Current account balance (credit less debit), Net (credits less) in Cameroon
Cameroon: Current account balance (credit less debit), Net (credits less) was -2.02 billion in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Cameroon, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, current account balance (credit less debit), net (credits less debits) in Cameroon stood at -2.02 billion. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 34.1% on the previous year and down 79.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Cameroon peaked at 286.07 million in 2007 and was at its lowest, -2.02 billion, in 2023.
Cameroon ranks 152nd of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Cameroon, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -495.56 million | — |
| 2006 | 193.52 million | -139.1% |
| 2007 | 286.07 million | +47.8% |
| 2008 | -451.56 million | -257.8% |
| 2009 | -1.12 billion | +148.7% |
| 2010 | -857.14 million | -23.7% |
| 2011 | -749.20 million | -12.6% |
| 2012 | -955.93 million | +27.6% |
| 2013 | -1.13 billion | +18.0% |
| 2014 | -1.40 billion | +24.3% |
| 2015 | -1.17 billion | -16.3% |
| 2016 | -1.04 billion | -11.6% |
| 2017 | -949.76 million | -8.5% |
| 2018 | -1.41 billion | +48.4% |
| 2019 | -1.70 billion | +20.3% |
| 2020 | -1.51 billion | -10.8% |
| 2021 | -1.79 billion | +18.7% |
| 2022 | -1.51 billion | -16.1% |
| 2023 | -2.02 billion | +34.1% |
Cameroon compared with similar countries
- Cameroon's -2.02 billion is below the median for lower middle income countries, which is -96.83 million, 20.8× the median. (46 countries reporting)
- Cameroon's -2.02 billion is below the median for Sub-Saharan Africa, which is -606.36 million, 3.3× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Cameroon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -257.8% | 286.07 million | -451.56 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -318.14 million | -1.12 billion | 286.07 million | 5 |
| 2010s | -1.14 billion | -1.70 billion | -749.20 million | 10 |
| 2020s | -1.71 billion | -2.02 billion | -1.51 billion | 4 |
Countries ranked near Cameroon
More financial sector data for Cameroon
- Reserve position in the IMF, US dollar, annual growth rate 27.34 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0753 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 21.26 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.055 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 27.34 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0753 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 21.26 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Cameroon?
- Current account balance (credit less debit), net (credits less debits) in Cameroon was -2.02 billion in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Cameroon?
- The highest recorded value was 286.07 million in 2007.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Cameroon?
- The lowest recorded value was -2.02 billion in 2023.
- How does Cameroon rank for current account balance (credit less debit), net (credits less debits)?
- Cameroon ranks 152nd out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Cameroon?
- Over the last ten years it is down 79.0%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.