Net financial account in Cameroon
Cameroon: Net financial account was -1.52 billion BoP, current US$ in 2024. ◆ Volatile
Net financial account in Cameroon, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Cameroon stood at -1.52 billion BoP, current US$.
Compared with earlier readings it is up 14.2% on the previous year and down 9.2% over ten years.
Over the whole period, net financial account in Cameroon peaked at 1.96 billion BoP, current US$ in 2006 and was at its lowest, -1.80 billion BoP, current US$, in 2021.
That places Cameroon 144th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account in Cameroon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -91.99 million BoP, current US$ | — |
| 1978 | -167.25 million BoP, current US$ | +81.8% |
| 1979 | -124.39 million BoP, current US$ | -25.6% |
| 1980 | -448.69 million BoP, current US$ | +260.7% |
| 1981 | -482.46 million BoP, current US$ | +7.5% |
| 1982 | -384.78 million BoP, current US$ | -20.2% |
| 1983 | -408.93 million BoP, current US$ | +6.3% |
| 1984 | -295.15 million BoP, current US$ | -27.8% |
| 1985 | -450.91 million BoP, current US$ | +52.8% |
| 1986 | -472.91 million BoP, current US$ | +4.9% |
| 1987 | -1.30 billion BoP, current US$ | +174.0% |
| 1988 | -207.12 million BoP, current US$ | -84.0% |
| 1989 | -438.58 million BoP, current US$ | +111.8% |
| 1990 | -627.74 million BoP, current US$ | +43.1% |
| 1991 | -369.58 million BoP, current US$ | -41.1% |
| 1992 | -933.42 million BoP, current US$ | +152.6% |
| 1993 | -527.79 million BoP, current US$ | -43.5% |
| 1994 | 74.68 million BoP, current US$ | -114.1% |
| 1995 | -60.62 million BoP, current US$ | -181.2% |
| 1996 | -94.79 million BoP, current US$ | +56.4% |
| 1997 | -378.38 million BoP, current US$ | +299.2% |
| 1998 | -279.97 million BoP, current US$ | -26.0% |
| 1999 | -397.16 million BoP, current US$ | +41.9% |
| 2000 | -124.08 million BoP, current US$ | -68.8% |
| 2001 | -458.22 million BoP, current US$ | +269.3% |
| 2002 | -531.45 million BoP, current US$ | +16.0% |
| 2003 | -368.20 million BoP, current US$ | -30.7% |
| 2004 | -309.49 million BoP, current US$ | -15.9% |
| 2005 | -338.14 million BoP, current US$ | +9.3% |
| 2006 | 1.96 billion BoP, current US$ | -680.7% |
| 2007 | 664.00 million BoP, current US$ | -66.2% |
| 2008 | -98.99 million BoP, current US$ | -114.9% |
| 2009 | -773.37 million BoP, current US$ | +681.3% |
| 2010 | -526.14 million BoP, current US$ | -32.0% |
| 2011 | -715.54 million BoP, current US$ | +36.0% |
| 2012 | -998.76 million BoP, current US$ | +39.6% |
| 2013 | -1.18 billion BoP, current US$ | +18.0% |
| 2014 | -1.39 billion BoP, current US$ | +18.2% |
| 2015 | -1.16 billion BoP, current US$ | -17.0% |
| 2016 | -952.44 million BoP, current US$ | -17.6% |
| 2017 | -860.84 million BoP, current US$ | -9.6% |
| 2018 | -1.28 billion BoP, current US$ | +48.2% |
| 2019 | -1.44 billion BoP, current US$ | +13.1% |
| 2020 | -1.42 billion BoP, current US$ | -1.3% |
| 2021 | -1.80 billion BoP, current US$ | +26.2% |
| 2022 | -1.26 billion BoP, current US$ | -29.8% |
| 2023 | -1.77 billion BoP, current US$ | +40.4% |
| 2024 | -1.52 billion BoP, current US$ | -14.2% |
Cameroon compared with similar countries
- Cameroon's -1.52 billion BoP, current US$ is below the median for lower middle income countries, which is -230.67 million BoP, current US$, 6.6× the median. (47 countries reporting)
- Cameroon's -1.52 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -534.57 million BoP, current US$, 2.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net financial account in Cameroon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +680.7% | -338.14 million BoP, current US$ | 1.96 billion BoP, current US$ |
| 2009 | -681.3% | -98.99 million BoP, current US$ | -773.37 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -127.87 million BoP, current US$ | -167.25 million BoP, current US$ | -91.99 million BoP, current US$ | 3 |
| 1980s | -488.55 million BoP, current US$ | -1.30 billion BoP, current US$ | -207.12 million BoP, current US$ | 10 |
| 1990s | -359.48 million BoP, current US$ | -933.42 million BoP, current US$ | 74.68 million BoP, current US$ | 10 |
| 2000s | -37.44 million BoP, current US$ | -773.37 million BoP, current US$ | 1.96 billion BoP, current US$ | 10 |
| 2010s | -1.05 billion BoP, current US$ | -1.44 billion BoP, current US$ | -526.14 million BoP, current US$ | 10 |
| 2020s | -1.56 billion BoP, current US$ | -1.80 billion BoP, current US$ | -1.26 billion BoP, current US$ | 5 |
Countries ranked near Cameroon
- 141 Armenia -1.26 billion BoP, current US$ compare
- 142 Hungary -1.37 billion BoP, current US$ compare
- 143 Benin -1.41 billion BoP, current US$ compare
- 145 Paraguay -1.58 billion BoP, current US$ compare
- 146 Jordan -1.64 billion BoP, current US$ compare
- 147 Suriname -1.67 billion BoP, current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 63.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.18 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 888.22 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.12 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.5 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.68 % change on previous year (2024)
Frequently asked questions
- What is net financial account in Cameroon?
- Net financial account in Cameroon was -1.52 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Cameroon?
- The highest recorded value was 1.96 billion BoP, current US$ in 2006.
- What is the lowest net financial account recorded in Cameroon?
- The lowest recorded value was -1.80 billion BoP, current US$ in 2021.
- How does Cameroon rank for net financial account?
- Cameroon ranks 144th out of 199 countries with data for 2024.
- Is net financial account rising or falling in Cameroon?
- Over the last ten years it is down 9.2%. 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 Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.