Goods balance (credit less debit), Net (credits less debits) in Cameroon
Cameroon: Goods balance (credit less debit), Net (credits less debits) was -1.40 billion in 2023. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Cameroon, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, goods balance (credit less debit), net (credits less debits) in Cameroon stood at -1.40 billion. That is the lowest value across all 19 years on record.
That represents a change of down 377.0% on the previous year and down 607.4% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Cameroon peaked at 735.74 million in 2007 and was at its lowest, -1.40 billion, in 2023.
Cameroon ranks 115th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Cameroon, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 381.81 million | — |
| 2006 | 681.07 million | +78.4% |
| 2007 | 735.74 million | +8.0% |
| 2008 | 485.71 million | -34.0% |
| 2009 | -208.63 million | -143.0% |
| 2010 | -312.94 million | +50.0% |
| 2011 | -580.33 million | +85.4% |
| 2012 | -274.09 million | -52.8% |
| 2013 | -197.34 million | -28.0% |
| 2014 | -449.41 million | +127.7% |
| 2015 | -372.12 million | -17.2% |
| 2016 | -237.19 million | -36.3% |
| 2017 | -226.75 million | -4.4% |
| 2018 | -533.03 million | +135.1% |
| 2019 | -736.83 million | +38.2% |
| 2020 | -679.37 million | -7.8% |
| 2021 | -708.23 million | +4.2% |
| 2022 | -292.62 million | -58.7% |
| 2023 | -1.40 billion | +377.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 415.14 million | -208.63 million | 735.74 million | 5 |
| 2010s | -392.00 million | -736.83 million | -197.34 million | 10 |
| 2020s | -769.04 million | -1.40 billion | -292.62 million | 4 |
Countries ranked near Cameroon
More financial sector data for Cameroon
- Total reserves in months of imports, annual growth rate 3.33 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 7.06 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0725 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 132.64 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 6.66 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 133.26 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 6.66 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 133.26 SDR per person (2024)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Cameroon?
- Goods balance (credit less debit), net (credits less debits) in Cameroon was -1.40 billion in 2023, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Cameroon?
- The highest recorded value was 735.74 million in 2007.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Cameroon?
- The lowest recorded value was -1.40 billion in 2023.
- How does Cameroon rank for goods balance (credit less debit), net (credits less debits)?
- Cameroon ranks 115th out of 198 countries with data for 2023.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Cameroon?
- Over the last ten years it is down 607.4%. 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 Goods 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.