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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 578.54 555 549 544 538 476 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 2.00 1.7 1 0.8 1.4 1 percent [+]
GDP Annual Growth Rate 4.40 4.6 4 3.7 3.9 5.5 percent [+]
GDP 24.20 22.5 22.02 21.55 21.07 17.4 USD Billion [+]
GDP per capita 1357.10 1351 1350 1349 1347 1337 USD [+]
GDP per capita PPP 3045.90 3057 3050 3043 3036 2889 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.51 4.7 4.7 4.7 4.7 5.23 percent [+]
Population 23.44 24.05 24.2 24.35 24.5 25.86 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 0.50 1.75 1.6 1.7 1.5 1.2 percent [+]
Food Inflation -0.35 0.44 0.64 0.76 0.82 0.91 percent [+]
Consumer Price Index CPI 110.30 110 110 110 110 109 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 2.95 2.95 2.95 2.95 2.95 2.95 percent [+]
Deposit Interest Rate 2.45 2.49 2.5 2.52 2.54 2.72 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -922.70 -819 -793 -768 -742 -567 CFA Franc Billion [+]
Exports 3550.40 3213 3138 3063 2988 2522 CFA Franc Billion [+]
Imports 4473.10 4143 4029 3916 3802 3000 CFA Franc Billion [+]
Current Account -692.24 -632 -600 -569 -538 -465 FCFA Billion [+]
Current Account to GDP -4.80 -4.2 -3.6 -3.6 -4 -3 percent [+]
Crude Oil Production 85.00 85.24 85.37 85.5 85.62 86.5 BBL/D/1K [+]
Terrorism Index 7.00 5.83 5.65 5.48 5.3 4.33 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 23.60 22 25 25 32.52 30 percent [+]
Government Budget -6.90 -4.15 -3.59 -3.02 -2.45 0.11 percent of GDP [+]
Military Expenditure 380.10 387 387 386 386 357 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production 0.70 3.77 5.82 3.56 3.73 2.8 percent [+]
Internet Speed 2292.39 2302 2288 2268 2250 2091 KBps [+]
IP Addresses 25141.00 23835 23768 23777 23832 24660 IP [+]
Ease of Doing Business 163.00 163 163 163 164 168 [+]
Corruption Index 26.00 24 24 24 24 25 Points [+]
Corruption Rank 145.00 149 149 149 149 140 [+]
Competitiveness Index 3.65 3.61 3.61 3.61 3.61 3.54 Points [+]
Competitiveness Rank 116.00 115 115 115 115 117 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 33.00 36 36 37 37 38 percent [+]
Personal Income Tax Rate 35.00 35 35 35 35 35 percent [+]
Sales Tax Rate 19.25 19 19 19 19 19 percent [+]
Social Security Rate 20.40 19.01 19.01 19.01 19.01 19.01 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 2.81 2.81 2.81 2.81 2.81 percent [+]
CLIMATE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Precipitation 8.00 131 133 127 129 129 mm [+]
Temperature 23.00 24.34 24.34 24.34 24.34 24.34 celsius [+]