Cameroon

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Country summary

Capital

Yaounde

Borders

Central African Republic 797 km, Chad 1,094 km, Republic of the Congo 523 km, Equatorial Guinea 189 km, Gabon 298 km, Nigeria 1,690 km

Government type

republic; multiparty presidential regime

Population

18,879,301[1]

Population growth

2.19% (2010 est.)[1]

Life expectancy

53.69 years[1]

Unemployment

30% (2001 est.)[1]

Index of Economic Freedom

132[2]

Corruption Perceptions Index

146[3]

Doing Business ranking

171[4]


The former French Cameroon and part of British Cameroon merged in 1961 to form the present country. Cameroon has generally enjoyed stability, which has permitted the development of agriculture, roads, and railways, as well as a petroleum industry. Despite slow movement toward democratic reform, political power remains firmly in the hands of President Paul BIYA.[1]

Economical characteristics

  • Currency: Central African CFA franc (ISO code: XAF)
  • Central bank discount rate: 4.75% (31 December 2008)[1]
  • Commercial banks lending rate: NA% (31 December 2008)[1]
  • Stock of money (M1): $2.881 billion (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $1.756 billion (31 December 2008)[1]

Notable events:

Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[6] 10 486 10 075 9 598 10 880 13 622 15 775 16 588 17 957 20 686 23 396
Govt. debt (% of GDP)[7] 91.663
Govt. revenue (% of GDP)[8] 14.058
Govt. expenses (% of GDP)[9] 12.002
Debt to revenue (years) 6.520

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Cameroon", from The World Factbook. Referenced 2010-10-01.
  2. Heritage Foundation. "Cameroon", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-01.
  3. Transparency International. "Cameroon", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-01.
  4. Doing Business. "Cameroon", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-01.
  5. Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 355. (The list does not claim to be complete.) Referenced 2011-07-19.
  6. World Bank. "Cameroon: GDP", from World Bank Data. Referenced 2010-10-01.
  7. World Bank. "Cameroon: government debt", from World Bank Data. Referenced 2010-10-01.
  8. World Bank. "Cameroon: government revenue", from World Bank Data. Referenced 2010-10-01.
  9. World Bank. "Cameroon: government expenses", from World Bank Data. Referenced 2010-10-01.

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