Cameroon - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Cameroon was 15.04 as of 2020. Its highest value over the past 55 years was 33.48 in 1984, while its lowest value was 15.04 in 2020.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 23.76
1966 20.99
1967 20.63
1968 22.12
1969 23.38
1970 26.21
1971 23.02
1972 20.39
1973 20.69
1974 25.44
1975 22.68
1976 22.64
1977 25.06
1978 23.66
1979 21.08
1980 27.88
1981 21.87
1982 33.21
1983 30.40
1984 33.48
1985 33.45
1986 23.28
1987 16.69
1988 16.03
1989 20.71
1990 20.18
1991 20.00
1992 20.55
1993 16.39
1994 21.48
1995 21.62
1996 24.26
1997 26.65
1998 21.98
1999 19.43
2000 24.86
2001 25.26
2002 22.99
2003 19.44
2004 20.55
2005 22.25
2006 24.18
2007 26.98
2008 27.01
2009 19.58
2010 22.37
2011 24.23
2012 23.88
2013 23.64
2014 23.61
2015 20.99
2016 18.95
2017 18.35
2018 18.74
2019 19.85
2020 15.04

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts