Cameroon has recorded a total of $272 billion (CFAF 161 trillion) in GDP between 2019 and 2024, marking steady economic progress despite a challenging global environment. Figures show that the country’s GDP rose from $39.7 billion in 2019 to $53.3 billion in 2024, reflecting consistent expansion.
The country’s agricultural sector continued to be a reliable growth engine, with cocoa exports receiving a major boost from a 123% increase in international prices in 2024. At the same time, livestock and fisheries posted additional gains, reinforcing the sector’s contribution to rural incomes and national food security.
Cameroon’s services industry also delivered strong results, now making up 55% of total GDP. In 2024, the sector grew by 4.2%, supported by vibrant activity in telecommunications, finance, and public administration. This performance reflects growing digital adoption, wider access to financial services, and improvements in government operations.
Industry added to the momentum, with the food processing sector expanding by 4.2% and construction advancing by 4.3%, signaling growth in infrastructure and local value creation. Together, these developments underline the resilience and potential of Cameroon’s economy, positioning the country for continued progress in the years ahead.
