Cameroun Country Snapshot


EIU

Cameroon - Economist Intelligence Unit - The Economist

DOMESTIC POLITICS: Challengers to the incumbent, Mr Biya, will increasingly jockey for position and seek to raise their profiles ahead of the 2011 presidential election. Rivals within the ruling RDPC are expected to come to the fore, among whom are likely to be several serving ministers, which could result in increasing incoherence and populism in policymaking. Owing to Mr Biya's age (76) and reportedly fragile health, there is a high chance that he will be incapacitated while in office. If he were to leave office suddenly, the resulting power vacuum could lead to near-paralysis of the higher tiers of the executive as rivals attempt to succeed to the presidency.

Country Forecast Overview (3 Year)
Key Indicators 2008 2009 2010
Real GDP Growth (%) 1.10 -3.70 -.90
Consumer Price Inflation (av;%) 5.30 2.50 3.50
Budget Balance (% of GDP) 1.90 .50 .40
Current-Account Balance (% of GDP) -.40 -3.10 -2.20
Exchange Rate US$:Euro (av) 447.81 469.21 461.13
Exchange Rate US$:Euro(year-end) 471.34 443.20 473.60

Cameroon GDP PPP & GDP Growth Rates
2004 - 2008
Cameroon GDP Growth Rate Chart

Year GDP in Billions of USD PPP % GDP Growth
2004 33.73 1.32
2005 34.86 0.00
2006 37.15 0.85
2007 39.55 1.17
2008 41.74 1.10
Source: EIU Country Data

Cameroon: risk assessment
Risk November 2009
Sovereign risk B
Currency risk BB
Banking sector risk B
Political risk CCC
Economic structure risk B
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