Economic Outlook
Our content analyzes national and international economic conditions, macroeconomic indicators, growth trends, inflation, employment, interest rates, and market developments. This section deciphers economic trends, financial cycles, and short-term factors that influence business activity and household purchasing power.
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Outlook: The departure of the Hilli Episeyo floating liquefied natural gas plant is expected to reduce economic growth to 3.2% in 2026
The scheduled shutdown of the maritime operations of the floating liquefied natural gas plant in July 2026 has clouded the prospects for national activity expansion. Projections developed by the National Economic and Financial Committee anticipate a slowdown in the pace of wealth growth in Cameroon, reduced to 3.2% for the current year and 3.1% in 2027, compared to 3.5% recorded at the end of 2025.
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Agriculture: Cameroon's Export Revenues Plummet 30% in Q1 2026
The unfavorable reversal of global commodity prices, such as rubber, cocoa, and coffee, is heavily weighing on the country's foreign exchange earnings, despite resilience observed in the cotton and banana segments.
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Trade: Sino-African Exchanges Increase by 24% in the First Half of 2026
Trade between China and Africa grew by 24% in the first half of 2026, with Chinese exports to Africa increasing by 26.2%. However, this growth masks a structural imbalance in the balance of payments that is unfavorable to African nations.
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Wood: Fiscal tightening causes a 7.9 billion FCFA decline in exit duties in 2025
The log export tax increases to 75%, leading to a collapse in taxable volumes. Log and lumber exports decline by 26.5% and 14.9%, respectively. The wood sector records a global deficit of 32.07 billion FCFA.
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CEMAC: Inflation Slows to 1.4% in Q1 2026
Inflation in the CEMAC region slowed to 1.4% in Q1 2026, thanks to the decline in global commodity prices and strong agricultural harvests. This decrease provides monetary authorities with some breathing room.
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CEMAC: The Scanning Crisis at the Port of Douala Has Led to Significant Logistical Overheads
The scanning crisis at the Port of Douala has caused significant logistical overheads, lengthening waiting times and increasing the cost of port passage. This has had a significant impact on regional inflation, which remains high despite a slight decline. Port supply chain disruptions are exacerbating pressure on retail prices.
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Customs Revenue: Decline in Export Duties Weighs on Performance
The decline in export duties is heavily impacting customs performance, with a 47.6% drop compared to the previous year. Import taxes are playing a cushioning role, but are not enough to offset the losses.
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Domestic VAT: DGI Collects 197.7 Billion FCFA in Q1 2026
The DGI collected 197.7 billion FCFA in domestic VAT in Q1 2026, below forecasts. The result marks a 2.9% decline compared to the previous year. The internal collection is offset by the dynamism of customs activity.
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Cocoa: The price per kilogram reaches a peak of 2,600 FCFA at the end of the campaign
The price per kilogram of cocoa reaches 2,600 FCFA, consolidating the recovery that began two months earlier, but remains below historical performances.
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Inflation: Five Regional Capitals Exceed Cemac's Critical Threshold
Inflation has reached alarming levels in five regional capitals. The cost of living is rising sharply in Bertoua, Ngaoundéré, and Bafoussam. What are the causes of this runaway inflation?
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Banana Industry: CDC Exports Down 12% in June 2026
Cameroon's banana exports plummeted by 12% in June 2026, hitting a yearly low. Climate and structural difficulties are weighing on production. What's the future of the banana industry?
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Market: Gold price oscillates around $4,000 an ounce
Gold is oscillating around $4,000 an ounce, breaking with the upward trend. Institutional demand is weakening and geopolitical tensions are influencing hedging strategies. What's the future for gold?
