Services balance (credit less debit), Net (credits less debits) (US) in Cameroon
Cameroon: Services balance (credit less debit), Net (credits less debits) (US) was -545.09 million in 2023. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Cameroon, 2005–2023
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.
Services balance (credit less debit), Net (credits less debits) (US) in Cameroon, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -493.27 million | — |
| 2006 | -469.17 million | -4.9% |
| 2007 | -394.86 million | -15.8% |
| 2008 | -1.21 billion | +205.7% |
| 2009 | -715.24 million | -40.8% |
| 2010 | -451.49 million | -36.9% |
| 2011 | -123.69 million | -72.6% |
| 2012 | -500.42 million | +304.6% |
| 2013 | -620.05 million | +23.9% |
| 2014 | -628.34 million | +1.3% |
| 2015 | -681.65 million | +8.5% |
| 2016 | -591.48 million | -13.2% |
| 2017 | -495.85 million | -16.2% |
| 2018 | -588.40 million | +18.7% |
| 2019 | -617.77 million | +5.0% |
| 2020 | -408.65 million | -33.9% |
| 2021 | -870.32 million | +113.0% |
| 2022 | -825.02 million | -5.2% |
| 2023 | -545.09 million | -33.9% |
Cameroon compared with similar countries
- Cameroon's -545.09 million is below the median for lower middle income countries, which is -329.10 million, 1.7× the median. (46 countries reporting)
- Cameroon's -545.09 million is below the median for Sub-Saharan Africa, which is -399.59 million, 1.4× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2012 | -304.6% | -123.69 million | -500.42 million |
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 -399.59 million compare
- 125 Afghanistan -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
- 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 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.