Because
of its modest oil resources and favorable agricultural conditions,
Cameroon has one of the best-endowed primary commodity economies in
sub-Saharan Africa. Still, it faces many of the serious problems
confronting other underdeveloped countries, such as stagnant per capita
income, a relatively inequitable distribution of income, a top-heavy
civil service, endemic corruption, and a generally unfavorable climate
for business enterprise. Since 1990, the government has embarked on
various IMF and World Bank programs designed to spur business
investment, increase efficiency in agriculture, improve trade, and
recapitalize the nation's banks. The IMF is pressing for more reforms,
including increased budget transparency, privatization, and poverty
reduction programs. Subsidies for electricity, food, and fuel have
strained the budget. Cameroon has several large infrastructure projects
under construction, including a deep sea port in Kribi and the Lom
Pangar Hydropower Project. It also recently opened a natural gas powered
electricity generating plant. Cameroon must attract more investment to
improve its inadequate infrastructure, but its business environment is a
deterrent to foreign investment.
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$53.16 billion (2013 est.)
country comparison to the world: 97
$50.85 billion (2012 est.)
$48.62 billion (2011 est.)
note:
data are in 2013 US dollars
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$27.88 billion (2013 est.)
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4.6% (2013 est.)
country comparison to the world: 64
4.6% (2012 est.)
4.1% (2011 est.)
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$2,400 (2013 est.)
country comparison to the world: 188
$2,400 (2012 est.)
$2,300 (2011 est.)
note:
data are in 2013 US dollars
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21.6% of GDP (2013 est.)
country comparison to the world: 71
21% of GDP (2012 est.)
19.8% of GDP (2011 est.)
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household consumption:
65.6%
government consumption:
16%
investment in fixed capital:
21.7%
investment in inventories:
0%
exports of goods and services:
31.7%
imports of goods and services:
-35%
(2013 est.)
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agriculture:
20.6%
industry:
27.3%
services:
52.1% (2013 est.)
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coffee, cocoa, cotton, rubber, bananas, oilseed, grains, cassava (manioc, tapioca); livestock; timber
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petroleum production and refining, aluminum production, food processing, light consumer goods, textiles, lumber, ship repair
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4.1% (2013 est.)
country comparison to the world: 70
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8.426 million (2013 est.)
country comparison to the world: 56
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agriculture:
70%
industry:
13%
services:
17% (2001 est.)
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30% (2001 est.)
country comparison to the world: 181
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48% (2000 est.)
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lowest 10%:
2.3%
highest 10%:
35.4% (2001)
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44.6 (2001)
country comparison to the world: 43
47.7 (1996)
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revenues:
$5.089 billion
expenditures:
$6.28 billion (2013 est.)
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18.3% of GDP (2013 est.)
country comparison to the world: 173
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-4.3% of GDP (2013 est.)
country comparison to the world: 154
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16.7% of GDP (2013 est.)
country comparison to the world: 140
16.1% of GDP (2012 est.)
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1 July - 30 June
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2.6% (2013 est.)
country comparison to the world: 97
2.9% (2012 est.)
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4.25% (31 December 2009 est.)
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$6.195 billion (31 December 2013 est.)
country comparison to the world: 123
$5.731 billion (31 December 2012 est.)
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$2.898 billion (31 December 2013 est.)
country comparison to the world: 126
$2.772 billion (31 December 2012 est.)
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-$1.461 billion (2013 est.)
country comparison to the world: 132
-$956.2 million (2012 est.)
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$6.002 billion (2013 est.)
country comparison to the world: 108
$6.015 billion (2012 est.)
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crude oil and petroleum products, lumber, cocoa beans, aluminum, coffee, cotton
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China 15.2%, Netherlands 9.7%, Spain 9.1%, India 8.6%, Portugal 8.1%, Italy 6%, US 5.5%, France 4% (2012)
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$6.795 billion (2013 est.)
country comparison to the world: 116
$6.321 billion (2012 est.)
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China 18.7%, France 14.9%, Nigeria 12.3%, Belgium 5.2%, US 4.4%, India 4.2% (2012)
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$3.353 billion (31 December 2013 est.)
country comparison to the world: 104
$3.431 billion (31 December 2012 est.)
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$3.455 billion (31 December 2013 est.)
country comparison to the world: 129
$3.207 billion (31 December 2012 est.)
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