Social contributions in Cameroon
Cameroon: Social contributions was 55.36 billion current LCU in 2021. ◆ Volatile
Social contributions in Cameroon, 1990–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Cameroon recorded 55.36 billion current LCU for social contributions in 2021. That is the highest value across all 18 years on record.
That represents a change of up 61.2% over ten years.
Over the whole period, social contributions in Cameroon peaked at 55.36 billion current LCU in 2021 and was at its lowest, 8.60 billion current LCU, in 1991.
Cameroon ranks 48th of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.24 billion current LCU | 8.60 billion current LCU | 18.71 billion current LCU | 8 |
| 2010s | 43.02 billion current LCU | 34.34 billion current LCU | 48.52 billion current LCU | 8 |
| 2020s | 55.35 billion current LCU | 55.34 billion current LCU | 55.36 billion current LCU | 2 |
Countries ranked near Cameroon
- 45 Belgium 83.81 billion current LCU compare
- 46 Austria 76.98 billion current LCU compare
- 47 Kyrgyzstan 73.78 billion current LCU compare
- 49 Switzerland 55.27 billion current LCU compare
- 50 Dominican Republic 52.80 billion current LCU compare
- 51 South Africa 38.77 billion current LCU compare
More public sector data for Cameroon
- Arms imports 2.00 million SIPRI trend indicator values (2023)
- Tax revenue 11.3% (2021)
- Taxes on income, profits and capital gains 21.8% (2021)
- Taxes on goods and services 43.3% (2021)
- Net investment in nonfinancial assets 4.5% (2021)
- Net lending (+) / net borrowing (-) -2.8% (2021)
- Interest payments 6.8% (2021)
- Grants and other revenue 18.5% (2021)
- Interest payments 7.8% (2021)
- Other taxes 3.6% (2021)
Frequently asked questions
- What is social contributions in Cameroon?
- Social contributions in Cameroon was 55.36 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Cameroon?
- The highest recorded value was 55.36 billion current LCU in 2021.
- What is the lowest social contributions recorded in Cameroon?
- The lowest recorded value was 8.60 billion current LCU in 1991.
- How does Cameroon rank for social contributions?
- Cameroon ranks 48th out of 112 countries with data for 2021.
- Is social contributions rising or falling in Cameroon?
- Over the last ten years it is up 61.2%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.