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Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems facing other underdeveloped countries, such as stagnating per capita income, a relatively inequitable distribution of income, a top-heavy civil service, and a generally unfavorable climate for business enterprise. International oil and cocoa prices have a significant impact on the economy. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation's banks. The IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs.
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$42.85 billion (2009 est.)
country comparison to the world: 94
$42.47 billion (2008 est.)
$40.88 billion (2007 est.)
note:
data are in 2009 US dollars
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$22.22 billion (2009 est.)
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0.9% (2009 est.)
country comparison to the world: 101
3.9% (2008 est.)
3.5% (2007 est.)
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$2,300 (2009 est.)
country comparison to the world: 178
$2,300 (2008 est.)
$2,300 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 20.3%
industry:
30.5%
services:
49.2% (2009 est.)
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7.283 million (2009 est.)
country comparison to the world: 61
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agriculture: 70%
industry:
13%
services:
17% (2001 est.)
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30% (2001 est.)
country comparison to the world: 175
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48% (2000 est.)
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lowest 10%: 2.3%
highest 10%:
35.4% (2001)
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44.6 (2001)
country comparison to the world: 43
47.7 (1996)
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18.2% of GDP (2009 est.)
country comparison to the world: 110
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revenues: $4.014 billion
expenditures:
$4.128 billion (2009 est.)
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14.9% of GDP (2009 est.)
country comparison to the world: 114
14.2% of GDP (2008 est.)
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2.1% (2009 est.)
country comparison to the world: 72
5.3% (2008 est.)
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4.75% (31 December 2008)
country comparison to the world: 85
5.25% (31 December 2007)
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NA% (31 December 2008)
country comparison to the world: 46
15% (31 December 2007)
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$2.881 billion (31 December 2008)
country comparison to the world: 84
$2.616 billion (31 December 2007)
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$1.756 billion (31 December 2008)
country comparison to the world: 103
$1.698 billion (31 December 2007)
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$NA (31 December 2008)
$1.3 billion (31 December 2007)
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$NA
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coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root starches; livestock; timber
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petroleum production and refining, aluminum production, food processing, light consumer goods, textiles, lumber, ship repair
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-3.5% (2009 est.)
country comparison to the world: 102
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5.601 billion kWh (2007 est.)
country comparison to the world: 108
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4.801 billion kWh (2007 est.)
country comparison to the world: 108
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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77,310 bbl/day (2009 est.)
country comparison to the world: 55
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26,000 bbl/day (2009 est.)
country comparison to the world: 117
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107,100 bbl/day (2007 est.)
country comparison to the world: 66
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45,520 bbl/day (2007 est.)
country comparison to the world: 91
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200 million bbl (1 January 2009 est.)
country comparison to the world: 56
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20 million cu m (2008 est.)
country comparison to the world: 88
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20 million cu m (2008 est.)
country comparison to the world: 111
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0 cu m (2008 est.)
country comparison to the world: 196
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0 cu m (2008 est.)
country comparison to the world: 196
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135.1 billion cu m (1 January 2009 est.)
country comparison to the world: 49
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-$1.18 billion (2009 est.)
country comparison to the world: 133
-$509.9 million (2008 est.)
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$3.587 billion (2009 est.)
country comparison to the world: 116
$5.942 billion (2008 est.)
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crude oil and petroleum products, lumber, cocoa beans, aluminum, coffee, cotton
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Netherlands 13.99%, Spain 12.25%, Italy 11.84%, China 9.14%, US 6.16%, France 5.51%, South Korea 4.66%, Belgium 4.33%, UK 4% (2009)
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$4.449 billion (2009 est.)
country comparison to the world: 116
$5.4 billion (2008 est.)
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machinery, electrical equipment, transport equipment, fuel, food
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France 21.03%, Nigeria 10.79%, China 10.25%, Belgium 6.62%, US 4.31% (2009)
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$3.917 billion (31 December 2009 est.)
country comparison to the world: 88
$3.091 billion (31 December 2008 est.)
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$2.929 billion (31 December 2009 est.)
country comparison to the world: 124
$3.066 billion (31 December 2008 est.)
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Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar - 481.35 (2009), 447.81 (2008), 493.51 (2007), 522.59 (2006), 527.47 (2005)
note:
since 1 January 1999, the Central African CFA franc (XAF) has been pegged to the euro at a rate of 655.957 CFA francs per euro; Central African CFA franc (XAF) coins and banknotes are not accepted in countries using West African CFA francs (XOF), and vice versa, even though the two currencies trade at par
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