Cameroon Current Account to GDP

Cameroon recorded a Current Account deficit of 6.30 percent of the countrys Gross Domestic Product in 2011. Current Account to GDP in Cameroon is reported by the Bank of Central African States. From 1977 until 2011, Cameroon Current Account to GDP averaged -3.5 Percent reaching an all time high of 1.4 Percent in December of 2007 and a record low of -7.3 Percent in December of 1987. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Cameroon Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-6.30 -5.81 1.38 -7.26 -3.47 | 2014/06 1977 - 2011 Percent Yearly

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Cameroon Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -241.00 2012-06-30 -215.20 304.50 -596.10 -233.74 2014-06-30 CFA Franc Billion [+]
Current Account -830.80 2009-12-31 -379.90 -117.60 -830.80 -3038.25 2014-06-30 FCFA Billion [+]
Current Account to GDP -6.30 2011-12-31 -5.81 1.38 -7.26 -3.47 2014-06-30 Percent [+]
Exports 400.20 2012-06-30 349.60 2284.70 349.60 345.82 2014-06-30 CFA Franc Billion [+]
Imports 641.20 2012-06-30 564.80 2096.00 564.80 592.72 2014-06-30 CFA Franc Billion [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Cameroon Interest Rate at 3.25 Percent  
The benchmark interest rate in Cameroon was last recorded at 3.25 percent. Interest Rate in Cameroon is reported by the Bank of Central African States.
Cameroon Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Cameroon stands at 35 percent. Personal Income Tax Rate in Cameroon is reported by the Ministry of Finance.
Cameroon Corporate Tax Rate at 38.50 percent  
The Corporate Tax Rate in Cameroon stands at 38.50 percent. Corporate Tax Rate in Cameroon is reported by the General Direction of Taxes.
Cameroon Balance of Trade at -241.00 CFA Franc Billion  
Cameroon recorded a trade deficit of 241 CFA Franc Billion in the second quarter of 2012. Balance of Trade in Cameroon is reported by the Institut National de la Statistique du Cameroun.
Cameroon Current Account at -830.80 FCFA Billion  
Cameroon recorded a Current Account deficit of 830.80 FCFA Billion in 2009. Current Account in Cameroon is reported by the Institut National de la Statistique du Cameroun.
Cameroon Inflation Rate at 1.60 Percent  
The inflation rate in Cameroon was recorded at 1.60 percent in December of 2013. Inflation Rate in Cameroon is reported by the Institut National de la Statistique du Cameroun.
Cameroon Gdp Growth Rate at 2.00 Percent  
The Gross Domestic Product (GDP) in Cameroon expanded 2 percent in the third quarter of 2013 over the previous quarter. Gdp Growth Rate in Cameroon is reported by the Institut National de la Statistique du Cameroun.
Cameroon GDP Annual Growth Rate at 6.10 Percent  
The Gross Domestic Product (GDP) in Cameroon expanded 6.10 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Cameroon is reported by the Institut National de la Statistique du Cameroun.
Cameroon Government Budget at -3.50 Percent of GDP  
Cameroon recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2012. Government Budget in Cameroon is reported by the Bank of Central African States.
Cameroon Industrial Production at -6.55 Percent  
Industrial Production in Cameroon decreased 6.55 percent in the fourth quarter of 2012 over the same quarter in the previous year. Industrial Production in Cameroon is reported by the Institut National de la Statistique du Cameroun.
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