[ Nominal GDP in billions of USD ]
Year -
$53.30 billions
Cameroon GDP expanded from 1960 to 2024, increasing from $0.61 billion to $53.30 billion.The compound annual growth rate (CAGR) averaged 7.23% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 44.99%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 53.30 Billions | $ 162.77 Int Billions |
| Growth (YoY) | 9.182% | 6.028% |
| Net Change vs Previous Year | $ 4.48 Billion | $ 9.25 Int Billion |
| % of World GDP | 0.05% | 0.08% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.61 | - | - | - | - | - |
| 1961 | 0.65 | 0.04 | 6.28 % | - | - | - |
| 1962 | 0.69 | 0.04 | 6.353 % | - | - | - |
| 1963 | 0.72 | 0.02 | 3.467 % | - | - | - |
| 1964 | 0.78 | 0.06 | 8.12 % | - | - | - |
| 1965 | 0.81 | 0.04 | 4.82 % | - | - | - |
| 1966 | 0.85 | 0.04 | 4.549 % | - | - | - |
| 1967 | 0.94 | 0.09 | 9.994 % | - | - | - |
| 1968 | 1.05 | 0.11 | 11.752 % | - | - | - |
| 1969 | 1.1 | 0.05 | 5.196 % | - | - | - |
| 1970 | 1.15 | 0.05 | 4.604 % | - | - | - |
| 1971 | 1.24 | 0.09 | 7.446 % | - | - | - |
| 1972 | 1.5 | 0.26 | 21.126 % | - | - | - |
| 1973 | 1.9 | 0.4 | 26.907 % | - | - | - |
| 1974 | 2.16 | 0.26 | 13.465 % | - | - | - |
| 1975 | 2.86 | 0.7 | 32.429 % | - | - | - |
| 1976 | 2.9 | 0.04 | 1.437 % | - | - | - |
| 1977 | 3.39 | 0.5 | 17.135 % | - | - | - |
| 1978 | 4.66 | 1.27 | 37.358 % | - | - | - |
| 1979 | 5.92 | 1.26 | 26.94 % | - | - | - |
| 1980 | 6.67 | 0.76 | 12.765 % | - | - | - |
| 1981 | 6.61 | -0.06 | -0.953 % | - | - | - |
| 1982 | 6.61 | 0 | 0.005 % | - | - | - |
| 1983 | 6.87 | 0.26 | 3.917 % | - | - | - |
| 1984 | 7.31 | 0.44 | 6.43 % | - | - | - |
| 1985 | 8.54 | 1.23 | 16.861 % | - | - | - |
| 1986 | 11.86 | 3.31 | 38.763 % | - | - | - |
| 1987 | 13.05 | 1.19 | 10.058 % | - | - | - |
| 1988 | 12.24 | -0.81 | -6.235 % | - | - | - |
| 1989 | 11.01 | -1.22 | -9.999 % | - | - | - |
| 1990 | 12.31 | 1.3 | 11.822 % | 23.03 | - | - |
| 1991 | 11.84 | -0.47 | -3.851 % | 22.9 | -0.13 | -0.556 % |
| 1992 | 12.07 | 0.23 | 1.956 % | 22.69 | -0.2 | -0.892 % |
| 1993 | 16.18 | 4.11 | 34.047 % | 21.39 | -1.3 | -5.75 % |
| 1994 | 8.9 | -7.28 | -44.985 % | 22.25 | 0.87 | 4.052 % |
| 1995 | 10.86 | 1.96 | 22.043 % | 23.38 | 1.12 | 5.051 % |
| 1996 | 11.09 | 0.23 | 2.106 % | 24.81 | 1.43 | 6.123 % |
| 1997 | 10.79 | -0.3 | -2.741 % | 26.38 | 1.57 | 6.33 % |
| 1998 | 11.3 | 0.51 | 4.715 % | 27.94 | 1.56 | 5.903 % |
| 1999 | 11.57 | 0.27 | 2.369 % | 29.61 | 1.67 | 5.99 % |
| 2000 | 10.57 | -1 | -8.64 % | 31.44 | 1.83 | 6.184 % |
| 2001 | 10.95 | 0.39 | 3.662 % | 33.54 | 2.1 | 6.673 % |
| 2002 | 12.42 | 1.46 | 13.363 % | 35.59 | 2.05 | 6.101 % |
| 2003 | 15.97 | 3.55 | 28.614 % | 38.27 | 2.68 | 7.535 % |
| 2004 | 18.83 | 2.86 | 17.883 % | 42.07 | 3.8 | 9.928 % |
| 2005 | 19.51 | 0.68 | 3.631 % | 44.35 | 2.29 | 5.434 % |
| 2006 | 20.91 | 1.4 | 7.179 % | 47.46 | 3.11 | 7.011 % |
| 2007 | 23.93 | 3.02 | 14.432 % | 50.86 | 3.4 | 7.154 % |
| 2008 | 27.72 | 3.79 | 15.826 % | 53.32 | 2.46 | 4.829 % |
| 2009 | 27.93 | 0.22 | 0.786 % | 55.03 | 1.71 | 3.212 % |
| 2010 | 27.51 | -0.43 | -1.523 % | 57.31 | 2.28 | 4.15 % |
| 2011 | 30.63 | 3.12 | 11.355 % | 60.47 | 3.16 | 5.512 % |
| 2012 | 30.16 | -0.48 | -1.553 % | 63.67 | 3.2 | 5.29 % |
| 2013 | 33.73 | 3.57 | 11.851 % | 69.32 | 5.65 | 8.874 % |
| 2014 | 36.39 | 2.66 | 7.88 % | 75.49 | 6.18 | 8.908 % |
| 2015 | 32.21 | -4.18 | -11.478 % | 79.62 | 4.12 | 5.463 % |
| 2016 | 33.81 | 1.6 | 4.98 % | 85.07 | 5.45 | 6.845 % |
| 2017 | 36.1 | 2.28 | 6.755 % | 90.9 | 5.83 | 6.859 % |
| 2018 | 39.96 | 3.86 | 10.685 % | 99.49 | 8.59 | 9.449 % |
| 2019 | 39.67 | -0.29 | -0.72 % | 108.17 | 8.68 | 8.726 % |
| 2020 | 40.77 | 1.11 | 2.787 % | 114.42 | 6.25 | 5.775 % |
| 2021 | 45.01 | 4.24 | 10.396 % | 129.02 | 14.6 | 12.761 % |
| 2022 | 44.35 | -0.66 | -1.477 % | 143.39 | 14.36 | 11.133 % |
| 2023 | 48.81 | 4.47 | 10.073 % | 153.52 | 10.13 | 7.066 % |
| 2024 | 53.3 | 4.48 | 9.182 % | 162.77 | 9.25 | 6.028 % |
Between 1960 to 2024, Cameroon experienced the following economic phases:
The most remarkable growth occurred in 1986 with an increase of 38.763%, while the largest decline was in 1994 at -44.985%.