Browse a full set of economic indicators


Includes historical data for Cameroon’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Strategic Location And Political Stability Produce Economic Benefits

A lower-middle-income country with a population of about 30 million, Cameroon is the largest economy in the Central African Economic and Monetary Community (CEMAC). Its competitive advantage is underpinned by the French-English bilingualism of its citizens, the relative stability of its political institutions, and a diversified economy. Furthermore, its strategic location on the Atlantic coast serves as a gateway to landlocked countries in the Central African region.

Cameroon’s current National Development Strategy (NDS30) aims to boost public-private partnerships and spur job growth. The country offers immense investment potential in infrastructure, agriculture, banking and digital technologies, alongside its status as a major producer of crude oil, natural gas, cobalt, iron ore, gold and diamonds.

However, Cameroon faces several challenges. The entrepreneurial environment is hampered by inefficient and opaque bureaucratic processes and inadequate infrastructure. High inequality and extreme poverty rates further complicate development efforts. Additionally, the primarily English-speaking northwest and southwest regions have become the battleground for clashes between government forces and guerrilla insurgents vying for independence.

Macroeconomy & Sovereign Data

Type of Government Presidential republic
Capital Yaounde
Sovereign Ratings S&P: B–
Moody’s: Caa1
Fitch: B
Total Population 29.3 million
Median Age 17.8
Adult Per Capita Income (PPP) 8,899.27
Total GDP (2023) 53.2 billion

Cameroon GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 9.6 billion (2023)
Leading Exports Crude Petroleum
Natural Gas
Cocoa Beans
Total Imports USD 8.0 billion (2022)
Leading Imports Crude Petroleum
Scrap Vessels
Special Purpose Ships
Packaged Medicines
Source: World Integrated Trade Solution

Cameroon Leading Companies

Afriland First Bank Financials
National Financial Credit Bank Financials
Société Nationale des Hydrocarbures Oil & Gas Exploration & Production
Eneo Cameroon Utilities
Camtel Telecommunication Services
Sabc Consumer Staples, Beverages
Camair Co Airlines

Major Trade Partners — Import

China 18%
France 8%
Nigeria 6%
Netherlands 5%
Thailand 4%

Source: World Integrated Trade Solution

Major Trade Partners — Export

China 25%
Italy 14%
Netherlands 10%
France 7%
Spain 6%

Source: World Integrated Trade Solution

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000