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Economy of Cameroon vs DR Congo compared: GDP & Debt

Updated on by Georank team

Cameroon has a GDP of $51.3B compared to $70.7B for the DR Congo, ranking 92/197 and 87/197 by economy size, respectively.

Cameroon has $21.9B in government debt (39.9% of GDP), compared to $13.7B (16.3% of GDP) in the DR Congo.

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

Cameroon
GDP, current $

GDP, constant 2015 $
DR Congo
GDP, current $

GDP, constant 2015 $
Year GDP
Cameroon DR Congo
Current $ Constant $ Current $ Constant $
1960 $614,206,068 $4,827,329,402 $3,359,404,118 $19,168,015,352
1961 $652,777,608 $4,884,469,574 $3,086,746,857 $17,088,021,918
1962 $694,247,864 $5,033,033,600 $3,779,841,429 $20,710,801,757
1963 $718,320,845 $5,221,397,415 $6,213,185,743 $21,790,660,917
1964 $776,650,177 $5,406,608,720 $2,881,545,273 $21,258,920,074
1965 $814,083,266 $5,516,149,517 $4,043,901,818 $21,470,945,657
1966 $851,112,535 $5,770,717,369 $4,532,660,182 $22,925,706,424
1967 $936,175,260 $5,141,012,904 $3,384,063,372 $22,699,718,873
1968 $1,046,191,218 $5,467,278,233 $3,909,780,539 $23,683,229,244
1969 $1,100,551,489 $5,735,255,756 $5,032,434,970 $25,892,599,200
1970 $1,151,216,993 $5,912,593,777 $4,877,684,910 $25,829,147,683
1971 $1,236,941,394 $6,118,334,765 $5,594,770,359 $27,380,192,668
1972 $1,498,251,890 $6,281,929,449 $6,173,712,814 $27,421,573,863
1973 $1,901,393,361 $6,618,369,537 $7,870,239,461 $29,652,942,981
1974 $2,157,415,533 $7,328,802,680 $9,596,960,180 $30,581,253,827
1975 $2,857,037,371 $8,152,930,849 $10,237,343,174 $29,057,808,604
1976 $2,898,090,002 $7,704,916,015 $9,648,583,225 $27,515,128,941
1977 $3,394,664,024 $8,763,561,577 $12,344,424,764 $27,724,462,281
1978 $4,662,852,583 $10,691,808,462 $15,372,608,002 $26,242,508,948
1979 $5,919,002,983 $11,337,071,802 $15,068,422,236 $26,355,374,899
1980 $6,674,569,047 $11,114,265,274 $14,394,927,495 $26,933,852,428
1981 $6,610,938,617 $13,012,879,895 $12,537,821,038 $27,566,939,114
1982 $6,611,255,964 $13,990,954,313 $13,651,667,371 $27,440,771,406
1983 $6,870,200,010 $14,951,689,440 $11,006,712,650 $27,828,153,788
1984 $7,311,938,026 $16,069,264,314 $7,857,729,193 $29,370,132,388
1985 $8,544,810,498 $17,364,955,075 $7,195,042,616 $29,507,540,832
1986 $11,857,056,199 $18,540,851,327 $8,095,367,168 $30,899,473,397
1987 $13,049,659,981 $18,142,844,102 $7,661,625,473 $31,726,232,824
1988 $12,236,057,362 $16,723,414,750 $8,861,299,977 $31,875,467,102
1989 $11,012,566,195 $16,419,195,682 $9,021,862,775 $31,471,907,548
1990 $12,314,482,628 $15,416,689,238 $9,349,764,580 $29,404,734,879
1991 $11,840,192,296 $14,829,529,308 $9,625,436,873 $26,928,547,012
1992 $12,071,775,335 $14,369,813,424 $8,227,343,907 $24,101,047,269
1993 $16,181,814,713 $13,229,990,256 $10,706,259,937 $20,854,865,032
1994 $8,902,446,252 $13,478,291,934 $5,820,382,248 $20,041,525,963
1995 $10,864,772,471 $13,868,353,888 $5,643,439,376 $20,181,816,410
1996 $11,093,538,846 $14,452,915,010 $5,771,456,952 $19,975,321,586
1997 $10,789,458,433 $15,107,243,821 $6,090,838,693 $18,853,298,464
1998 $11,298,144,990 $15,821,141,893 $6,217,805,821 $18,547,091,854
1999 $11,565,826,465 $16,534,881,735 $4,711,259,427 $17,755,104,912
2000 $10,566,579,295 $17,168,567,485 $19,088,046,306 $16,528,062,517
2001 $10,953,485,349 $17,910,981,186 $7,438,189,100 $16,180,944,606
2002 $12,417,251,350 $18,712,860,619 $8,728,038,525 $16,657,920,858
2003 $15,970,315,035 $19,733,301,669 $8,937,567,060 $17,587,070,084
2004 $18,826,214,136 $21,124,275,033 $10,297,483,481 $18,772,152,630
2005 $19,509,852,207 $21,594,980,960 $11,964,484,466 $19,923,852,569
2006 $20,910,512,975 $22,417,659,743 $14,451,901,696 $20,983,996,693
2007 $23,928,250,433 $23,387,803,923 $16,737,071,816 $22,297,485,300
2008 $27,715,142,033 $24,053,813,244 $19,788,515,590 $23,685,703,159
2009 $27,932,970,317 $24,674,221,649 $18,648,372,553 $24,361,945,146
2010 $27,507,501,821 $25,389,533,435 $21,565,721,045 $26,093,586,500
2011 $30,630,910,495 $26,247,499,414 $25,839,749,199 $27,887,434,695
2012 $30,155,062,329 $27,461,703,152 $29,306,235,285 $29,863,789,011
2013 $33,728,621,180 $28,833,560,541 $32,679,745,048 $32,396,822,645
2014 $36,386,544,706 $30,482,787,768 $35,909,040,926 $35,464,895,084
2015 $32,210,233,020 $32,210,233,020 $37,917,706,497 $37,917,706,497
2016 $33,814,337,044 $33,671,222,913 $37,134,801,555 $38,827,503,534
2017 $36,098,547,033 $34,863,580,363 $38,019,264,795 $40,274,584,268
2018 $39,955,552,190 $36,242,614,249 $47,568,210,010 $42,619,016,591
2019 $39,667,757,528 $37,502,066,833 $51,775,829,877 $44,487,659,679
2020 $40,773,241,177 $37,599,547,049 $48,716,961,860 $45,259,708,654
2021 $45,011,937,347 $38,854,942,335 $55,328,482,784 $48,065,880,295
2022 $44,347,206,073 $40,306,867,605 $65,801,547,756 $52,355,494,716
2023 $49,279,410,983 $41,616,173,715 $67,006,756,666 $56,862,826,231
2024 $51,326,764,685 $43,143,796,435 $70,749,355,652 $60,658,948,871

Economic indicators

Cameroon DR Congo
Gross domestic product
$51.3B
2024
$70.7B
2024
GDP rank
92/197
2024
87/197
2024
GDP growth
4.15%
2023-2024
5.59%
2023-2024
GDP per capita
$1,762
2024
$647
2024
GDP per capita rank
159/197
2024
189/197
2024
GDP per capita, PPP
$5,591
2024
$1,710
2024
Government debt
$21.9B
2024
$13.7B
2024
Debt-to-GDP ratio
39.9%
2025
16.3%
2025
Government debt per person
$752
2024
$125
2024
Government debt per person rank
152/185
2024
183/185
2024
Average annual personal income after taxes
$1,492
2025
$1,758
2025
Income share by richest 10%
31.1%
2021
35.7%
2020
Income share by poorest 10%
2.1%
2021
2.1%
2020
Government expenditure, % of GDP
16.3%
2025
17.4%
2025
Consumer prices inflation
4.53%
2023-2024
2.89%
2015-2016
Central bank interest rate n/a
25%
2023
Unemployment rate
3.28%
2021
1.47%
2020
Population
30491011
115740092

GDP per capita in Cameroon vs DR Congo

Cameroon's GDP per capita is $1,762, ranking 159/197, compared to $647 in the DR Congo, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Cameroon ranks 155th at $5,591, while the DR Congo ranks 191st at $1,710.

Cameroon
GDP per capita

GDP per capita, PPP
DR Congo
GDP per capita

GDP per capita, PPP
Year Current $
Cameroon DR Congo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $119.1 - $220.1 -
1961 $124.6 - $197.1 -
1962 $130 - $235.1 -
1963 $131.6 - $376 -
1964 $139.2 - $169.9 -
1965 $142.7 - $232 -
1966 $145.8 - $252.8 -
1967 $156.6 - $183.3 -
1968 $170.8 - $205.6 -
1969 $175.2 - $257.1 -
1970 $178.5 - $242.2 -
1971 $186.7 - $270.3 -
1972 $220.1 - $290.5 -
1973 $271.8 - $361 -
1974 $299.9 - $428 -
1975 $386 - $445 -
1976 $381 - $408 -
1977 $435 - $509 -
1978 $582 - $615 -
1979 $718 - $582 -
1980 $784 - $539 -
1981 $750 - $456 -
1982 $732 - $482 -
1983 $746 - $376 -
1984 $772 - $259.8 -
1985 $875 - $230.1 -
1986 $1,179 - $250.9 -
1987 $1,258 - $230.1 -
1988 $1,145 - $257.7 -
1989 $1,001 - $254.2 -
1990 $1,087 $2,032 $254.9 $832
1991 $1,015 $1,963 $253.8 $762
1992 $1,005 $1,890 $209.7 $674
1993 $1,310 $1,731 $263.3 $576
1994 $701 $1,752 $136.5 $540
1995 $832 $1,790 $127 $532
1996 $827 $1,850 $127.4 $526
1997 $783 $1,915 $132.3 $497
1998 $799 $1,975 $131.5 $481
1999 $796 $2,039 $96.3 $452
2000 $709 $2,108 $378 $417
2001 $715 $2,191 $142.7 $404
2002 $790 $2,263 $162.4 $410
2003 $988 $2,368 $161.5 $428
2004 $1,133 $2,533 $180.7 $456
2005 $1,143 $2,598 $203.6 $484
2006 $1,191 $2,704 $238.4 $509
2007 $1,326 $2,818 $267.9 $539
2008 $1,492 $2,870 $307 $567
2009 $1,461 $2,879 $280.8 $569
2010 $1,399 $2,914 $315 $597
2011 $1,514 $2,989 $365 $630
2012 $1,449 $3,060 $400 $632
2013 $1,576 $3,239 $431 $712
2014 $1,649 $3,422 $458 $805
2015 $1,415 $3,498 $468 $859
2016 $1,442 $3,627 $442 $914
2017 $1,496 $3,767 $437 $1,003
2018 $1,611 $4,011 $528 $1,069
2019 $1,555 $4,241 $557 $1,167
2020 $1,556 $4,365 $508 $1,136
2021 $1,672 $4,794 $558 $1,314
2022 $1,605 $5,189 $643 $1,484
2023 $1,737 $5,406 $633 $1,616
2024 $1,762 $5,591 $647 $1,710

Spending and national debt comparison

In 2024, Cameroon's government spending was $8.52B, accounting for 16.3% of its GDP, while the DR Congo's spent $12.6B, or 17.4% of GDP.

Debt-to-GDP ratio is 39.9% in Cameroon and 16.3% in the DR Congo, ranking 136/185 and 175/185, respectively.

Cameroon
Government spending

Government debt
DR Congo
Government spending

Government debt
Year % of GDP
Cameroon DR Congo
Government spending Government debt Government spending Government debt
1996 - - 2.17% -
1997 - - 2.51% -
1998 - 67.8% 2.78% -
1999 - 68.4% 2.15% -
2000 14.6% 75.9% 2.49% 135%
2001 14.6% 62.2% 4.26% 185.4%
2002 13.9% 56.6% 4.17% 136%
2003 13.2% 51.5% 9.19% 114.5%
2004 13.4% 51.7% 8.11% 164.1%
2005 12.4% 43.8% 8.28% 112%
2006 12.5% 18.4% 8.45% 107.5%
2007 13.5% 13.8% 8.78% 85.1%
2008 15.9% 11.2% 10.1% 80.3%
2009 14.7% 11.3% 12.4% 91.6%
2010 15.2% 14% 15.4% 31.8%
2011 17.8% 15% 13.7% 29.3%
2012 17.2% 14.9% 13.4% 25.1%
2013 19.2% 17.5% 11.9% 23.8%
2014 20.1% 20.7% 12.9% 22.8%
2015 20.1% 31.6% 15.2% 25.5%
2016 20.2% 32.1% 13.9% 33%
2017 19.2% 36.5% 10.4% 23.2%
2018 18% 38.3% 11.7% 19.3%
2019 18.7% 41.6% 13.4% 19.4%
2020 16.6% 44.9% 12.6% 24.9%
2021 17.1% 47.2% 14.4% 24.7%
2022 17.1% 45.6% 18.2% 22.6%
2023 17.1% 43.2% 17.2% 25.1%
2024 16.6% 42.7% 17.8% 19.3%
2025 16.3% 39.9% 17.4% 16.3%

Government deficit by year

In 2024, Cameroon's government deficit, the difference between spending and revenue, was -$307M, equivalent to -0.6% of GDP. This compares to the DR Congo's deficit of -$1.43B, or -2.02% of GDP.

Over the past 25 years, Cameroon recorded a fiscal deficit in 17 of those years, while the DR Congo ran a deficit in 15 years. On average, Cameroon posted an annual deficit equal to -0.007% of GDP, compared to deficit of -0.48% of GDP for the DR Congo.

Deficit/surplus
Cameroon

DR Congo
Year Deficit/surplus, % of GDP
Cameroon DR Congo
1996 - -0.56%
1997 - -1.06%
1998 - -1.55%
1999 - -1.35%
2000 1.54% -1.85%
2001 0.86% -1.27%
2002 1.51% 0.72%
2003 0.56% -4.24%
2004 -0.46% -1.09%
2005 3.03% 0.61%
2006 28.2% 0.99%
2007 3.87% 0.41%
2008 2% -0.41%
2009 -0.04% 0.92%
2010 -0.93% -0.97%
2011 -2.26% -0.96%
2012 -1.4% 1.71%
2013 -3.55% 1.76%
2014 -4.09% 4.36%
2015 -4.25% 0.66%
2016 -5.88% -0.48%
2017 -4.72% 0.24%
2018 -2.41% -1.17%
2019 -3.24% -2.63%
2020 -3.19% -3.19%
2021 -3.01% -1.4%
2022 -1.11% -0.91%
2023 -0.63% -1.73%
2024 -0.6% -2.02%
2025 -0.84% -2.58%

Inflation comparison by year

Over the past 21 years, Cameroon has recorded an average annual inflation rate of 2.57%, compared with 97% in the DR Congo. In 2016, inflation was 4.53% in Cameroon and 2.89% in the DR Congo.

Inflation
Cameroon

DR Congo
Year Inflation
Cameroon DR Congo Cameroon DR Congo
1996 3.92% 492%
1997 4.79% 198.5%
1998 3.17% 29.1%
1999 1.87% 284.9%
2000 1.23% 514%
2001 4.42% 360%
2002 2.83% 31.5%
2003 0.62% 12.9%
2004 0.23% 3.99%
2005 2.01% 21.3%
2006 5.12% 13.1%
2007 0.92% 16.9%
2008 5.34% 17.3%
2009 3.04% 2.8%
2010 1.28% 7.1%
2011 2.94% 15.3%
2012 2.74% 9.72%
2013 2.05% 0.81%
2014 1.85% 1.24%
2015 2.68% 0.74%
2016 0.87% 2.89%
2017 0.64% -
2018 1.07% -
2019 2.45% -
2020 2.44% -
2021 2.27% -
2022 6.25% -
2023 7.38% -
2024 4.53% -

Top exports between countries

Cameroon
Export category Export value
Metals $2.84M
Machinery & equipment $1.98M
Processed food, beverages & tobacco $1.54M
Chemicals & pharma $1.3M
Textiles & consumer goods $277K
Raw agricultural goods $252K
Wood & paper products $164K
Raw materials & minerals $146K
Miscellaneous $1K
DR Congo
Export category Export value
Raw materials & minerals $185K
Textiles & consumer goods $99K
Chemicals & pharma $66K
Machinery & equipment $9K
Metals $5K
Processed food, beverages & tobacco $4K
Wood & paper products $2K

Balance of trade

Cameroon DR Congo
Current account balance
-$2.02B
2023
-$2.72B
2024
Current account balance ranking
143/189
2023
150/189
2024
Current account balance, % of GDP
-4.1%
2023
-3.84%
2024
Goods imports
$7.74B
2023
$31B
2024
Goods exports
$6.34B
2023
$34.9B
2024
Service imports
$2.55B
2023
$6.14B
2024
Service exports
$2.01B
2023
$322M
2024
Imports of goods and services, % of GDP
21.1%
2024
50.9%
2024
Exports of goods and services, % of GDP
14.7%
2024
46.6%
2024

Economic freedom indices

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

Cameroon DR Congo
Economic freedom 52.1 47.3
Economic freedom ranking 149/197 177/197
Property rights 31.3 15.6
Government integrity 20.7 11.7
Judicial effectiveness 10.3 12
Tax burden 72.9 74.2
Government spending 91.2 92.4
Fiscal health 92.3 97
Business freedom 48.8 32.8
Labor freedom 46.5 54.4
Monetary freedom 73.7 59.4
Trade freedom 57.2 68.2
Investment freedom 30 30
Financial freedom 50 20

Economic freedom by year comparison

The Economic Freedom Index for Cameroon is 52.1, ranking 149/197, compared to 47.3 for the DR Congo, ranking 177/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Cameroon
DR Congo
Year Economic freedom index
Cameroon DR Congo
1995 51.3 41.4
1996 45.7 39.5
1997 44.6 39.5
1998 48 40.6
1999 50.3 34
2000 49.9 34.8
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 42.8
2010 52.3 41.4
2011 51.8 40.7
2012 51.8 41.1
2013 52.3 39.6
2014 52.6 40.6
2015 51.9 45
2016 54.2 46.4
2017 51.8 56.4
2018 51.9 52.1
2019 52.4 50.3
2020 53.6 49.5
2021 53.4 49
2022 52.9 47.6
2023 51.9 47.9
2024 53.6 47.6
2025 52.1 47.3

More economic indicators

Cameroon DR Congo
Services, % of GDP
49.9%
2024
33%
2024
Industry, % of GDP
25.6%
2024
46.6%
2024
Agriculture, forestry, and fishing, % of GDP
17.4%
2024
17.1%
2024
GNI, Atlas method
$49B
2024
$70.4B
2024
GNI per capita, PPP
$5,490
2024
$1,650
2024
Total reserves including gold
$4.88B
2023
$5.1B
2023
Total reserves ranking
103/177
2023
99/177
2023
Net foreign direct investment
-$901M
2023
-$2.92B
2024
Net inflows of foreign direct investment
$925M
2024
$2.92B
2024
Net outflows of foreign direct investment
$5.56M
2024
$198M
2024
Servicing debt to the IMF, % of GNI
3.53%
2023
0.76%
2023
Poverty at national poverty lines
37.7%
2021
56.2%
2020
Gross capital formation, % of GDP
21.4%
2024
33.4%
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.