Cameroon Government Debt To GDP

Cameroon recorded a Government Debt to GDP of 6.50 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Cameroon is reported by the Bank of Central African States. From 1990 until 2011, Cameroon Government Debt To GDP averaged 48.1 Percent reaching an all time high of 131.4 Percent in December of 1994 and a record low of 5.1 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Cameroon Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.50 6.20 131.44 5.10 7.78 | 2014/06 1990 - 2011 Percent Yearly

TO

Cameroon Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 6.50 2011-12-31 6.20 131.44 5.10 7.78 2014-06-30 Percent [+]
Government Budget -3.50 2012-12-31 -2.70 33.00 -5.59 -5.15 2014-06-30 Percent of GDP [+]
Credit Rating 30.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Cameroon Gold Reserves at 0.00 Tonnes  
Gold Reserves in Cameroon remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Cameroon is reported by the World Gold Council.
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.
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