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Economy of Afghanistan vs Cameroon compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $51.3B for Cameroon, ranking 137/197 and 92/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $21.9B (39.9% of GDP) in Cameroon.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Cameroon
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Cameroon
Current $ Constant $ Current $ Constant $
1960 - - $614,206,068 $4,827,329,402
1961 - - $652,777,608 $4,884,469,574
1962 - - $694,247,864 $5,033,033,600
1963 - - $718,320,845 $5,221,397,415
1964 - - $776,650,177 $5,406,608,720
1965 - - $814,083,266 $5,516,149,517
1966 - - $851,112,535 $5,770,717,369
1967 - - $936,175,260 $5,141,012,904
1968 - - $1,046,191,218 $5,467,278,233
1969 - - $1,100,551,489 $5,735,255,756
1970 - - $1,151,216,993 $5,912,593,777
1971 - - $1,236,941,394 $6,118,334,765
1972 - - $1,498,251,890 $6,281,929,449
1973 - - $1,901,393,361 $6,618,369,537
1974 - - $2,157,415,533 $7,328,802,680
1975 - - $2,857,037,371 $8,152,930,849
1976 - - $2,898,090,002 $7,704,916,015
1977 - - $3,394,664,024 $8,763,561,577
1978 - - $4,662,852,583 $10,691,808,462
1979 - - $5,919,002,983 $11,337,071,802
1980 - - $6,674,569,047 $11,114,265,274
1981 - - $6,610,938,617 $13,012,879,895
1982 - - $6,611,255,964 $13,990,954,313
1983 - - $6,870,200,010 $14,951,689,440
1984 - - $7,311,938,026 $16,069,264,314
1985 - - $8,544,810,498 $17,364,955,075
1986 - - $11,857,056,199 $18,540,851,327
1987 - - $13,049,659,981 $18,142,844,102
1988 - - $12,236,057,362 $16,723,414,750
1989 - - $11,012,566,195 $16,419,195,682
1990 - - $12,314,482,628 $15,416,689,238
1991 - - $11,840,192,296 $14,829,529,308
1992 - - $12,071,775,335 $14,369,813,424
1993 - - $16,181,814,713 $13,229,990,256
1994 - - $8,902,446,252 $13,478,291,934
1995 - - $10,864,772,471 $13,868,353,888
1996 - - $11,093,538,846 $14,452,915,010
1997 - - $10,789,458,433 $15,107,243,821
1998 - - $11,298,144,990 $15,821,141,893
1999 - - $11,565,826,465 $16,534,881,735
2000 $3,521,418,060 $6,206,547,590 $10,566,579,295 $17,168,567,485
2001 $2,813,571,754 $5,621,147,631 $10,953,485,349 $17,910,981,186
2002 $3,825,701,439 $7,228,795,919 $12,417,251,350 $18,712,860,619
2003 $4,520,946,819 $7,867,263,256 $15,970,315,035 $19,733,301,669
2004 $5,224,896,719 $7,978,515,642 $18,826,214,136 $21,124,275,033
2005 $6,203,256,539 $8,874,480,196 $19,509,852,207 $21,594,980,960
2006 $6,971,758,282 $9,349,921,886 $20,910,512,975 $22,417,659,743
2007 $9,747,886,187 $10,642,671,963 $23,928,250,433 $23,387,803,923
2008 $10,109,297,048 $11,060,395,116 $27,715,142,033 $24,053,813,244
2009 $12,416,152,732 $13,426,272,073 $27,932,970,317 $24,674,221,649
2010 $15,856,668,556 $15,354,612,542 $27,507,501,821 $25,389,533,435
2011 $17,805,098,206 $15,420,077,666 $30,630,910,495 $26,247,499,414
2012 $19,907,329,778 $17,386,490,239 $30,155,062,329 $27,461,703,152
2013 $20,146,416,758 $18,360,263,163 $33,728,621,180 $28,833,560,541
2014 $20,497,128,556 $18,860,496,494 $36,386,544,706 $30,482,787,768
2015 $19,134,221,645 $19,134,221,645 $32,210,233,020 $32,210,233,020
2016 $18,116,572,395 $19,566,715,174 $33,814,337,044 $33,671,222,913
2017 $18,753,456,498 $20,084,646,751 $36,098,547,033 $34,863,580,363
2018 $18,053,222,687 $20,323,499,020 $39,955,552,190 $36,242,614,249
2019 $18,799,444,490 $21,118,473,702 $39,667,757,528 $37,502,066,833
2020 $19,955,929,052 $20,621,957,125 $40,773,241,177 $37,599,547,049
2021 $14,259,995,441 $16,345,202,563 $45,011,937,347 $38,854,942,335
2022 $14,497,243,872 $15,325,233,810 $44,347,206,073 $40,306,867,605
2023 $17,152,234,637 $15,672,648,238 $49,279,410,983 $41,616,173,715
2024 - - $51,326,764,685 $43,143,796,435

Economic indicators

Afghanistan Cameroon
Gross domestic product
$17.2B
2023
$51.3B
2024
GDP rank
137/197
2023
92/197
2024
GDP growth
18.3%
2022-2023
4.15%
2023-2024
GDP per capita
$414
2023
$1,762
2024
GDP per capita rank
196/197
2023
159/197
2024
GDP per capita, PPP
$2,202
2023
$5,591
2024
Government debt
$1.42B
2023
$21.9B
2024
Debt-to-GDP ratio
8.25%
2023
39.9%
2025
Government debt per person
$34.2
2023
$752
2024
Government debt per person rank
185/185
2023
152/185
2024
Average annual personal income after taxes
$1,632
2025
$1,492
2025
Income share by richest 10% n/a
31.1%
2021
Income share by poorest 10% n/a
2.1%
2021
Government expenditure, % of GDP
17%
2023
16.3%
2025
Consumer prices inflation
-4.3%
2023-2024
4.53%
2023-2024
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
3.28%
2021
Population
44810409
30491011

GDP per capita in Afghanistan vs Cameroon

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $1,762 in Cameroon, ranking 159/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Cameroon ranks 155th at $5,591.

Afghanistan
GDP per capita

GDP per capita, PPP
Cameroon
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Cameroon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $119.1 -
1961 - - $124.6 -
1962 - - $130 -
1963 - - $131.6 -
1964 - - $139.2 -
1965 - - $142.7 -
1966 - - $145.8 -
1967 - - $156.6 -
1968 - - $170.8 -
1969 - - $175.2 -
1970 - - $178.5 -
1971 - - $186.7 -
1972 - - $220.1 -
1973 - - $271.8 -
1974 - - $299.9 -
1975 - - $386 -
1976 - - $381 -
1977 - - $435 -
1978 - - $582 -
1979 - - $718 -
1980 - - $784 -
1981 - - $750 -
1982 - - $732 -
1983 - - $746 -
1984 - - $772 -
1985 - - $875 -
1986 - - $1,179 -
1987 - - $1,258 -
1988 - - $1,145 -
1989 - - $1,001 -
1990 - - $1,087 $2,032
1991 - - $1,015 $1,963
1992 - - $1,005 $1,890
1993 - - $1,310 $1,731
1994 - - $701 $1,752
1995 - - $832 $1,790
1996 - - $827 $1,850
1997 - - $783 $1,915
1998 - - $799 $1,975
1999 - - $796 $2,039
2000 $174.9 $814 $709 $2,108
2001 $138.7 $748 $715 $2,191
2002 $179 $927 $790 $2,263
2003 $198.9 $967 $988 $2,368
2004 $221.8 $972 $1,133 $2,533
2005 $254.2 $1,076 $1,143 $2,598
2006 $274.2 $1,122 $1,191 $2,704
2007 $376 $1,287 $1,326 $2,818
2008 $382 $1,334 $1,492 $2,870
2009 $452 $1,571 $1,461 $2,879
2010 $561 $1,766 $1,399 $2,914
2011 $607 $1,744 $1,514 $2,989
2012 $651 $1,988 $1,449 $3,060
2013 $637 $2,133 $1,576 $3,239
2014 $625 $2,224 $1,649 $3,422
2015 $566 $2,284 $1,415 $3,498
2016 $522 $2,213 $1,442 $3,627
2017 $525 $2,336 $1,496 $3,767
2018 $491 $2,432 $1,611 $4,011
2019 $497 $2,583 $1,555 $4,241
2020 $511 $2,562 $1,556 $4,365
2021 $356 $2,144 $1,672 $4,794
2022 $357 $2,123 $1,605 $5,189
2023 $414 $2,202 $1,737 $5,406
2024 - - $1,762 $5,591

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Cameroon's spent $8.52B, or 16.3% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 39.9% in Cameroon, ranking 181/185 and 136/185, respectively.

Afghanistan
Government spending

Government debt
Cameroon
Government spending

Government debt
Year % of GDP
Afghanistan Cameroon
Government spending Government debt Government spending Government debt
1998 - - - 67.8%
1999 - - - 68.4%
2000 - - 14.6% 75.9%
2001 - - 14.6% 62.2%
2002 6.94% 346% 13.9% 56.6%
2003 11.9% 270.6% 13.2% 51.5%
2004 15.1% 245% 13.4% 51.7%
2005 15.7% 206.4% 12.4% 43.8%
2006 18.3% 23% 12.5% 18.4%
2007 21.4% 20.1% 13.5% 13.8%
2008 20.9% 19.1% 15.9% 11.2%
2009 21.2% 16.2% 14.7% 11.3%
2010 20.8% 7.7% 15.2% 14%
2011 21.9% 7.5% 17.8% 15%
2012 25% 6.76% 17.2% 14.9%
2013 25% 6.9% 19.2% 17.5%
2014 25.4% 8.7% 20.1% 20.7%
2015 25.9% 9.15% 20.1% 31.6%
2016 28% 8.44% 20.2% 32.1%
2017 27.7% 8% 19.2% 36.5%
2018 28.9% 7.38% 18% 38.3%
2019 28% 6.14% 18.7% 41.6%
2020 27.9% 7.33% 16.6% 44.9%
2021 17.9% 11.1% 17.1% 47.2%
2022 16.1% 10.6% 17.1% 45.6%
2023 17% 8.25% 17.1% 43.2%
2024 - - 16.6% 42.7%
2025 - - 16.3% 39.9%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Cameroon's deficit of -$312M, or -0.63% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Cameroon ran a deficit in 16 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -0.09% of GDP for Cameroon.

Deficit/surplus
Afghanistan

Cameroon
Year Deficit/surplus, % of GDP
Afghanistan Cameroon
2000 - 1.54%
2001 - 0.86%
2002 -0.1% 1.51%
2003 -2.1% 0.56%
2004 -2.39% -0.46%
2005 -0.92% 3.03%
2006 0.68% 28.2%
2007 -2.46% 3.87%
2008 -3.86% 2%
2009 -1.76% -0.04%
2010 0.93% -0.93%
2011 -0.67% -2.26%
2012 0.18% -1.4%
2013 -0.63% -3.55%
2014 -1.72% -4.09%
2015 -1.38% -4.25%
2016 0.13% -5.88%
2017 -0.67% -4.72%
2018 1.63% -2.41%
2019 -1.06% -3.24%
2020 -2.24% -3.19%
2021 -0.48% -3.01%
2022 -1% -1.11%
2023 -1.36% -0.63%
2024 - -0.6%
2025 - -0.84%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.67% in Cameroon. In 2024, inflation was -4.3% in Afghanistan and 4.53% in Cameroon.

Inflation
Afghanistan

Cameroon
Year Inflation
Afghanistan Cameroon Afghanistan Cameroon
1996 - 3.92%
1997 - 4.79%
1998 - 3.17%
1999 - 1.87%
2000 - 1.23%
2001 - 4.42%
2002 - 2.83%
2003 35.7% 0.62%
2004 16.4% 0.23%
2005 10.6% 2.01%
2006 6.8% 5.12%
2007 8.7% 0.92%
2008 26.4% 5.34%
2009 -6.8% 3.04%
2010 2.2% 1.28%
2011 11.8% 2.94%
2012 6.4% 2.74%
2013 7.4% 2.05%
2014 4.7% 1.85%
2015 -0.7% 2.68%
2016 4.4% 0.87%
2017 5% 0.64%
2018 0.6% 1.07%
2019 2.3% 2.45%
2020 5.6% 2.44%
2021 7.8% 2.27%
2022 10.6% 6.25%
2023 -7.7% 7.38%
2024 -4.3% 4.53%

Top exports between countries

Afghanistan
Export category Export value
Cameroon
Export category Export value
Processed food, beverages & tobacco $196K

Balance of trade

Afghanistan Cameroon
Current account balance
-$3.14B
2020
-$2.02B
2023
Current account balance ranking
157/189
2020
143/189
2023
Current account balance, % of GDP
-15.7%
2020
-4.1%
2023
Goods imports
$5.88B
2020
$7.74B
2023
Goods exports
$777M
2020
$6.34B
2023
Service imports
$1.11B
2020
$2.55B
2023
Service exports
$700M
2020
$2.01B
2023
Imports of goods and services, % of GDP
50.7%
2023
21.1%
2024
Exports of goods and services, % of GDP
16.9%
2023
14.7%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Cameroon
Economic freedom 53 52.1
Economic freedom ranking 142/197 149/197
Property rights 7.4 31.3
Government integrity 14.1 20.7
Judicial effectiveness 2.7 10.3
Tax burden 91.1 72.9
Government spending 76.1 91.2
Fiscal health 99.9 92.3
Business freedom 34.6 48.8
Labor freedom 45.1 46.5
Monetary freedom 80.8 73.7
Trade freedom 68.6 57.2
Investment freedom 10 30
Financial freedom 10 50

Economic freedom by year comparison

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 52.1 for Cameroon, ranking 149/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Afghanistan
Cameroon
Year Economic freedom index
Afghanistan Cameroon
1995 - 51.3
1996 - 45.7
1997 - 44.6
1998 - 48
1999 - 50.3
2000 - 49.9
2001 - 53.3
2002 - 52.8
2003 - 52.7
2004 - 52.3
2005 - 53
2006 - 54.6
2007 - 55.6
2008 - 54.3
2009 - 53
2010 - 52.3
2011 - 51.8
2012 - 51.8
2013 - 52.3
2014 - 52.6
2015 - 51.9
2016 - 54.2
2017 48.9 51.8
2018 51.3 51.9
2019 51.5 52.4
2020 54.7 53.6
2021 53 53.4
2022 - 52.9
2023 - 51.9
2024 - 53.6
2025 - 52.1

More economic indicators

Afghanistan Cameroon
Services, % of GDP
46.4%
2023
49.9%
2024
Industry, % of GDP
13.4%
2023
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
17.4%
2024
GNI, Atlas method
$15.5B
2023
$49B
2024
GNI per capita, PPP
$2,210
2023
$5,490
2024
Total reserves including gold
$9.75B
2020
$4.88B
2023
Total reserves ranking
78/177
2020
103/177
2023
Net foreign direct investment
$24.3M
2020
-$901M
2023
Net inflows of foreign direct investment
$20.6M
2021
$925M
2024
Net outflows of foreign direct investment
$30.8M
2021
$5.56M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
3.53%
2023
Poverty at national poverty lines
47.1%
2019
37.7%
2021
Gross capital formation, % of GDP
15.3%
2023
21.4%
2024

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.