As
per International Monetary Fund (IMF) Cameroon’s nominal gross domestic product
is expected to grow at a CAGR of 6.01% from it’s 2015 level of CFA 16807.04
billion and reach CFA 25286 billion by 2022.
Cameroon,
officially the Republic of Cameroon, is a country in the west Central Africa
region. It shares its borders with Nigeria to the west, Chad to the northeast,
the Central African Republic to the east, and Equatorial Guinea, Gabon, and the
Republic of the Congo to the south. Cameroon's coastline lies on the Bight of
Bonny, part of the Gulf of Guinea and the Atlantic Ocean. The country was
renamed the United Republic of Cameroon in 1972 and the Republic of Cameroon in
1984.
Cameroon
had estimated population of 23.685 million in the year 2016 and expected to
reach 27.468 million by 2022 growing at a CAGR of 2.50%.
Cameroon’s
real gross domestic product (GDP) was around CFA 12319.06 billions in 2016
whereas the nominal GDP was CFA 17386.42 billions. This resulted in GDP
deflator 141.134. Per capita GDP was estimated at USD 1238.49 whereas
purchasing power parity (PPP) based per capita GDP was estimated to be at USD
3248.78.
In
2016, Cameroon government’s revenue was CFA 2890.22 billions whereas the
expenditure was CFA 3707.80 billions. This resulted Cameroon government’s net
lending / borrowing negative at CFA 817.572 billion in 2016 indicating that
enough financial resources were not made available by the government to boost
economic growth.
The
current account balance for Cameroon was estimated to be at USD 1.052 billions
for the year 2016 and is expected to decrease at a CAGR of 1.052% and reach USD
0.643 by 2022. This negative current account balance indicates the Cameroon is
net borrower from the whole world.
Scope of the Cameroon PESTEL Analysis, SWOT Analysis and
Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Cameroon.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Cameroon.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Cameroon.
- These reports provide risk analysis for Cameroon.
For
more information and to purchase Cameroon
PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/cameroon-pestel-analysis-market-research-report
For
more information and to purchase Cameroon
SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/cameroon-swot-analysis-market-research-report
For
more information and to purchase Cameroon
Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/cameroon-risk-analysis-market-research-report
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