In 2021, Cameroon's GDP growth accelerated to 3.5 percent from 0.5 percent in 2020, thanks to the recovery of non-oil activity and continued investment. Inflation was contained to 2.5 percent in 2021, compared to 2.4 percent in 2020, due to a system of price controls on essential goods. In March 2022, the central bank raised its main policy rate from 3.5 percent to 4 percent. Of the SDR 264.5 million allocated in August 2021, SDR 61.5 million was used in FY2021. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
As a member state of the Economic and Monetary Community of Central Africa (CEMAC), Cameroon is a member of the Central African Securities Exchange (BVMAC), a stock exchange common to all six (6) countries of the union. At the end of December 2022, BVMAC had 6 listed companies representing a market capitalization of $0.1 billion. After recording $1,026.9 million in 2019 and contracting by 34% in 2020, foreign direct investment flows to Cameroon stood at 850.0 in 2021, representing growth of 26%.
