The economy of Cameroon advanced 3.8 percent year-on-year in the fourth quarter of 2019, following a downwardly revised 3.6 percent growth in the previous period. The secondary sector expanded 5.1 percent, faster than 4.5 percent in Q3 of 2019, mainly boosted by mining (9.2 percent vs 4.9 percent) and construction (6.4 percent vs 6.1 percent). Meanwhile, growth slowed a bit in services (3.5 percent vs 3.6 percent) and in primary activities (2.4 percent vs 2.8 percent). Considering the full year of 2019, the GDP expanded 3.9 percent over a year ago.
GDP Annual Growth Rate in Cameroon averaged 4.36 percent from 2003 until 2019, reaching an all time high of 8.50 percent in the fourth quarter of 2013 and a record low of 0 percent in the fourth quarter of 2015. This page provides the latest reported value for - Cameroon GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cameroon GDP Annual Growth Rate - values, historical data and charts - was last updated on August of 2020.
GDP Annual Growth Rate in Cameroon is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Cameroon to stand at 3.50 in 12 months time. In the long-term, the Cameroon GDP Annual Growth Rate is projected to trend around 3.30 percent in 2021 and 4.30 percent in 2022, according to our econometric models.