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| CAMEROONIAN ECONOMY STATS: |
| Top Stats |
| | All Stats |
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Agriculture > products
coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root starches; livestock; timber |
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Aid as % of GDP
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4.3% |
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[53rd of 129]
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Debt > External
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$2,554,000,000.00 |
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[113rd of 136]
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Distribution of family income > Gini index
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44.6 |
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[7th of 43]
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Economic freedom
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1.65 |
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[109th of 156]
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Economy > 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 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. In June 2000, the government completed an IMF-sponsored, three-year structural adjustment program; however, the IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs. In January 2001, the Paris Club agreed to reduce Cameroon's debt of $1.3 billion by $900 million; debt relief now totals $1.26 billion. International oil and cocoa prices have a significant impact on the economy. |
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Exports
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$3,827,000,000.00 |
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[111st of 189]
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GDP
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$18,322,930,000.00 |
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[80th of 203]
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GDP > PPP
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$35,116,000,000.00 |
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[79th of 163]
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GDP > Real growth rate
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2.7% |
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[155th of 198]
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GINI index
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44.56
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[7th of 40]
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Gross National Income
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$8,740,080,000.00 |
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[82nd of 172]
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Human Development Index
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0.497 |
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[149th of 178]
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Income category
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Low income |
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Income distribution > Poorest 10%
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1.9% |
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[84th of 114]
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Income distribution > Richest 10%
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36.6% |
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[26th of 114]
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Population below poverty line
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48% |
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[6th of 46]
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Poverty > Share of all poor people
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0.45 % of world's poor |
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[23rd of 80]
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Public debt
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15.5 % of GDP |
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[102nd of 121]
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Tourist arrivals
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133,000 |
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[110th of 152]
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... View all Economy stats
SOURCES: CIA World Factbook, 28 July 2005; calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; World Development Indicators database and CIA World Factbook; World Bank. 2005. World Development Indicators 2005.; World Development Indicators database; ; Human Development Report 2006, United Nations Development Programme; ; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling; United Nations World Statistics Pocketbook and Statistical Yearbook
ALTERNATIVE NAMES:
Cameroon, Republic of Cameroon
Related links:
More facts and figures on Cameroon
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