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Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems facing other underdeveloped countries, such as stagnating per capita income, a relatively inequitable distribution of income, a top-heavy civil service, and a generally unfavorable climate for business enterprise. International oil and cocoa prices have a significant impact on the economy. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, incr...  More..

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Economy of Cameroon
SOURCE: CIA - The World Factbook
Currency Central African CFA Franc
Fiscal Year 01 July - 30 June
GDP (PPP) $42.76 billion (2009 est.)
GDP (per capita) $2,300 (2009 est.)
Exports $3.409 billion (2009 est.)
Imports $3.739 billion (2009 est.)
Main Industries Petroleum Production and Refining, Aluminum Production, Food Processing, Light Consumer Goods, Textiles, Lumber, Ship Repair
Exports - Commodities Crude Oil and Petroleum Products, Lumber, Cocoa Beans, Aluminum, Coffee, Cotton
Imports - Commodities Machinery, Electrical Equipment, Transport Equipment, Fuel, Food
Exports Partners Spain 19.4%, Italy 13.2%, US 10.4%, France 8%, Netherlands 7.9%, China 7.8% (2008)
Imports Partners France 21.2%, Nigeria 13.9%, China 9.6%, Belgium 6.1% (2008)

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