Remittance inflows to GDP in Cameroon
Cameroon: Remittance inflows to GDP was 0.8% in 2020. ◆ Volatile
Remittance inflows to GDP in Cameroon, 1979–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Cameroon recorded 0.8% for remittance inflows to gdp in 2020.
Compared with earlier readings it is down 8.6% on the previous year and up 95.9% over ten years.
Over the whole period, remittance inflows to gdp in Cameroon peaked at 0.9% in 2019 and was at its lowest, 0.1%, in 1979.
Cameroon ranks 130th of 195 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.1% | 0.1% | 1 |
| 1980s | 0.3% | 0.1% | 0.4% | 10 |
| 1990s | 0.1% | 0.1% | 0.2% | 10 |
| 2000s | 0.5% | 0.2% | 0.7% | 10 |
| 2010s | 0.7% | 0.4% | 0.9% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Cameroon
- 127 Costa Rica 0.8% compare
- 128 Panama 0.8% compare
- 129 Seychelles 0.8% compare
- 131 Turks and Caicos Islands 0.8% compare
- 132 Iceland 0.8% compare
- 133 Zambia 0.7% compare
More financial sector data for Cameroon
- Domestic credit to private sector by banks 14.1% (2019)
- Total reserves in months of imports 5.28 (2024)
- Net domestic credit 4.40 trillion current LCU (2019)
- Net foreign assets 2.35 trillion current LCU (2019)
- Monetary Sector credit to private sector 14.1% (2019)
- Broad money 21.4% (2018)
- Claims on central government, etc. 3.7% (2019)
- Domestic credit to private sector 14.1% (2019)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Net migration -15,379 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Cameroon?
- Remittance inflows to gdp in Cameroon was 0.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Cameroon?
- The highest recorded value was 0.9% in 2019.
- What is the lowest remittance inflows to gdp recorded in Cameroon?
- The lowest recorded value was 0.1% in 1979.
- How does Cameroon rank for remittance inflows to gdp?
- Cameroon ranks 130th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Cameroon?
- Over the last ten years it is up 95.9%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.