Current account balance (BoP, current US$) in Cameroon
Cameroon: Current account balance (BoP, current US$) 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$, in 2023.
Cameroon ranks 145th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Cameroon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -92.40 million BoP, current US$ | — |
| 1978 | -186.36 million BoP, current US$ | +101.7% |
| 1979 | -125.68 million BoP, current US$ | -32.6% |
| 1980 | -445.40 million BoP, current US$ | +254.4% |
| 1981 | -481.67 million BoP, current US$ | +8.1% |
| 1982 | -385.74 million BoP, current US$ | -19.9% |
| 1983 | -411.86 million BoP, current US$ | +6.8% |
| 1984 | -168.92 million BoP, current US$ | -59.0% |
| 1985 | -561.52 million BoP, current US$ | +232.4% |
| 1986 | -451.83 million BoP, current US$ | -19.5% |
| 1987 | -892.74 million BoP, current US$ | +97.6% |
| 1988 | -426.46 million BoP, current US$ | -52.2% |
| 1989 | -289.90 million BoP, current US$ | -32.0% |
| 1990 | -551.19 million BoP, current US$ | +90.1% |
| 1991 | -335.69 million BoP, current US$ | -39.1% |
| 1992 | -365.78 million BoP, current US$ | +9.0% |
| 1993 | -512.25 million BoP, current US$ | +40.0% |
| 1994 | -56.07 million BoP, current US$ | -89.1% |
| 1995 | 89.85 million BoP, current US$ | -260.3% |
| 1996 | -286.66 million BoP, current US$ | -419.0% |
| 1997 | -582.20 million BoP, current US$ | +103.1% |
| 1998 | -150.78 million BoP, current US$ | -74.1% |
| 1999 | -509.55 million BoP, current US$ | +237.9% |
| 2000 | -218.40 million BoP, current US$ | -57.1% |
| 2001 | -347.66 million BoP, current US$ | +59.2% |
| 2002 | -439.31 million BoP, current US$ | +26.4% |
| 2003 | -597.88 million BoP, current US$ | +36.1% |
| 2004 | -416.18 million BoP, current US$ | -30.4% |
| 2005 | -495.56 million BoP, current US$ | +19.1% |
| 2006 | 193.52 million BoP, current US$ | -139.1% |
| 2007 | 286.07 million BoP, current US$ | +47.8% |
| 2008 | -451.56 million BoP, current US$ | -257.8% |
| 2009 | -1.12 billion BoP, current US$ | +148.7% |
| 2010 | -857.14 million BoP, current US$ | -23.7% |
| 2011 | -749.20 million BoP, current US$ | -12.6% |
| 2012 | -955.93 million BoP, current US$ | +27.6% |
| 2013 | -1.13 billion BoP, current US$ | +18.0% |
| 2014 | -1.40 billion BoP, current US$ | +24.3% |
| 2015 | -1.17 billion BoP, current US$ | -16.3% |
| 2016 | -1.04 billion BoP, current US$ | -11.6% |
| 2017 | -949.76 million BoP, current US$ | -8.5% |
| 2018 | -1.41 billion BoP, current US$ | +48.4% |
| 2019 | -1.70 billion BoP, current US$ | +20.3% |
| 2020 | -1.51 billion BoP, current US$ | -10.8% |
| 2021 | -1.79 billion BoP, current US$ | +18.7% |
| 2022 | -1.51 billion BoP, current US$ | -16.1% |
| 2023 | -2.02 billion BoP, current US$ | +34.1% |
| 2024 | -1.75 billion BoP, current US$ | -13.3% |
Cameroon compared with similar countries
- Cameroon's -1.75 billion BoP, current US$ is below the median for lower middle income countries, which is -203.16 million BoP, current US$, 8.6× the median. (47 countries reporting)
- Cameroon's -1.75 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -461.46 million BoP, current US$, 3.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) 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 |
|---|---|---|---|
| 1996 | -419.0% | 89.85 million BoP, current US$ | -286.66 million BoP, current US$ |
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
- 142 Zambia -1.58 billion BoP, current US$ compare
- 143 Benin -1.61 billion BoP, current US$ compare
- 144 Dominican Republic -1.75 billion BoP, current US$ compare
- 146 South Africa -1.81 billion BoP, current US$ compare
- 147 Rwanda -1.81 billion BoP, current US$ compare
- 148 Namibia -1.83 billion BoP, current US$ 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 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 145th out of 200 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.