Country intelligence

Cameroon

Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026

Partner risk indices

Country Risk Index
56.9
Political Risk Index
55
Short-Term Economic Risk Index
47.3
Long-Term Economic Risk Index
46
Operational Risk Index
69

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

IndicatorValuePeriodSource
Real GDP growth3.5%2025 (estimate)IMF WEO
Inflation, average consumer prices3.5%2025 (estimate)IMF WEO
GDP, current pricesUS$59.2bn2025 (estimate)IMF WEO
GDP per capita, current pricesUS$1,9802025 (estimate)IMF WEO
General government gross debt40.5%2025 (estimate)IMF WEO
Government net lending (+) / borrowing (-)-2.1%2025 (estimate)IMF WEO
Current account balance-3.8%2025 (estimate)IMF WEO
Population29.9 million2025World Bank WDI
Population growth2.56%2025World Bank WDI
Urban population55.7%2025World Bank WDI
Unemployment (modelled ILO estimate)3.6%2025World Bank WDI
Foreign direct investment, net inflows1%2025World Bank WDI
External debt stocks30.3%2025World Bank WDI
Official exchange rate (period average)581.9 LCU per USD2025World Bank WDI
Trade (exports plus imports)33.4%2025World Bank WDI
Domestic credit to the private sector14.1%2019World Bank WDI
Internet users46.3%2024World Bank WDI
Mobile subscriptions108.2 per 100 people2024World Bank WDI
Fixed broadband subscriptions2.13 per 100 people2022World Bank WDI
Access to electricity72%2024World Bank WDI
Renewable share of final energy consumption79.2%2021World Bank WDI
Oil rents2.4%2021World Bank WDI
Fuel exports54.1%2023World Bank WDI
Mineral rents0%2021World Bank WDI
Ores and metals exports2.2%2023World Bank WDI
Agriculture, forestry and fishing, value added16.8%2025World Bank WDI
Employment in agriculture41.9%2025World Bank WDI
Manufacturing, value added14.6%2025World Bank WDI
Industry (including construction), value added24.8%2025World Bank WDI
Services, value added50.4%2025World Bank WDI
Political stability and absence of violence35.962025World Bank WGI
Regulatory quality41.952025World Bank WGI
Rule of law38.972025World Bank WGI
Control of corruption23.752025World Bank WGI
Government effectiveness36.072025World Bank WGI

Market overview

  • Cameroon is in Central Africa and is classified by the World Bank as Lower middle income. (World Bank)
  • Population: 29.9 million (2025). (World Bank WDI)
  • GDP: US$59.2bn in 2025 (estimate). (IMF WEO)

Economic conditions

  • Real GDP growth: 3.5% in 2025 (estimate); the IMF projects 3.2% for 2026. (IMF WEO)
  • Average consumer price inflation: 3.5% in 2025 (estimate); projected 3.4% for 2026. (IMF WEO)
  • General government gross debt: 40.5% of GDP in 2025 (estimate). (IMF WEO)
  • Current account balance: -3.8% of GDP in 2025 (estimate). (IMF WEO)
  • Government net lending/borrowing: -2.1% of GDP in 2025 (estimate). (IMF WEO)
  • Official exchange rate averaged 581.93 local currency units per US dollar in 2025, against 606.57 in 2023: 4.1% more units per dollar fewer (the currency strengthened against the dollar). (World Bank WDI)

Key risks

  • Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 56.9 (rank 24 of 53 in Africa, 1 = lowest risk); Political Risk Index 55 (rank 37 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 47.3 (rank 8 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 46 (rank 7 of 53 in Africa, 1 = lowest risk); Operational Risk Index 69 (rank 37 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
  • Highest-scoring Partner risk component: crime and security risk (74.4, operational). (Partner Research Partner)
  • World Bank governance scores (2025, 0-100, higher is better): control of corruption 24; government effectiveness 36; political stability and absence of violence 36; rule of law 39; regulatory quality 42. (World Bank WGI)
  • External debt stocks: 30.3% of GNI (2025). (World Bank WDI)
  • Unemployment (modelled ILO estimate): 3.6% of labour force (2025). (World Bank WDI)

Investment considerations

  • Foreign direct investment, net inflows: 1% of GDP (2025). (World Bank WDI)
  • Domestic credit to the private sector: 14.1% of GDP (2019). (World Bank WDI)
  • Trade (exports plus imports): 33.4% of GDP (2025). (World Bank WDI)
  • The Meridian holds 366 published records tagged to Cameroon. (The Meridian)

Sector snapshot

  • Energy and power: access to electricity 72% of population (2024); renewable share of final energy consumption 79.2% (2021). (World Bank WDI)
  • Mining and minerals: mineral rents 0% of GDP (2021); ores and metals exports 2.2% of merchandise exports (2023). (World Bank WDI)
  • Financial services: foreign direct investment, net inflows 1% of GDP (2025); domestic credit to the private sector 14.1% of GDP (2019). (World Bank WDI)
  • Technology, media and telecoms: internet users 46.3% of population (2024); mobile subscriptions 108.2 per 100 people (2024). (World Bank WDI)
  • Agriculture: agriculture, forestry and fishing, value added 16.8% of GDP (2025); employment in agriculture 41.9% of employment (2025). (World Bank WDI)
  • Manufacturing and industry: manufacturing, value added 14.6% of GDP (2025); industry (including construction), value added 24.8% of GDP (2025). (World Bank WDI)
  • Infrastructure and real estate: urban population 55.7% of population (2025); access to electricity 72% of population (2024). (World Bank WDI)

Data limitations and sources

  • Older data, shown with its period and not described as current: Domestic credit to the private sector (Latest published value is for 2019); Fixed broadband subscriptions (Latest published value is for 2022); Renewable share of final energy consumption (Latest published value is for 2021); Oil rents (Latest published value is for 2021); Fuel exports (Latest published value is for 2023); Mineral rents (Latest published value is for 2021); Ores and metals exports (Latest published value is for 2023).
  • IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
  • Sources last checked 15 Nov 2026.

Meridian transactions

Meridian articles

Economic baseline (World Bank / IMF)

GDP
$59.2bn2025
Real GDP growth
3.5%2025
GDP per capita
$1,9802025
Consumer price inflation
3.5%2025
Population
29.9m2025
Current account balance (% of GDP)
-3.8%2025
General government gross debt (% of GDP)
40.5%2025

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.

Investors active in Cameroon

All investors and indicators for Cameroon