Cameroon: Government debt

* indicates monthly or quarterly data series
 Cameroon

Government debt as percent of GDP

 Latest value 45.33
 Year 2022
 Measure percent
 Data availability 1998 - 2022
 Average 37.27
 Min - Max 11.15 - 75.88
 Source International Monetary Fund (IMF)
For that indicator, we provide data for Cameroon from 1998 to 2022. The average value for Cameroon during that period was 37.27 percent with a minimum of 11.15 percent in 2008 and a maximum of 75.88 percent in 2000. The latest value from 2022 is 45.33 percent. For comparison, the world average in 2022 based on 165 countries is 60.91 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Cameroon - Government debt - Recent values chart

Historical chart
Cameroon - Government debt - historical chart - 1998-2022




The government debt in Cameroon and other countries is calculated as the total amount owed by the national government to domestic and international lenders. It is reported as percent of GDP so that we can evaluate its magnitude relative to the size of the economy.

Government debt of about 60 percent or less of GDP is not considered a problem. The government can make payments without strain and even has some room to borrow more. If debt levels reach 80-90 percent that may have negative effects on the economy. Debt above 120 percent of GDP is quite detrimental.
Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 10.96 2022 percent
 Government spending, in dollars 5.42 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -0.90 2023 percent
 Government debt 45.33 2022 percent
 Government expenditure 724.80 Q3/2022 billion
 Tax revenue 11.35 2021 percent
 Commercial tax rate 57.70 2019 percent
 Tax preparation time 624 2019 hours
 Number of taxes 44 2019 taxes
 Taxes on goods and services 43.29 2021 percent
 Taxes on international trade 11.24 2021 percent
 Income and profits taxes 21.77 2021 percent
 Foreign aid 1,126.38 2021 million U.S. dollars
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