Net trade in goods and services in Cameroon
Cameroon: Net trade in goods and services was -1.58 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-1.58 billion BoP, current US$
Change on year
up 18.4%
World rank
137th
of 200 countries
All-time high
432.62 million BoP, current US$
in 1995
All-time low
-1.94 billion BoP, current US$
in 2023
Years of data
48
1977–2024
Net trade in goods and services in Cameroon, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Cameroon stood at -1.58 billion BoP, current US$.
Compared with earlier readings it is up 18.4% on the previous year and down 46.9% over ten years.
Over the whole period, net trade in goods and services in Cameroon peaked at 432.62 million BoP, current US$ in 1995 and was at its lowest, -1.94 billion BoP, current US$, in 2023.
Cameroon ranks 137th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Cameroon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -83.44 million BoP, current US$ | — |
| 1978 | -113.27 million BoP, current US$ | +35.7% |
| 1979 | -29.90 million BoP, current US$ | -73.6% |
| 1980 | -278.64 million BoP, current US$ | +831.9% |
| 1981 | -291.98 million BoP, current US$ | +4.8% |
| 1982 | -184.41 million BoP, current US$ | -36.8% |
| 1983 | -135.02 million BoP, current US$ | -26.8% |
| 1984 | 183.06 million BoP, current US$ | -235.6% |
| 1985 | 52.95 million BoP, current US$ | -71.1% |
| 1986 | -34.39 million BoP, current US$ | -164.9% |
| 1987 | -387.17 million BoP, current US$ | +1025.8% |
| 1988 | 178.01 million BoP, current US$ | -146.0% |
| 1989 | 160.34 million BoP, current US$ | -9.9% |
| 1990 | 32.36 million BoP, current US$ | -79.8% |
| 1991 | 133.92 million BoP, current US$ | +313.9% |
| 1992 | 392.80 million BoP, current US$ | +193.3% |
| 1993 | 152.25 million BoP, current US$ | -61.2% |
| 1994 | 239.57 million BoP, current US$ | +57.4% |
| 1995 | 432.62 million BoP, current US$ | +80.6% |
| 1996 | 213.78 million BoP, current US$ | -50.6% |
| 1997 | 102.71 million BoP, current US$ | -52.0% |
| 1998 | 84.01 million BoP, current US$ | -18.2% |
| 1999 | 129.64 million BoP, current US$ | +54.3% |
| 2000 | 166.68 million BoP, current US$ | +28.6% |
| 2001 | -101.77 million BoP, current US$ | -161.1% |
| 2002 | -113.28 million BoP, current US$ | +11.3% |
| 2003 | -309.28 million BoP, current US$ | +173.0% |
| 2004 | -147.95 million BoP, current US$ | -52.2% |
| 2005 | -111.46 million BoP, current US$ | -24.7% |
| 2006 | 211.91 million BoP, current US$ | -290.1% |
| 2007 | 340.88 million BoP, current US$ | +60.9% |
| 2008 | -721.54 million BoP, current US$ | -311.7% |
| 2009 | -923.88 million BoP, current US$ | +28.0% |
| 2010 | -764.43 million BoP, current US$ | -17.3% |
| 2011 | -704.02 million BoP, current US$ | -7.9% |
| 2012 | -774.50 million BoP, current US$ | +10.0% |
| 2013 | -817.39 million BoP, current US$ | +5.5% |
| 2014 | -1.08 billion BoP, current US$ | +31.9% |
| 2015 | -1.05 billion BoP, current US$ | -2.2% |
| 2016 | -828.67 million BoP, current US$ | -21.4% |
| 2017 | -722.60 million BoP, current US$ | -12.8% |
| 2018 | -1.12 billion BoP, current US$ | +55.2% |
| 2019 | -1.35 billion BoP, current US$ | +20.8% |
| 2020 | -1.09 billion BoP, current US$ | -19.7% |
| 2021 | -1.58 billion BoP, current US$ | +45.1% |
| 2022 | -1.12 billion BoP, current US$ | -29.2% |
| 2023 | -1.94 billion BoP, current US$ | +73.7% |
| 2024 | -1.58 billion BoP, current US$ | -18.4% |
Cameroon compared with similar countries
- Cameroon's -1.58 billion BoP, current US$ is below the median for lower middle income countries, which is -1.21 billion BoP, current US$, 1.3× the median. (47 countries reporting)
- Cameroon's -1.58 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 2.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Cameroon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | -1025.8% | -34.39 million BoP, current US$ | -387.17 million BoP, current US$ |
| 1980 | -831.9% | -29.90 million BoP, current US$ | -278.64 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -75.54 million BoP, current US$ | -113.27 million BoP, current US$ | -29.90 million BoP, current US$ | 3 |
| 1980s | -73.72 million BoP, current US$ | -387.17 million BoP, current US$ | 183.06 million BoP, current US$ | 10 |
| 1990s | 191.37 million BoP, current US$ | 32.36 million BoP, current US$ | 432.62 million BoP, current US$ | 10 |
| 2000s | -170.97 million BoP, current US$ | -923.88 million BoP, current US$ | 340.88 million BoP, current US$ | 10 |
| 2010s | -921.92 million BoP, current US$ | -1.35 billion BoP, current US$ | -704.02 million BoP, current US$ | 10 |
| 2020s | -1.46 billion BoP, current US$ | -1.94 billion BoP, current US$ | -1.09 billion BoP, current US$ | 5 |
Countries ranked near Cameroon
- 134 Algeria -1.41 billion BoP, current US$ compare
- 135 New Caledonia -1.50 billion BoP, current US$ compare
- 136 Democratic Republic of Congo -1.56 billion BoP, current US$ compare
- 138 Armenia -1.59 billion BoP, current US$ compare
- 139 Albania -1.65 billion BoP, current US$ compare
- 140 Benin -1.68 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$), annual growth rate 3.68 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Cameroon?
- Net trade in goods and services in Cameroon was -1.58 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Cameroon?
- The highest recorded value was 432.62 million BoP, current US$ in 1995.
- What is the lowest net trade in goods and services recorded in Cameroon?
- The lowest recorded value was -1.94 billion BoP, current US$ in 2023.
- How does Cameroon rank for net trade in goods and services?
- Cameroon ranks 137th out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Cameroon?
- Over the last ten years it is down 46.9%. 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 trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.