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%.
Cameroon GDP from 1980 to 2024
The total market value of goods and services produced annually in Cameroon.
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.
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)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
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 |