Goods balance (credit less debit), Percent of GDP (Balance of) in Cameroon
Cameroon: Goods balance (credit less debit), Percent of GDP (Balance of) was -4.74 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in Cameroon, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in Cameroon stood at -4.74. That is the lowest value across all 28 years on record.
That represents a change of down 22.3% on the previous year and down 653.6% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Cameroon peaked at 4.9 in 2000 and was at its lowest, -4.74, in 2027.
That places Cameroon 26th out of 45 countries with data for 2027, putting it 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), Percent of GDP (Balance of) in Cameroon, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.9 | — |
| 2001 | 0.8226 | -83.2% |
| 2002 | 1.33 | +61.5% |
| 2003 | 1.69 | +27.4% |
| 2004 | 1.26 | -25.8% |
| 2005 | 1.95 | +55.7% |
| 2006 | 3.26 | +66.6% |
| 2007 | 3.07 | -5.6% |
| 2008 | 1.75 | -43.0% |
| 2009 | -0.7477 | -142.7% |
| 2010 | -1.14 | +52.0% |
| 2011 | -1.89 | +66.7% |
| 2012 | -0.9084 | -52.1% |
| 2013 | -0.5851 | -35.6% |
| 2014 | -1.23 | +111.1% |
| 2015 | -1.16 | -6.4% |
| 2016 | -0.7016 | -39.3% |
| 2017 | -0.6284 | -10.4% |
| 2018 | -1.33 | +112.1% |
| 2019 | -1.86 | +39.3% |
| 2020 | -1.66 | -10.4% |
| 2021 | -1.57 | -5.5% |
| 2022 | -0.6584 | -58.1% |
| 2023 | -2.86 | +334.3% |
| 2024 | -1.84 | -35.8% |
| 2025 | -2.5 | +36.0% |
| 2026 | -3.87 | +55.1% |
| 2027 | -4.74 | +22.3% |
Cameroon compared with similar countries
- Cameroon's -4.74 is below the median for Sub-Saharan Africa, which is -2.52, 1.9× the median. (45 countries reporting)
- Cameroon's -4.74 is below the median for lower middle income countries, which is -1.5, 3.2× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.93 | -0.7477 | 4.9 | 10 |
| 2010s | -1.14 | -1.89 | -0.5851 | 10 |
| 2020s | -2.46 | -4.74 | -0.6584 | 8 |
Countries ranked near Cameroon
More financial sector data for Cameroon
- Net domestic credit (current LCU), per capita 172,365 current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 110.83 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 6.79 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 0 SDR (2022)
- Gold reserves at market value 0 SDR (2022)
- Reserves excluding gold, foreign exchange 3.86 billion SDR (2024)
- Reserves excluding gold 3.88 billion SDR (2024)
- Total reserves (gold at market value) 3.88 billion SDR (2024)
- Total reserves (gold at national valuation) 3.94 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 135.33 SDR per person (2024)
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in Cameroon?
- Goods balance (credit less debit), percent of gdp (balance of) in Cameroon was -4.74 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Cameroon?
- The highest recorded value was 4.9 in 2000.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Cameroon?
- The lowest recorded value was -4.74 in 2027.
- How does Cameroon rank for goods balance (credit less debit), percent of gdp (balance of)?
- Cameroon ranks 26th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Cameroon?
- Over the last ten years it is down 653.6%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.