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Economy of Cameroon vs Ecuador compared: GDP & Debt

Updated on by Georank

Cameroon has a GDP of $58.9B compared to $130B for Ecuador, ranking 92/197 and 64/197 by economy size, respectively.

Cameroon has $23.8B in government debt (40.4% of GDP), compared to $70.9B (54.4% of GDP) in Ecuador.

Cameroon vs Ecuador GDP by year

Cameroon
Ecuador
1x
Year GDP, current $
Cameroon Ecuador
2025 $58,933,453,924 $130,320,560,400
2024 $53,296,694,320 $123,802,374,000
2023 $48,814,501,547 $120,792,801,000
2022 $44,347,206,073 $116,133,121,000
2021 $45,011,937,347 $107,179,074,000
2020 $40,773,241,177 $95,865,473,000
2019 $39,667,757,528 $107,595,830,000
2018 $39,955,552,190 $107,478,961,000
2017 $36,098,547,033 $104,467,486,000
2016 $33,814,337,044 $97,671,433,000
2015 $32,210,233,020 $97,209,558,000
2014 $36,386,544,706 $102,717,794,000
2013 $33,728,621,180 $96,570,334,000
2012 $30,155,062,329 $87,735,048,000
2011 $30,630,910,495 $78,986,648,000
2010 $27,507,501,821 $68,151,329,000
2009 $27,932,970,317 $60,094,978,000
2008 $27,715,142,033 $61,139,438,000
2007 $23,928,250,433 $49,848,725,000
2006 $20,910,512,975 $45,690,762,000
2005 $19,509,852,207 $40,278,849,000
2004 $18,826,214,136 $35,194,947,000
2003 $15,970,315,035 $30,965,208,000
2002 $12,417,251,350 $27,054,197,000
2001 $10,953,485,349 $23,127,055,000
2000 $10,566,579,295 $17,539,454,727
1999 $11,565,826,465 $19,645,272,636
1998 $11,298,144,990 $27,981,896,948
1997 $10,789,458,433 $28,162,053,027
1996 $11,093,538,846 $25,226,393,197
1995 $10,864,772,471 $24,432,884,442
1994 $8,902,446,252 $22,708,673,337
1993 $16,181,814,713 $18,938,717,359
1992 $12,071,775,335 $18,094,238,119
1991 $11,840,192,296 $16,988,535,268
1990 $12,314,482,628 $15,239,272,612
1989 $11,012,566,195 $13,890,823,705
1988 $12,236,057,362 $13,051,881,851
1987 $13,049,659,981 $13,945,426,859
1986 $11,857,056,199 $15,314,138,472
1985 $8,544,810,498 $17,149,088,413
1984 $7,311,938,026 $16,912,509,092
1983 $6,870,200,010 $17,152,477,037
1982 $6,611,255,964 $19,929,846,396
1981 $6,610,938,617 $21,810,759,354
1980 $6,674,569,047 $17,881,508,242
1979 $5,919,002,983 $14,175,160,902
1978 $4,662,852,583 $11,922,497,876
1977 $3,394,664,024 $11,026,342,618
1976 $2,898,090,002 $9,091,921,030
1975 $2,857,037,371 $7,731,674,472
1974 $2,157,415,533 $6,599,257,044
1973 $1,901,393,361 $3,891,754,150
1972 $1,498,251,890 $3,185,986,087
1971 $1,236,941,394 $2,754,219,271
1970 $1,151,216,993 $2,862,503,139
1969 $1,100,551,489 $3,112,165,727
1968 $1,046,191,218 $2,582,179,864
1967 $936,175,260 $2,553,595,172
1966 $851,112,535 $2,429,308,639
1965 $814,083,266 $2,387,047,396
1964 $776,650,177 $2,244,146,103
1963 $718,320,845 $1,824,343,871
1962 $694,247,864 $1,518,207,703
1961 $652,777,608 $1,753,850,955
1960 $614,206,068 $2,069,464,937

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Cameroon vs Ecuador by year

Cameroon
GDP per capita

GDP per capita, PPP
Ecuador
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cameroon Ecuador
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,972 - $7,125 -
2024 $1,830 $5,589 $6,827 $15,840
2023 $1,720 $5,411 $6,718 $15,919
2022 $1,605 $5,189 $6,516 $15,198
2021 $1,672 $4,794 $6,061 $13,507
2020 $1,556 $4,365 $5,464 $11,527
2019 $1,555 $4,241 $6,205 $12,543
2018 $1,611 $4,011 $6,304 $12,187
2017 $1,496 $3,767 $6,233 $11,793
2016 $1,442 $3,627 $5,918 $10,881
2015 $1,415 $3,498 $5,976 $10,878
2014 $1,649 $3,422 $6,406 $11,836
2013 $1,576 $3,239 $6,109 $11,296
2012 $1,449 $3,060 $5,634 $10,245
2011 $1,514 $2,989 $5,154 $9,769
2010 $1,399 $2,914 $4,520 $8,969
2009 $1,461 $2,879 $4,053 $8,662
2008 $1,492 $2,870 $4,195 $8,663
2007 $1,326 $2,818 $3,479 $8,112
2006 $1,191 $2,704 $3,244 $7,885
2005 $1,143 $2,598 $2,909 $7,457
2004 $1,133 $2,533 $2,586 $6,980
2003 $988 $2,368 $2,316 $6,475
2002 $790 $2,263 $2,059 $6,282
2001 $715 $2,191 $1,791 $5,999
2000 $709 $2,108 $1,382 $5,728
1999 $796 $2,039 $1,575 $5,638
1998 $799 $1,975 $2,284 $5,940
1997 $783 $1,915 $2,341 $5,793
1996 $827 $1,850 $2,136 $5,560
1995 $832 $1,790 $2,108 $5,469
1994 $701 $1,752 $1,997 $5,339
1993 $1,310 $1,731 $1,698 $5,112
1992 $1,005 $1,890 $1,655 $4,998
1991 $1,015 $1,963 $1,587 $4,887
1990 $1,087 $2,032 $1,455 $4,632
1989 $1,001 - $1,356 -
1988 $1,145 - $1,304 -
1987 $1,258 - $1,426 -
1986 $1,179 - $1,604 -
1985 $875 - $1,842 -
1984 $772 - $1,864 -
1983 $746 - $1,940 -
1982 $732 - $2,314 -
1981 $750 - $2,601 -
1980 $784 - $2,190 -
1979 $718 - $1,783 -
1978 $582 - $1,541 -
1977 $435 - $1,465 -
1976 $381 - $1,242 -
1975 $386 - $1,086 -
1974 $299.9 - $954 -
1973 $271.8 - $579 -
1972 $220.1 - $488 -
1971 $186.7 - $434 -
1970 $178.5 - $465 -
1969 $175.2 - $521 -
1968 $170.8 - $445 -
1967 $156.6 - $454 -
1966 $145.8 - $445 -
1965 $142.7 - $450 -
1964 $139.2 - $436 -
1963 $131.6 - $365 -
1962 $130 - $312 -
1961 $124.6 - $371 -
1960 $119.1 - $451 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Cameroon's GDP per capita is $1,972, ranking 159/197, compared to $7,125 in Ecuador, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Cameroon ranks 156th at $5,589, while Ecuador ranks 110th at $15,840.

Economic indicators

Cameroon Ecuador
Gross domestic product
$58.9B
2025
$130B
2025
GDP rank
92/197
2025
64/197
2025
GDP growth
3.2%
2024-2025
3.73%
2024-2025
GDP per capita
$1,972
2025
$7,125
2025
GDP per capita rank
159/197
2025
102/197
2025
GDP per capita, PPP
$5,589
2024
$15,840
2024
GDP per capita PPP rank
156/197
2024
110/197
2024
Government debt
$23.8B
2025
$70.9B
2025
Debt-to-GDP ratio
40.4%
2025
54.4%
2025
Government debt per person
$796
2025
$3,877
2025
Government debt per person rank
151/185
2025
94/185
2025
Average annual personal income after taxes
$1,941
2026
$6,605
2026
Market capitalization of domestic companies n/a
$747M
2000
Income share by richest 10%
31.1%
2021
35.1%
2025
Income share by poorest 10%
2.1%
2021
1.7%
2025
Government expenditure, % of GDP
16.3%
2025
38.4%
2025
Consumer prices inflation
3.4%
2024-2025
0.71%
2024-2025
Unemployment rate
3.28%
2021
3.23%
2025
Population
31045453
18524711

Spending and national debt comparison by year

Cameroon
Spending

Debt
Ecuador
Spending

Debt
1x
Year % of GDP
Cameroon Ecuador
Government spending Government debt Government spending Government debt
2025 16.3% 40.4% 38.4% 54.4%
2024 17.1% 43.4% 38.3% 54.1%
2023 17.3% 43.6% 39.6% 54.5%
2022 17.1% 45.6% 38.9% 57.2%
2021 17% 47.2% 37.5% 61.8%
2020 16.8% 44.9% 40.2% 63.6%
2019 19.1% 41.6% 39.8% 52.1%
2018 17.8% 38.3% 40.9% 49.5%
2017 18.2% 36.5% 40.5% 47.4%
2016 20.1% 32.1% 44.1% 46.1%
2015 17.9% 31.6% 44.1% 36.4%
2014 19.5% 20.7% 45.9% 28.2%
2013 19.2% 17.5% 46.7% 23.4%
2012 17% 14.9% 43.2% 19.3%
2011 17.1% 15.9% 39.6% 18.6%
2010 14.8% 14% 35.4% 18.4%
2009 14.7% 11.3% 34.3% 19.7%
2008 15.9% 11.2% 35.6% 24.9%
2007 13.5% 13.8% 24.7% 29.6%
2006 12% 18.4% 21.7% 33.1%
2005 11.4% 43.8% 22% 35.8%
2004 10.7% 51.7% 21.3% 40.2%
2003 10.6% 51.5% 21.3% 47.2%
2002 14% 56.6% 22.8% 55%
2001 14.4% 62.2% 21.4% 63.8%
2000 14.4% 75.9% 24.3% 92.2%
1999 - 68.4% 24.1% 105.2%
1998 - 67.8% 21.5% 70.3%
1997 - - 22% 61.5%
1996 - - 22.7% 69.3%
1995 - - 22% 70.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-07-08).

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

In 2025, Cameroon's government spending was $9.58B, accounting for 16.3% of its GDP, while Ecuador spent $50B, or 38.4% of GDP.

Debt-to-GDP ratio is 40.4% in Cameroon and 54.4% in Ecuador, ranking 133/185 and 92/185, respectively.

Government deficit by year

Deficit/surplus
Cameroon

Ecuador
1x
Year Deficit/surplus, % of GDP
Cameroon Ecuador
2025 -2.01% -2.88%
2024 -1.51% -1.28%
2023 -0.64% -3.49%
2022 -1.11% 0.04%
2021 -2.88% -1.59%
2020 -3.52% -7.38%
2019 -3.65% -3.47%
2018 -2.3% -2.8%
2017 -3.68% -5.77%
2016 -5.79% -10.3%
2015 -2.86% -6.87%
2014 -3.36% -8.11%
2013 -3.54% -8.17%
2012 -1.22% -2.83%
2011 -1.55% -0.13%
2010 -0.57% -1.39%
2009 -0.05% -3.71%
2008 1.94% 0.57%
2007 3.66% 2.66%
2006 6.34% 2.92%
2005 3.43% 0.66%
2004 2.07% 1.94%
2003 3.51% 1.05%
2002 1.59% 0.74%
2001 1.2% 0.03%
2000 2.06% -0.32%
1999 - -4.82%
1998 - -5.1%
1997 - -2.83%
1996 - -3.44%
1995 - -2.02%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Cameroon's government deficit, the difference between spending and revenue, was $1.18B, equivalent to 2.01% of GDP. This compares to Ecuador's deficit of $3.76B, or 2.88% of GDP.

Over the past 26 years, Cameroon recorded a fiscal deficit in 17 of those years, while Ecuador ran a deficit in 17 years. On average, Cameroon posted an annual deficit equal to 0.56% of GDP, compared to deficit of 2.3% of GDP for Ecuador.

Inflation comparison by year

Inflation
Cameroon

Ecuador
1x
Year Consumer prices inflation
Cameroon Ecuador
2025 3.4% 0.71%
2024 4.53% 1.55%
2023 7.38% 2.22%
2022 6.25% 3.47%
2021 2.27% 0.13%
2020 2.44% -0.34%
2019 2.45% 0.27%
2018 1.07% -0.22%
2017 0.64% 0.42%
2016 0.87% 1.73%
2015 2.68% 3.97%
2014 1.85% 3.59%
2013 2.05% 2.72%
2012 2.74% 5.1%
2011 2.94% 4.47%
2010 1.28% 3.55%
2009 3.04% 5.16%
2008 5.34% 8.4%
2007 0.92% 2.28%
2006 5.12% 3.3%
2005 2.01% 2.17%
2004 0.23% 2.74%
2003 0.62% 7.93%
2002 2.83% 12.5%
2001 4.42% 37.7%
2000 1.23% 96.1%
1999 1.87% 52.2%
1998 3.17% 36.1%
1997 4.79% 30.7%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Cameroon has recorded an average annual inflation rate of 2.77%, compared with 11.4% in Ecuador. In 2025, inflation was 3.4% in Cameroon and 0.71% in Ecuador.

Top exports between countries

Cameroon
Export category Export value
Machinery & equipment $70K
Metals $1K
Ecuador
Export category Export value
Animal & marine products $118K
Chemicals & pharma $58K
Machinery & equipment $17K
Raw agricultural goods $5K
Metals $3K
Miscellaneous $3K

Balance of trade

Cameroon Ecuador
Current account balance
-$1.75B
2024
$7.7B
2025
Current account balance ranking
134/190
2024
28/190
2025
Current account balance, % of GDP
-3.28%
2024
+5.91%
2025
Goods imports
$7.77B
2024
$31.1B
2025
Goods exports
$6.79B
2024
$37.4B
2025
Service imports
$2.4B
2024
$6.22B
2025
Service exports
$1.81B
2024
$4.14B
2025
Imports of goods and services, % of GDP
20.3%
2025
27.9%
2025
Exports of goods and services, % of GDP
13.1%
2025
31.4%
2025

Economic freedom indices

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

Cameroon Ecuador
Economic freedom 52 55.6
Economic freedom ranking 151/197 127/197
Property rights 28.1 33.2
Government integrity 21 33
Judicial effectiveness 10.1 48.1
Tax burden 72.2 74.2
Government spending 91.4 54.9
Fiscal health 94.5 90.3
Business freedom 48.6 64.3
Labor freedom 45.6 56.9
Monetary freedom 75.3 76.3
Trade freedom 57.2 66.4
Investment freedom 30 30
Financial freedom 50 40

Economic freedom comparison by year

Cameroon
Ecuador
1x
Year Economic freedom index
Cameroon Ecuador
2026 52 55.6
2025 52.1 55.8
2024 53.6 55
2023 51.9 55
2022 52.9 54.3
2021 53.4 52.4
2020 53.6 51.3
2019 52.4 46.9
2018 51.9 48.5
2017 51.8 49.3
2016 54.2 48.6
2015 51.9 49.2
2014 52.6 48
2013 52.3 46.9
2012 51.8 48.3
2011 51.8 47.1
2010 52.3 49.3
2009 53 52.5
2008 54.3 55.2
2007 55.6 55.3
2006 54.6 54.6
2005 53 52.9
2004 52.3 54.4
2003 52.7 54.1
2002 52.8 53.1
2001 53.3 55.1
2000 49.9 59.8
1999 50.3 62.9
1998 48 62.8
1997 44.6 61
1996 45.7 60.1
1995 51.3 57.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Cameroon is 52, ranking 151/197, compared to 55.6 for Ecuador, ranking 127/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cameroon Ecuador
Services, % of GDP
50.4%
2025
57%
2025
Industry, % of GDP
24.8%
2025
25.7%
2025
Agriculture, forestry, and fishing, % of GDP
16.8%
2025
9.7%
2025
GNI, Atlas method
$55.4B
2025
$126B
2025
GNI per capita, PPP
$5,700
2025
$16,290
2025
Total reserves including gold
$5.06B
2024
$9.8B
2025
Total reserves ranking
105/177
2024
79/177
2025
Net foreign direct investment
-$825M
2024
-$1.3B
2025
Net inflows of foreign direct investment
$888M
2024
$446M
2024
Net outflows of foreign direct investment
$63.4M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.21%
2024
7.05%
2024
Poverty at national poverty lines
37.7%
2021
21.4%
2025
Gross capital formation, % of GDP
19.3%
2025
20.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.