transparency, privatization, and poverty reduction programs.
International oil and cocoa prices have considerable impact on the
economy.
GDP (purchasing power parity):
$30.17 billion (2004 est.)
GDP - real growth rate:
4.9% (2004 est.)
GDP - per capita:
purchasing power parity - $1,900 (2004 est.)
GDP - composition by sector: agriculture: 43.7% industry: 20.1% services: 36.2% (2004 est.)
Labor force:
6.68 million (2004 est.)
Labor force - by occupation:
agriculture 70%, industry and commerce 13%, other 17%
Unemployment rate:
30% (2001 est.)
Population below poverty line:
48% (2000 est.)
Household income or consumption by percentage share: lowest 10%: 1.9% highest 10%: 36.6% (1996)
Distribution of family income - Gini index:
47.7 (1996)
Inflation rate (consumer prices):
1% (2004 est.)
Investment (gross fixed):
16.1% of GDP (2004 est.)
Budget:
revenues: $2.493 billion
expenditures: $2.248 billion, including capital expenditures of NA
(2004 est.)
Public debt:
69.1% of GDP (2004 est.)
Agriculture - products:
coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root
starches; livestock; timber
Industries:
petroleum production and refining, aluminum production, food
processing, light consumer goods, textiles, lumber, ship repair
Industrial production growth rate:
4.2% (1999 est.)
Electricity - production:
3.571 billion kWh (2002)
Electricity - production by source: fossil fuel: 2.7% hydro: 97.3% nuclear: 0% other: 0% (2001)
Electricity - consumption:
3.321 billion kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
94,000 bbl/day (2004 est.)
Oil - consumption:
22,000 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Oil - proved reserves:
80 million bbl (2004 est.)
Natural gas - production:
0 cu m (2001 est.)
Natural gas - consumption:
0 cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
55.22 billion cu m (2004)
Current account balance:
$-149.1 million (2004 est.)
Exports:
$2.445 billion f.o.b. (2004 est.)
Exports - commodities:
crude oil and petroleum products, lumber, cocoa beans, aluminum,
coffee, cotton
Exports - partners:
Spain 15.2%, Italy 12.3%, UK 10.2%, France 9.2%, US 8.8%, South
Korea 7.1%, Netherlands 4.3% (2004)
Imports:
$1.979 billion f.o.b. (2004 est.)
Imports - commodities:
machinery, electrical equipment, transport equipment, fuel, food
Imports - partners:
France 28.2%, Nigeria 9.9%, Belgium 7.6%, US 4.9%, China 4.8%,
Germany 4.6%, Italy 4.1% (2004)
Reserves of foreign exchange and gold:
$687.5 million (2004 est.)
Debt - external:
$8.46 billion (2004 est.)
Economic aid - recipient:
on 23 January 2001, the Paris Club agreed to reduce Cameroon's debt
of $1.3 billion by $900 million; debt relief now totals $1.26 billion
Currency (code):
Communaute Financiere Africaine franc (XAF); note - responsible
authority is the Bank of the Central African States
Currency code:
XAF
Exchange rates:
Communaute Financiere Africaine francs (XAF) per US dollar - 528.29
(2004), 581.2 (2003), 696.99 (2002), 733.04 (2001), 711.98 (2000)
Fiscal year:
1 July - 30 June
Communications Cameroon
Telephones - main lines in use:
110,900 (2002)
Telephones - mobile cellular:
1.077 million (2003)
Telephone system:
general assessment: available only to business and government
domestic: cable, microwave radio relay, and tropospheric scatter
international: country code - 237; satellite earth stations - 2
Intelsat (Atlantic Ocean); fiber optic submarine cable (SAT-3/WASC)
provides connectivity to Europe and Asia
Radio broadcast stations:
AM 2, FM 9, shortwave 3 (2002)
Radios:
2.27 million (1997)
Television broadcast stations:
1 (2002)
Televisions:
450,000 (1997)
Internet country code:
.cm
Internet hosts:
479 (2004)
Internet Service Providers (ISPs):
1 (2002)
Internet users: 60,000 (2002) note: Cameroon also had more than 100 cyber-cafes in 2001
Transportation Cameroon
Railways: total: 1,008 km narrow gauge: 1,008 km 1.000-m gauge (2004)
Highways: total: 34,300 km