Volume of remittances (in United States dollars) as a proportion of in Cameroon
Cameroon: Volume of remittances (in United States dollars) as a proportion of was 1.3% in 2024. ▲ Rising
Latest (2024)
1.3%
Change on year
down 19.6%
World rank
128th
of 203 countries
All-time high
1.6%
in 2023
All-time low
0.2%
in 2001
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Cameroon, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Cameroon recorded 1.3% for volume of remittances (in united states dollars) as a proportion of in 2024.
The figure is down 19.6% on the previous year and up 66.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Cameroon peaked at 1.6% in 2023 and was at its lowest, 0.2%, in 2001.
Cameroon ranks 128th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Cameroon, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.2% | -26.5% |
| 2002 | 0.2% | +54.4% |
| 2003 | 0.5% | +99.1% |
| 2004 | 0.5% | +16.3% |
| 2005 | 0.4% | -28.1% |
| 2006 | 0.6% | +57.6% |
| 2007 | 0.7% | +12.6% |
| 2008 | 0.6% | -16.2% |
| 2009 | 0.7% | +12.9% |
| 2010 | 0.4% | -36.9% |
| 2011 | 0.7% | +71.5% |
| 2012 | 0.7% | -2.6% |
| 2013 | 0.7% | +3.7% |
| 2014 | 0.8% | +7.6% |
| 2015 | 0.8% | -3.6% |
| 2016 | 0.8% | +6.0% |
| 2017 | 0.9% | +10.3% |
| 2018 | 0.8% | -4.9% |
| 2019 | 0.9% | +7.4% |
| 2020 | 0.8% | -8.6% |
| 2021 | 1.0% | +16.6% |
| 2022 | 1.3% | +32.8% |
| 2023 | 1.6% | +27.0% |
| 2024 | 1.3% | -19.6% |
Cameroon compared with similar countries
- Cameroon's 1.3% is below the median for lower middle income countries, which is 6.1%, 21% of the median. (43 countries reporting)
- Cameroon's 1.3% is below the median for Sub-Saharan Africa, which is 2.9%, 45% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.2% | 0.7% | 10 |
| 2010s | 0.7% | 0.4% | 0.9% | 10 |
| 2020s | 1.2% | 0.8% | 1.6% | 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)
- 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 volume of remittances (in united states dollars) as a proportion of in Cameroon?
- Volume of remittances (in united states dollars) as a proportion of in Cameroon was 1.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Cameroon?
- The highest recorded value was 1.6% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Cameroon?
- The lowest recorded value was 0.2% in 2001.
- How does Cameroon rank for volume of remittances (in united states dollars) as a proportion of?
- Cameroon ranks 128th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Cameroon?
- Over the last ten years it is up 66.3%. The long-run trend across the full record is rising.
- Where does this Cameroon data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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