This page has economic forecasts for Cameroon including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Cameroon economy.


Overview Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 2.70 0.7 0.8 1.1 0.8 1 percent
Unemployment Rate 4.20 4.3 4.3 4.3 4.3 4 percent
Inflation Rate 0.90 1.53 1.4 1.3 1.2 1.2 percent
Interest Rate 2.95 2.95 3 3 3 2.95 percent
Balance of Trade -1089.50 -596 -601 -596 -591 -460 CFA Franc Billion
Government Debt to GDP 35.70 25 28 28 28 30 percent
MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 611.00
606 612 618 625 650
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 2.70
percent
0.7 0.8 1.1 0.8 1
GDP Annual Growth Rate 3.90
percent
3.5 3.8 3.8 3.8 4.5
GDP 34.80
USD Billion
35 38 38 38 39
GDP per capita 1503.50
USD
1580 1612 1612 1612 1700
GDP per capita PPP 3364.93
USD
3400 3480 3480 3480 3500
GDP Constant Prices 4110.40
XAF Billion
4232 3996 4188 4214 4307
GDP From Agriculture 330.80
XAF Billion
249 247 247 247 247
GDP From Construction 256.70
XAF Billion
203 224 220 217 218
GDP From Public Administration 407.70
XAF Billion
473 416 467 492 463
GDP From Transport 236.50
XAF Billion
229 217 247 242 245
Gross Fixed Capital Formation 1122.90
XAF Billion
1057 1031 1043 1037 1039
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4.20
percent
4.3 4.3 4.3 4.3 4
Population 24.50
Million
25.73 26.04 26.35 26.66 29.34
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.90
percent
1.53 1.4 1.3 1.2 1.2
Food Inflation 1.00
percent
0.92 0.91 0.91 0.91 0.91
Cpi Housing Utilities 114.90
Index Points
115 115 115 115 115
Cpi Transportation 121.00
Index Points
121 121 121 121 121
Consumer Price Index CPI 111.80
Index Points
113 113 113 114 116
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 2.95
percent
2.95 3 3 3 2.95
Deposit Interest Rate 2.45
percent
2.45 2.5 2.5 2.5 2.45
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -1089.50
CFA Franc Billion
-596 -601 -596 -591 -460
Exports 1881.90
CFA Franc Billion
2272 2237 2202 2166 2134
Imports 2971.40
CFA Franc Billion
2878 2838 2797 2757 2594
Current Account -358.00
FCFA Billion
-331 -364 -397 -430 -534
Current Account to GDP -2.70
percent
-3.6 -3.3 -3.3 -3.3 -3
Gold Reserves 0.00
Tonnes
0 0 0 0 0
Terrorism Index 6.79
6.79 6.79 6.79 6.79 6.79
Crude Oil Production 69.00
BBL/D/1K
69.17 69.15 69.16 69.15 69.15
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 35.70
percent
25 28 28 28 30
Government Budget -3.60
percent of GDP
-3 -2.9 -2.9 -2.9 -3.6
Military Expenditure 399.73
USD Million
408 410 411 413 426
Government Spending 502.60
XAF Billion
477 511 493 488 491
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Industrial Production -1.20
percent
0.31 0.89 0.06 0.27 -0.29
Internet Speed 2292.39
KBps
2785 2861 2935 3009 3609
IP Addresses 25141.00
IP
21772 21582 21427 21303 20874
Ease of Doing Business 166.00
163 165 166 166 166
Corruption Index 25.00
Points
25 25 25 25 25
Corruption Rank 153.00
153 153 153 153 153
Changes In Inventories 58.20
XAF Billion
421 32 128 201 636
Competitiveness Index 45.10
Points
45.6 45.6 45.6 45.6 48.1
Competitiveness Rank 121.00
121 121 121 121 121
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Spending 2846.10
XAF Billion
2679 2678 2678 2678 2678
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 33.00
percent
33 33 33 33 33
Personal Income Tax Rate 35.00
percent
35 35 35 35 35
Sales Tax Rate 19.25
percent
19.25 19.25 19.25 19.25 19.25
Social Security Rate 20.40
percent
20.4 20.4 20.4 20.4 20.4
Social Security Rate For Companies 16.20
percent
16.2 16.2 16.2 16.2 16.2
Social Security Rate For Employees 4.20
percent
4.2 4.2 4.2 4.2 4.2
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 8.85
mm
108 46.79 130 131 137
Temperature 23.31
celsius
23.99 25.13 24.94 24.94 24.96



Cameroon - Economic Forecasts - 2018-2020 Outlook