Cameroon
Republic of Cameroon
French and English
Currency XAF
OHADA civil law
CEMAC • ECCAS • AfCFTA
Central African hub with ports at Douala and Kribi, a diverse base in hydrocarbons, agro-processing, timber, and services, and membership in the CEMAC monetary union. Authorities focus on macro stability, digitalisation of tax and customs, and crowding-in private investment while tackling infrastructure gaps and regional security risks.
Overview
Real activity expanded in recent years on non-oil services and agriculture, while inflation pressures moderated in 2025 within the CEMAC monetary union. Ongoing priorities include improving the business climate, deepening logistics at Douala and Kribi, and advancing energy, digital, and agribusiness value chains.
Snapshot
Population
~30.0 M 2025
IMF WEO Apr 2025
GDP current USD
$51.3 B 2024
World Bank WDI
GDP per Capita
$1,762 2024
World Bank WDI
Inflation y-o-y
~3.3% Jun 2025
Trading Economics
Policy Rate
4.5% Mar 2025
BEAC
Internet Use
~41.9% 2023
World Bank
Electrification
~72% 2023
Trading Economics series
Market Note
BVMAC regional exchange
BVMAC
Focus Sectors
Oil and Gas
Timber and Forestry
Cocoa and Agro-processing
Mining and Quarries
Power and Hydropower
Logistics, Ports, Corridors
Telecom and Mobile Money
Construction and Cement
Tourism and Ecotourism
Trade
Top Export Partners
- Chinamajor share
- Indiasignificant
- Netherlandssignificant
- Spainnotable
- Italynotable
WITS country snapshot
Top Export Goods
Crude oil and LNG
Cocoa beans and products
Sawn timber and logs
Aluminium and metals
Top Import Partners
- Chinalargest
- Francemajor
- Nigeriaregional
- Indianotable
- South Koreanotable
WITS and UN Comtrade
Top Import Goods
- Refined petroleumfuel imports
- Rice and wheatcereals
- Cars and trucksvehicles
- Machinery and equipmentcapital goods
- Pharmaceuticalshealth
WITS and OEC
Finance and Capital Markets
Currency and Policy
- CurrencyCFA franc BEAC — XAF
- Policy rate4.5% since Mar 2025
- Monetary unionCEMAC — BEAC sets policy
BEAC and regional releases
Markets
- ExchangeBVMAC — regional market
- ListingsGovernment bonds and selected equities
- Capital flowAccess via authorised banks
BVMAC
Regulations and Taxes
Start a Business
- Name check and statutes — CFCE
- Register company and obtain NIU — DGI
- Open bank account and deposit capital
- Sectoral licence if needed — relevant ministry
- E-filing for taxes and e-billing — DGI e-Impots
- Investment incentives — API Cameroon
CFCE • DGI • API
Key Taxes
- Corporate income tax33% headline
- VAT standard19.25%
- WHT Dividends / Interest16.5% / 16.5%
PwC WWTS 2025
Talent
Median Age
~18.0 yrs
UN via Worldometer 2025
Adult Literacy
~78.2%
World Bank (2020)
Tertiary Enrolment
~15.8% gross
UNESCO UIS (latest)
Languages
French and English official
Constitution and 2019 language law
Policy
- AfCFTARatified — trade facilitation ongoing
- Digital and taxE-filing portals and e-billing rollout
- LogisticsPort upgrades and corridor efficiency
Gov and IFIs
Risks
- SecurityNorthwest and Southwest unrest
- FX and financingRegional liquidity and access constraints
- Power and logisticsReliability and costs
World Bank and IMF notes
Resources
CFCE one-stop
DGI tax portal
e-Impots and OTP
API invest in Cameroon
BVMAC exchange
WITS trade snapshot
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Data Notes
GDP and GDP per capita: World Bank WDI 2024. Population 2025: IMF WEO Apr 2025. Inflation latest monthly: Trading Economics 2025. Policy rate: BEAC 2025. Internet users 2023: World Bank. Electrification 2023: Trading Economics. Taxes: PwC Worldwide Tax Summaries 2025. Trade partners and goods: WITS snapshot and OEC profile. Official languages: Constitution and 2019 bilingualism law.