YEARBOOK

ECONOMIC REPORT

In partnership with the Presidencies, the Prime Ministers' Offices, the Ministries and the APIs

YEARBOOK ECONOMIC REPORT

Special Country

In partnership with the Presidencies, the Prime Ministers' Offices, the Ministries and the Investment Promotion Agencies

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Cameroon – Stylized Facts

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Cameroon – Stylized Facts

Cameroun faits stylisés

Bordering the Atlantic Ocean, Cameroon shares borders with the Central African Republic (CAR), Gabon, Equatorial Guinea, Nigeria, and Chad. The regions bordering Nigeria (Northwest and Southwest) are English-speaking, while the rest of the country is French-speaking. Cameroon, rich in natural resources (oil and gas, minerals, and precious woods) and agricultural resources (coffee, cotton, cocoa, maize, and cassava), is a lower-middle-income country. Cameroon's economy is the largest and most diversified in the region, accounting for 451,000 tons of CEMAC's GDP in 2021. 

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Official name: Republic of Cameroon / Republic of Cameroon

Head of State: Mr. Paul Biya, President of the Republic

Area: 475,442 km²

Capital: Yaounde

Main cities: Douala, Yaounde, Bafoussam, Garoua, Maroua

Official languages: French, English

Cash : CFA franc

National holiday: May 20

Population : 27.8 million inhabitants (2022)

Life expectancy: 60.3 years (2021)

Population growth: 2.5% per year (2021)

Religions: Christianity (35-40%), Islam (15-20%), animism (45%)

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GDP: 45.24 billion $ US (2021)

GDP per capita: 1,661.7 $ US (2021)

GDP growth: 4.3% in 2022 (forecast) 3.5% in 2021, 0.5% in 2020 (IMF)

Inflation : 6.251TP3Q in 2022, 2.31TP3Q in 2021, 2.51TP3Q in 2020

Unemployment : 3.9% of the population (modeled ILO estimate 2021)

Forest area: 43% of the territory or 22 million hectares

Access to electricity: 64.7% of the population (2020)

Internet users: 38% of the population (2020)

Seats held by women in national parliaments: 34% (2021)

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