Cameroon FlagCameroon

Land Of Mountains, Land On The River

 

General


Population: 23,130,708 (2014), 20,549,221 (2013)
Land Area: 475,440 sq km
Natural Resources: Petroleum, bauxite, iron ore, timber, hydro power
Capital: Yaounde
Political System: Republic
State Leader: Paul Biya (November 6th 1982)
Head of Government: Philemon Yang (June 30th 2009)
Languages: African Languages, English, French
Currency: Communaute Financiere Africaine Franc (XAF)
Major Religions: Indigenous Beliefs 40%, Christian 40%, Muslim 20%
Major Ethnicities: Cameroon Highlanders 31%, Equatorial Bantu 19%, Kirdi 11%, Fulani 10%, Northwestern Bantu 8%, Eastern Nigritic 7%, Other African 13%, Non-African 1%
Life Expectancy: 57.35 years (2014), 55.02 years (2013)

Economy


GDP Official Exchange Rate: 23.88 billion (2013), 24.51 billion (2012)
GDP Purchasing Power Parity: 53.16 billion (2013), 50.32 billion (2012)
GDP Per Capita (PPP): 2,400 (2013), 2,300 (2012)
GDP Growth Rate: 4.6% (2013), 4.7% (2012)
GDP Structure: Agriculture 20.6%, Industry 27.3%, Services 52.1% (2013)
Labour Force By Occupation: Agriculture 70%, Industry 13%, Services 17% (2001)
Industries: Petroleum production and refining, aluminum production, food processing, light consumer goods, textiles, lumber, ship repair
Agriculture Products: Coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root starches; livestock; timber
Human Development Index: 0.504 (152nd)(2014), 0.495 (150th)(2013)
Tourism Revenue: 39 million (2000)
Unemployment Rate: 30% (2001)

MilitaryCameroon Map


Army Size: 23 100 (2004)
Budget: 1.3% of GDP (2006)

Current Situation

 

Cameroon is located in west Africa, Cameroon is bordered by Nigeria, Chad, the Central African Republic, Equatorial Guinea, Gabon and the Republic of the Congo. Cameroon's economy is based on primary products like agriculture and forestry. Although politically stable, Cameroon must work harder to attract more foreign investment. New infrastructure projects should boost the economy, but it remains to be seen what other actions will be taken.

(2014) Cameroon's economy continues to grow steadily and the country enjoy's relative stability, however incursions from the terrorist group Boko Haram based in Nigeria have been reported, including an instance where the wife of the Vice Prime Minister of Cameroon was kidnapped. Paul Biya is one of the longest servings heads of state in the world and as long as he remains in power, Cameroon will continue to steadily progress economically without much surprises.

Thoughts & Comments

 

Sources

CIA World Factbook: Cameroon
The Economist: The World In 2014
Wikipedia: Cameroon
http://hdrstats.undp.org/en/countries/profiles/CMR.html
http://uk.reuters.com/article/2014/07/27/uk-cameroon-violence-boko-haram-idUKKBN0FW0C220140727

Updated on: August 2nd, 2014