Current account balance as a proportion of GDP (%) in Cameroon
Cameroon: Current account balance as a proportion of GDP (%) was -4.1% in 2023. ▼ Falling
Current account balance as a proportion of GDP in Cameroon, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, current account balance as a proportion of gdp in Cameroon stood at -4.1%.
The figure is down 21.9% on the previous year and down 23.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Cameroon peaked at 1.2% in 2007 and was at its lowest, -4.3%, in 2019.
That places Cameroon 139th out of 205 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Current account balance as a proportion of GDP (%) in Cameroon, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.1% | — |
| 2001 | -3.2% | +53.6% |
| 2002 | -3.5% | +11.5% |
| 2003 | -3.7% | +5.8% |
| 2004 | -2.2% | -41.0% |
| 2005 | -2.5% | +14.9% |
| 2006 | 0.9% | -136.4% |
| 2007 | 1.2% | +29.2% |
| 2008 | -1.6% | -236.3% |
| 2009 | -4.0% | +146.8% |
| 2010 | -3.1% | -22.5% |
| 2011 | -2.4% | -21.5% |
| 2012 | -3.2% | +29.6% |
| 2013 | -3.3% | +5.5% |
| 2014 | -3.9% | +15.2% |
| 2015 | -3.6% | -5.4% |
| 2016 | -3.1% | -15.8% |
| 2017 | -2.6% | -14.2% |
| 2018 | -3.5% | +34.1% |
| 2019 | -4.3% | +21.1% |
| 2020 | -3.7% | -13.2% |
| 2021 | -4.0% | +7.5% |
| 2022 | -3.4% | -14.9% |
| 2023 | -4.1% | +21.9% |
Cameroon compared with similar countries
- Cameroon's -4.1% is below the median for lower middle income countries, which is -0.8%, 5.0× the median. (43 countries reporting)
- Cameroon's -4.1% is above the median for Sub-Saharan Africa, which is -4.1%, 100% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2008 | -236.3% | 1.2% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.1% | -4.0% | 1.2% | 10 |
| 2010s | -3.3% | -4.3% | -2.4% | 10 |
| 2020s | -3.8% | -4.1% | -3.4% | 4 |
Countries ranked near Cameroon
- 136 Democratic Republic of the Congo -3.8% compare
- 137 Philippines -4.0% compare
- 138 United States -4.1% compare
- 140 Gambia -4.1% compare
- 141 Solomon Islands -4.2% compare
- 142 Botswana -4.2% compare
More economy & growth data for Cameroon
- Real gdp growth, annual growth rate 5.32 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.05 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.53 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -0.6569 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7283 units per person (2025)
- SDRs holdings, SDR, annual growth rate -5.4 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5318 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 17.96 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Cameroon?
- Current account balance as a proportion of gdp in Cameroon was -4.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Cameroon?
- The highest recorded value was 1.2% in 2007.
- What is the lowest current account balance as a proportion of gdp recorded in Cameroon?
- The lowest recorded value was -4.3% in 2019.
- How does Cameroon rank for current account balance as a proportion of gdp?
- Cameroon ranks 139th out of 205 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Cameroon?
- Over the last ten years it is down 23.7%. The long-run trend across the full record is falling.
- Where does this Cameroon data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).