Current account balance in Cameroon
Cameroon: Current account balance was -1.75 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Cameroon, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Cameroon stood at -1.75 billion BoP, current US$.
The figure is up 13.3% on the previous year and down 24.8% over ten years.
Over the whole period, current account balance in Cameroon peaked at 286.07 million BoP, current US$ in 2007 and was at its lowest, -2.02 billion BoP, current US$, in 2023.
Cameroon ranks 142nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -134.81 million BoP, current US$ | -186.36 million BoP, current US$ | -92.40 million BoP, current US$ | 3 |
| 1980s | -451.60 million BoP, current US$ | -892.74 million BoP, current US$ | -168.92 million BoP, current US$ | 10 |
| 1990s | -326.03 million BoP, current US$ | -582.20 million BoP, current US$ | 89.85 million BoP, current US$ | 10 |
| 2000s | -361.01 million BoP, current US$ | -1.12 billion BoP, current US$ | 286.07 million BoP, current US$ | 10 |
| 2010s | -1.14 billion BoP, current US$ | -1.70 billion BoP, current US$ | -749.20 million BoP, current US$ | 10 |
| 2020s | -1.72 billion BoP, current US$ | -2.02 billion BoP, current US$ | -1.51 billion BoP, current US$ | 5 |
Countries ranked near Cameroon
- 139 Paraguay -1.57 billion BoP, current US$ compare
- 140 Benin -1.61 billion BoP, current US$ compare
- 141 Latvia -1.64 billion BoP, current US$ compare
- 143 South Africa -1.81 billion BoP, current US$ compare
- 144 Rwanda -1.81 billion BoP, current US$ compare
- 145 Belarus -1.82 billion BoP, current US$ compare
More economy & growth data for Cameroon
- External balance on goods and services as a percent of GDP -7.2% (2025)
- Inflation of consumer prices 3.4% (2025)
- GDP per capita 1,489 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 14.6% (2025)
- Gross domestic product (GDP) 44.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,489 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 571.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 981.56 million current US$ (2025)
- Taxes less subsidies on products 2.44 trillion current LCU (2025)
Frequently asked questions
- What is current account balance in Cameroon?
- Current account balance in Cameroon was -1.75 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Cameroon?
- The highest recorded value was 286.07 million BoP, current US$ in 2007.
- What is the lowest current account balance recorded in Cameroon?
- The lowest recorded value was -2.02 billion BoP, current US$ in 2023.
- How does Cameroon rank for current account balance?
- Cameroon ranks 142nd out of 198 countries with data for 2024.
- Is current account balance rising or falling in Cameroon?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.