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
Latest (2023)
-4.1%
Change on year
down 21.9%
World rank
119th
of 177 countries
All-time high
1.2%
in 2007
All-time low
-4.3%
in 2019
Years of data
24
2000–2023
Current account balance as a proportion of GDP in Cameroon, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
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 119th out of 177 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 | Value | 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% |
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
- 116 Paraguay -3.4% compare
- 117 Bosnia and Herzegovina -3.5% compare
- 118 Philippines -4.0% compare
- 120 Gambia -4.1% compare
- 121 Solomon Islands -4.2% compare
- 122 Botswana -4.2% compare
More economy & growth data for Cameroon
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1457 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 287.32 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 84.77 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 167,202 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.108 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 213.04 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 122,171 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 17.9 % 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 119th out of 177 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).