Gross savings in Cameroon
Cameroon: Gross savings was 15.5% in 2024. ▼ Falling
Gross savings in Cameroon, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Cameroon is 15.5%, measured in 2024.
That represents a change of up 4.0% on the previous year and up 2.1% over ten years.
Over the whole period, gross savings in Cameroon peaked at 24.8% in 1984 and was at its lowest, 4.1%, in 1977.
That places Cameroon 131st out of 177 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 48 years of available data.
Gross savings in Cameroon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 4.1% | — |
| 1978 | 18.3% | +345.0% |
| 1979 | 15.6% | -14.7% |
| 1980 | 5.2% | -66.4% |
| 1981 | 9.5% | +81.9% |
| 1982 | 23.3% | +145.5% |
| 1983 | 21.4% | -8.5% |
| 1984 | 24.8% | +16.0% |
| 1985 | 23.3% | -5.8% |
| 1986 | 23.9% | +2.3% |
| 1987 | 18.9% | -20.7% |
| 1988 | 19.7% | +4.1% |
| 1989 | 17.8% | -9.8% |
| 1990 | 16.2% | -9.0% |
| 1991 | 15.4% | -4.7% |
| 1992 | 11.1% | -28.2% |
| 1993 | 16.1% | +45.3% |
| 1994 | 18.0% | +12.2% |
| 1995 | 19.7% | +9.1% |
| 1996 | 16.4% | -16.7% |
| 1997 | 17.6% | +7.0% |
| 1998 | 17.3% | -1.3% |
| 1999 | 16.5% | -4.6% |
| 2000 | 14.4% | -13.1% |
| 2001 | 12.2% | -15.5% |
| 2002 | 11.9% | -2.0% |
| 2003 | 14.2% | +19.1% |
| 2004 | 16.9% | +19.2% |
| 2005 | 16.9% | -0.3% |
| 2006 | 19.3% | +14.5% |
| 2007 | 18.9% | -2.2% |
| 2008 | 17.5% | -7.3% |
| 2009 | 16.1% | -7.9% |
| 2010 | 15.3% | -5.2% |
| 2011 | 15.5% | +1.5% |
| 2012 | 15.1% | -2.6% |
| 2013 | 15.3% | +1.4% |
| 2014 | 15.2% | -0.7% |
| 2015 | 14.3% | -6.0% |
| 2016 | 16.5% | +15.0% |
| 2017 | 16.3% | -1.0% |
| 2018 | 15.7% | -3.6% |
| 2019 | 14.4% | -8.3% |
| 2020 | 13.3% | -7.3% |
| 2021 | 13.9% | +4.4% |
| 2022 | 15.6% | +12.0% |
| 2023 | 14.9% | -4.3% |
| 2024 | 15.5% | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.6% | 4.1% | 18.3% | 3 |
| 1980s | 18.8% | 5.2% | 24.8% | 10 |
| 1990s | 16.4% | 11.1% | 19.7% | 10 |
| 2000s | 15.8% | 11.9% | 19.3% | 10 |
| 2010s | 15.4% | 14.3% | 16.5% | 10 |
| 2020s | 14.7% | 13.3% | 15.6% | 5 |
Countries ranked near Cameroon
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)
- Industry (including construction), value added (constant 2015 US$) 3.03 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1831 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 361.22 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 3.03 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 104.62 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 206,357 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5036 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Cameroon?
- Gross savings in Cameroon was 15.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Cameroon?
- The highest recorded value was 24.8% in 1984.
- What is the lowest gross savings recorded in Cameroon?
- The lowest recorded value was 4.1% in 1977.
- How does Cameroon rank for gross savings?
- Cameroon ranks 131st out of 177 countries with data for 2024.
- Is gross savings rising or falling in Cameroon?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is falling.
- Where does this Cameroon data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.