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Economy of Cameroon vs Dominica compared: GDP & Debt

Updated on by Georank team

Cameroon has a GDP of $53.3B compared to $689M for Dominica, ranking 91/197 and 190/197 by economy size, respectively.

Cameroon has $22.8B in government debt (42.8% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Cameroon vs Dominica GDP by year

Cameroon
Dominica
1x
Year GDP, current $
Cameroon Dominica
2024 $53,296,694,320 $688,881,481
2023 $48,814,501,547 $659,311,111
2022 $44,347,206,073 $623,062,963
2021 $45,011,937,347 $562,911,111
2020 $40,773,241,177 $528,944,444
2019 $39,667,757,528 $644,259,259
2018 $39,955,552,190 $628,244,444
2017 $36,098,547,033 $563,355,556
2016 $33,814,337,044 $612,711,111
2015 $32,210,233,020 $583,177,778
2014 $36,386,544,706 $572,255,556
2013 $33,728,621,180 $545,325,926
2012 $30,155,062,329 $520,355,556
2011 $30,630,910,495 $532,081,481
2010 $27,507,501,821 $519,859,259
2009 $27,932,970,317 $515,618,519
2008 $27,715,142,033 $480,003,704
2007 $23,928,250,433 $444,685,185
2006 $20,910,512,975 $416,674,074
2005 $19,509,852,207 $391,455,556
2004 $18,826,214,136 $396,711,111
2003 $15,970,315,035 $373,318,519
2002 $12,417,251,350 $375,200,000
2001 $10,953,485,349 $377,462,963
2000 $10,566,579,295 $333,470,370
1999 $11,565,826,465 $331,759,259
1998 $11,298,144,990 $322,411,111
1997 $10,789,458,433 $302,988,889
1996 $11,093,538,846 $292,285,185
1995 $10,864,772,471 $274,522,222
1994 $8,902,446,252 $264,374,074
1993 $16,181,814,713 $245,525,926
1992 $12,071,775,335 $234,059,259
1991 $11,840,192,296 $219,762,963
1990 $12,314,482,628 $201,429,630
1989 $11,012,566,195 $185,137,243
1988 $12,236,057,362 $171,106,184
1987 $13,049,659,981 $151,868,754
1986 $11,857,056,199 $135,161,959
1985 $8,544,810,498 $119,491,933
1984 $7,311,938,026 $109,157,071
1983 $6,870,200,010 $98,665,191
1982 $6,611,255,964 $89,527,577
1981 $6,610,938,617 $82,107,391
1980 $6,674,569,047 $72,804,653
1979 $5,919,002,983 $55,017,759
1978 $4,662,852,583 $57,130,216
1977 $3,394,664,024 $45,872,947
1976 $2,898,090,002 -
1975 $2,857,037,371 -
1974 $2,157,415,533 -
1973 $1,901,393,361 -
1972 $1,498,251,890 -
1971 $1,236,941,394 -
1970 $1,151,216,993 -
1969 $1,100,551,489 -
1968 $1,046,191,218 -
1967 $936,175,260 -
1966 $851,112,535 -
1965 $814,083,266 -
1964 $776,650,177 -
1963 $718,320,845 -
1962 $694,247,864 -
1961 $652,777,608 -
1960 $614,206,068 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/cameroon/dominica | CC BY

GDP per capita in Cameroon vs Dominica by year

Cameroon
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cameroon Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,830 $5,589 $10,405 $21,301
2023 $1,720 $5,411 $9,913 $20,286
2022 $1,605 $5,189 $9,324 $18,802
2021 $1,672 $4,794 $8,376 $15,809
2020 $1,556 $4,365 $7,828 $14,244
2019 $1,555 $4,241 $9,491 $16,021
2018 $1,611 $4,011 $9,215 $15,070
2017 $1,496 $3,767 $8,225 $12,696
2016 $1,442 $3,627 $8,803 $12,945
2015 $1,415 $3,498 $8,283 $12,093
2014 $1,649 $3,422 $8,132 $12,083
2013 $1,576 $3,239 $7,822 $11,286
2012 $1,449 $3,060 $7,529 $10,921
2011 $1,514 $2,989 $7,705 $11,123
2010 $1,399 $2,914 $7,550 $10,924
2009 $1,461 $2,879 $7,487 $10,804
2008 $1,492 $2,870 $6,971 $10,862
2007 $1,326 $2,818 $6,459 $9,949
2006 $1,191 $2,704 $6,056 $9,200
2005 $1,143 $2,598 $5,695 $8,557
2004 $1,133 $2,533 $5,779 $8,232
2003 $988 $2,368 $5,447 $7,714
2002 $790 $2,263 $5,488 $7,167
2001 $715 $2,191 $5,528 $7,291
2000 $709 $2,108 $4,867 $7,111
1999 $796 $2,039 $4,817 $6,759
1998 $799 $1,975 $4,664 $6,617
1997 $783 $1,915 $4,372 $6,290
1996 $827 $1,850 $4,211 $6,041
1995 $832 $1,790 $3,952 $5,749
1994 $701 $1,752 $3,805 $5,465
1993 $1,310 $1,731 $3,536 $5,352
1992 $1,005 $1,890 $3,376 $5,125
1991 $1,015 $1,963 $3,171 $4,914
1990 $1,087 $2,032 $2,893 $4,667
1989 $1,001 - $2,639 -
1988 $1,145 - $2,423 -
1987 $1,258 - $2,138 -
1986 $1,179 - $1,893 -
1985 $875 - $1,666 -
1984 $772 - $1,515 -
1983 $746 - $1,363 -
1982 $732 - $1,232 -
1981 $750 - $1,125 -
1980 $784 - $996 -
1979 $718 - $754 -
1978 $582 - $786 -
1977 $435 - $634 -
1976 $381 - - -
1975 $386 - - -
1974 $299.9 - - -
1973 $271.8 - - -
1972 $220.1 - - -
1971 $186.7 - - -
1970 $178.5 - - -
1969 $175.2 - - -
1968 $170.8 - - -
1967 $156.6 - - -
1966 $145.8 - - -
1965 $142.7 - - -
1964 $139.2 - - -
1963 $131.6 - - -
1962 $130 - - -
1961 $124.6 - - -
1960 $119.1 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/cameroon/dominica | CC BY

Cameroon's GDP per capita is $1,830, ranking 158/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Cameroon ranks 156th at $5,589, while Dominica ranks 91st at $21,301.

Economic indicators

Cameroon Dominica
Gross domestic product
$53.3B
2024
$689M
2024
GDP rank
91/197
2024
190/197
2024
GDP growth
3.52%
2023-2024
2.05%
2023-2024
GDP per capita
$1,830
2024
$10,405
2024
GDP per capita rank
158/197
2024
84/197
2024
GDP per capita, PPP
$5,589
2024
$21,301
2024
GDP per capita PPP rank
156/197
2024
91/197
2024
Government debt
$22.8B
2024
$713M
2024
Debt-to-GDP ratio
42.8%
2024
103.5%
2024
Government debt per person
$784
2024
$10,765
2024
Government debt per person rank
152/185
2024
55/185
2024
Average annual personal income after taxes
$1,578
2026
$6,045
2026
Income share by richest 10%
31.1%
2021
n/a
Income share by poorest 10%
2.1%
2021
n/a
Government expenditure, % of GDP
16.7%
2024
60.9%
2024
Consumer prices inflation
4.53%
2023-2024
2.57%
2023-2024
Unemployment rate
3.28%
2021
11%
2001
Population
30864115
65539

Spending and national debt comparison by year

Cameroon
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Cameroon Dominica
Government spending Government debt Government spending Government debt
2024 16.7% 42.8% 60.9% 103.5%
2023 17.1% 43.1% 66.8% 103.2%
2022 17.1% 45.6% 72.7% 108.3%
2021 17.1% 47.2% 70.1% 113.6%
2020 16.6% 44.9% 70.1% 118.2%
2019 18.7% 41.6% 44% 89.1%
2018 18% 38.3% 66.7% 90%
2017 19.2% 36.5% 55.7% 86.7%
2016 20.2% 32.1% 45.8% 72.9%
2015 20.1% 31.6% 33.5% 71.1%
2014 20.1% 20.7% 33.3% 73.5%
2013 19.2% 17.5% 34.2% 75.6%
2012 17.2% 14.9% 36.6% 74%
2011 17.8% 15.9% 34.7% 68.6%
2010 15.2% 14% 39.7% 67.3%
2009 14.7% 11.3% 36.1% 62.8%
2008 15.9% 11.2% 35.9% 66.5%
2007 13.5% 13.8% 35.6% 74.9%
2006 12.5% 18.4% 30.9% 80.4%
2005 12.4% 43.8% 32.1% 84.9%
2004 13.4% 51.7% 30.1% 85.8%
2003 13.2% 51.5% 31.2% 98.2%
2002 13.9% 56.6% 29% 99.4%
2001 14.6% 62.2% 29.3% 97.5%
2000 14.6% 75.9% 38.9% 69.6%
1999 - 68.4% 35.3% 62%
1998 - 67.8% 33.5% 57.1%
1997 - - 29.1% 49.3%
1996 - - 29% 54.7%
1995 - - 29.7% 59.3%
1994 - - 27.7% 57%
1993 - - 26.1% 55.4%
1992 - - 28% 55.3%
1991 - - 29.9% 58.7%
1990 - - 32.9% 56.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/cameroon/dominica | CC BY

In 2024, Cameroon's government spending was $8.91B, accounting for 16.7% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 42.8% in Cameroon and 103.5% in Dominica, ranking 125/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Cameroon

Dominica
1x
Year Deficit/surplus, % of GDP
Cameroon Dominica
2024 -1.48% -2.28%
2023 -0.63% -4.66%
2022 -1.11% -7.49%
2021 -3.01% -8.61%
2020 -3.19% -7.91%
2019 -3.24% -7.95%
2018 -2.41% -18.1%
2017 -4.72% -3.37%
2016 -5.88% 11%
2015 -4.25% 11.8%
2014 -4.09% -5.65%
2013 -3.55% -2.95%
2012 -1.4% -5.48%
2011 -2.26% -4.34%
2010 -0.93% -3.41%
2009 -0.04% -0.31%
2008 2% 0.72%
2007 3.87% 1.88%
2006 28.2% 3.04%
2005 3.03% 0.98%
2004 -0.46% -0.67%
2003 0.56% 0.88%
2002 1.51% -4.13%
2001 0.86% -6.48%
2000 1.54% -8.75%
1999 - -9.2%
1998 - -6.08%
1997 - -2.31%
1996 - -1.62%
1995 - -2.97%
1994 - -3.42%
1993 - -1.46%
1992 - -2.28%
1991 - -3.08%
1990 - -4.87%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/cameroon/dominica | CC BY

In 2024, Cameroon's government deficit, the difference between spending and revenue, was $789M, equivalent to 1.48% of GDP. This compares to Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 25 years, Cameroon recorded a fiscal deficit in 17 of those years, while Dominica ran a deficit in 18 years. On average, Cameroon posted an annual deficit equal to 0.04% of GDP, compared to deficit of 2.89% of GDP for Dominica.

Inflation comparison by year

Inflation
Cameroon

Dominica
1x
Year Consumer prices inflation
Cameroon Dominica
2024 4.53% 2.57%
2023 7.38% 5.09%
2022 6.25% 2.88%
2021 2.27% 2.23%
2020 2.44% 1.22%
2019 2.45% 1.5%
2018 1.07% 0.99%
2017 0.64% 0.3%
2016 0.87% 0.14%
2015 2.68% -0.84%
2014 1.85% 0.8%
2013 2.05% -0.05%
2012 2.74% 1.36%
2011 2.94% 1.13%
2010 1.28% 3%
2009 3.04% 0.006%
2008 5.34% 6.36%
2007 0.92% 3.63%
2006 5.12% 2.2%
2005 2.01% 1.68%
2004 0.23% 2.39%
2003 0.62% 1.45%
2002 2.83% 0.17%
2001 4.42% 1.3%
2000 1.23% 0.86%
1999 1.87% 1.18%
1998 3.17% 1%
1997 4.79% 2.44%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/cameroon/dominica | CC BY

Over the past 28 years, Cameroon has recorded an average annual inflation rate of 2.75%, compared with 1.68% in Dominica. In 2024, inflation was 4.53% in Cameroon and 2.57% in Dominica.

Top exports between countries

Cameroon
Export category Export value
Wood & paper products $58K
Dominica
Export category Export value

Balance of trade

Cameroon Dominica
Current account balance
-$2.02B
2023
-$160M
2024
Current account balance ranking
144/190
2023
94/190
2024
Current account balance, % of GDP
-4.14%
2023
-23.2%
2024
Goods imports
$7.74B
2023
$231M
2024
Goods exports
$6.34B
2023
$22M
2024
Service imports
$2.55B
2023
$157M
2024
Service exports
$2.01B
2023
$191M
2024
Imports of goods and services, % of GDP
18.7%
2024
n/a
Exports of goods and services, % of GDP
15.7%
2024
8.5%
2025

Economic freedom indices

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

Cameroon Dominica
Economic freedom 52 56.1
Economic freedom ranking 151/197 124/197
Property rights 28.1 65.8
Government integrity 21 61.2
Judicial effectiveness 10.1 77.3
Tax burden 72.2 76.1
Government spending 91.4 0
Fiscal health 94.5 45.6
Business freedom 48.6 66.2
Labor freedom 45.6 49.8
Monetary freedom 75.3 77.7
Trade freedom 57.2 53.2
Investment freedom 30 60
Financial freedom 50 40

Economic freedom comparison by year

Cameroon
Dominica
1x
Year Economic freedom index
Cameroon Dominica
2026 52 56.1
2025 52.1 55.3
2024 53.6 54
2023 51.9 59.7
2022 52.9 54.4
2021 53.4 53
2020 53.6 60.8
2019 52.4 63.6
2018 51.9 64.5
2017 51.8 63.7
2016 54.2 67
2015 51.9 66.1
2014 52.6 65.2
2013 52.3 63.9
2012 51.8 61.6
2011 51.8 63.3
2010 52.3 63.2
2009 53 62.6
2008 54.3 -
2007 55.6 -
2006 54.6 -
2005 53 -
2004 52.3 -
2003 52.7 -
2002 52.8 -
2001 53.3 -
2000 49.9 -
1999 50.3 -
1998 48 -
1997 44.6 -
1996 45.7 -
1995 51.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/cameroon/dominica | CC BY

The Economic Freedom Index for Cameroon is 52, ranking 151/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cameroon Dominica
Services, % of GDP
50.7%
2024
56.9%
2024
Industry, % of GDP
23.2%
2024
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
18.5%
2024
12.2%
2024
GNI, Atlas method
$49.5B
2024
$677M
2024
GNI per capita, PPP
$5,490
2024
$21,410
2024
Total reserves including gold
$4.88B
2023
$156M
2024
Total reserves ranking
103/177
2023
172/177
2024
Net foreign direct investment
-$901M
2023
-$36.4M
2024
Net inflows of foreign direct investment
$888M
2024
$60M
2024
Net outflows of foreign direct investment
$63.4M
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
3.2%
2024
9.52%
2024
Poverty at national poverty lines
37.7%
2021
29%
2020
Gross capital formation, % of GDP
18.9%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/cameroon/dominica | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  8. TradeMap (2023, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.