forms, including increased budget
transparency, privatization, and poverty reduction programs. In
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.
International oil and cocoa prices have a significant impact on the
economy.
GDP (purchasing power parity):
$40.24 billion (2007 est.)
GDP (official exchange rate):
$20.65 billion (2007 est.)
GDP - real growth rate:
2.7% (2007 est.)
GDP - per capita (PPP):
$2,200 (2007 est.)
GDP - composition by sector:
agriculture: 43.9%
industry: 15.8%
services: 40.3% (2007 est.)
Labor force:
6.674 million (2007 est.)
Labor force - by occupation:
agriculture: 70%
industry: 13%
services: 17% (2001 est.)
Unemployment rate:
30% (2001 est.)
Population below poverty line:
48% (2000 est.)
Household income or consumption by percentage share:
lowest 10%: 2.3%
highest 10%: 35.4% (2001)
Distribution of family income - Gini index:
44.6 (2001)
Investment (gross fixed):
17.3% of GDP (2007 est.)
Budget:
revenues: $4.179 billion
expenditures: $3.297 billion (2007 est.)
Fiscal year:
1 July - 30 June
Public debt:
15.5% of GDP (2007 est.)
Inflation rate (consumer prices):
1.1% (2007 est.)
Commercial bank prime lending rate:
15% (31 December 2007)
Stock of money:
$2.616 billion (31 December 2007)
Stock of quasi money:
$1.698 billion (31 December 2007)
Stock of domestic credit:
$1.3 billion (31 December 2007)
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:
3.5% (2007 est.)
Electricity - production:
3.903 billion kWh (2006 est.)
Electricity - consumption:
3.323 billion kWh (2006 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
0 kWh (2007 est.)
Electricity - production by source:
fossil fuel: 2.7%
hydro: 97.3%
nuclear: 0%
other: 0% (2001)
Oil - production:
87,400 bbl/day (2008 est.)
Oil - consumption:
24,500 bbl/day (2006 est.)
Oil - exports:
108,800 bbl/day (2005)
Oil - imports:
50,750 bbl/day (2005)
Oil - proved reserves:
200 million
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