The Gross Domestic Product (GDP) in Cameroon contracted 1.10 percent in the second quarter of 2020 over the same quarter of the previous year. source: Institut National de la Statistique du Cameroun

GDP Annual Growth Rate in Cameroon averaged 4.20 percent from 2003 until 2020, reaching an all time high of 8.50 percent in the fourth quarter of 2013 and a record low of -1.10 percent in the second quarter of 2020. This page provides the latest reported value for - Cameroon GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cameroon GDP Annual Growth Rate - values, historical data and charts - was last updated on January of 2021.

GDP Annual Growth Rate in Cameroon is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Cameroon to stand at 2.60 in 12 months time. In the long-term, the Cameroon GDP Annual Growth Rate is projected to trend around 4.30 percent in 2022, according to our econometric models.

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Cameroon GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 2.90 8.50 -1.10 2003 - 2020 percent Quarterly
2005=100

Cameroon GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -1.10 2.90 8.50 -1.10 percent [+]
GDP 38.76 38.69 38.76 0.62 USD Billion [+]
GDP per capita 1522.70 1502.20 1831.00 872.00 USD [+]
GDP per capita PPP 3652.70 3603.50 3652.70 2514.80 USD [+]
Gross Fixed Capital Formation 1314.80 1198.60 1314.80 969.40 XAF Billion [+]
GDP Constant Prices 4322.40 4066.30 4454.40 2439.90 XAF Billion [+]
GDP From Agriculture 354.60 218.90 354.60 193.70 XAF Billion [+]
GDP From Construction 287.20 242.20 287.20 183.20 XAF Billion [+]
GDP From Public Administration 475.40 470.90 575.40 391.70 XAF Billion [+]
GDP From Transport 236.70 229.80 256.00 196.70 XAF Billion [+]


Cameroon GDP Annual Growth Rate
Cameroon is a commodity dependent economy with oil accounting for over 50 percent of total exports. Yet, agriculture employs more than 50 percent of its workforce.