Cameroon GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Cameroon's GDP changed from approximately $8B 850M in 1980 to $53B 205M in 2024, showing an overall 501.2% sharply increased during the period.
The lowest GDP was recorded in 1980 at $8B 850M, and the highest in 2024 at $53B 205M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.2%.
For comparison, the average annual growth rate of Nigeria was 4.2%, and that of Gabon was 3.5%.

Overview of Cameroon's GDP (1980–2024)

The Gross Domestic Product (GDP) of Cameroon recorded a 501.2% sharply increased from 1980 to 2024.
The average GDP during this period was $22B 431M, and the median was $16B 325M.
GDP fluctuated within a range of $44B 355M, with a standard deviation of $12B 745M.
The average annual change was $875M 786K.


Cameroon GDP from 1980 to 2024

The total market value of goods and services produced annually in Cameroon.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1980, $8B 850M
    • Highest GDP: 2024, $53B 205M
    • Most Recent GDP: 2024, $53B 205M

    Notable Annual GDP Changes

    • 2021: Significant increase in GDP
    • 1994: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Cameroon's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $39B 673M → $40B 863M
    • Outcome: increased

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $23B 931M → $27B 903M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $10B 245M → $10B 950M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $11B 352M → $11B 338M
    • Outcome: remained stable

    Key Economic Indicators of Cameroon (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 8B 850M
    $ 1,004.85
    $ 1,262.86
    $ 11B 123M
    9.9 %
    -5.033 %
    15.56 %
    0 %
    8M 808K people
    1981
    $ 10B 26M
    $ 1,106.19
    $ 1,572.32
    $ 14B 251M
    17.051 %
    -4.804 %
    17.59 %
    0 %
    9M 64K people
    1982
    $ 9B 616M
    $ 1,031.86
    $ 1,746.59
    $ 16B 276M
    7.563 %
    -4.012 %
    15.51 %
    0 %
    9M 319K people
    1983
    $ 9B 692M
    $ 1,012.33
    $ 1,887.54
    $ 18B 71M
    6.844 %
    -4.25 %
    18.99 %
    0 %
    9M 574K people
    1984
    $ 10B 243M
    $ 1,041.93
    $ 2,046.74
    $ 20B 121M
    7.468 %
    -1.649 %
    20.99 %
    0 %
    9M 831K people
    1985
    $ 10B 698M
    $ 1,059.93
    $ 2,223.35
    $ 22B 441M
    8.107 %
    -5.249 %
    14.91 %
    0 %
    10M 93K people
    1986
    $ 13B 945M
    $ 1,344.53
    $ 2,357.14
    $ 24B 447M
    6.791 %
    -3.24 %
    15.51 %
    0 %
    10M 372K people
    1987
    $ 16B 152M
    $ 1,514.22
    $ 2,298.06
    $ 24B 514M
    -2.153 %
    -5.527 %
    12.19 %
    0 %
    10M 667K people
    1988
    $ 16B 402M
    $ 1,493.90
    $ 2,129.55
    $ 23B 382M
    -7.865 %
    -2.6 %
    12.19 %
    0 %
    10M 980K people
    1989
    $ 14B 626M
    $ 1,292.83
    $ 2,109.89
    $ 23B 869M
    -1.77 %
    -1.982 %
    11.80 %
    0 %
    11M 313K people
    1990
    $ 14B 641M
    $ 1,255.12
    $ 1,991.97
    $ 23B 237M
    -6.161 %
    -3.765 %
    12.34 %
    0 %
    11M 665K people
    1991
    $ 16B 325M
    $ 1,357.68
    $ 1,922.61
    $ 23B 118M
    -3.764 %
    -2.056 %
    12.36 %
    0 %
    12M 25K people
    1992
    $ 14B 963M
    $ 1,207.54
    $ 1,850.06
    $ 22B 924M
    -3.05 %
    -2.445 %
    11.32 %
    0 %
    12M 391K people
    1993
    $ 15B 611M
    $ 1,222.98
    $ 1,780.43
    $ 22B 726M
    -3.158 %
    -3.281 %
    12.38 %
    0 %
    12M 764K people
    1994
    $ 10B 622M
    $ 808.04
    $ 1,721.74
    $ 22B 632M
    -2.495 %
    -0.528 %
    16.47 %
    0 %
    13M 145K people
    1995
    $ 10B 75M
    $ 745.55
    $ 1,766.46
    $ 23B 870M
    3.304 %
    0.892 %
    18.23 %
    0 %
    13M 513K people
    1996
    $ 11B 227M
    $ 808.21
    $ 1,835.76
    $ 25B 501M
    4.912 %
    -2.553 %
    16.67 %
    0 %
    13M 892K people
    1997
    $ 11B 352M
    $ 794.94
    $ 1,913.09
    $ 27B 320M
    5.314 %
    -5.129 %
    15.78 %
    0 %
    14M 280K people
    1998
    $ 11B 338M
    $ 772.30
    $ 1,974.02
    $ 28B 979M
    4.895 %
    -1.33 %
    16.27 %
    0 %
    14M 680K people
    1999
    $ 11B 553M
    $ 765.54
    $ 2,026.54
    $ 30B 583M
    4.062 %
    -4.411 %
    14.79 %
    0 %
    15M 91K people