Cameroon: Reserves

* indicates monthly or quarterly data series

Foreign exchange reserves including gold, billion USD

 Latest value 3.46
 Year 2018
 Measure billion U.S. dollars
 Data availability 1960 - 2018
 Average 0.79
 Min - Max 0.01 - 3.68
 Source The World Bank
For that indicator, we provide data for Cameroon from 1960 to 2018. The average value for Cameroon during that period was 0.79 billion U.S. dollars with a minimum of 0.01 billion U.S. dollars in 1993 and a maximum of 3.68 billion U.S. dollars in 2009. The latest value from 2018 is 3.46 billion U.S. dollars. For comparison, the world average in 2018 based on 169 countries is 73.62 billion U.S. dollars. 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 - Reserves - recent values

Historical chart
Cameroon - Reserves - historical chart - 1960-2018

The reserves of Cameroon and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Terms of trade 133.02 2021 percent
 Trade openness 40.64 2022 percent
 Exports, percent of GDP 19.41 2022 percent
 Exports, billion dollars 8.42 2022 billion U.S. dollars
 Growth of exports 3.35 2022 percent
 Imports, percent of GDP 20.50 2022 percent
 Imports, billion dollars 9.60 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.04 2022 percent
 Foreign Direct Investment, billion dollars 0.89 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.02 2021 million dollars (current)
 Current account, percent of GDP -1.70 2022 percent
 Current account, in dollars -1.51 2022 billion U.S. dollars
 Trade balance, percent of GDP -2.70 2022 percent
 Trade balance, in dollars -1.12 2022 billion U.S. dollars
 Reserves 3.46 2018 billion U.S. dollars
 Remittances, percent of GDP 0.84 2022 percent
 Remittances 297.25 2021 million U.S. dollars
 Net errors and omissions 26.14 2022 million USD
 External debt 34.51 2022 percent
 Short-term external debt 5.82 2022 percent
 Short-term debt to reserves 12.53 2018 percent
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