Services balance (credit less debit), Net (credits less debits) in Cameroon
Cameroon: Services balance (credit less debit), Net (credits less debits) was -545.09 million in 2023. βΌ Falling
Services balance (credit less debit), Net (credits less debits) in Cameroon, 2005β2023
Source: International Monetary Fund.
Analysis
Cameroon recorded -545.09 million for services balance (credit less debit), net (credits less debits) in 2023.
Compared with earlier readings it is up 33.9% on the previous year and up 12.1% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Cameroon peaked at -123.69 million in 2011 and was at its lowest, -1.21 billion, in 2008.
Cameroon ranks 127th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -655.95 million | -1.21 billion | -394.86 million | 5 |
| 2010s | -529.91 million | -681.65 million | -123.69 million | 10 |
| 2020s | -662.27 million | -870.32 million | -408.65 million | 4 |
Countries ranked near Cameroon
- 124 Lesotho, Kingdom of -399.59 million compare
- 125 Afghanistan, Islamic Republic of -405.64 million compare
- 126 Haiti -420.94 million compare
- 128 Zambia -556.47 million compare
- 129 New Zealand -564.78 million compare
- 130 New Caledonia -569.13 million compare
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)
- Domestic credit to private sector by banks 14.1% (2019)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Cameroon?
- Services balance (credit less debit), net (credits less debits) in Cameroon was -545.09 million in 2023, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Cameroon?
- The highest recorded value was -123.69 million in 2011.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Cameroon?
- The lowest recorded value was -1.21 billion in 2008.
- How does Cameroon rank for services balance (credit less debit), net (credits less debits)?
- Cameroon ranks 127th out of 197 countries with data for 2023.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Cameroon?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is falling.
- Where does this Cameroon data come from?
- The figures come from International Monetary Fund, published as part of Services 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.