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Economy of Cameroon vs Dominican Republic compared: GDP & Debt

Updated on by Georank team

Cameroon has a GDP of $53.3B compared to $124B for the Dominican Republic, ranking 91/197 and 63/197 by economy size, respectively.

Cameroon has $22.8B in government debt (42.8% of GDP), compared to $73.1B (58.8% of GDP) in the Dominican Republic.

Cameroon vs Dominican Republic GDP by year

Cameroon
Dominican Republic
1x
Year GDP, current $
Cameroon Dominican Republic
2024 $53,296,694,320 $124,282,245,639
2023 $48,814,501,547 $120,456,239,154
2022 $44,347,206,073 $113,478,087,135
2021 $45,011,937,347 $94,850,719,517
2020 $40,773,241,177 $78,546,672,407
2019 $39,667,757,528 $89,146,130,745
2018 $39,955,552,190 $84,994,732,049
2017 $36,098,547,033 $79,070,274,743
2016 $33,814,337,044 $75,552,902,636
2015 $32,210,233,020 $70,966,782,572
2014 $36,386,544,706 $67,014,329,100
2013 $33,728,621,180 $62,555,417,415
2012 $30,155,062,329 $60,561,635,556
2011 $30,630,910,495 $57,948,261,616
2010 $27,507,501,821 $53,801,053,353
2009 $27,932,970,317 $48,223,781,477
2008 $27,715,142,033 $48,091,433,554
2007 $23,928,250,433 $43,965,458,509
2006 $20,910,512,975 $37,879,830,084
2005 $19,509,852,207 $35,777,560,684
2004 $18,826,214,136 $22,322,387,382
2003 $15,970,315,035 $21,403,167,848
2002 $12,417,251,350 $27,137,440,786
2001 $10,953,485,349 $25,601,823,688
2000 $10,566,579,295 $24,305,780,629
1999 $11,565,826,465 $22,136,579,397
1998 $11,298,144,990 $21,672,215,547
1997 $10,789,458,433 $20,017,450,041
1996 $11,093,538,846 $18,241,622,548
1995 $10,864,772,471 $16,637,370,839
1994 $8,902,446,252 $14,644,734,599
1993 $16,181,814,713 $13,081,042,400
1992 $12,071,775,335 $11,605,382,504
1991 $11,840,192,296 $9,824,483,340
1990 $12,314,482,628 $7,073,675,545
1989 $11,012,566,195 $6,686,593,060
1988 $12,236,057,362 $5,374,299,981
1987 $13,049,659,981 $5,827,050,753
1986 $11,857,056,199 $6,122,128,558
1985 $8,544,810,498 $5,044,579,979
1984 $7,311,938,026 $11,594,000,000
1983 $6,870,200,010 $9,220,600,000
1982 $6,611,255,964 $8,267,400,000
1981 $6,610,938,617 $7,561,300,000
1980 $6,674,569,047 $6,761,300,000
1979 $5,919,002,983 $5,498,800,000
1978 $4,662,852,583 $4,734,400,000
1977 $3,394,664,024 $4,587,100,000
1976 $2,898,090,002 $3,951,500,000
1975 $2,857,037,371 $3,599,200,000
1974 $2,157,415,533 $2,925,700,000
1973 $1,901,393,361 $2,344,800,000
1972 $1,498,251,890 $1,987,400,000
1971 $1,236,941,394 $1,666,500,000
1970 $1,151,216,993 $1,485,500,000
1969 $1,100,551,489 $1,230,500,000
1968 $1,046,191,218 $1,079,100,000
1967 $936,175,260 $1,034,800,000
1966 $851,112,535 $983,900,000
1965 $814,083,266 $888,100,000
1964 $776,650,177 $1,025,599,900
1963 $718,320,845 $940,799,900
1962 $694,247,864 $824,100,000
1961 $652,777,608 $654,100,200
1960 $614,206,068 $672,399,700

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

GeoRank.org/economy/cameroon/dominican-republic | CC BY

GDP per capita in Cameroon vs Dominican Republic by year

Cameroon
GDP per capita

GDP per capita, PPP
Dominican Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cameroon Dominican Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,830 $5,589 $10,876 $27,542
2023 $1,720 $5,411 $10,630 $25,840
2022 $1,605 $5,189 $10,104 $24,626
2021 $1,672 $4,794 $8,527 $22,053
2020 $1,556 $4,365 $7,135 $18,998
2019 $1,555 $4,241 $8,183 $19,767
2018 $1,611 $4,011 $7,883 $17,995
2017 $1,496 $3,767 $7,413 $16,846
2016 $1,442 $3,627 $7,160 $16,282
2015 $1,415 $3,498 $6,801 $14,804
2014 $1,649 $3,422 $6,496 $13,465
2013 $1,576 $3,239 $6,137 $12,414
2012 $1,449 $3,060 $6,014 $11,777
2011 $1,514 $2,989 $5,827 $11,695
2010 $1,399 $2,914 $5,479 $11,246
2009 $1,461 $2,879 $4,974 $10,382
2008 $1,492 $2,870 $5,024 $10,346
2007 $1,326 $2,818 $4,650 $9,951
2006 $1,191 $2,704 $4,055 $9,130
2005 $1,143 $2,598 $3,878 $8,215
2004 $1,133 $2,533 $2,452 $7,375
2003 $988 $2,368 $2,383 $7,098
2002 $790 $2,263 $3,066 $7,158
2001 $715 $2,191 $2,936 $6,848
2000 $709 $2,108 $2,831 $6,639
1999 $796 $2,039 $2,621 $6,305
1998 $799 $1,975 $2,608 $5,963
1997 $783 $1,915 $2,449 $5,618
1996 $827 $1,850 $2,271 $5,161
1995 $832 $1,790 $2,109 $4,871
1994 $701 $1,752 $1,892 $4,599
1993 $1,310 $1,731 $1,722 $4,474
1992 $1,005 $1,890 $1,558 $4,151
1991 $1,015 $1,963 $1,346 $3,722
1990 $1,087 $2,032 $989 $3,641
1989 $1,001 - $955 -
1988 $1,145 - $784 -
1987 $1,258 - $868 -
1986 $1,179 - $932 -
1985 $875 - $784 -
1984 $772 - $1,844 -
1983 $746 - $1,500 -
1982 $732 - $1,376 -
1981 $750 - $1,288 -
1980 $784 - $1,180 -
1979 $718 - $984 -
1978 $582 - $868 -
1977 $435 - $863 -
1976 $381 - $763 -
1975 $386 - $713 -
1974 $299.9 - $595 -
1973 $271.8 - $490 -
1972 $220.1 - $427 -
1971 $186.7 - $368 -
1970 $178.5 - $338 -
1969 $175.2 - $287.7 -
1968 $170.8 - $259.6 -
1967 $156.6 - $256.2 -
1966 $145.8 - $250.9 -
1965 $142.7 - $233.2 -
1964 $139.2 - $277.3 -
1963 $131.6 - $262.2 -
1962 $130 - $236.8 -
1961 $124.6 - $193.9 -
1960 $119.1 - $205.7 -

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

GeoRank.org/economy/cameroon/dominican-republic | CC BY

Cameroon's GDP per capita is $1,830, ranking 158/197, compared to $10,876 in the Dominican Republic, ranking 83/197. Adjusted for purchasing power (GDP per capita PPP), Cameroon ranks 156th at $5,589, while the Dominican Republic ranks 76th at $27,542.

Economic indicators

Cameroon Dominican Republic
Gross domestic product
$53.3B
2024
$124B
2024
GDP rank
91/197
2024
63/197
2024
GDP growth
3.52%
2023-2024
4.95%
2023-2024
GDP per capita
$1,830
2024
$10,876
2024
GDP per capita rank
158/197
2024
83/197
2024
GDP per capita, PPP
$5,589
2024
$27,542
2024
GDP per capita PPP rank
156/197
2024
76/197
2024
Government debt
$22.8B
2024
$73.1B
2024
Debt-to-GDP ratio
42.8%
2024
58.8%
2024
Government debt per person
$784
2024
$6,394
2024
Government debt per person rank
152/185
2024
71/185
2024
Average annual personal income after taxes
$1,578
2026
$6,547
2026
Income share by richest 10%
31.1%
2021
29.5%
2024
Income share by poorest 10%
2.1%
2021
2.3%
2024
Government expenditure, % of GDP
16.7%
2024
19.5%
2024
Consumer prices inflation
4.53%
2023-2024
3.3%
2023-2024
Central bank interest rate n/a
5.5%
2025
Unemployment rate
3.28%
2021
5.31%
2024
Population
30864115
11637906

Spending and national debt comparison by year

Cameroon
Spending

Debt
Dominican Republic
Spending

Debt
1x
Year % of GDP
Cameroon Dominican Republic
Government spending Government debt Government spending Government debt
2024 16.7% 42.8% 19.5% 58.8%
2023 17.1% 43.1% 19.1% 60.5%
2022 17.1% 45.6% 18.5% 59.6%
2021 17.1% 47.2% 18.4% 62.8%
2020 16.6% 44.9% 22.2% 71.8%
2019 18.7% 41.6% 17.8% 53.5%
2018 18% 38.3% 16.5% 50.8%
2017 19.2% 36.5% 17.3% 49.5%
2016 20.2% 32.1% 17% 46.7%
2015 20.1% 31.6% 16.7% 44.8%
2014 20.1% 20.7% 17% 45%
2013 19.2% 17.5% 18.5% 46.8%
2012 17.2% 14.9% 19.8% 42.4%
2011 17.8% 15.9% 16% 39.1%
2010 15.2% 14% 16.1% 37.4%
2009 14.7% 11.3% 16.2% 36.8%
2008 15.9% 11.2% 18.5% 33.6%
2007 13.5% 13.8% 16.3% 32.9%
2006 12.5% 18.4% 17% 36%
2005 12.4% 43.8% 15.5% 38.3%
2004 13.4% 51.7% 17.3% 34.3%
2003 13.2% 51.5% 17.2% 48.2%
2002 13.9% 56.6% 16.5% 21.5%
2001 14.6% 62.2% 14.9% 20.4%
2000 14.6% 75.9% 14.1% 16.7%
1999 - 68.4% 13.4% 16%
1998 - 67.8% 12.6% 13.2%
1997 - - 13.2% 13.8%
1996 - - 11.4% 23%
1995 - - 11% 25.7%
1994 - - 12.1% 28.5%
1993 - - 13% 36.1%
1992 - - 10.4% 38.5%
1991 - - 8.65% 47.3%
1990 - - 9.1% 84.7%
1989 - - 11.3% 62.5%
1988 - - 12.8% 77%
1987 - - 11.2% 86.9%
1986 - - 10.4% 63.8%
1985 - - 9.8% 66.3%
1984 - - 9.32% 28.9%
1983 - - 10.2% 32.9%
1982 - - 10.2% 33.1%
1981 - - 12.1% 29.8%
1980 - - 12.8% 15.2%
1979 - - 13.8% 24%
1978 - - 12.3% 20.9%
1977 - - 11.4% 16.4%
1976 - - 12.5% 15.6%
1975 - - 13.7% 13.1%
1974 - - 14.6% 14.6%
1973 - - 13.7% 14.6%
1972 - - 14.1% 16.4%
1971 - - 13.8% 17.8%
1970 - - 13.3% 18%
1969 - - 15.5% 17.4%
1968 - - 15.5% 18.1%
1967 - - 15% 16.2%
1966 - - 15.2% 14.5%
1965 - - 12.8% -
1964 - - 16.7% -
1963 - - 15.1% -
1962 - - 15.7% -
1961 - - 20% -
1960 - - 20.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/cameroon/dominican-republic | CC BY

In 2024, Cameroon's government spending was $8.91B, accounting for 16.7% of its GDP, while the Dominican Republic spent $24.2B, or 19.5% of GDP.

Debt-to-GDP ratio is 42.8% in Cameroon and 58.8% in the Dominican Republic, ranking 125/185 and 83/185, respectively.

Government deficit by year

Deficit/surplus
Cameroon

Dominican Republic
1x
Year Deficit/surplus, % of GDP
Cameroon Dominican Republic
2024 -1.48% -3.09%
2023 -0.63% -3.28%
2022 -1.11% -3.25%
2021 -3.01% -2.92%
2020 -3.19% -7.94%
2019 -3.24% -3.46%
2018 -2.41% -2.17%
2017 -4.72% -3.12%
2016 -5.88% -3.11%
2015 -4.25% -0.03%
2014 -4.09% -2.76%
2013 -3.55% -4.41%
2012 -1.4% -6.26%
2011 -2.26% -3.07%
2010 -0.93% -2.97%
2009 -0.04% -2.9%
2008 2% -3.43%
2007 3.87% 0.28%
2006 28.2% -1.69%
2005 3.03% -0.71%
2004 -0.46% -3.6%
2003 0.56% -4.24%
2002 1.51% -2.28%
2001 0.86% -0.73%
2000 1.54% -0.86%
1999 - -0.79%
1998 - -0.29%
1997 - -0.64%
1996 - 0.14%
1995 - 0.82%
1994 - -0.39%
1993 - -0.16%
1992 - 2.35%
1991 - 0.11%
1990 - 0.39%
1989 - -0.09%
1988 - -1.68%
1987 - -0.75%
1986 - -0.57%
1985 - -1.27%
1984 - -0.95%
1983 - -1.74%
1982 - -2.4%
1981 - -1.92%
1980 - -1.82%
1979 - -3.26%
1978 - -0.82%
1977 - 0.15%
1976 - -0.22%
1975 - 1.37%
1974 - -0.93%
1973 - -0.53%
1972 - -1.73%
1971 - -0.85%
1970 - -0.68%
1969 - -0.99%
1968 - -0.99%
1967 - -1.68%
1966 - -2.14%
1965 - -1.84%
1964 - -1.36%
1963 - -0.39%
1962 - -1.17%
1961 - -3%
1960 - -0.61%
1959 - -0.29%
1958 - -1.29%
1957 - 0.21%
1956 - -0.05%
1955 - 1.47%
1954 - 1.43%
1953 - 2.79%
1952 - 0%
1951 - -2.58%
1950 - -3.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/cameroon/dominican-republic | 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 the Dominican Republic's deficit of $3.84B, or 3.09% of GDP.

Over the past 25 years, Cameroon recorded a fiscal deficit in 17 of those years, while the Dominican Republic ran a deficit in 24 years. On average, Cameroon posted an annual deficit equal to 0.04% of GDP, compared to deficit of 2.88% of GDP for the Dominican Republic.

Inflation comparison by year

Inflation
Cameroon

Dominican Republic
1x
Year Consumer prices inflation
Cameroon Dominican Republic
2024 4.53% 3.3%
2023 7.38% 4.79%
2022 6.25% 8.81%
2021 2.27% 8.24%
2020 2.44% 3.78%
2019 2.45% 1.81%
2018 1.07% 3.56%
2017 0.64% 3.28%
2016 0.87% 1.61%
2015 2.68% 0.84%
2014 1.85% 3%
2013 2.05% 4.83%
2012 2.74% 3.69%
2011 2.94% 5.8%
2010 1.28% 6.33%
2009 3.04% 1.44%
2008 5.34% 10.6%
2007 0.92% 6.14%
2006 5.12% 7.57%
2005 2.01% 4.19%
2004 0.23% 51.5%
2003 0.62% 27.4%
2002 2.83% 5.22%
2001 4.42% 8.88%
2000 1.23% 7.72%
1999 1.87% 6.47%
1998 3.17% 4.83%
1997 4.79% 8.3%

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

GeoRank.org/economy/cameroon/dominican-republic | CC BY

Over the past 28 years, Cameroon has recorded an average annual inflation rate of 2.75%, compared with 7.64% in the Dominican Republic. In 2024, inflation was 4.53% in Cameroon and 3.3% in the Dominican Republic.

Top exports between countries

Cameroon
Export category Export value
Wood & paper products $1.04M
Processed food, beverages & tobacco $2K
Dominican Republic
Export category Export value
Metals $52K
Raw agricultural goods $27K
Processed food, beverages & tobacco $3K

Balance of trade

Cameroon Dominican Republic
Current account balance
-$2.02B
2023
-$4.17B
2024
Current account balance ranking
144/190
2023
163/190
2024
Current account balance, % of GDP
-4.14%
2023
-3.35%
2024
Goods imports
$7.74B
2023
$29.8B
2024
Goods exports
$6.34B
2023
$13.9B
2024
Service imports
$2.55B
2023
$6.34B
2024
Service exports
$2.01B
2023
$14.7B
2024
Imports of goods and services, % of GDP
18.7%
2024
29%
2024
Exports of goods and services, % of GDP
15.7%
2024
22.8%
2024

Economic freedom indices

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

Cameroon Dominican Republic
Economic freedom 52 63.8
Economic freedom ranking 151/197 77/197
Property rights 28.1 53.9
Government integrity 21 39.8
Judicial effectiveness 10.1 58
Tax burden 72.2 84.4
Government spending 91.4 89.1
Fiscal health 94.5 76.6
Business freedom 48.6 71.4
Labor freedom 45.6 53.2
Monetary freedom 75.3 72.1
Trade freedom 57.2 67.4
Investment freedom 30 60
Financial freedom 50 40

Economic freedom comparison by year

Cameroon
Dominican Republic
1x
Year Economic freedom index
Cameroon Dominican Republic
2026 52 63.8
2025 52.1 64.3
2024 53.6 62.9
2023 51.9 62.6
2022 52.9 63
2021 53.4 62.1
2020 53.6 60.9
2019 52.4 61
2018 51.9 61.6
2017 51.8 62.9
2016 54.2 61
2015 51.9 61
2014 52.6 61.3
2013 52.3 59.7
2012 51.8 60.2
2011 51.8 60
2010 52.3 60.3
2009 53 59.2
2008 54.3 57.7
2007 55.6 56.8
2006 54.6 56.3
2005 53 55.1
2004 52.3 54.6
2003 52.7 57.8
2002 52.8 58.6
2001 53.3 59.1
2000 49.9 59
1999 50.3 58.1
1998 48 58.1
1997 44.6 53.5
1996 45.7 58.1
1995 51.3 55.8

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

GeoRank.org/economy/cameroon/dominican-republic | CC BY

The Economic Freedom Index for Cameroon is 52, ranking 151/197, compared to 63.8 for the Dominican Republic, ranking 77/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cameroon Dominican Republic
Services, % of GDP
50.7%
2024
59.8%
2024
Industry, % of GDP
23.2%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
18.5%
2024
4.45%
2024
GNI, Atlas method
$49.5B
2024
$117B
2024
GNI per capita, PPP
$5,490
2024
$26,050
2024
Total reserves including gold
$4.88B
2023
$13.5B
2024
Total reserves ranking
103/177
2023
71/177
2024
Net foreign direct investment
-$901M
2023
-$4.52B
2024
Net inflows of foreign direct investment
$888M
2024
$4.48B
2024
Net outflows of foreign direct investment
$63.4M
2024
-$47.3M
2024
Servicing debt to the IMF, % of GNI
3.2%
2024
5.62%
2024
Poverty at national poverty lines
37.7%
2021
19%
2024
Gross capital formation, % of GDP
18.9%
2024
27%
2024

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/dominican-republic | 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 (1997–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.