Cameroon | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Cameroon including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Cameroon economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 605.63 620 626 645 639 737 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.30 0.72 0.91 0.82 0.95 0.9 percent [+]
GDP Annual Growth Rate 3.70 4.7 4.5 4.6 3.75 5.5 percent [+]
GDP 28.40 30.72 29.95 29.18 29.24 28.74 USD Billion [+]
GDP per capita 1303.59 1316 1324 1333 1339 1387 USD [+]
GDP per capita PPP 2925.89 2944 2966 2987 2995 2968 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 4.00 4.82 4.32 4.3 4.28 5.23 percent [+]
Population 23.34 23.61 23.75 23.9 24.03 26.01 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.50 1.8 1.6 1.75 1.6 1.2 percent [+]
Food Inflation -0.50 -0.66 -0.67 -0.67 -0.67 -0.67 percent [+]
Consumer Price Index CPI 110.50 110 110 110 110 110 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 2.45 2.45 2.45 2.45 2.45 2.3 percent [+]
Deposit Interest Rate 2.45 2.5 2.45 2.41 2.4 2.37 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -1189.42 -1132 -1180 -1227 -1232 -1263 CFA Franc Billion [+]
Exports 2557.85 2203 2263 2324 2302 2184 CFA Franc Billion [+]
Imports 3747.28 3453 3401 3349 3290 2474 CFA Franc Billion [+]
Current Account -692.24 -620 -646 -671 -660 -761 FCFA Billion [+]
Current Account to GDP -4.30 -3.44 -3.48 -3.53 -3.49 -3.35 percent [+]
Gold Reserves 0.93 0.93 0.93 0.93 0.93 0.93 Tonnes [+]
Terrorism Index 7.00 6.78 6.87 6.96 6.96 6.97 [+]
Crude Oil Production 90.00 89.86 89.61 89.77 89.67 89.71 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 19.90 20.81 22.3 23.79 24.58 40.16 percent [+]
Government Budget -6.40 -5.56 -5.44 -5.33 -5.33 -5.29 percent of GDP [+]
Military Expenditure 415.00 412 414 417 418 422 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 9.30 8.55 10.65 8.99 7.81 8.8 percent [+]
Ease of Doing Business 166.00 166 166 166 166 166 [+]
Corruption Index 26.00 26 26 25 25 26 Points [+]
Corruption Rank 145.00 141 146 151 151 143 [+]
Competitiveness Index 3.58 3.6 3.6 3.6 3.6 3.47 Points [+]
Competitiveness Rank 119.00 115 115 115 116 118 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 33.00 33 33 33 33 33 percent [+]
Personal Income Tax Rate 35.00 35 35 35 35 35 percent [+]
Sales Tax Rate 19.25 19.25 19.25 19.25 19.25 19.25 percent [+]
Social Security Rate 20.40 19.7 20.05 20.4 20.4 20.4 percent [+]
Social Security Rate For Companies 16.20 16.2 16.2 16.2 16.2 16.2 percent [+]
Social Security Rate For Employees 4.20 3.5 3.85 4.2 4.2 4.2 percent [+]