Net current transfers in Cameroon

Cameroon: Net current transfers was 0.7% in 2010. β–Ό Falling

Latest (2010)
0.7%
Change on year
down 48.2%
World rank
37th
of 41 countries
All-time high
2.5%
in 2008
All-time low
0.7%
in 2010
Years of data
6
2005–2010

Net current transfers in Cameroon, 2005–2010

0.511.522.52005200720102005: 1.4 % of GDP2006: 1.7 % of GDP2007: 2.2 % of GDP2008: 2.5 % of GDP2009: 1.3 % of GDP2010: 0.651 % of GDP

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.

Analysis

Cameroon recorded 0.7% for net current transfers in 2010. That is the lowest value across all 6 years on record.

The figure is down 48.2% on the previous year and down 54.3% over ten years.

That places Cameroon 37th out of 41 countries with data for 2010, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.8% 1.3% 2.5% 5
2010s 0.7% 0.7% 0.7% 1

Countries ranked near Cameroon

  1. 34 Sudan 1.7% compare
  2. 35 Algeria 1.4% compare
  3. 36 Mauritius 1.2% compare
  4. 39 Angola -1.3% compare
  5. 40 Cote d'Ivoire -1.9% compare

See the full ranking of 41 places β†’

More trade data for Cameroon

All data for Cameroon β†’

Frequently asked questions

What is net current transfers in Cameroon?
Net current transfers in Cameroon was 0.7% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
What is the highest net current transfers recorded in Cameroon?
The highest recorded value was 2.5% in 2008.
What is the lowest net current transfers recorded in Cameroon?
The lowest recorded value was 0.7% in 2010.
How does Cameroon rank for net current transfers?
Cameroon ranks 37th out of 41 countries with data for 2010.
Is net current transfers rising or falling in Cameroon?
Over the last ten years it is down 54.3%. The long-run trend across the full record is falling.
Where does this Cameroon data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net current transfers (% of GDP)
Unit
% of GDP
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 272 data points, 2005–2011
Last refreshed

Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.