Net incurrence of liabilities, total (% of GDP) in Cameroon
Cameroon: Net incurrence of liabilities, total (% of GDP) was 2.4% in 2021. ◆ Volatile
Net incurrence of liabilities, total in Cameroon, 1991–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2021, net incurrence of liabilities, total in Cameroon stood at 2.4%.
Compared with earlier readings it is down 29.9% on the previous year and down 1.2% over ten years.
Over the whole period, net incurrence of liabilities, total in Cameroon peaked at 5.3% in 2017 and was at its lowest, -0.2%, in 1995.
That places Cameroon 83rd out of 136 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (% of GDP) in Cameroon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 4.3% | — |
| 1992 | 2.3% | -45.4% |
| 1993 | 0.8% | -67.0% |
| 1994 | 2.0% | +161.2% |
| 1995 | -0.2% | -107.6% |
| 2012 | 2.4% | -1683.0% |
| 2013 | 3.4% | +39.8% |
| 2014 | 3.1% | -8.1% |
| 2015 | 4.8% | +54.0% |
| 2016 | 2.6% | -45.4% |
| 2017 | 5.3% | +102.2% |
| 2018 | 1.4% | -73.7% |
| 2019 | 3.5% | +155.1% |
| 2020 | 3.4% | -3.7% |
| 2021 | 2.4% | -29.9% |
Cameroon compared with similar countries
- Cameroon's 2.4% is below the median for lower middle income countries, which is 2.9%, 82% of the median. (34 countries reporting)
- Cameroon's 2.4% is below the median for Sub-Saharan Africa, which is 3.9%, 61% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) in Cameroon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +1683.0% | -0.2% | 2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | -0.2% | 4.3% | 5 |
| 2010s | 3.3% | 1.4% | 5.3% | 8 |
| 2020s | 2.9% | 2.4% | 3.4% | 2 |
Countries ranked near Cameroon
More public sector data for Cameroon
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- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2023)
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Frequently asked questions
- What is net incurrence of liabilities, total in Cameroon?
- Net incurrence of liabilities, total in Cameroon was 2.4% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Cameroon?
- The highest recorded value was 5.3% in 2017.
- What is the lowest net incurrence of liabilities, total recorded in Cameroon?
- The lowest recorded value was -0.2% in 1995.
- How does Cameroon rank for net incurrence of liabilities, total?
- Cameroon ranks 83rd out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Cameroon?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.