Cameroon vs South Korea: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while Cameroon ranked 98th with $38.7B. By GDP 5-years average growth and GDP per capita, South Korea and Cameroon ranked 93rd vs 38th and 33rd vs 158th, respectively.

Gross Domestic Product & Income

StatCameroonSouth Korea
GDP$38.7B$1.6T
GDP growth, 1 year4%2.7%
GDP growth, 5-years average4.8%3%
Population24.1M51.5M
GDP per capita$1.5k$31k
GDP per capita growth1.38%2.33%
Purchasing Power Parity conversion factor225.18860.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.78
GDP per capita, PPP adjusted$3.8k$41k
GNI, Atlas method$36.4B$1.6T
GNI per capita$1.4k$31k
GNI, PPP adjusted$93.4B$2.1T
GNI per capita, PPP adjusted$3.7k$40k

Financial system and Human development

StatCameroonSouth Korea
Income Tax Rate35%42%
Corporate Tax Rate33%25%
Inflation, consumer prices2.4%1.5%
Inflation, GDP deflator1.6%0.3%
Unemployment3.4%3.8%
Economic Freedom Index53.674
Personal Freedom Index5.838.84
Human Freedom Index5.78.15
Property Rights Index45.382.5
Judical Effectiveness Index30.861
Business Freedom Index4690.5
Fiscal Health Index63.796.7
Labor Freedom Index50.156.2
Investment Freedom Index3070
Financial Freedom Index5070
Trade Freedom Index59.680
Monetary Freedom Index84.182.1
Government Spending Index88.367.7
Tax Burden Index74.863.9
Government Integrity Index20.867.5
Corruption Perceptions Index2557
Life expectancy at birth, years58.582.6
Suicide mortality rate, per 100,000 people12.226.9
Mortality caused by road traffic injury, per 100,000 people30.19.8
Intentional homicides, per 100,000 people1.40.6
International tourism, number of arrivals1.1M15.3M

Government debt & reserves

StatCameroonSouth Korea
Central government debt, % of GDP37.7%40.7%
External debt stocks, % of GNI28.7%N/A
External debt stocks$10.9BN/A
Short-term debt, % of total reserves12.5%N/A
Total debt service, % of exports and primary income10.7%N/A
Adjusted net savings including particulate emission damage, % of GNI4.5%20.1%
Gross savings, % of GDP17.5%34.7%
Gross capital formation, % of GDP22.8%30.2%
Total reserves including gold$3.5B$403.1B
Foreign direct investment net inflows$765.1M$14.5B

Exports, imports and economic structure

StatCameroonSouth Korea
Exports of goods and services, % of GDP19.3%44%
Imports of goods and services, % of GDP23.7%39%
Current account balance (balance of payments)-$1.4B$76.4B
Revenue excluding grants, % of GDP15.1%27.8%
Grants excluding technical cooperation, BoP$469M$6.7M
Personal remittances received$333.6M$7.1B
Industry including construction value added, % of GDP25.8%35.1%
Agriculture, forestry and fishing value added, % of GDP14.4%2%
Charges for the use of intellectual property, payments BoP$2.3M$9.9B
Charges for the use of intellectual property, receipts BoP$8.5M$7.8B
Expense, % of GDP10.9%25.4%
Government Expenditure, % of GDP19.8%32.8%

Compare with countries close by GDP per capita

Cameroon vs

CountryGDP
per capita
Population
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M

South Korea vs

CountryGDP
per capita
Population
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k