 tons of [[rice]];
* 310,000 tons of [[pineapple]];
* 307,000 tons of [[Cocoa bean|cocoa]] (5th largest producer in the world, after Ivory Coast, Ghana, Indonesia and Nigeria);
* 302,000 tons of [[potato]];
* 301,000 tons of [[onion]];
* 249,000 tons of [[cotton]].

In addition to smaller productions of other agricultural products, such as [[coffee]] (33,000 tons) and [[natural rubber]] (55,000 tons).<ref>[http://www.fao.org/faostat/en/#data/QC/ Cameroon production in 2018, by FAO]</ref>

==Finance and banking==

Cameroon's financial system is the largest in the [[CEMAC]] region. Access to financial services is limited, particularly for SMEs. Aside from a traditional tendency for banks to prefer dealing with large, established companies, determining factors are also found in interest rates for loans to SMEs being capped at 15 percent and being heavily taxed. As of 2006, bank loans to SMEs hardly reached 15 percent of total outstanding loans (Molua, 2002).<ref name=Tambi2015/>

Less than 5 percent of Cameroonians have access to a bank account. While the microfinance sector is consequently becoming increasingly important, its development is hampered by a loose regulatory and supervisory framework for [[microfinance]] institutions (MFIs). The banking sector is highly concentrated and dominated by foreign commercial banks. 6 out of the 11 largest commercial banks are foreign-owned, and the three largest banks hold more than 50 percent of total financial system assets. While foreign banks generally display good solvency ratios, small domestic banks are in a much weaker position. Their capitalization is well below the average of banks in the CEMAC region and their profits are close to 2 percent, compared to 20 percent for foreign banks in the country. This is partially explained by the high levels of non-performing loans, which reached 12 percent in 2007, leading to most banks holding large amounts of excess reserves as a percentage of deposits and large levels of unutilized liquidity.<ref>{{cite web|url=http://www.mfw4a.org/cameroon/cameroon-financial-sector-profile.html|title=Cameroon Financial Sector Profile: MFW4A - Making Finance Work for Africa|website=www.mfw4a.org|access-date=1 December 2010|archive-url=https://web.archive.org/web/20110513110637/http://www.mfw4a.org/cameroon/cameroon-financial-sector-profile.html|archive-date=13 May 2011|url-status=dead}}</ref>

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.<ref>IMF.org</ref>

==Macro-economic trend==
<!--[[File:YaoundePanoramicView.jpeg|center|upright=2.0|thumb|Yaounde, the second economic center of the country]]-->

Cameroon became an oil-producing country in 1977. 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 York City|New York]] accounts). Several billion dollars are thus diverted to the benefit of oil companies and regime officials. The influence of France and its 9,000 nationals in Cameroon remains considerable. African Affairs magazine noted in the early 1980s that they "continue to dominate almost all key sectors of the economy, much as they did before independence. French nationals control 55% of the modern sector of the Cameroonian economy and their control over the banking system is total.<ref>Thomas Deltombe, Manuel Domergue, Jacob Tatsita, Kamerun !, La Découverte, 2019</ref>

Recent signs, however, are encouraging. As of March 1998, Cameroon's fifth IMF program – a 3-year enhanced structural adjustment program approved in August 1997 – is on track. Cameroon has rescheduled its [[Paris Club]] debt at favorable terms. GDP has grown by about 5% a year beginning in 1995. There is cautious optimism that Cameroon is emerging from its long period of economic hardship.

[[File:2006Cameroonian exports.PNG|thumb|left|upright=1.25|Cameroonian exports in 2006]]
The [[Enhanced Structural Adjustment Facility]] (ESAF) signed recently by the IMF and Government of Cameroon calls for greater macroeconomic planning and financial accountability; [[privatization]] of most of Cameroon's nearly 100 remaining non-financial parastatal enterprises; elimination of state marketing board [[monopoly|monopolies]] on the export of cocoa, certain coffees, and cotton; privatization and price competition in the [[banking]] sector; implementation of the 1992 [[labor code]]; a vastly improved judicial system; and political liberalization to boost investment.

[[France]] is Cameroon's main trading partner and source of private investment and [[foreign aid]]. Cameroon has an investment guaranty agreement and a bilateral accord with the [[United States]]. USA investment in Cameroon is about $1 million, most of it in the oil sector. Inflation has been brought back under control. Cameroon aims at becoming emerging by 2035.

The government embarked upon a series of economic reform programs supported by the [[World Bank]] and [[International Monetary Fund]] (IMF) beginning in the late 1980s. Many of these measures have been painful; the government slashed [[civil service]] salaries by 65% in 1993. The [[CFA franc]] – the common currency of Cameroon and 13 other African states – was devalued by 50% in January 1994. The government failed to meet the conditions of the first four IMF programs.

This is a chart of trend of gross domestic product of Cameroon at market prices [http://www.imf.org/external/pubs/ft/weo/2006/01/data/dbcselm.cfm?G=2001 estimated] by the International Monetary Fund with figures in millions of Central African CFA Francs.
[[File:Pineapple 'Victoria' with slice.jpg|thumb|Pineapple 'Victoria', grown in Cameroon]]
{| class="wikitable"
|-
! Year || Gross Domestic Product || US Dollar Exchange
|-
| 1980 || 1,600,186 || 209.20 Francs
|-
| 1985 || 4,355,977 || 471.12 Francs
|-
| 1990 || 3,804,428 || 300.65 Francs
|-
| 1995 || 4,686,286 || 518.62 Francs
|-
| 2000 || 6,612,385 || 658.21 Francs
|-
| 2005 || 8,959,279 || 527.29 Francs
|}

The following table shows the main economic indicators in 1980–2022. Inflation below 5% is in green.<ref>{{cite web|title=Report for Selected Countries and Subjects|url=http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/weorept.aspx?sy=1980&ey=2023&scsm=1&ssd=1&sort=country&ds=.&br=1&c=622&s=NGDP_RPCH,PPPGDP,PPPPC,PCPIPCH,GGXWDG_NGDP&grp=0&a=&pr.x=35&pr.y=12|access-date=2018-08-29|language=en-US}}</ref>
{| class="wikitable" style="text-align:center;"
!Year
!GDP
<small>(in Bil. US$PPP)</small>
!GDP per capita
<small>(in US$ PPP)</small>
!GDP
<small>(in Bil. US$nominal)</small>
!GDP growth
<small>(real)</small>
!Inflation rate
<small>(in Percent)</small>
!Government debt
<small>(in % of GDP)</small>
|-
|1980
|11.1
|1,263
|8.85
|{{Increase}}9.9%
|{{IncreaseNegative}}7.7%
|n/a
|-
|1981
|{{Increase}}14.3
|{{Increase}}1,572
|{{Increase}}10.03
|{{Increase}}17.1%
|{{IncreaseNegative}}7.5%
|n/a
|-
|1982
|{{Increase}}16.3
|{{Increase}}1,747
|{{Decrease}}9.62
|{{Increase}}7.6%
|{{IncreaseNegative}}15.3%
|n/a
|-
|1983
|{{Increase}}18.1
|{{Increase}}1,887
|{{Increase}}9.69
|{{Increase}}6.8%
|{{IncreaseNegative}}20.5%
|n/a
|-
|1984
|{{Increase}}20.1
|{{Increase}}2,047
|{{Increase}}10.24
|{{Increase}}7.5%
|{{IncreaseNegative}}12.1%
|n/a
|-
|1985
|{{Increase}}22.4
|{{Increase}}2,223
|{{Increase}}10.70
|{{Increase}}8.1%
|{{Increase}}4.2%
|n/a
|-
|1986
|{{Increase}}24.4
|{{Increase}}2,357
|{{Increase}}13.95
|{{Increase}}6.8%
|{{Increase}}4.3%
|n/a
|-
|1987
|{{Increase}}24.5
|{{Decrease}}2,298
|{{Increase}}16.15
| {{Decrease}}-2.2%
|{{Increase}}2.8%
|n/a
|-
|1988
|{{Decrease}}23.4
|{{Decrease}}2,129
|{{Increase}}16.40
| {{Decrease}}-7.9%
|{{Increase}}1.7%
|n/a
|-
|1989
|{{Decrease}}23.9
|{{Decrease}}2,110
|{{Decrease}}14.63
| {{Decrease}}-1.8%
|{{Increase}}1.6%
|n/a
|-
|1990
|{{Decrease}}23.2
|{{Decrease}}1,992
|{{Increase}}14.64
| {{Decrease}}-6.2%
|{{Increase}}1.5%
|n/a
|-
|1991
|{{Decrease}}23.1
|{{Decrease}}1,922
|{{Increase}}16.33
| {{Decrease}}-3.8%
| {{DecreasePositive}}-0.6%
|n/a
|-
|1992
|{{Decrease}}22.9
|{{Decrease}}1,850
|{{Decrease}}14.96
| {{Decrease}}-3.1%
|{{Increase}}1.9%
|n/a
|-
|1993
|{{Decrease}}22.7
|{{Decrease}}1,780
|{{Increase}}15.61
| {{Decrease}}-3.2%
| {{DecreasePositive}}-3.7%
|n/a
|-
|1994
|{{Decrease}}22.6
|{{Decrease}}1,722
|{{Decrease}}10.62
| {{Decrease}}-2.5%
|{{IncreaseNegative}}12.7%
|n/a
|-
|1995
|{{Increase}}23.9
|{{Increase}}1,766
|{{Decrease}}10.08
|{{Increase}}3.3%
|{{IncreaseNegative}}25.8%
|n/a
|-
|1996
|{{Increase}}25.5
|{{Increase}}1,836
|{{Increase}}11.23
|{{Increase}}4.9%
|{{Increase}}3.9%
|n/a
|-
|1997
|{{Increase}}27.3
|{{Increase}}1,913
|{{Increase}}11.35
|{{Increase}}5.3%
|{{Increase}}4.8%
|n/a
|-
|1998
|{{Increase}}29.0
|{{Increase}}1,974
|{{Decrease}}11.34
|{{Increase}}4.9%
|{{Increase}}3.2%
|68%
|-
|1999
|{{Increase}}30.6
|{{Increase}}2,026
|{{Increase}}11.55
|{{Increase}}4.1%
|{{Increase}}1.8%
|{{Steady}}68%
|-
|2000
|{{Increase}}32.3
|{{Increase}}2,084
|{{Decrease}}10.25
|{{Increase}}3.4%
|{{Increase}}1.2%
|{{IncreaseNegative}}76%
|-
|2001
|{{Increase}}34.2
|{{Increase}}2,145
|{{Increase}}10.95
|{{Increase}}3.4%
|{{Increase}}4.5%
|{{DecreasePositive}}62%
|-
|2002
|{{Increase}}36.4
|{{Increase}}2,224
|{{Increase}}12.37
|{{Increase}}4.8%
|{{Increase}}2.8%
|{{DecreasePositive}}57%
|-
|2003
|{{Increase}}38.9
|{{Increase}}2,318
|{{Increase}}15.94
|{{Increase}}5.0%
|{{Increase}}0.6%
|{{DecreasePositive}}52%
|-
|2004
|{{Increase}}42.6
|{{Increase}}2,469
|{{Increase}}18.80
|{{Increase}}6.6%
|{{Increase}}0.3%
|{{Steady}}52%
|-
|2005
|{{Increase}}44.5
|{{Increase}}2,509
|{{Increase}}19.53
|{{Increase}}1.2%
|{{Increase}}2.0%
|{{DecreasePositive}}44%
|-
|2006
|{{Increase}}47.5
|{{Increase}}2,605
|{{Increase}}20.91
|{{Increase}}3.5%
|{{Increase}}4.9%
|{{DecreasePositive}}18%
|-
|2007
|{{Increase}}50.8
|{{Increase}}2,710
|{{Increase}}23.93
|{{Increase}}4.1%
|{{Increase}}1.1%
|{{DecreasePositive}}14%
|-
|2008
|{{Increase}}53.2
|{{Increase}}2,764
|{{Increase}}27.71
|{{Increase}}2.9%
|{{IncreaseNegative}}5.3%
|{{DecreasePositive}}11%
|-
|2009
|{{Increase}}55.0
|{{Increase}}2,777
|{{Increase}}27.90
|{{Increase}}2.6%
|{{Increase}}3.0%
|{{Steady}}11%
|-
|2010
|{{Increase}}57.2
|{{Increase}}2,814
|{{Decrease}}27.53
|{{Increase}}2.9%
|{{Increase}}1.3%
|{{IncreaseNegative}}14%
|-
|2011
|{{Increase}}60.5
|{{Increase}}2,892
|{{Increase}}30.63
|{{Increase}}3.5%
|{{Increase}}3.0%
|{{IncreaseNegative}}15%
|-
|2012
|{{Increase}}63.6
|{{Increase}}2,959
|{{Decrease}}30.17
|{{Increase}}4.5%
|{{Increase}}2.4%
|{{IncreaseNegative}}15%
|-
|2013
|{{Increase}}69.1
|{{Increase}}3,130
|{{Increase}}33.73
|{{Increase}}5.0%
|{{Increase}}2.1%
|{{IncreaseNegative}}17%
|-
|2014
|{{Increase}}75.1
|{{Increase}}3,313
|{{Increase}}36.40
|{{Increase}}5.8%
|{{Increase}}1.9%
|{{IncreaseNegative}}21%
|-
|2015
|{{Increase}}79.1
|{{Increase}}3,396
|{{Decrease}}32.21
|{{Increase}}5.6%
|{{Increase}}2.7%
|{{IncreaseNegative}}32%
|-
|2016
|{{Increase}}84.4
|{{Increase}}3,527
|{{Increase}}33.81
|{{Increase}}4.5%
|{{Increase}}0.9%
|{{Steady}}32%
|-
|2017
|{{Increase}}90.0
|{{Increase}}3,665
|{{Increase}}36.09
|{{Increase}}3.5%
|{{Increase}}0.6%
|{{IncreaseNegative}}37%
|-
|2018
|{{Increase}}95.9
|{{Increase}}3,803
|{{Increase}}39.99
|{{Increase}}4.0%
|{{Increase}}1.1%
|{{IncreaseNegative}}38%
|-
|2019
|{{Increase}}101.0
|{{Increase}}3,901
|{{Increase}}39.67
|{{Increase}}3.4%
|{{Increase}}2.5%
|{{IncreaseNegative}}42%
|-
|2020
|{{Increase}}102.7
|{{Decrease}}3,870
|{{Increase}}40.86
|{{Increase}}0.5%
|{{Increase}}2.5%
|{{IncreaseNegative}}45%
|-
|2021
|{{Increase}}110.9
|{{Increase}}4,073
|{{Increase}}45.39
|{{Increase}}3.6%
|{{Increase}}2.3%
|{{IncreaseNegative}}46%
|-
|2022
|{{Increase}}123.3
|{{Increase}}4,419
|{{Decrease}}44.32
|{{Increase}}3.8%
|{{Increase}}4.6%
|{{IncreaseNegative}}47%
|}
==Mining==
{{Main|Mining industry of Cameroon}}

==Gallery==
<gallery>
File:Douala.JPG|[[Douala]]
File:Limbe1.png|A touristic area in [[Limbe, Cameroon|Limbe]]
File:YaoundeSportPalace.png|[[Yaoundé]] Sport palace
File:Fulani herd in the dust.jpg|A [[Fula people|Fulani]] herder drives his cattle in northern Cameroon.
File:Asky plane 7810.jpg|Douala International Airport
File:Touristic Buses.jpg|Intercity buses in transit during the night (Touristique Express)
File:WL-Cameroun-Train Yaoundé-Ngaoundéré.jpg|Interurban passenger train on the move in Cameroon (Douala-Yaounde-Ngaoundere)
File:Nouveau pont sur le Wouri 04.jpg|Douala Seaport
File:Transport de boissons 01.jpg|A truck transporting beers to various localities in Cameroon
</gallery>

==See also==
* [[Cameroon]]
* [[Transport in Cameroon]]
* [[United Nations Economic Commission for Africa]]

==References==

{{Reflist}}

==External links==
{{commons category}}
*[http://www.trademap.org/open_access/Index.aspx?proceed=true&reporter=120 Cameroon latest trade data on ITC Trade Map]
*[http://wits.worldbank.org/CountryProfile/Country/CMR/Year/2012/Summary World Bank Summary Trade Statistics Cameroon]
{{World Trade Organization}}
{{Africa in topic|Economy of}}
{{Cameroon topics}}

{{DEFAULTSORT:Economy of Cameroon}}
[[Category:Economy of Cameroon| ]]
[[Category:Economies of developing countries]]
[[Category:World Trade Organization member economies|Cameroon]]
[[Category:African Union member economies|Cameroon]]