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Economy of Cameroon vs Indonesia compared: GDP & Debt

Updated on by Georank team

Cameroon has a GDP of $53.3B compared to $1.4T for Indonesia, ranking 91/197 and 16/197 by economy size, respectively.

Cameroon has $22.8B in government debt (42.8% of GDP), compared to $561B (40.2% of GDP) in Indonesia.

Cameroon vs Indonesia GDP by year

Cameroon
Indonesia
1x
Year GDP, current $
Cameroon Indonesia
2024 $53,296,694,320 $1,396,300,098,191
2023 $48,814,501,547 $1,371,169,301,564
2022 $44,347,206,073 $1,319,101,183,380
2021 $45,011,937,347 $1,186,509,691,087
2020 $40,773,241,177 $1,059,054,842,698
2019 $39,667,757,528 $1,119,099,871,350
2018 $39,955,552,190 $1,042,271,532,989
2017 $36,098,547,033 $1,015,618,744,160
2016 $33,814,337,044 $931,877,364,038
2015 $32,210,233,020 $860,854,232,686
2014 $36,386,544,706 $890,814,755,534
2013 $33,728,621,180 $912,524,136,718
2012 $30,155,062,329 $917,869,913,333
2011 $30,630,910,495 $892,969,104,563
2010 $27,507,501,821 $755,094,157,622
2009 $27,932,970,317 $539,580,085,612
2008 $27,715,142,033 $510,228,634,992
2007 $23,928,250,433 $432,216,737,775
2006 $20,910,512,975 $364,570,515,618
2005 $19,509,852,207 $285,868,619,196
2004 $18,826,214,136 $256,836,875,295
2003 $15,970,315,035 $234,772,463,824
2002 $12,417,251,350 $195,660,611,165
2001 $10,953,485,349 $160,446,947,785
2000 $10,566,579,295 $165,021,012,078
1999 $11,565,826,465 $140,001,351,215
1998 $11,298,144,990 $95,445,547,873
1997 $10,789,458,433 $215,748,998,610
1996 $11,093,538,846 $227,369,679,375
1995 $10,864,772,471 $202,132,028,723
1994 $8,902,446,252 $176,892,143,932
1993 $16,181,814,713 $158,006,700,302
1992 $12,071,775,335 $128,026,966,580
1991 $11,840,192,296 $116,621,996,217
1990 $12,314,482,628 $106,140,727,334
1989 $11,012,566,195 $94,451,427,877
1988 $12,236,057,362 $84,300,174,486
1987 $13,049,659,981 $75,929,617,558
1986 $11,857,056,199 $79,954,072,545
1985 $8,544,810,498 $85,289,488,375
1984 $7,311,938,026 $84,853,700,028
1983 $6,870,200,010 $81,052,283,384
1982 $6,611,255,964 $90,158,449,295
1981 $6,610,938,617 $85,518,233,419
1980 $6,674,569,047 $72,482,337,397
1979 $5,919,002,983 $51,400,186,343
1978 $4,662,852,583 $51,455,719,076
1977 $3,394,664,024 $45,808,915,663
1976 $2,898,090,002 $37,269,156,627
1975 $2,857,037,371 $30,463,855,422
1974 $2,157,415,533 $25,802,409,639
1973 $1,901,393,361 $16,273,253,012
1972 $1,498,251,890 $10,997,590,361
1971 $1,236,941,394 $9,333,536,370
1970 $1,151,216,993 $9,150,684,932
1969 $1,100,551,489 $8,337,423,313
1968 $1,046,191,218 $7,076,465,300
1967 $936,175,260 $5,667,756,628
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/indonesia | CC BY

GDP per capita in Cameroon vs Indonesia by year

Cameroon
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cameroon Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,830 $5,589 $4,925 $16,448
2023 $1,720 $5,411 $4,876 $15,416
2022 $1,605 $5,189 $4,731 $14,285
2021 $1,672 $4,794 $4,287 $12,757
2020 $1,556 $4,365 $3,854 $11,729
2019 $1,555 $4,241 $4,107 $11,986
2018 $1,611 $4,011 $3,861 $11,372
2017 $1,496 $3,767 $3,799 $10,688
2016 $1,442 $3,627 $3,521 $10,263
2015 $1,415 $3,498 $3,288 $10,028
2014 $1,649 $3,422 $3,441 $10,065
2013 $1,576 $3,239 $3,567 $9,866
2012 $1,449 $3,060 $3,632 $9,530
2011 $1,514 $2,989 $3,579 $8,937
2010 $1,399 $2,914 $3,066 $8,353
2009 $1,461 $2,879 $2,218 $7,868
2008 $1,492 $2,870 $2,125 $7,569
2007 $1,326 $2,818 $1,823 $7,096
2006 $1,191 $2,704 $1,558 $6,583
2005 $1,143 $2,598 $1,238 $6,134
2004 $1,133 $2,533 $1,127 $5,700
2003 $988 $2,368 $1,043 $5,353
2002 $790 $2,263 $881 $5,076
2001 $715 $2,191 $732 $4,849
2000 $709 $2,108 $764 $4,639
1999 $796 $2,039 $657 $4,386
1998 $799 $1,975 $455 $4,356
1997 $783 $1,915 $1,045 $5,037
1996 $827 $1,850 $1,119 $4,807
1995 $832 $1,790 $1,011 $4,451
1994 $701 $1,752 $900 $4,096
1993 $1,310 $1,731 $817 $3,793
1992 $1,005 $1,890 $674 $3,538
1991 $1,015 $1,963 $624 $3,305
1990 $1,087 $2,032 $578 $3,044
1989 $1,001 - $524 -
1988 $1,145 - $477 -
1987 $1,258 - $438 -
1986 $1,179 - $470 -
1985 $875 - $511 -
1984 $772 - $520 -
1983 $746 - $508 -
1982 $732 - $578 -
1981 $750 - $561 -
1980 $784 - $487 -
1979 $718 - $353 -
1978 $582 - $362 -
1977 $435 - $331 -
1976 $381 - $275.7 -
1975 $386 - $231.1 -
1974 $299.9 - $200.7 -
1973 $271.8 - $129.9 -
1972 $220.1 - $90.1 -
1971 $186.7 - $78.5 -
1970 $178.5 - $79.1 -
1969 $175.2 - $74.1 -
1968 $170.8 - $64.7 -
1967 $156.6 - $53.2 -
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/indonesia | CC BY

Cameroon's GDP per capita is $1,830, ranking 158/197, compared to $4,925 in Indonesia, ranking 121/197. Adjusted for purchasing power (GDP per capita PPP), Cameroon ranks 156th at $5,589, while Indonesia ranks 107th at $16,448.

Economic indicators

Cameroon Indonesia
Gross domestic product
$53.3B
2024
$1.4T
2024
GDP rank
91/197
2024
16/197
2024
GDP growth
3.52%
2023-2024
5.03%
2023-2024
GDP per capita
$1,830
2024
$4,925
2024
GDP per capita rank
158/197
2024
121/197
2024
GDP per capita, PPP
$5,589
2024
$16,448
2024
GDP per capita PPP rank
156/197
2024
107/197
2024
Government debt
$22.8B
2024
$561B
2024
Debt-to-GDP ratio
42.8%
2024
40.2%
2024
Government debt per person
$784
2024
$1,978
2024
Government debt per person rank
152/185
2024
120/185
2024
Average annual personal income after taxes
$1,578
2026
$3,371
2026
Market capitalization of domestic companies n/a
$758B
2023
Number of millionaires n/a
178,605
2025
Number of billionaires n/a
33
2025
Income share by richest 10%
31.1%
2021
28.8%
2024
Income share by poorest 10%
2.1%
2021
3.5%
2024
Government expenditure, % of GDP
16.7%
2024
16.8%
2024
Consumer prices inflation
4.53%
2023-2024
2.18%
2023-2024
Central bank interest rate n/a
4.75%
2025
Unemployment rate
3.28%
2021
3.31%
2023
Population
30864115
288551776

Spending and national debt comparison by year

Cameroon
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Cameroon Indonesia
Government spending Government debt Government spending Government debt
2024 16.7% 42.8% 16.8% 40.2%
2023 17.1% 43.1% 16.6% 39.6%
2022 17.1% 45.6% 17.3% 40.1%
2021 17.1% 47.2% 18.1% 41.1%
2020 16.6% 44.9% 18.4% 39.7%
2019 18.7% 41.6% 16.4% 30.6%
2018 18% 38.3% 16.6% 30.4%
2017 19.2% 36.5% 16.4% 29.4%
2016 20.2% 32.1% 16.9% 28%
2015 20.1% 31.6% 17.6% 27%
2014 20.1% 20.7% 18.4% 24.6%
2013 19.2% 17.5% 18.8% 24.9%
2012 17.2% 14.9% 18.8% 23%
2011 17.8% 15.9% 17.7% 23.1%
2010 15.2% 14% 16.9% 26.4%
2009 14.7% 11.3% 17% 26.5%
2008 15.9% 11.2% 19.4% 30.3%
2007 13.5% 13.8% 18.7% 38.1%
2006 12.5% 18.4% 18.4% 35.8%
2005 12.4% 43.8% 17.4% 42.6%
2004 13.4% 51.7% 17.8% 51.3%
2003 13.2% 51.5% 18.2% 55.6%
2002 13.9% 56.6% 16.9% 62.3%
2001 14.6% 62.2% 19.5% 73.7%
2000 14.6% 75.9% 15.3% 87.4%
1999 - 68.4% 15.1% 95.9%
1998 - 67.8% 15.1% 72.5%
1997 - - 15.2% 26.4%
1996 - - 11.5% 27.5%
1995 - - 11.9% 32%
1994 - - 13.5% 37%
1993 - - 14.1% 40.4%
1992 - - 16.8% 42.6%
1991 - - 15% 39.2%
1990 - - 15.8% 40.8%
1989 - - 16.5% 42.5%
1988 - - 17.3% 45.6%
1987 - - 18% 49.7%
1986 - - 20.9% 38.3%
1985 - - 18.5% 28%
1984 - - 16.1% 23.5%
1983 - - 18.2% 23.1%
1982 - - 18.8% 18.6%
1981 - - 24.4% 16.4%
1980 - - 22.1% 17.3%
1979 - - 20.9% 22%
1978 - - 20.1% 30.3%
1977 - - 19.5% 27.7%
1976 - - 21.8% 38.1%
1975 - - 20.5% 36.7%
1974 - - 17.3% 34.4%
1973 - - 16.3% 43.1%
1972 - - 15.7% 51.2%
1971 - - 14.5% 50.5%
1970 - - 13.8% 46.7%
1969 - - 12.8% -
1968 - - 8.82% -
1967 - - 10.4% -
1966 - - 9.18% -
1965 - - 10.7% -
1964 - - 9.55% -
1963 - - 10.3% -
1962 - - 7.89% -
1961 - - 15.1% -
1960 - - 14.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Cameroon's government spending was $8.91B, accounting for 16.7% of its GDP, while Indonesia spent $235B, or 16.8% of GDP.

Debt-to-GDP ratio is 42.8% in Cameroon and 40.2% in Indonesia, ranking 125/185 and 132/185, respectively.

Government deficit by year

Deficit/surplus
Cameroon

Indonesia
1x
Year Deficit/surplus, % of GDP
Cameroon Indonesia
2024 -1.48% -2.3%
2023 -0.63% -1.64%
2022 -1.11% -2.31%
2021 -3.01% -4.4%
2020 -3.19% -6.07%
2019 -3.24% -2.09%
2018 -2.41% -1.69%
2017 -4.72% -2.26%
2016 -5.88% -2.56%
2015 -4.25% -2.72%
2014 -4.09% -1.8%
2013 -3.55% -1.96%
2012 -1.4% -1.59%
2011 -2.26% -0.7%
2010 -0.93% -1.24%
2009 -0.04% -1.64%
2008 2% 0.05%
2007 3.87% -0.95%
2006 28.2% 0.45%
2005 3.03% 0.46%
2004 -0.46% -0.26%
2003 0.56% -1.08%
2002 1.51% -0.58%
2001 0.86% -1.76%
2000 1.54% -1.87%
1999 - -0.96%
1998 - -1.89%
1997 - -1.03%
1996 - 0.96%
1995 - 0.64%
1994 - 0.005%
1993 - -0.59%
1992 - -2.95%
1991 - -0.87%
1990 - -0.55%
1989 - -1.72%
1988 - -2.68%
1987 - -0.9%
1986 - -2.94%
1985 - -0.45%
1984 - 1.83%
1983 - -1%
1982 - -1.11%
1981 - -0.69%
1980 - -0.82%
1979 - -0.67%
1978 - -2.03%
1977 - -0.38%
1976 - -2.63%
1975 - -2.33%
1974 - -0.35%
1973 - -1.33%
1972 - -1.82%
1971 - -2.51%
1970 - -3.02%
1969 - -2.8%
1968 - 0%
1967 - -0.35%
1966 - -5.06%
1965 - -6.62%
1964 - -5.58%
1963 - -5.24%
1962 - -3.1%
1961 - -4.57%
1960 - -1.65%
1959 - -4.06%
1958 - -6.67%
1957 - -2.92%
1956 - -1.38%
1955 - -1.6%
1954 - -3.16%
1953 - -2.33%
1952 - -3.66%
1951 - 1.52%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-02-20).

GeoRank.org/economy/cameroon/indonesia | 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 Indonesia's deficit of $32.1B, or 2.3% of GDP.

Over the past 25 years, Cameroon recorded a fiscal deficit in 17 of those years, while Indonesia ran a deficit in 22 years. On average, Cameroon posted an annual deficit equal to 0.04% of GDP, compared to deficit of 1.7% of GDP for Indonesia.

Inflation comparison by year

Inflation
Cameroon

Indonesia
1x
Year Consumer prices inflation
Cameroon Indonesia
2024 4.53% 2.18%
2023 7.38% 3.67%
2022 6.25% 4.21%
2021 2.27% 1.56%
2020 2.44% 1.92%
2019 2.45% 3.03%
2018 1.07% 3.2%
2017 0.64% 3.81%
2016 0.87% 3.53%
2015 2.68% 6.36%
2014 1.85% 6.39%
2013 2.05% 6.41%
2012 2.74% 4.28%
2011 2.94% 5.36%
2010 1.28% 5.13%
2009 3.04% 4.39%
2008 5.34% 10.2%
2007 0.92% 6.41%
2006 5.12% 13.1%
2005 2.01% 10.5%
2004 0.23% 6.06%
2003 0.62% 6.76%
2002 2.83% 11.9%
2001 4.42% 11.5%
2000 1.23% 3.69%
1999 1.87% 20.5%
1998 3.17% 58.5%
1997 4.79% 6.23%

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

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

Over the past 28 years, Cameroon has recorded an average annual inflation rate of 2.75%, compared with 8.24% in Indonesia. In 2024, inflation was 4.53% in Cameroon and 2.18% in Indonesia.

Top exports between countries

Cameroon
Export category Export value
Raw materials & minerals $163M
Processed food, beverages & tobacco $26.6M
Wood & paper products $2.56M
Metals $149K
Textiles & consumer goods $144K
Chemicals & pharma $39K
Machinery & equipment $4K
Indonesia
Export category Export value
Processed food, beverages & tobacco $35.1M
Metals $31.7M
Wood & paper products $9.26M
Chemicals & pharma $5.8M
Textiles & consumer goods $1.8M
Machinery & equipment $1.75M
Raw materials & minerals $176K
Raw agricultural goods $100K
Miscellaneous $99K
Animal & marine products $20K

Balance of trade

Cameroon Indonesia
Current account balance
-$2.02B
2023
-$8.72B
2024
Current account balance ranking
144/190
2023
174/190
2024
Current account balance, % of GDP
-4.14%
2023
-0.62%
2024
Goods imports
$7.74B
2023
$223B
2024
Goods exports
$6.34B
2023
$263B
2024
Service imports
$2.55B
2023
$57.6B
2024
Service exports
$2.01B
2023
$39B
2024
Imports of goods and services, % of GDP
18.7%
2024
20.4%
2024
Exports of goods and services, % of GDP
15.7%
2024
22.2%
2024

Economic freedom indices

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

Cameroon Indonesia
Economic freedom 52 65.1
Economic freedom ranking 151/197 67/197
Property rights 28.1 39.7
Government integrity 21 42
Judicial effectiveness 10.1 43.1
Tax burden 72.2 81.5
Government spending 91.4 91.4
Fiscal health 94.5 89.8
Business freedom 48.6 69.2
Labor freedom 45.6 56.8
Monetary freedom 75.3 79.4
Trade freedom 57.2 78.6
Investment freedom 30 50
Financial freedom 50 60

Economic freedom comparison by year

Cameroon
Indonesia
1x
Year Economic freedom index
Cameroon Indonesia
2026 52 65.1
2025 52.1 65.2
2024 53.6 63.5
2023 51.9 63.5
2022 52.9 64.4
2021 53.4 66.9
2020 53.6 67.2
2019 52.4 65.8
2018 51.9 64.2
2017 51.8 61.9
2016 54.2 59.4
2015 51.9 58.1
2014 52.6 58.5
2013 52.3 56.9
2012 51.8 56.4
2011 51.8 56
2010 52.3 55.5
2009 53 53.4
2008 54.3 53.2
2007 55.6 53.2
2006 54.6 51.9
2005 53 52.9
2004 52.3 52.1
2003 52.7 55.8
2002 52.8 54.8
2001 53.3 52.5
2000 49.9 55.2
1999 50.3 61.5
1998 48 63.4
1997 44.6 62
1996 45.7 61
1995 51.3 54.9

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

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

The Economic Freedom Index for Cameroon is 52, ranking 151/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cameroon Indonesia
Services, % of GDP
50.7%
2024
43.8%
2024
Industry, % of GDP
23.2%
2024
39.3%
2024
Agriculture, forestry, and fishing, % of GDP
18.5%
2024
12.6%
2024
GNI, Atlas method
$49.5B
2024
$1.39T
2024
GNI per capita, PPP
$5,490
2024
$16,010
2024
Total reserves including gold
$4.88B
2023
$156B
2024
Total reserves ranking
103/177
2023
20/177
2024
Net foreign direct investment
-$901M
2023
-$15.9B
2024
Net inflows of foreign direct investment
$888M
2024
$24.2B
2024
Net outflows of foreign direct investment
$63.4M
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
3.2%
2024
5.65%
2024
Poverty at national poverty lines
37.7%
2021
9%
2024
Gross capital formation, % of GDP
18.9%
2024
31.4%
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/indonesia | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, 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 (2021–2024, 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.