Cameroon recorded a Current Account deficit of 1.60 percent of the country's Gross Domestic Product in 2022. source: Bank of Central African States

Current Account to GDP in Cameroon averaged -3.43 percent of GDP from 1977 until 2022, reaching an all time high of 1.38 percent of GDP in 2007 and a record low of -7.26 percent of GDP in 1987. This page provides - Cameroon Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cameroon Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Cameroon Current Account to GDP



Related Last Previous Unit Reference
Current Account to GDP -1.60 -4.10 percent of GDP Dec 2022

Cameroon Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -4.10 1.38 -7.26 1977 - 2022 percent of GDP Yearly