The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

Cameroon

Cameroon Economic Outlook

The regional, economic, and financial environment has remained fragile and challenging, despite fiscal consolidation by Central African Economic and Monetary Community (CEMAC) countries, rising oil prices, and restrictive monetary policy in CEMAC, which led to improved economic performance in 2018. Real GDP growth reached an estimated 3.8% in 2018, up from 3.5% in 2017. Domestic demand (consumption and investment) was the mainstay of economic growth. The fiscal deficit continued to fall to an estimated 2.6% of GDP in 2018 from 4.9% in 2017 and 6.2% in 2016.

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Key Facts

Flag:
Capital: Yaounde
Area: 476,000 sq km
Total Population 2017: 24.5 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 32.6 Billion
GNI Per Capita 2015: US$ 3,290
Inflation Rate: 2.34%
Crude Birth Rate (per 1000): 35.20%
Human Development Index (rank / 188): 153
Human Development Index (scale 0 to 1): 0.518
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 1.7 Billion

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Contacts

Cameroon Country Office

Groupe de la Banque africaine de développement
Immeuble Foul’assi - 1067 bis rue 1750
Nouvelle Route Bastos,
BP 33178- Yaoundé, Cameroun

Tél : (237) 22202761 / 22202765
Fax : (237) 22 20 27 64

Mr. Solomane Kone , Country Manager

Department Central Africa Region

Mr. Ousmane Dore, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51

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