Trade in services (% of GDP) in Cameroon
Cameroon: Trade in services (% of GDP) was 7.9% in 2024. ▼ Falling
Trade in services in Cameroon, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, trade in services in Cameroon stood at 7.9%.
That represents a change of down 15.5% on the previous year and down 38.7% over ten years.
Over the whole period, trade in services in Cameroon peaked at 19.1% in 2001 and was at its lowest, 7.0%, in 1993.
That places Cameroon 177th out of 200 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Trade in services (% of GDP) in Cameroon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 14.6% | — |
| 1978 | 14.4% | -1.8% |
| 1979 | 13.8% | -4.1% |
| 1980 | 16.7% | +21.4% |
| 1981 | 16.8% | +0.5% |
| 1982 | 17.8% | +6.0% |
| 1983 | 16.9% | -5.5% |
| 1984 | 16.0% | -5.0% |
| 1985 | 16.8% | +4.9% |
| 1986 | 11.9% | -29.1% |
| 1987 | 11.2% | -5.8% |
| 1988 | 11.1% | -0.9% |
| 1989 | 13.7% | +23.2% |
| 1990 | 11.6% | -15.4% |
| 1991 | 12.9% | +11.4% |
| 1992 | 10.9% | -15.6% |
| 1993 | 7.0% | -35.8% |
| 1994 | 9.3% | +32.3% |
| 1995 | 7.4% | -20.1% |
| 1996 | 13.9% | +87.6% |
| 1997 | 12.9% | -6.7% |
| 1998 | 12.0% | -7.7% |
| 1999 | 10.1% | -15.7% |
| 2000 | 16.3% | +62.0% |
| 2001 | 19.1% | +16.9% |
| 2002 | 18.8% | -1.5% |
| 2003 | 11.7% | -37.6% |
| 2004 | 13.8% | +18.1% |
| 2005 | 12.5% | -9.9% |
| 2006 | 12.0% | -4.0% |
| 2007 | 13.1% | +9.5% |
| 2008 | 15.1% | +15.2% |
| 2009 | 11.5% | -23.6% |
| 2010 | 11.1% | -4.1% |
| 2011 | 12.6% | +13.5% |
| 2012 | 12.5% | -0.7% |
| 2013 | 13.4% | +7.4% |
| 2014 | 12.9% | -3.7% |
| 2015 | 11.5% | -10.5% |
| 2016 | 11.5% | +0.1% |
| 2017 | 12.2% | +5.2% |
| 2018 | 12.1% | -0.7% |
| 2019 | 12.7% | +5.0% |
| 2020 | 9.4% | -26.0% |
| 2021 | 9.0% | -4.5% |
| 2022 | 9.6% | +7.2% |
| 2023 | 9.3% | -2.7% |
| 2024 | 7.9% | -15.5% |
Cameroon compared with similar countries
- Cameroon's 7.9% is below the median for lower middle income countries, which is 13.8%, 57% of the median. (47 countries reporting)
- Cameroon's 7.9% is below the median for Sub-Saharan Africa, which is 12.7%, 62% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Trade in services (% of GDP) 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 | +87.6% | 7.4% | 13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.3% | 13.8% | 14.6% | 3 |
| 1980s | 14.9% | 11.1% | 17.8% | 10 |
| 1990s | 10.8% | 7.0% | 13.9% | 10 |
| 2000s | 14.4% | 11.5% | 19.1% | 10 |
| 2010s | 12.2% | 11.1% | 13.4% | 10 |
| 2020s | 9.0% | 7.9% | 9.6% | 5 |
Countries ranked near Cameroon
- 174 Ecuador 8.1% compare
- 175 Sierra Leone 8.1% compare
- 176 Papua New Guinea 8.0% compare
- 178 Mexico 7.9% compare
- 179 Tajikistan 7.4% compare
- 180 Indonesia 7.3% 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0156 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Cameroon?
- Trade in services in Cameroon was 7.9% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Cameroon?
- The highest recorded value was 19.1% in 2001.
- What is the lowest trade in services recorded in Cameroon?
- The lowest recorded value was 7.0% in 1993.
- How does Cameroon rank for trade in services?
- Cameroon ranks 177th out of 200 countries with data for 2024.
- Is trade in services rising or falling in Cameroon?
- Over the last ten years it is down 38.7%. The long-run trend across the full record is falling.
- 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 Trade in services (% of GDP). 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
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.